Solana Ecosystem April Airdrop Project Overview

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 can be traded OTC on Aevo at $1.87
• Using this price as a reference, approximately $150 million in tokens were airdropped to thousands of people *TGE (Token Generation Event): TBD

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

Wormhole

• 17% of the total supply of W will be airdropped *W is available for OTC trading on Aevo at $1.68
• Using this price as a reference, the token value is approximately $2.85 billion
• TGE: April 3

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

Chimney

• 7% of the total supply of KMNO will be airdropped
• At a $1.5 billion valuation (author’s estimate), this equates to an airdrop of about $105 million to thousands of people *TGE: TBD

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

Zeus Network

• 5% of the total supply of ZEUS will be airdropped *The author’s price prediction is $0.2
• Using this price as a reference, the airdrop size is approximately US$10 million *TGE: April 4

Related reading: Learn about Zeus Network in one article: the native communication layer connecting Solana and Bitcoin

io.net

There is currently no information about io.net’s token economics, but the author believes that the token is one of the most profitable projects in terms of R/R (risk-reward ratio). The picture below shows crypto KOL Aylo’s analysis of the airdrop scale and market value of io.net, which is worth your reference.

Related reading: io.net research report: DePIN mode solves the GPU resource dilemma, can it open a new era of AI applications?

Tensor

There is currently no information on TNSR, 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 announcing the currency issuance, it ignited community enthusiasm. Can Tensor become the number one platform on Solana?

Sharky

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

Related reading: Jupiter DAO is about to open the first round of LFG Launchpad voting, take a quick look at 3 candidate projects

Drift Protocol

*Drift Protocol points can be purchased via OTC on the Whales Market platform for $4.95 per point. *TGE: To be determined, expected in April

Related reading: Detailed explanation of Drift Protocol: the largest perpetual exchange on Solana

Zeta Markets

*Z-score points can be traded OTC on Whales Market for $0.005 *All participants in Z-Score Season 1 and 2 are eligible for the Z Token airdrop

• TGE: To be determined, expected in April

Related reading: Community rewards and airdrops are expected to go hand in hand, why Solana-based Perp DEX Zeta Markets is worth paying attention to

Grass

*Grass points can be traded OTC on Whales Market for $0.002 *The third and final season of Grass is expected to be completed in 15 days *TGE: TBD

Most of the TGE airdrops have not yet been announced, but most have announced that their points plans are coming to an end. Most of the liquidity is expected to go to:

1. Meme Coin
2. NFT
3. Utility Tokens

It is also worth noting that April has been an explosive period for NFTs in the past two years. The Solana ecosystem will give 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 ecological explosion, disrupt Ethereum?