PANews reported on May 17 that according to Cointelegraph, data showed that Binance Alpha has increased the on-chain activity of BNB Chain, with weekly transaction volume of BNB Chain increasing by 114.6% and more than 1 million new addresses added daily. Among the first batch of Alpha tokens launched, 71% chose to be deployed on BNB Chain, 60% were released through the initial DEX issuance (IDO) module of Binance Wallet, and the rest were launched through Launchpad and Launchpool. Among the top 20 Alpha tokens in terms of current trading volume, 9 are native to BNB Chain. In addition, more than 50% of the liquidity of some projects such as Haedal Protocol and Polyhedra Network has been deployed on BNB Chain, driving the growth of the total locked volume (TVL) of the chain.