Retail Traders Drive Activity on Binance Alpha
Retail activity on Binance Alpha has increased sharply over the last two months. According to CryptoQuant data, daily trades have nearly doubled from 17.4 million on August 31 to 30.6 million recently. On October 2, the platform recorded a peak of 61.3 million trades in a single day.
On Binance Alpha, retail activity is surging.
— CryptoQuant.com (@cryptoquant_com) October 28, 2025
Daily trades almost doubled from 17.4M → 30.6M since Aug 31, peaking at 61.3M on Oct 2.
Average trade size fell from $424 → $247, showing rising retail dominance. pic.twitter.com/w2uoet5cpL
At the same time, the average trade size has decreased. It fell from $424 in August to $247 by mid-October. This trend suggests a growing number of smaller trades, commonly associated with retail participants rather than institutional investors.
The rising volume of trades, alongside falling trade sizes, shows a shift in user behavior. Many new users may be placing smaller transactions instead of fewer large ones. This pattern typically signals more individual traders entering the market.
Trading Volume Rises Despite Lower Trade Sizes
Although the average trade size has decreased, total trading volume on Binance Alpha has continued to grow. Daily trading volume exceeded $10 billion in October, rising from below $2 billion in early June. This growth shows that even with smaller trades, the sheer number of transactions is driving volume upwards.
Between late July and October, daily volume saw a steady increase. Several trading spikes were recorded, especially after mid-September, suggesting rising interest from both retail and possibly automated strategies.
The combination of higher trading volume and smaller average trade sizes indicates broader participation. More users are active on the platform, contributing to increased liquidity and faster market activity.