This is the strength of the Binance Alpha project!

Taiko @taikoxyz officially announced its launch on May 31 in the @binancezh Alpha zone, and on the same day, it immediately launched a trader competition with a prize pool of 1 million USD!

The trading volume is extremely high, with nearly 90 million USD in 24 hours.

What exactly is the Taiko project? In short, it is one of the few solutions in the Ethereum scaling field that simultaneously pursues high performance and strong decentralization. It claims to increase on-chain transaction speeds by 20 to 40 times without sacrificing decentralization principles. This characteristic makes it stand out in the L2 race.

From a market valuation perspective, the current circulating market cap of $TAIKO is approximately 73 million USD, which is clearly undervalued compared to the dozens of billions of dollars of leading L2 tokens such as $OP and $ARB. Coupled with the upcoming Takeoff airdrop plan, Alpha trading activities, and the launch of multiple ecosystem projects, Taiko's short-term popularity is expected, and its long-term growth potential deserves more attention.

It also reflects the recent smooth and precise pace of Binance Alpha, which can be said to be the best and most stable way for retail investors to participate in the market!

According to the latest statistics from Defillama, Binance's asset inflow exceeds the total of all other exchanges. The 24-hour trading volume of the BNB Chain also surpasses the total of other public chains. Does this mean that BNB is about to rise?

@BNBCHAINZH @cz_binance @heyibinance