Binance Alpha data shows that AB's 24-hour trading volume has exceeded $1.5 billion (accounting for 19.3% of the platform's total), with a current price of $0.0154 (an increase of 12.56%), and a market capitalization of $957.8 million. The main reason for this abnormal volatility is the stimulus from the airdrop (consuming 15 points to claim $152 worth of AB) and the concentration of remaining users in trading after a sharp decrease of 30,000 Alpha users.

Analysis by Qin Ge

Short-term drivers: The deadline for claiming the airdrop today has triggered speculative buying, and technical narratives (full-chain interoperability + RWA hotspots) are boosting FOMO sentiment; bubble risk: the market cap/TVL ratio has reached 6.2 (industry health value <3), and RSI overbought at 85 indicates a 30% pullback possibility, also Binance's cancellation of trading points between tokens starting today will lead to a halving of trading volume; long-term hazards: 54% of tokens are controlled by the team, raising manipulation suspicions, and daily cross-chain trading volume is only at the tens of millions level, making it difficult to support valuation. It is recommended to operate with light positions before the airdrop ends (support at 0.013 / resistance at 0.018), if the long-term daily trading volume target of $100 million is not reached, the risk of going to zero will increase.