Binance Alpha is preparing to launch Cycle Network (CYC) on August 4, 2025, allowing users to claim airdrops via Alpha Points. This event is drawing traders' attention.
Launch of Cycle Network on Binance Alpha
Binance Alpha has announced the launch of Cycle Network, which will go live on August 4, 2025. Users will be able to claim airdrops using Alpha Points once trading begins on the platform.
Price Trends Before the Announcement
According to CoinMarketCap, Cyclone Protocol (CYC) is valued at $8.82, with a market cap of $231,828.40. The token's price has increased by 45.99% over the past 90 days. This data indicates rising market interest ahead of the Binance Alpha listing announcement.
Market Analysis and Impact
Coincu's research team suggests that the listing of Cycle Network on Binance Alpha may initially inflate trading volumes, although sustained regulatory and technological impacts require further observation. Such listings historically lead to initial activity spikes, followed by stabilization trends.
With the launch of Cycle Network, Binance Alpha anticipates to increase trader interest and trading volumes. Current price trends confirm market activity, yet further changes will depend on various factors.
