Binance Alpha recently introduced Binance Alpha Points, a scoring system that assesses user activity within the Binance Alpha ecosystem to evaluate early-stage crypto projects. This new feature has attracted interest from airdrop hunters, resulting in a significant increase in trading volume on Binance Alpha. The system has received mixed reactions from the community.

Trading volume on Binance Alpha soared following the introduction of Alpha Points on April 25, surpassing $330 million by May 7. The platform recorded over 1 million daily transactions on May 5 and May 7, with a total trading volume exceeding $2.8 billion and nearly 117 million transactions accumulated.

This surge in activity demonstrates the appeal of the Alpha Points feature, as users actively trade to earn points and boost their chances of receiving airdrops. Binance has been listing new projects on Binance Alpha more frequently to cater to this increased demand.

Investors have responded differently to the Alpha Points initiative. While some, like Wonnie from MBMweb3, view it as a lucrative opportunity to earn points and profit, others criticize it as an exploitative scheme. The system's requirement to maintain a high score by continuously trading within a short time frame has caused financial strain on some users.

Critics argue that the reward conditions have become more stringent over time, with users needing to meet high point thresholds through substantial trading volumes to qualify for airdrops. This has led to users paying transaction fees without necessarily receiving airdrops, causing frustration among the community.

Despite these criticisms, the number of projects listed on Binance Alpha continues to grow, with over 140 projects featured on the platform. Nine projects have utilized the Alpha Points system to conduct airdrops so far.