Binance has announced an airdrop of 1500 EthSign tokens scheduled for April 28, 2025, for users with at least 65 Alpha Points. This event coincides with the token's market debut.
Eligibility Criteria for Airdrop
The EthSign airdrop is aimed at users possessing at least 65 Alpha Points. The required score is tied to holding and trading Alpha ecosystem tokens. The eligibility criteria will be revealed on launch day.
Market Impact
The airdrop is expected to influence Binance's internal trading activities, as eligible users will receive tokens within 10 minutes of trading going live. No unusual price movements have been observed in established cryptocurrencies like ETH/BTC due to the airdrop.
Historical Observations and Next Steps
Similar Binance airdrops in the past have often resulted in early price volatility. The market behavior of EthSign post-airdrop will be closely monitored. Interest in decentralized agreements may increase; however, real-time effects will become evident only after trading commences.
The EthSign airdrop from Binance represents a significant event for the platform and may impact user engagement in the Web3 ecosystem and decentralized agreements.
