Why is it not recommended to enter Binance Alpha now?

#币安Alpha上新

As a platform providing early crypto project airdrops and token generation events (TGE), Binance Alpha has attracted a large number of investors and traders. However, based on the latest data and market trends as of June 2025, entering Binance Alpha may not be a wise choice. This analysis examines why new users are not recommended to enter at this time from four aspects: points threshold, cost-effectiveness, risk factors, and market environment.

1. Points thresholds continue to rise, making entry more difficult.

The airdrop points requirement for Binance Alpha has significantly increased in recent weeks, indicating that platform competition is becoming increasingly fierce. According to recent data:

May 23: SOON airdrop requires 190 points.

June 2: LayerEdge (EDGEN) requires 223 points.

June 4: Lagrange (LA) requires 215 points.

June 6: Fly (FLY) requires 223 points.

June 8: Open Loot (OL) requires 233 points.

June 9: Skate (SKATE) requires 236 points.

June 10: HOME requires 236 points and RESOLV requires 239 points.

From 190 points to 236 points, the threshold increased by about 24% in less than a month. For new users, reaching 236 points requires accumulating approximately 15.73 points daily on average over 15 days. This requires:

High asset holding: Holding ≥$100,000, one can only earn 4 points daily, and remaining points need to be supplemented through trading.

High-frequency trading: Trading $8,192-$16,384 of Alpha tokens daily to earn 11-12 points, with huge trading volumes.

For small investors (assets <$10,000), earning only 1-3 points of balance points daily requires extremely high trading volume to meet standards, with costs and time investments far exceeding expectations. New users starting from zero find it challenging to catch up with the airdrop pace in a short time.

2. Cost-effectiveness imbalance, returns difficult to cover investment.

The potential returns from Binance Alpha airdrops were once its appeal, but the cost-effectiveness has significantly declined recently. According to airdrops.io, the average value per user on the first day of airdrops in May was $270, with a historical peak of $656. However, the actual returns from recent airdrops have been unstable:

Edgen airdrop (recent case): Worth only $26, far below the investment cost.

Transaction costs: To reach 236 points, trade $8,192-$16,384 daily, with 15 days of trading fees (assuming a 0.01% fee) approximately $40-$60, plus slippage losses, the costs could be higher.

Opportunity cost: High asset lock-up (≥$100,000) limits liquidity for funds in other high-yield projects.

3. Increased risk factors, rising compliance pressure.

Entering Binance Alpha faces multiple risks, particularly unfavorable for new users:

Market risk: The price of Alpha tokens fluctuates dramatically, and trading strategies (buying and then selling) could lead to losses due to market downturns. The overall crypto market remains unstable as of June 2025, increasing uncertainty.

Compliance risk: Binance upgraded its risk control system in June 2025, explicitly prohibiting multi-account point farming or bot operations (see ChainCatcher). New users unfamiliar with the rules may face account freezes due to misoperation.

Time risk: Points are based on a 15-day average, and new users need at least 10-15 days to accumulate points to participate in airdrops. If the threshold continues to rise during this period (for example, breaking 250 points), early investments may go to waste.

Policy risk: Binance may further adjust Alpha rules, such as increasing point consumption (currently airdrops consume 15 points) or restricting eligibility, increasing uncertainty for new users.

These risks are particularly unfavorable for new users with limited funds or insufficient experience, potentially leading to disproportionate investment and returns.

4. Changes in market environment, declining appeal of Alpha.

The appeal of Binance Alpha partly stems from the rarity of early projects, but the current market environment has changed:

Intensifying competition: With the increase in participants, studios are entering in large numbers. Binance is filtering users by raising points thresholds, marginalizing small and medium investors. Complaints from the community about high thresholds are increasing.

Project quality varies: Recent Alpha airdrop projects (like Edgen) have performed poorly in the market. In contrast, airdrops from popular projects like LayerZero or Blast are more attractive and do not require complex points mechanisms.

In the current market, Alpha's high investment and high-risk model has limited appeal to new users. Funds and time may be better allocated to other low-threshold, high-potential projects.

Conclusion: Entering Alpha now is not cost-effective.

Based on the above analysis, entering Binance Alpha on June 11, 2025, is not recommended for several reasons:

High threshold: The 236 points requirement is extremely unfriendly to new users, requiring significant assets or high-frequency trading.

Low returns: High trading costs and opportunity costs make it difficult for recent airdrop returns (e.g., $25) to cover investments.

High risk: Market volatility, compliance pressures, and policy uncertainties increase the potential for losses.