Binance Wallet is crushing the competition and "ruining" airdrops, Chinese firm approved for RWAs in Hong Kong.

Cryptocurrency exchange Binance’s wallet has surged out of nowhere in 2025 to become the dominant in the industry.

It closed the week starting on May 5 with an 86% share of the swap market, and so far, in the week starting on May 12, it’s at 93%, according to Dune Analytics data.

At the first full week of the year, Binance Wallet controlled a measly 3.4% while OKX led the industry with 44.6% of the market, with MetaMask and imToken each at around 18.5%.

Dovey Wan, founder of Primitive Ventures, attributes Binance Wallet’s activity explosion to the launch of the exchange’s Binance Alpha program. https://cointelegraph.com/magazine/binance-killing-airdrops-maplestory-crypto-nxpc-asia-express/