Binance Alpha is ready to feature OverLay-Protocol as a first launching platform, with trading officially started on August 14, 2025, at 07:30 UTC. This marks a significant milestone for the platform, and to celebrate, OverLay protocol Airdrop is also launched while eligible users claim once trading goes live through Event page.
Source: X
Users need to have at least 200 Binance Alpha Points, in-platform points, to be eligible. With this they can claim 111 OVL tokens, while the distribution basis is on first come, first served. If OverLay protocol airdrop rewarding pool is not emptied, the eligibility will drop by 15 points every hour until complete distribution.
In an important notice, users must claim their tokens within 24 hours through Alpha Event page otherwise they will lose OverLay protocol Airdrop allocation.
Ticker: OVL
Initial Supply: 88,888,888
At Listing Time: With the excitement around Binance Alpha’s new launch, the token listed at $0.541 and hit a high of $0.7841, before crashing to $0.4922.
Source: CoinMarketCap
Short-Term: In the starting months, instability is expected as early investors take gains and new participants enter. OVL could see the range between $0.80 to $1.00 depends on strong trading and continuous token adoption. Prices are also a subject to face a short term fall because of market pullbacks.
Long-Term: Over the long run, OVL’s adaptable supply model, user activity based minting and burning, could support steady price growth if demand surged supply. With growing ecosystem adoption, strategic partnerships, and a capped total supply of 88,888,888 OVL, the token could trade above $5.00 in a multi year perspective.
In simple terms, OverLay protocol airdrop and launch on Binance Alpha is starting with both strong attention and a smart planning to bring in early supporters. While short-term price ups and downs are expected, the project’s flexible supply designing and growing use cases give it space to grow in value over time. But at the same time competing with other launches is not going to be easy.
Bhumika Baghel is a rising crypto content writer with a deepening interest in blockchain technology and digital finance. With a keen understanding of market trends and cryptocurrency ecosystems, she breaks down intricate subjects like Bitcoin, altcoins, DeFi, and NFTs into accessible and engaging content. Bhumika blends well-researched insights with a clear, concise writing style that resonates with both newcomers and experienced crypto enthusiasts. Committed to tracking price fluctuations, new project developments, and regulatory shifts, she ensures her readers stay informed in the fast-moving world of crypto. Bhumika is a strong advocate of blockchain’s potential to drive innovation and promote financial inclusion on a global scale.