Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile and involve significant risk. Always do your own research before making any investment decisions.
The second wave of the Velvet Airdrop is now live on Binance Alpha. Users who have at least 242 Binance Alpha Points can claim 400 tokens. The airdrop works on a first-come, first-served basis, starting at 10:00 UTC.
To claim the Velvet Airdrop, users must spend 15 Alpha Points. They also need to confirm the claim within 24 hours. If they do not confirm in time, they will lose the reward. If the full pool is not claimed, the required score will drop by 5 points every five minutes.

Source: X (formerly Twitter)
This Binance Wallet update has brought fresh attention to the token and raised questions about a possible Velvet Binance listing in the future.
It is a DeFAI Operating System that helps users manage onchain research, trading, and portfolio strategies in one place. The app is already live on BNB Chain, Base, Solana, Ethereum, and Sonic. It has over 100,000 users actively trading and running DeFi strategies.
One of its key features is an AI Co-Pilot. This AI assistant helps discover, analyze, and execute trading opportunities using simple natural language commands. Instead of switching between tools, users can manage everything inside the app.
The infrastructure also allows users and institutions to create tokenized DeFi strategies. These strategies can be managed through a simple dashboard or APIs. So far, more than 10,000 vaults have been created by traders, crypto hedge funds, and key opinion leaders.
The token has a structured allocation plan:

Source: Whitepaper
Team & Advisors: 20%
Foundation Treasury: 18.3%
Ecosystem & Community: 17.5%
Early Backers: 14.9%
Future Listings & Marketing: 7%
Growth Fund: 5%
Airdrop & Staking: 5%
Liquidity Provision: 5%
The current Airdrop comes from the community allocation. The structure shows a focus on ecosystem growth and long-term development.
It's price today is around $0.0752, down more than 10% in the last 24 hours as per the CoinMarketCap. Trading volume jumped over 37% to about $6.8 million. This increase in volume during a price drop shows strong selling pressure.

Source: CoinMarketCap
It is already listed on exchanges like PancakeSwap, Binance Alpha, Bitget, Gate, KuCoin, MEXC, BingX, and Kraken. However, many traders are now asking if a full Binance listing could happen next.
The price chart shows a clear downtrend. It is close to its recent 60-day low near $0.07.
If the price falls below $0.07, more downside is possible. If buyers defend this level, the token may stabilize. For a recovery, it must move back above $0.08 and hold that level.
Right now, the trend remains weak. Any potential price surge would likely need stronger buying volume or major news, such as a confirmed Binance listing.
The Velvet Airdrop has created new excitement around the project. It has strong technology, active users, and growing DeFi infrastructure. However, price today shows that the market is still cautious.
In the short term, watch the $0.07 support level. In the long term, adoption growth and exchange expansion will decide the next major move for the token.
Muskan Sharma is a crypto journalist with 2 years of experience in industry research, finance analysis, and content creation. Skilled in crafting insightful blogs, news articles, and SEO-optimized content. Passionate about delivering accurate, engaging, and timely insights into the evolving crypto landscape. As a crypto journalist at Coin Gabbar, I research and analyze market trends, write news articles, create SEO-optimized content, and deliver accurate, engaging insights on cryptocurrency developments, regulations, and emerging technologies.