Key Information on Orochi Network Listing
Binance Alpha has announced the listing of Orochi Network (ON), launching it on October 24, 2025, with an airdrop for users holding at least 220 Alpha Points.
This listing garners attention due to its potential impact on minor altcoins and trading dynamics, alongside Binance's expanding crypto listing initiatives.
Airdrop Details and Futures Trading Launch
Binance Alpha will list Orochi Network (ON) on October 24, 2025. Eligible users holding 220 Alpha Points can partake in the first-stage airdrop. The airdrop includes 200 ON tokens, subject to a claim fee and a first-come, first-served basis.
The airdrop launch marks significant involvement from Binance, led by CEO Richard Teng. The ONUSDT perpetual futures contract will be available 30 minutes after ON becomes tradable, providing options for traders with up to 50x leverage.
Richard Teng, CEO, Binance, stated, "Binance Alpha users can join an exclusive ON airdrop event between October 24–25 using Alpha Points. Orochi (ON) trading launches on Binance Alpha on October 24, 2025, at 08:00 (UTC). ONUSDT Perpetual Contract to go live on Binance Futures 30 minutes later with up to 50x leverage."
Anticipated Market Reactions and Trading Dynamics
Market reactions are anticipated, with ON's listing expected to draw trader attention from speculative altcoin segments. Similar past events have led to short-term price spikes and elevated engagement levels across Binance platforms.
The airdrop's structure, demanding 220 Alpha Points and a 15-point claim fee, highlights financial entry requirements. Despite no immediate effect on major coins, the speculative nature of altcoins suggests potential shifts in trading activities.
Community Engagement and Potential Price Targets
No official statements from Orochi Network's leadership have been noted until October 24, 2025. However, community engagement is suggested by the onboarding of over 315,000 community provers.
Potential outcomes include increased community engagement and speculative trading on Binance Alpha. Historical data suggests possible price ranges of $0.03–$0.05, with targets up to $0.06–$0.10 as trader interest peaks and trading volume potentially increases.