DWF Ventures stated on the X platform, "Since the launch of Binance Alpha in December 2024, Binance Alpha has launched more than 190 projects, with over 70% of projects currently valued at less than $50 million, Meme coins and AI tokens dominate, with DeFi projects ranking third. The number of Meme coins and AI token projects exceeds the sum of all other on-chain tracks. Solana is the most commonly used public chain for selected projects, followed by BNB Chain and Ethereum.
Approximately 10% of Alpha projects have successfully entered the spot market, with a total of 19 projects achieving spot market listings. DeFi and Meme coins have the highest success rate in transitioning to the spot market. Projects transitioning from Alpha to the spot market typically have active social media presence, high trading volume, and a leading position in popular on-chain sub-sectors."
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