Binance Launches Sperax ($SPA) with Major Airdrop and Trading Incentives

Binance has officially listed Sperax ($SPA), a stablecoin-powered DeFi protocol, on its platform. The launch is accompanied by an exclusive airdrop offering 4,607 $SPA tokens to eligible Binance Alpha users who hold at least 160 Binance Alpha Points. The airdrop is available on a first-come, first-served basis until allocations are exhausted or the promotion period concludes. Additionally, a trading contest is expected to further engage the community. Sperax aims to bring innovation to decentralized finance with its unique stablecoin solutions. This MOVE highlights Binance's continued commitment to expanding its DeFi offerings and rewarding its user base.

Binance Lists Sperax ($SPA) with 44M Token Airdrop and Trading Contest

Binance has officially launched Sperax ($SPA) on its platform, accompanied by an exclusive airdrop for Binance Alpha users. Eligible participants can claim 4,607 $SPA tokens, provided they hold at least 160 Binance Alpha Points. The airdrop operates on a first-come, first-served basis until allocations are exhausted or the promotion period ends.

Sperax, a stablecoin-powered DeFi protocol, aims to innovate decentralized finance with its suite of financial tools. The listing and airdrop underscore Binance's continued efforts to engage its community with high-potential projects.

The announcement, made via Binance's official X account, highlights the exchange's strategy of leveraging token incentives to drive platform activity. With 44 million tokens allocated for the campaign, the move signals strong institutional support for Sperax's ecosystem.

Bitcoin Surges to Record High Above $122K, Eyes $125K Liquidity Zone

Bitcoin has shattered its previous all-time high, breaching the $122,000 mark with a robust 2.42% intraday gain. This rally marks the most aggressive upward movement of the current cycle, outpacing even the post-election surge that peaked at $108,230. The momentum is backed by technical indicators, with the MACD holding firm and the RSI climbing in lockstep with price action—a departure from historical patterns where bearish divergences often followed new highs.

Market sentiment remains skeptical, as Binance data reveals over 65% of accounts are still net short. A critical liquidity cluster sits at $123,317, where approximately $52 million in short positions could fuel further upside if breached. The absence of exhaustion signals suggests this rally may have staying power, potentially setting the stage for a liquidity sweep toward $125,000.

BNB Marks 8th Anniversary with Over 10,000x Growth Since Launch

BNB, the native token of Binance, celebrates its eighth birthday with a staggering 10,000x appreciation from its initial price of $0.06 in 2017 to $698 today. The asset's journey began as an ERC-20 token on ethereum before migrating to Binance Chain in 2019, now powering one of crypto's most active ecosystems.

Binance's 2017 ICO raised $15 million by selling 100 million BNB at $0.15 per token, with allocations split between public investors, founders, and early backers. The token's utility across trading fee discounts, decentralized applications, and network governance fueled its ascent alongside Binance's dominance in exchange volumes.

CZ's commemorative tweet underscores BNB's rare achievement as one of few cryptocurrencies maintaining top-5 market cap status through multiple market cycles. Its price trajectory mirrors Binance's expansion from fledgling startup to infrastructure provider for Web3 developers.