Binance News: Flaws in Crypto Airdrops Highlighted by Binance Research

A recent report by Binance Research has shed light on the potential downsides of crypto airdrops, which were once seen as a powerful growth strategy but are now raising concerns. Here’s a closer look at the key findings and implications.

Binance Research Highlights Flaws in Crypto Airdrops

Binance Research has revealed major flaws in crypto airdrops, which once served as a growth engine but now risk becoming liabilities. The report highlights cases where airdrops have turned excitement into frustration, posing the question: Are airdrops crypto’s golden ticket or a ticking time bomb? Pudgy Penguins’ airdrop received near-universal acclaim with a 10/10 rating, while Hyperliquid followed closely with a 9/10. However, the research also cites examples like Redstone, which slashed its airdrop pledge from 9.5% to 5% of its token supply.

Binance Dominates Stablecoin Market with 66% Share

Binance leads stablecoin reserves with a 66% market share, holding $31 billion in assets across exchanges. The exchange also dominated Futures trading with $1.08 trillion in January 2025 volume. Binance has consistently maintained a dominant position in the crypto exchange landscape, reinforcing its role as a key player in the crypto space. Stablecoins remain the backbone of on-chain liquidity and trading efficiency, providing price stability and reducing friction in capital movement.