📉 Is Binance Alpha losing players?

The number of transactions on Alpha has decreased from ~500K (14/11) to 283,061 (05/12).

The estimated decrease is ~43% over 3 weeks, reflecting capital flowing out of Alpha.

The sharp decline occurred on 24/11 and 30/11, after which it continued to go down.

🔍 Why the decline?

Lack of new projects sufficient to create FOMO 👀

Rewards/points are not as attractive as in the early stages 🎁

The overall market is cooling down, liquidity is decreasing 🌧️

⚠️ Implications for traders

Thin liquidity makes price manipulation easier.

But with fewer participants → less competition for point farming 💡

👉 In summary: People are leaving, but opportunities for those who persevere still exist.