Binance Alpha witnessed a significant cooling in trading activity, with its volume contracting to $987 million on June 14. This marks a substantial decline from the recent peak of $2.04 billion recorded on June 8.
The token ZKJ dominated the platform’s trading, accounting for $703 million of the total volume. KOGE followed distantly with $159 million, while TAIKO recorded $25.75 million.
This represents the sixth consecutive day of declining trading volume on Binance Alpha. The current level reflects a nearly 51% decrease from the peak volume and a 12.6% drop compared to the previous Friday.
The sustained downturn highlights ongoing volatility and shifting liquidity patterns within the cryptocurrency trading ecosystem on the Binance Alpha platform.