Week in Binance Alpha: Activity Holds Strong Despite Market Pressure
Binance Alpha maintained solid momentum this week even as the wider crypto market faced continued weakness. New token launches and sharp gains in select projects helped sustain engagement across the platform.
The total market value of Binance Alpha stood at $15.98 billion, showing resilience while the broader crypto market slipped 0.94%. During the same period, Bitcoin fell below $90,000, adding pressure across major assets.
Market sentiment weakened further as crypto ETFs recorded $74 million in outflows, and the Fear & Greed Index dropped to 34, firmly in fear territory.
Despite these headwinds, standout performance came from SKR, which surged 246% over seven days, highlighting strong speculative interest in Alpha-listed tokens.
Recent launches such as ELSA and FIGHT played a key role in driving activity, with Alpha Points–based airdrops encouraging participation even as macro conditions remained challenging.
Bottom line: while overall market sentiment is cautious, Binance Alpha continues to attract attention through early-stage opportunities and high-risk, high-reward plays.
