Binance extends domination of the Web3 wallet market

By: cryptosheadlines|2025/05/08 21:30:02
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Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Binance Wallet is growing its dominance of the Web3 tools category, benefiting from a mix of DEX trading and special events. The wallet has expanded to an 81.2% market share, shooting far ahead of rival Coinbase Wallet. Binance Wallet is driving the expansion of the entire ecosystem. The wallet is becoming a key tool for Web3 activities, as well as new asset adoption. In May, the wallet kept expanding its dominance, reaching a market share of 81.2% and surpassing all other exchange-based and Web3 wallets. Binance Wallet has the advantage of having a native chain and not being dependent on third-party services.Binance Wallet kept increasing its trading activity, boosted by the zero-fee period. | Source: Dune AnalyticsThe chief reason behind the expansion of the wallet service is the zero-fee campaign started in March, which is expected to run until September. The campaign has already led to noticeable results in terms of BNB Chain daily users and trading volumes through the native wallet. Binance Wallet reaches peak trading volumesOn May 7, daily trading volumes for Binance Wallet reached an all-time high of over $574M. The daily result reflects several months of growth, mostly driven by wallet-based swaps and DEX activity. The wallet flipped MetaMask as the go-to wallet for fast swaps, especially after the zero-fee campaign. Over that period, MetaMask has carried significant fees for routing and a worse swap price compared to other wallets. The low fee policy seems to work for Binance, with new plans to further lower gas expenses for traders and token users. Binance Smart Chain may go through another fee reduction, boosting on-chain usage. Binance’s Web3 wallet is also the hub for new token sales for all accounts that hold 3 BNB in their wallets. Regular new TGE events and airdrops, as well as the daily Binance Alpha curated tokens reflects demand for new assets and a loyal community.Binance Smart Chain boosts DEX activityBinance Smart Chain showed rapid growth in its DEX activity. In the past week, volumes expanded by 18.8%, reaching a total of $2.09B. With this activity level, Binance Smart Chain is closing in on Solana with $2.89B in weekly DEX trading volumes. The chain routinely surpasses Ethereum, which achieves $1.79B in weekly DEX activity.The growth on BSC is driven by the PancakeSwap market, which grew by over 23% in a week. BSC DEX activity started to pick up in April, as daily volumes broke consistently above $1B. In the first week of May, BSC posted outlier DEX volumes, the highest seen since March. BSC DEX activity peaked around January 22, with $4.4B in total volumes. BSC has achieved consistent growth, though still not breaking its 2021-2022 trading records. The current increase in activity tracks the performance of wrapped BTC, stablecoin, as well as top BSC versions of meme tokens like PEPE, as well as native memes from Four.meme.As a result of the renewed interest and demand for swaps, the native BNB token expanded to a one-month peak. BNB traded at $614.59, setting up expectations for a more significant breakout. KEY Difference Wire: the secret tool crypto projects use to get guaranteed media coverageSource link

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From a numbers standpoint, Real Madrid stayed composed under pressure, completing 526 passes with a 52.4% share of possession. Atlético struck first in the 33rd minute through Lookman. After the break, Real Madrid flipped the game: Vinícius converted a penalty to level, then Valverde fired them ahead. Molina pulled Atlético back on level terms, but Vinícius stepped up again in the 72nd minute to seal the win. Late drama followed as Valverde saw red, forcing Real Madrid to defend deep with ten men through the final stretch. Atlético's aggressive approach—12 fouls and 4 yellow cards—kept the pressure on, but they couldn’t stop the comeback.

WEEX Insights: As the official LALIGA partner in the Hong Kong and Taiwan regions, WEEX sees this win as a masterclass in control under pressure. Even after a red card and constant attacks, Real Madrid stayed sharp and executed with precision. That same discipline—staying calm in volatile moments and acting with clarity—reflects the core trading mindset WEEX stands for. LALIGA fan campaigns are coming soon—celebrate the game with WEEX.

About WEEX

Founded in 2018, WEEX has developed into a global crypto exchange with over 6.2 million users across more than 150 countries. The platform emphasizes security, liquidity, and usability, providing over 1,200 spot trading pairs and offering up to 400x leverage in crypto futures trading. In addition to the traditional spot and derivatives markets, WEEX is expanding rapidly in the AI era — delivering real-time AI news, empowering users with AI trading tools, and exploring innovative trade-to-earn models that make intelligent trading more accessible to everyone. Its 1,000 BTC Protection Fund further strengthens asset safety and transparency, while features such as copy trading and advanced trading tools allow users to follow professional traders and experience a more efficient, intelligent trading journey.

Follow WEEX on social media

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LALIGA Match Report: Araujo seals 1–0 win as Barça tighten grip on top spot

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WEEX Insights: As the Official LALIGA Partner in HK & TW, WEEX sees Barça’s 89% passing accuracy as a clear example of high execution with minimal error. Staying precise under pressure and finding the breakthrough reflects the same disciplined approach used in rational trading.

LALIGA interactive campaigns are coming soon—stay tuned with WEEX ⚽️

About WEEX

Founded in 2018, WEEX has developed into a global crypto exchange with over 6.2 million users across more than 150 countries. The platform emphasizes security, liquidity, and usability, providing over 1,200 spot trading pairs and offering up to 400x leverage in crypto futures trading. In addition to the traditional spot and derivatives markets, WEEX is expanding rapidly in the AI era — delivering real-time AI news, empowering users with AI trading tools, and exploring innovative trade-to-earn models that make intelligent trading more accessible to everyone. Its 1,000 BTC Protection Fund further strengthens asset safety and transparency, while features such as copy trading and advanced trading tools allow users to follow professional traders and experience a more efficient, intelligent trading journey.

Follow WEEX on social media

X: @WEEX_Official

 Instagram: @WEEX Exchange 

Tiktok: @weex_global 

Youtube: @WEEX_Official 

Discord: WEEX Community 

Telegram: WeexGlobalGroup

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