Binance, one of the world's largest cryptocurrency exchanges, has announced changes to its Alpha program rules that will take effect on June 17, 2025.
Overview of Changes in Alpha Program
As of June 17, 2025, trading volumes between Alpha tokens will no longer be included in the Alpha Score calculation. This announcement was made by Binance to improve the competitive environment in the market.
Reasons for the Changes
The changes are associated with recent high price fluctuations of some Alpha tokens, such as ZKJ and KOGE. Binance suggests that this was caused by large investors withdrawing on-chain liquidity and the subsequent liquidation chain.
What is the Alpha Program?
The Binance Alpha program serves as a pre-selection platform where tokens being considered for potential listing on the exchange are transparently presented. Tokens are selected based on Binance's industry expertise and advanced analytics.
The changes in Binance's Alpha program aim to protect fair competition and stability in the market, while seeking to reduce systemic risks arising from excessive concentration. This reflects the company's high attention to price fluctuations and trading dynamics.