Binance Alpha Reaches $1.77 Billion Trading Volume Milestone – Coincu

On May 30, 2025, Binance Alpha’s trading volume surged to $1.77 billion, driven by market interest in key tokens. Binance Alpha, recognized for its innovative trading approach, demonstrates a growing role in digital asset trading, as seen in elevated trading interest for ZKJ tokens.

Binance Alpha’s trading volume reached a substantial $1.77 billion on May 30, with ZKJ being the most traded token at $1.32 billion. KOGE followed with $140 million, and MERL saw $120 million in trading activity. This highlights growing investor interest in these assets as Binance Alpha strengthens its market position.

ZKJ and MERL Drive Market Activity Amid Competition

According to CoinMarketCap, Polyhedra Network’s ZKJ token has exhibited significant trading activity. ZKJ is valued at $2.01 with a market cap of $587,879,162. The 24-hour trading volume reached $6.66 billion, despite a slight dip of 0.01% over the same period.

The inclusion of a trading competition, particularly for the MERL token, appears to have significantly influenced its trading activity. The competition running from May 20 until June 3 offers ample rewards for users, possibly incentivizing its increased trading.

“Binance Alpha has reached an impressive trading volume of $1.77 billion, marking a significant milestone in the cryptocurrency trading ecosystem.”

Market Insights and Future Trends

Did you know? Since May 24, 2025, Binance Alpha increased its trading volume by 4.7%, showcasing expanding interest in crypto trading on this platform.

Insights from the Coincu research team indicate that Binance Alpha’s trading dynamics could significantly influence future crypto trends. The platform’s effective use of trading incentives reflects a growing strategy among exchanges to bolster user engagement and market activity.

This momentum may prompt further innovations in trading models and regulatory approaches.