List of Solana Ecosystem airdrop projects in April

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Author: S◎LF , Crypto KOL

Compiled by: Felix, PANews

Solana will have unprecedented liquidity in April. It is expected that several rounds of airdrops for its ecosystem projects will total more than $3.3 billion. The following are the projects expected to be airdropped in April as summarized by crypto KOL S◎LF.

Parcl

  • 8% of the total PRCL supply will be airdropped
  • PRCL is available for OTC trading on Aevo at $1.87
  • At this price, about $150 million worth of tokens were airdropped to thousands of people.
  • TGE (Token Generation Event): To be determined

Related reading: Solana RWA ecosystem rising star, TVL increased more than 3 times this year, how to get the RWA platform Parcl airdrop?

Wormhole

  • 17% of the total supply of W will be airdropped
  • W is available for OTC trading on Aevo for $1.68
  • At this price, the token is worth approximately $2.85 billion
  • TGE: April 3

Related reading: 30+ Networks’ Airdrop Feast: A Quick Look at Wormhole Token Economics and Airdrop Details

Kamino

  • 7% of the total KMNO supply will be airdropped
  • At a $1.5 billion valuation (estimated by the author), this equates to an airdrop of about $105 million to thousands of people
  • TGE: To be determined

Related reading: A comprehensive review of 36 potential airdrop projects and interaction strategies in the Solana ecosystem

Zeus Network

  • 5% of the total ZEUS supply will be airdropped
  • The author's price prediction is $0.2
  • Based on this price, the airdrop size is approximately 10 million US dollars.
  • TGE: April 4

Related reading: Zeus Network: The native communication layer connecting Solana and Bitcoin

io.net

There is no information about the token economics of io.net yet, but the author believes that the token is one of the most profitable projects in terms of R/R (risk-return ratio). The following figure is an analysis of the airdrop scale and market value of io.net by crypto KOL Aylo, which is worth referring to and learning from.

Solana Ecosystem April Airdrop Project Overview

Related reading: io.net Research Report: Can the DePIN model solve the GPU resource dilemma and usher in a new era of AI applications?

Tensor

There is no information about TNSR yet, the only information disclosed is:

Backpack users will receive TNSR tokens based on Backpack transaction volume, with the snapshot date being April 6.

Related reading: After the announcement of the coin issuance, the community has been enthusiastic. Can Tensor become the first platform on Solana?

Sharky

  • 5% of the total supply will be airdropped
  • SHARK will be traded OTC on the Whales Market platform
  • The pre-sale price of SHARK is $0.23
  • At this price, about $5 million worth of tokens were airdropped to thousands of people.
  • TGE: To be determined

Related reading: Jupiter DAO is about to start the first round of LFG Launchpad voting, a quick look at the three candidate projects

Drift Protocol

  • Drift Protocol credits can be purchased OTC on the Whales Market platform at $4.95 per credit.
  • TGE: To be determined, expected in April

Related reading: Drift Protocol: The largest perpetual exchange on Solana

Zeta Markets

  • Z-score points can be traded OTC on the Whales Market at $0.005
  • All participants of Z-Score Season 1 and Season 2 are eligible for the Z-Token airdrop
  • TGE: To be determined, expected in April

Related reading: Community rewards and airdrop expectations go hand in hand, why is Solana-based Perp DEX Zeta Markets worth paying attention to?

Grass

  • Grass Points can be traded OTC on the Whales Market at a price of $0.002
  • The third and final season of Grass is expected to be completed in 15 days
  • TGE: To be determined

The TGE for most airdrops has not yet been announced, however most have announced that their points program will end soon. Most of the liquidity is expected to flow to:

  1. Memecoin
  2. NFT
  3. Utility Tokens

It is also worth noting that April has been a period of NFT explosion in the past two years. The Solana ecosystem gave birth to well-known NFT projects Okay Bears and Mad Lads in 2022 and 2023 respectively. With a large amount of liquidity entering the Solana ecosystem, April is likely to set off a new NFT craze.

Related reading: Can Solana, with its explosive ecosystem, shake up Ethereum?

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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