Binance Expands Web3 Wallet with Sonic Blockchain Integration and Teases Airdrops

Binance continues to innovate in the Web3 space by integrating the Sonic blockchain into its Web3 Wallet, offering users seamless token transfers and dApp interactions. The move is accompanied by promotional airdrops, signaling strong growth potential for both Binance and the Sonic ecosystem.

Binance Web3 Wallet Integrates Sonic Blockchain, Teases Airdrops

Binance Wallet has expanded its support to include the Sonic blockchain, enabling seamless token transfers and direct interaction with decentralized applications (dApps) on the network. The integration marks a significant step in Sonic’s adoption, positioning it alongside other prominent blockchains accessible through Binance’s platform.

Promotional airdrops of $S and other ecosystem assets will be offered to active traders on the Sonic Chain, though specifics remain undisclosed. The move aligns with Binance’s strategy to drive engagement through incentive programs while broadening its Web3 capabilities.

Ethereum Supply Dwindles on Binance, Signaling Potential Price Rally

Ethereum reserves on Binance have plummeted to multi-week lows, with the exchange’s Supply Ratio for ETH hitting its weakest level in weeks. This metric tracks the proportion of circulating ETH held on trading platforms—a decline typically signals investors are shifting assets to private wallets or decentralized protocols.

The exodus from Binance, the world’s largest crypto exchange by volume, carries particular weight. When whales and retail traders alike withdraw ETH from such liquid markets, it often precedes reduced sell-side pressure. The market remembers how similar withdrawals preceded ETH’s 2021 bull run—though past performance never guarantees future results.