Binance Launches Fuel Network for Faster Ethereum Scaling
Binance Alpha debuts Fuel Network launch—ultra‑fast Layer 2, new airdrop, FUEL dips 5 %.
- Binance Alpha users can now claim Fuel Network (FUEL) tokens.
- Fuel Network aims to be the fastest Layer 2 in Ethereum’s modular stack.
- FUEL token drops 5% shortly after listings and airdrop.
Binance Alpha has officially launched the Fuel Network launch, offering users with at least 170 Alpha points the opportunity to claim 5,550 FUEL tokens. The event began on June 29, 2025, and participants must claim within 24 hours—costing 15 Alpha points. This limited-time promotion is designed to encourage early adoption and reward active community members.
What Makes Fuel Network Stand Out?
Fuel Network is a modular Ethereum Layer 2 built for speed and efficiency. Powered by FuelVM and the Sway programming language, it supports parallel transaction execution. This enables up to 600+ transactions per second (TPS) per CPU core with fees as low as $0.0002—offering ultra-fast, cost-effective routing for decentralized applications.
The network has received backing from major players in the crypto space, including Blockchain Capital, CoinFund, The Spartan Group, and Maven 11, reflecting strong investor confidence in its potential.
Market Response: FUEL Token Dips
Following its recent listing on Bybit and Bitget, the FUEL token has dropped approximately 5% in the past hour. Such early price fluctuations are common with new token launches, often driven by rapid trading and initial liquidity shifts. However, trading volumes remain high, suggesting ongoing market interest and speculation.
What to Watch Next
- Ecosystem growth: New dApps such as Mira DEX and Swaylend are expected to expand Fuel’s ecosystem.
- Layer 2 competition: Fuel’s scalability and speed may set it apart from existing Layer 2 solutions.
- Price dynamics: Keep an eye on FUEL’s price stability as trading matures.
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