Binance Alpha 2.0 Achieves Record $1.13 Billion Trading Volume – Coincu

Key Points:

  • Binance Alpha 2.0’s volume surpasses $1.13 billion, ZKJ leads.
  • Record daily transaction count exceeds 1.48 million.
  • Possible continued growth due to retail surge.

According to CoinMarketCap, Polyhedra Network’s ZKJ is currently priced at $2.05, with a market cap of $600.54 million. Its 24-hour trading volume surged to $2.15 billion, marking a 10.95% increase. Despite recent fluctuations, ZKJ maintains significant trading interest, evidenced by its notable liquidity and trading activity.

Cas Abbé, Crypto Analyst, – “The $361.54 million daily volume recorded on May 10, 2025, suggests heightened liquidity, particularly in major trading pairs such as BTC/USDT and ETH/USDT, which likely accounted for a significant portion of the activity. This liquidity can lead to tighter spreads and better entry/exit points for day traders. However, the retail-driven nature of the 750,000 transactions on the same day also raises concerns about potential over-leverage and sudden sell-offs if market sentiment shifts.”

Record Volume Spikes with ZKJ Leading Assets

Binance Alpha 2.0’s trading volume hit a historical high of over $1 billion on Friday, with substantial activity in ZKJ, B2, and SKYAI tokens. Led by the Binance team under CEO Richard Teng, the platform is experiencing unprecedented trading activity, potentially impacting liquidity dynamics across crypto markets. The notable volume surge is linked to Binance’s new Alpha point consumption mechanism, driving increased platform participation. This high-frequency trading activity indicates a robust market environment, reinforcing Binance’s status in the competitive trading landscape.

Binance’s achievement provoked a strong community reaction, with analysts applauding the astounding growth. Despite rising enthusiasm, caution remains regarding potential volatility. Discussions online emphasize liquidity, enhanced by high transaction counts exceeding expectations.

Transaction Count Soars to 1.48 Million

Did you know? Binance Alpha 2.0 reached a staggering 1.48 million transactions in one day, illustrating an exponential increase from just 500,000 transactions a month ago.

According to CoinMarketCap, Polyhedra Network’s ZKJ is currently priced at $2.05, with a market cap of $600.54 million. Its 24-hour trading volume surged to $2.15 billion, marking a 10.95% increase.

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Polyhedra Network(ZKJ), daily chart, screenshot on CoinMarketCap at 20:51 UTC on May 18, 2025. Source: CoinMarketCap

Coincu research highlights the potential for sustained growth in Binance Alpha 2.0. The team points to recent technological advances as pivotal, noting the platform’s impact on overall market dynamics within cryptocurrencies. Enhanced trading conditions could continue, attracting retail and institutional actors alike.

Source: https://coincu.com/338333-binance-alpha-record-trading-volume/