Binance Alpha lists Xterio (XTER), but the token drops sharply in price despite support from the major crypto exchange.
Additionally, the exchange announced that it will list the token, “SOON” (SOON). Trading for this token is scheduled to commence on May 23, 2025.
Despite the Binance Alpha listing, XTER experiences a decline
To provide context, the Web3 gaming platform Xterio is powered by the XTER token. The platform enables developers to generate on-chain games and provide innovative gaming experiences. Binance Labs allocated $15 million to Xterio in July 2023.
The funds were allocated to accelerate game development, integrate AI technologies, and facilitate the introduction of Xterio’s tokens to broaden its gaming ecosystem.
An airdrop on Binance Alpha is also included in XTER’s most recent listing. Starting at 8:00 UTC on May 19, eligible users can claim 294 XTER tokens through the Alpha Event page, as indicated in a post on X (formerly Twitter) on May 19.
“Users need to confirm the claim on the Alpha Events page within 24 hours (before 8:00 UTC on May 20, 2025), otherwise it will be deemed that users have given up claiming the airdrop,” the announcement read.
Users must accrue a minimum of 194 Binance Alpha points to qualify. Furthermore, the user must spend 15 Binance Alpha points to claim the airdrop, which will be deducted from their balance.
However, the price was not positively affected by the listing. Data indicated that XTER experienced a 15.8% decline the previous day. It was trading at $0.28 at the time of this writing.

Binance Alpha to Announce Airdrop and Listing shortly
Meanwhile, in another post on May 19, Binance Alpha also disclosed the addition of SOON tokens.
“Get ready! Binance Alpha will be the first platform to feature SOON (SOON)! Trading will open on May 23,” Binance posted.
SOON will be distributed to eligible users with Alpha points, similar to XTER. Nevertheless, the eligibility criteria have not yet been disclosed by the exchange. The detailed activity rules and airdrop event page will be published on May 23.
The SOON token is the native utility token of the Solana Optimistic Network (SOON) ecosystem, a high-performance Layer 2 (L2) blockchain platform.
Binance Alpha’s approach to integrating airdrops with trading opportunities is consistent with its prior successful rollouts. It is designed to encourage user engagement and promote the development of new projects.
In reality, the system has substantially stimulated activity. Implementing Binance Alpha Points has increased trading volume. The most recent data from Dune indicates that the cumulative volume has exceeded 25 million transactions, with a total value of approximately $12 billion.