Binance Alpha Lists Cycle Network, Offers First-Come Airdrop

Binance Alpha has announced the availability of Cycle Network (CYC) trading on August 4, with an airdrop event for users holding at least 200 Binance Alpha Points.

This listing signals Binance’s continued integration of multichain protocols, potentially boosting Cycle Network’s adoption and influencing related assets like ETH and BTC.

Cycle Network Launch Boosts User Engagement on Binance Alpha

Binance Alpha will feature Cycle Network (CYC), setting it apart as the platform’s latest addition. Eligibility for the associated airdrop requires users to hold 200 Binance Alpha Points, a strategic incentive boosting user engagement.

Each hour, the point threshold decreases by 15, motivating users to act swiftly to claim the airdrop. These changes highlight Binance’s strategy to enhance participation and liquidity.

While there are no major public figures commenting, the social media buzz and discussions around this listing indicate a strong community interest. Community and developer reactions show a marked increase in engagement, as evidenced by trending posts on Binance’s official channels.

Cycle Network Pricing and Market Impact Analysis

Did you know? Cycle Network’s launch on Binance follows a similar strategy to prior listings, where eligibility criteria sparked immediate market activity and user involvement across the platform.

Cycle Network (CYC) is priced at $8.56, boasting a market cap of $224,861.88 according to CoinMarketCap. The fully diluted market cap stands at $427,786.65, whereas the 24-hour trading volume surged by 1147.29%. With a circulating supply of 26,282.01 tokens, its price saw a weekly increase of 10.02% and a 90-day gain of 40.58%.

Insights from the Coincu research team suggest that Cycle Network’s unique position as a cross-chain settlement protocol could enhance market adoption across multichain ecosystems. Potential regulatory shifts and technological advancements may need close monitoring post-listing to understand long-term implications.

Binance, Official Twitter Handle, Binance Alpha, August 2, 2025 – “Get ready Binance Alpha will be the first platform to feature Cycle Network (CYC) on August 4th. Eligible users can claim their airdrop using Binance Alpha Points on the Alpha Events page once trading opens…”