Binance Wallet Hits 95% Swap Dominance Fueled by a 140M Token Airdrop Program

• Binance Wallet dominates swaps with 95% volume, fueled by Alpha’s airdrop push
• Early Alpha tokens SHELL, HYPER, and PARTI post gains up to 27 times in value
• Strong liquidity and support levels hint at further upside for Alpha-distributed tokens

Binance Wallet has emerged as the dominant player in swap activity, capturing nearly 95 percent of volume among crypto wallets. According to analyst Ali Martinez, the surge can be traced to Binance Alpha’s aggressive airdrop program. 

The platform has executed over 100 airdrops, distributing more than 140 million tokens, with the average user receiving roughly $6,696 in value. This initiative has not only increased participation but also pushed several projects into the spotlight with impressive market performances.

I just noticed Binance Wallet holds 95% of swap volume among crypto wallets. Dug a bit deeper and found why. Binance Alpha has completed over 100 airdrops, distributing 140M+ tokens worth about $6,696 per user on average, triggering a huge spike in activity.

Many of these… pic.twitter.com/nIh5cAX7PO

— Ali (@ali_charts) August 21, 2025

Airdrops Driving Market Momentum

The results of these aird…

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