Solana

Traders are closely monitoring the SOL/ETH ratio as it reverses from record highs of 0.08 to roughly 0.06, reflecting a sharp change in market sentiment amid a series of high-profile memecoin scandals. The decline in SOL’s price—down about 17% to near $164—is compounded by a significant drop in on-chain activity and the looming release of over 15 million SOL tokens valued at more than $2.5 billion.   Quick Take The SOL/ETH ratio has shifted from a record 0.08 to around 0.06, signaling a change in market sentiment. Scandals like the LIBRA debacle, which erased $4.4 billion in market cap, have undermined confidence in Solana’s ecosystem. SOL’s price has dropped approximately 17% to trade near $164, reflecting both external controversies and internal technical pressures. A 19% decline in decentralized finance (DeFi) TVL and a significant contraction in DEX trading volumes point to waning network engagement. The upcoming unlock of over 15 million SOL tokens—worth more than $2.5 billion—adds further bearish pressure, contributing to investor caution. Recent market activity has drawn sharp attention to Solana (SOL) as traders note a marked reversal in the SOL/ETH ratio, now trending from a record high of 0.08 down to approximately 0.06. Once hailed as the “best retail onboarding chain,” Solana’s narrative is now clouded by controversy and skepticism. The catalyst appears to be a series of memecoin scandals—most notably the LIBRA incident—that have shaken investor confidence and precipitated a broader sell-off.   Market Sentiment Shifts: SOL/ETH Ratio and Price Decline SOL/ETH price chart | Source: TradingView   Data from TradingView reveals that after peaking at over 0.08 SOL per 1 ETH in January, the ratio began reversing course by mid-February. By February 18, it had dipped to nearly 0.06, a sign that market sentiment is shifting away from Solana. This change is underscored by SOL’s price drop from around $168 to approximately $164—a 17% decline within a matter of days. According to market observers, such movements serve as a barometer for broader shifts in investor confidence. As noted by Andy of Rollup Ventures on X, the sentiment around Solana has deteriorated due to what he described as “scammy behavior and insider trading.”   Memecoin Scandals Rock Solana Ecosystem: LIBRA and More The LIBRA memecoin scandal has been particularly damaging. Launched with high expectations and even receiving an endorsement from Argentine President Javier Milei, LIBRA quickly imploded—losing over $4.4 billion in market capitalization within hours as early investors offloaded their positions. Similar controversies have hit other Solana-based memecoins, such as Harry Bolz and Vigilante, whose meteoric price surges were quickly followed by dramatic crashes. Such events have not only dented the token’s image but also spurred wider concerns about the integrity of projects built on the Solana network.   Solana DeFi TVL Drops 19% in Two Weeks Solana TVL sees decline in February | Source: DefiLlama   The recent turbulence has been mirrored by a sharp decline in on-chain activity. Once driving record-high decentralized exchange (DEX) volumes—peaking at $35.5 billion on January 17—Solana’s network witnessed a dramatic contraction, with daily DEX volumes plummeting by over 90% in some periods. Similarly, the total value locked (TVL) in Solana’s DeFi applications has fallen by 19% over two weeks, driven by net outflows from key platforms like Jito, Kamino, and Marinade Finance. This drop in activity further underscores the bearish trend as investors shy away from an ecosystem increasingly marred by controversies and technical challenges.   15M SOL Token Unlock in Q1 Weighs on Investor Sentiment  Adding to the bearish sentiment is the impending unlock of over 15 million SOL tokens—worth more than $2.5 billion—that is expected in the first quarter of 2025. This massive influx into the circulating supply is likely to create additional selling pressure, further depressing prices. Technical indicators compound these worries: with the Relative Strength Index (RSI) flirting with oversold levels and support hovering around $170 to $160, any further downward movement could trigger a broader slide. Open interest on derivatives platforms has also seen a modest decline, suggesting a lower level of trader participation amid the current uncertainty.   Solana vs. Ethereum Ecosystem Developments Ethereum’s TVL remains strong | Source: DefiLlama   While Solana grapples with these challenges, Ethereum appears to be on a more stable footing. Following its Dencun upgrade—which cut transaction fees by roughly 95%—Ethereum has staged a near 30% rebound in February, supported by robust development in areas like real-world assets and agentic AI. Layer-2 data has also shown impressive growth, with fee revenues and activity on the mainnet increasing significantly. This contrast has led some analysts to argue that, despite short-term turbulence, Ethereum may be better positioned for mainstream adoption, thus further tilting market sentiment away from Solana.   Looking Ahead: Opportunities and Caution for Investors Despite the current bearish signals, not all market voices are pessimistic about Solana’s long-term prospects. Asset managers such as VanEck have projected that SOL could reach as high as $520 by the end of 2025, driven by its potential to capture a greater share of the smart contract market and improve DEX volume performance. Moreover, in a bid to restore confidence and widen investment options, Coinbase has recently introduced CFTC-regulated futures contracts for Solana. This move not only broadens the range of trading instruments available for SOL but also signals a growing acceptance of regulated crypto products in the U.S. market.   Ultimately, the short-term outlook for Solana is being heavily influenced by both internal challenges—like declining on-chain activity and significant token unlocks—and external factors, including high-profile memecoin scandals. As traders weigh these factors, the coming weeks will be critical in determining whether SOL can rebound or if the bearish trends will continue to dominate market sentiment.

Argentine President Javier Milei’s recent endorsement of the LIBRA token has sparked one of the most dramatic scandals in the cryptocurrency market—and it’s reverberating far beyond Argentina’s borders. What began as a high-profile tweet promising economic revitalization quickly transformed into a cautionary tale of memecoin mania, insider trading allegations, and potential political downfall.   Quick Take LIBRA’s market cap surged to $4.56B following Milei’s tweet before crashing 94% to just $257M in under 11 hours. Insider wallets cashed out approximately $107M in liquidity within hours of the token launch. Flawed tokenomics—with 82% of the total supply unlocked at launch—enabled a coordinated rug pull. Over 40,000 investors suffered significant losses, intensifying political and legal backlash. The scandal has sparked impeachment calls and underscores the urgent need for tighter crypto regulation. A Tweet That Shook Markets: From $4.56B High to a 94% Crash in Under 11 Hours Source: Cointelegraph   On February 14, President Milei used his verified X account to promote LIBRA—a token touted as a means to “incentivize the growth of the Argentine economy” by funding small businesses. Within hours, the token’s market cap soared, briefly reaching a staggering $4.56 billion. However, what looked like an economic miracle turned into a catastrophic collapse as insider wallets began to siphon off liquidity. In just a few hours, LIBRA’s value plummeted by over 94%, wiping out billions in investor capital and triggering accusations of a well-orchestrated rug pull.   Read more: What Is a Crypto Rug Pull, and How to Avoid the Scam?   Source: Bubblemaps on X   Inside the LIBRA Rug Pull: $107M Cashed Out by 8 Insider Wallets Blockchain analytics soon painted a grim picture. Firms like Bubblemaps revealed that 82% of LIBRA’s supply was unlocked and sellable from the start—an inherent red flag in tokenomics that left the door wide open for manipulation. On-chain data confirmed that at least eight wallets associated with the LIBRA team rapidly cashed out, extracting over $107 million in liquidity within hours of launch. Such coordinated trading activities fueled a $4 billion market cap wipeout and left retail investors reeling.   Source: Jupiter on X   Adding fuel to the fire, insiders within the decentralized exchange Jupiter disclosed that the token’s launch was an “open secret” in memecoin circles, with some team members learning about LIBRA’s imminent debut two weeks in advance through Kelsier Ventures. Yet, Jupiter has firmly denied any involvement in the suspicious trading activities, asserting that no employees received LIBRA tokens or any related compensation. Their internal investigation reportedly found no evidence of insider trading.   Flawed Tokenomics Exposed: 82% of LIBRA’s Supply Unlocked from Day One Critical to the scandal was LIBRA’s precarious tokenomics structure. Experts noted that an alarming 82% of the total supply was unlocked and available for sale immediately upon launch. Such a design left the token highly susceptible to market manipulation, providing the perfect setup for insiders to profit at the expense of unsuspecting investors.   40,000+ Investors Hit and Milei’s Impeachment Calls Emerge The LIBRA debacle has ignited a fierce political and legal firestorm in Argentina. With over 40,000 investors reportedly suffering significant financial losses, opposition lawmakers and a group of Argentine lawyers have leveled serious accusations against President Milei. They claim that his endorsement—and subsequent deletion—of the LIBRA post constituted a deliberate act of fraud, effectively orchestrating a "rug pull" that manipulated market sentiment for insider gains.    Prominent political figures, including former President Cristina Fernández de Kirchner, have joined the chorus of critics, with some calling for impeachment proceedings. In response, Milei has maintained that he was unaware of the project’s underlying risks and that his tweet was just one in a series of endorsements for private ventures. His administration has now called for an investigation by the Anti-Corruption Office to probe potential breaches of public ethics and misuse of presidential authority.   Echoes of Memecoin Mania and the Road Ahead The LIBRA incident is not an isolated case. It echoes previous memecoin scandals, such as those involving tokens promoted by former U.S. President Donald Trump ($TRUMP) and First Lady Melania Trump ($MELANIA). These episodes underscore the volatile nature of meme-driven assets, where hype and celebrity endorsements can inflate valuations only to collapse under the weight of flawed tokenomics and insider manipulation.   As the legal and political investigations into LIBRA continue, industry experts and market watchers are calling for a comprehensive regulatory overhaul. Tighter oversight and clearer guidelines are urgently needed to protect retail investors from similar schemes in the future. The fallout from LIBRA may well serve as a catalyst for change in both the crypto market and political accountability, reshaping the landscape of digital asset endorsements worldwide.   Read more: Top 10 Crypto Scams to Avoid in the Bull Run 2025

Solayer Labs has launched the Genesis Drop for its $LAYER token, enabling over 250,000 eligible users to claim their tokens starting February 11, 2025. This initiative rewards early supporters and integrates them into Solayer's hardware-accelerated blockchain ecosystem.   Quick Take Eligible users can claim their $LAYER tokens from February 11, 2025, for a 30-day period. Eligibility criteria includes holders of sSOL and sUSD, delegates to AVS partners, and participants in partnered DeFi protocols. 12% of the total 1 billion $LAYER tokens are designated for the Genesis Drop. Genesis Drop tokens are fully unlocked at launch, with additional tokens claimable over the next six months. What Is Solayer (LAYER) and How Does It Work? Solayer is a blockchain platform focused on infinitely scaling the Solana Virtual Machine (SVM) through hardware acceleration. Its InfiniSVM architecture enables high-throughput and near-zero latency, processing over 1 million transactions per second (TPS).    This design supports next-generation decentralized applications (dApps) while maintaining robust security. Solayer also offers a restaking feature, allowing users to leverage their staked assets as collateral, optimizing asset utilization and enhancing network security.   Read more: Solayer (LAYER) Project Report What Is the Solayer Genesis Drop and How to Claim $LAYER Tokens?   The Solayer Genesis Drop is an airdrop event designed to distribute $LAYER tokens to early community members who have supported the platform since its inception in 2024. The Solayer airdrop aims to reward these contributors and integrate them into Solayer's ecosystem.   Who Is Eligible to Receive $LAYER Airdrop? To qualify for the Genesis Drop, participants must meet one or more of the following conditions:   sSOL and sUSD Holders: Individuals holding Solayer's synthetic assets, sSOL and sUSD. Delegation to AVS Partners: Users who have delegated sSOL tokens to Authorized Validator Set (AVS) partners, thereby supporting network security and operations. Participation in Partnered DeFi Protocols: Users who have deposited sSOL or sUSD into decentralized finance (DeFi) protocols that have partnered with Solayer. Depositors of Whitelisted Liquid Staking Tokens (LSTs): Individuals who have deposited approved LSTs on the Solayer platform. Engagement Through Partner and Wallet Campaigns: Users who have interacted with Solayer via specific partner collaborations or wallet-based promotional activities. How to Claim $LAYER Tokens After the Solayer Genesis Drop Check Eligibility: Navigate to Solayer's official claim portal. Connect your cryptocurrency wallet to the portal. The system will automatically verify your eligibility based on the criteria mentioned above. Allocation Checker: An allocation checker tool is available on the claim portal. This feature allows users to view the specific number of $LAYER tokens allocated to them based on their participation and contributions. Claim Tokens Starting from February 11, 2025, eligible users can claim their $LAYER tokens directly through the claim portal. After logging in and confirming eligibility, follow the on-screen instructions to initiate the claim process. Ensure that your wallet is prepared to receive the tokens; this may involve adding the $LAYER token contract to your wallet interface. Key Details About the Solayer Airdrop  Claiming Period: The window to claim $LAYER tokens is open for 30 days, concluding on March 12, 2025. Reward Structure: The number of tokens allocated to each participant is influenced by the amount and duration of their staking activities. Longer and more substantial participation may result in higher rewards. Vesting Schedule: Tokens claimed during the Genesis Drop are fully unlocked at the time of claiming. Additionally, participants may be eligible to claim more $LAYER tokens over the subsequent six months, distributed in epochs. Solayer (LAYER) Tokenomics Solayer token distribution | Source: Solayer blog   The total supply of $LAYER is capped at 1 billion tokens, distributed as follows:   Community & Ecosystem (51.23%): 34.23% for ongoing research and development, developer programs, and ecosystem growth. 14% for community events and incentives, including the 12% allocated for the Genesis Drop. 3% distributed via the Emerald Card community sale. Core Contributors and Advisors: 17.11% Investors: 16.66% Solayer Foundation: 15% allocated to support product expansion and network development. LAYER Token Vesting Schedule $LAYER vesting schedule | Source: Solayer blog   To maintain market stability and align with long-term objectives, Solayer has implemented a structured vesting schedule:   Genesis Drop and Emerald Card Community Sale: Tokens are fully unlocked at launch, providing immediate liquidity to participants. Community Incentives: These tokens will vest linearly over a six-month period, promoting sustained engagement and participation. Community & Ecosystem and Foundation Allocations: Vesting occurs every three months over four years, ensuring a gradual and responsible release of tokens into the ecosystem. Team & Advisors: Subject to a one-year cliff, followed by linear vesting over three years, aligning the interests of the team with the platform's long-term success. Investors: Also subject to a one-year cliff, with linear vesting over two years, balancing investor interests with the platform's developmental milestones. Conclusion The Solayer Genesis Drop represents a significant opportunity for early supporters to become integral participants in the platform's growth. By claiming $LAYER tokens, users can engage in governance and benefit from the advancements of Solayer's hardware-accelerated blockchain ecosystem. Ensure you check your eligibility and claim your tokens within the designated 30-day period to take full advantage of this initiative.   Read more: Restaking on Solana (2025): The Comprehensive Guide

The crypto ETF landscape is heating up as institutional players and asset managers accelerate filings and launch products designed to bring digital assets into mainstream investing. Amid a regulatory environment that’s gradually shifting toward a more crypto-friendly approach, innovative ETF products are emerging that target not only Bitcoin and Ether but also other leading digital tokens. This article takes an in-depth look at the latest developments across Solana, XRP, Litecoin, Franklin Templeton’s Crypto Index ETF, and Grayscale’s Bitcoin Mini Trust ETF.   Quick Take A surge in ETF filings is broadening exposure beyond Bitcoin and Ether, with innovative products now targeting Solana, XRP, Litecoin, and multi-asset strategies. The SEC's evolving, more crypto-friendly stance under new leadership is creating a more favorable environment for token-specific ETFs, though challenges remain. Asset managers like Grayscale and Franklin Templeton are leveraging strong market demand by launching products such as the Bitcoin Mini Trust ETF and Crypto Index ETF, designed for institutional and retail investors alike. Grayscale’s Bitcoin Mini Trust ETF stands out with its low fee structure, attracting rapid asset growth, while Franklin Templeton’s Crypto Index ETF offers quarterly rebalancing to adapt to market changes. As these ETF products move closer to regulatory approval and market launch, they are set to enhance liquidity, transparency, and diversification in the mainstream digital asset investment landscape. A New Era in Crypto ETF Innovation In recent months, asset managers like Franklin Templeton, Bitwise, and Grayscale have intensified their efforts to secure SEC approval for a wide range of crypto-based ETFs and exchange-traded products (ETPs). The surge of filings reflects growing investor appetite for diversified digital asset exposure and follows a broader trend toward institutional adoption in the crypto market. As the SEC adapts to a new era under its crypto-friendly leadership, issuers are now testing the waters with products that extend beyond traditional Bitcoin ETFs and Ether ETFs.   Grayscale’s Revised 19b-4 Filing for Solana ETFs Sparks Broader Industry Momentum Polymarket poll on Solana ETF approval in 2025 | Source: Polymarket   Solana, once sidelined by regulatory hurdles, is now at the forefront of ETF innovation. In a notable move, Grayscale recently amended its 19b-4 filing for a spot Solana ETF—a first for SOL-focused products. This amendment marks a pivotal shift, given that previous Solana ETF attempts had been stalled under former SEC Chair Gary Gensler. With the current acting SEC Chair, Mark Uyeda, demonstrating a more accommodating stance, market analysts are cautiously optimistic about future approvals.   Bloomberg ETF analysts have described the SEC’s recent acknowledgment of Grayscale’s filing as a “baby step” into new territory. However, some experts, like James Seyffart, remain skeptical, suggesting that a fully approved spot Solana ETF might still be several years away—potentially not until 2026. Despite these challenges, JPMorgan estimates that an approved Solana ETF could attract between $3 billion and $6 billion in net assets within its first year, highlighting significant market potential. 85% of participants in a Polymarket poll expect a Solana ETF approval in 2025.    Alongside Grayscale’s efforts, other asset managers such as Canary Capital, 21Shares, Bitwise, and VanEck have refiled for Solana ETF products. This collective push indicates strong industry confidence that regulatory conditions may soon favor the introduction of diversified, token-specific funds, paving the way for a broader range of crypto investment options.   Cboe & NYSE Arca XRP ETFs Filings Pave the Way for Regulated Token Exposure Polymarket poll on XRP ETF approval by 2025 | Source: Polymarket   The spotlight on XRP has intensified following recent 19b-4 filings by the Cboe BZX Exchange on behalf of asset managers including Canary Capital, WisdomTree, 21Shares, and Bitwise. These applications are aimed at launching the first spot XRP ETFs in the United States, potentially providing regulated access to the fourth-largest cryptocurrency by market cap. A Polymarket poll anticipates an 80% likelihood of an XRP ETF getting approved in 2025.    Trading at approximately $2.35, XRP stands to benefit significantly from these ETF proposals. Institutional interest in XRP is buoyed by predictions from financial institutions such as JPMorgan, which foresees that an approved spot XRP ETF could draw between $4 billion and $8 billion in net new assets within the first year. The move to list XRP-based products signals growing confidence in the token’s long-term viability as part of a diversified digital asset portfolio.   Source: Cointelegraph   In addition to the filings by the Cboe BZX Exchange, initiatives like NYSE Arca’s steps to convert Grayscale’s XRP trust into a spot ETF and CoinShares’ separate filing for a CoinShares XRP ETF underscore a broader trend. Asset managers are aggressively pursuing token-specific ETFs as part of a diversified crypto offering, enhancing the spectrum of available digital asset investment options.   Grayscale Launches a NYSE Arca Litecoin ETP to Expand Its Crypto Suite Polymarket poll on Litecoin ETF approval in 2025 | Source: Polymarket   Grayscale is expanding its product suite beyond Bitcoin and Ether. In a strategic move, the asset management firm has filed to list its Litecoin Trust as an exchange-traded product (ETP) on NYSE Arca. With over $215 million in assets under management, the Litecoin Trust is currently the largest investment vehicle for Litecoin, signaling strong institutional interest in this established digital asset.   The push into Litecoin comes on the heels of Grayscale’s highly successful Bitcoin Mini Trust ETF. By diversifying its offerings to include Litecoin, Grayscale is positioning itself to capture a larger share of the growing market for low-fee, performance-oriented crypto investment products. This expansion not only enhances Grayscale’s product suite but also reflects a broader trend among asset managers to develop targeted ETF solutions for a wider array of cryptocurrencies.   Listing a Litecoin ETP reinforces the notion that mature digital assets like Litecoin remain relevant in the evolving crypto ecosystem. With institutional investors increasingly seeking regulated and diversified exposure, products like Grayscale’s Litecoin Trust may serve as a model for future Litecoin ETF and ETP innovations across the crypto spectrum.   Franklin Templeton’s Crypto Index ETF: A Multi-Asset Approach Franklin Templeton has joined the fray with its proposed Crypto Index ETF, which is designed to offer investors exposure to the spot prices of Bitcoin and Ether. According to its recent SEC filing, the fund is structured to trade on the Cboe BZX Exchange and is weighted by the market capitalizations of its underlying assets—currently 86.31% Bitcoin and 13.69% Ether.   The ETF will be rebalanced and reconstituted on a quarterly basis (in March, June, September, and December), ensuring that its composition remains aligned with market movements. While the initial focus is on Bitcoin and Ether, Franklin Templeton has signaled that additional digital assets may be considered for inclusion in the future, pending regulatory approval. This flexibility allows the fund to potentially evolve as the crypto market matures.   Franklin Templeton’s filing also highlights several risks, including the competitive threat posed by the emergence or growth of other crypto tokens such as Solana, Avalanche, and Cardano. These factors could impact demand for the Crypto Index ETF, but they also underscore the broader challenge—and opportunity—of maintaining a competitive edge in a rapidly expanding market.   Grayscale’s Bitcoin Mini Trust ETF: A Low-Fee Powerhouse Source: X   Grayscale’s Bitcoin Mini Trust ETF has quickly become one of the standout performers in the crypto ETF space. Launched as a spinoff from Grayscale’s legacy Bitcoin and Ethereum funds, the Mini Trust ETF offers a significantly lower management fee—just 0.15%—compared to its predecessors, which charged fees as high as 1.5% or more. This cost efficiency is a major draw for investors seeking direct Bitcoin exposure without the high fee burden.   The success of the Bitcoin Mini Trust ETF is evident in its rapid growth, having attracted more than $4 billion in net assets within approximately six months of launch. This impressive uptake reflects a strong market appetite for low-cost, performance-oriented crypto investment products that can offer both liquidity and transparency.   By separating the Mini Trust ETFs from its older, higher-cost products, Grayscale has effectively positioned itself to capture a broader segment of the market. The streamlined fee structure and operational efficiency of the Mini Trust ETFs have set a new standard in the industry, prompting fee wars and a reevaluation of cost structures across competing crypto investment products.   Looking Ahead: A Golden Age for Crypto ETFs? The current wave of ETF filings and approvals signals a maturing market where traditional finance and digital assets increasingly intersect. With regulatory bodies like the SEC beginning to embrace a more crypto-friendly stance under new leadership, asset managers are poised to introduce innovative products that offer broader and more diversified exposure to the crypto market.   For retail and institutional investors alike, the emergence of dedicated Solana, XRP, Litecoin, Franklin Templeton’s multi-asset approach, and Grayscale’s low-fee offerings promises enhanced liquidity, transparency, and risk management in an asset class that is rapidly moving from niche to mainstream. As these products move closer to regulatory approval and eventual market launch, the coming months are likely to herald significant changes in how digital assets are integrated into traditional investment portfolios.   Stay tuned to KuCoin News for the latest updates on crypto ETF developments and more insights into the dynamic world of digital asset investing.

The official X account of Jupiter, a leading Solana-based decentralized exchange aggregator, was hacked on February 6, 2025. The attackers used the platform’s account to promote fraudulent memecoins, causing panic among investors and significant financial losses.   Quick Take Solana-based Jupiter DEX suffered a major security breach on February 6, 2025, with its X (formerly Twitter) account hacked. The hackers promoted fake memecoins $MEOW and $DCOIN, leading to significant losses for traders. $MEOW surged past $20 million in market value before the liquidity was drained, leaving investors unable to sell. JUP token price dropped 12%, with trading volumes on JUP/BTC and JUP/ETH spiking by 300%. Jupiter team regained control of the account and confirmed that no funds or customer data were compromised. Jupiter Mobile quickly issued a warning, advising users to avoid clicking any links or engaging with the scam posts. However, before the posts were removed, many traders had already invested in the fake tokens, leading to millions in losses.   Hacked Jupiter X Account’s Fake Memecoins Cause Market Turmoil Source: X   The hacked Jupiter X account promoted a scam token called $MEOW, a name that seemingly played on Jupiter co-founder Meow’s nickname. The token’s market value skyrocketed to over $20 million within minutes, only for the liquidity pool to be drained, leaving investors unable to cash out.   Shortly after, the hackers introduced another fake token, $DCOIN, further exploiting unsuspecting traders. Crypto investor Beanie speculated that traders lost millions instantly, as the scam unfolded within minutes.   Security Concerns Rise in the Crypto Community This is not the first time Jupiter has faced security issues. Last year, its JUP airdrop suffered a security breach, where an attacker exploited over 9,000 wallets to illegally accumulate 1.85 million JUP tokens, worth approximately $1 million.   The recent hack raises serious concerns over security measures for major crypto platforms. Critics, including prominent investors, have questioned how a DEX handling billions in liquidity failed to secure its social media accounts.   Read more: Top 10 Crypto Scams to Avoid in the Bull Run 2025   Jupiter Token (JUP) Suffers 12% Decline JUP/USDT price chart | Source: KuCoin   The breach led to an immediate 12% decline in Jupiter’s native token (JUP), dropping from $0.85 to $0.75 within minutes. The hack also triggered:   A 300% spike in JUP trading volume across BTC and ETH pairs. A 40% increase in active transactions. A 25% rise in transactions over $100,000, as large investors seized the opportunity to buy the dip. By the time of writing, JUP recovered to over $0.88, with its relative strength index (RSI) hitting 30, indicating oversold conditions and a potential rebound.   Jupiter Team Confirms X Account Recovery Source: X   Jupiter co-founder Meow confirmed that the attack originated from a U.S.-based IP address. At the time of the attack, a key team member, Mei, was traveling from Mountain DAO to Singapore, limiting the response time.   Jupiter later reassured users that the hacked X account was restored and that all funds and customer data remained secure. The exchange emphasized that its smart contracts were protected by 4/7 multisig security, preventing further damage beyond the social media breach.   Final Thoughts: Lessons for Traders This attack serves as a stark reminder for traders to exercise caution when interacting with social media promotions. Crypto users are urged to:   Verify all official announcements through multiple sources before taking action. Avoid engaging with unknown links and token promotions on social media. Enable additional security measures for their own accounts, including two-factor authentication (2FA). As security threats in the crypto market continue to evolve, traders and platforms alike must remain vigilant against malicious actors seeking to exploit market enthusiasm for fraudulent schemes.   Read more: What Is a Crypto Rug Pull, and How to Avoid the Scam?

Source: X   Introduction Pump.fun stands at the forefront of crypto innovation. The platform offers token launch services and memecoin creation and has generated over $1.9M in revenue while launching nearly 3M tokens since early 2024. Recent events drew 11,000 listeners and social channels now include 348.5K followers on X (@pumpdotfun) and 63K users on Telegram (Pump Portal). Investors discuss market caps reaching as high as $4.2B. This article explains the technical details and numbers behind the airdrop while guiding users on how to participate in the upcoming Pump.fun airdrop in 2025.    Read more: What Is Pump.fun, and How to Create Your Memecoins on the Launchpad?   What is Pump.fun? Source: Dune Analytics   Pump.fun is a Solana-based marketplace that allows users to create and distribute their own tokens, primarily memecoins. The platform simplifies token creation so users can create memecoins for as low as $2. Since its inception in early 2024, Pump.fun has facilitated nearly 3M token launches and generated over $170M in revenue. Monthly trading volumes now exceed $25M, and investors have seen individual token supplies reach over 1M tokens per launch. This ease and affordability drive participation and bolster market confidence in the technical and financial growth of the platform   Pump.fun has gained popularity amid the rising interest in the overall memecoin sector, especially in the form of PolitiFi tokens and celebrity-backed tokens. The ability to launch tokens quickly and at low cost has democratized token creation, allowing more individuals to participate in the crypto space. This has led to increased trading volume and revenue for the platform, with Pump.fun generating an average of over $5 million in fees daily.    Source: Dune Analytics   According to Dune Analytics, Pump.fun has launched 7.16M tokens and reached 12.42M total addresses since its inception. In the past 14 days Pump.fun recorded a trading volume of $4.22B and generated over $500M in revenue. These impressive figures highlight the platform's robust performance and rapid growth.   Source: Dune Analytics   Launched in January 2024, Pump.fun quickly gained traction in the crypto community. Initially supporting the Solana network, it expanded to include Ethereum’s Layer 2 network Base by April, broadening its user base and functionality. The platform was bootstrapped by early-stage venture firm Alliance DAO and has since generated significant revenue, becoming one of the most profitable apps in the crypto space. Pump.fun's success is attributed to its user-friendly interface, low fees, and mechanisms designed to prevent scams like rug pulls, making it a trusted platform for memecoin enthusiasts.   Read more: What Are AI Memecoins and How to Trade AI-Driven Tokens?   Airdrop Announcement and Details Source: X   Pump.fun readies an airdrop that sparks excitement across the crypto community. The co-founder stated "a lot more lucrative than anyone else in the space" to highlight the potential. Users may receive tokens with individual values ranging from $500 to $2,000. The announcement has reached an engagement level of over 348.5K on X and 63K on Telegram and could distribute tokens to more than 10,000 participants. This campaign may add an estimated total token value exceeding $10M. The platform now boasts 5,000 active users and expects token market values over $1M, driving further enthusiasm.   Read more: Top Decentralized Exchanges (DEXs) in the Solana Ecosystem   Key Airdrop Details Pump.fun offers a reward plan designed to benefit its community. The co-founder hinted "a lot more lucrative than anyone else in the space" which sets high expectations. The Pump.fun team teased launching their own token during a Twitter Space on October 19, 2024. The airdrop of this new token rewards 5,000 current users and may distribute tokens to more than 10,000 accounts. Individual token values are expected to range from $100 to $1,000, while the overall distribution value might exceed $20M. These strong numbers underscore the technical achievements behind the rewards and drive investor interest.   How to Participate in the Pump.fun Airdrop Source: Pump.fun To join the airdrop, register on the Pump.fun platform and follow its social channels. With 348.5K followers on X (@pumpdotfun) and 63K users on Telegram (Pump Portal), staying updated is easy. A Solana-compatible crypto wallet is required to receive tokens; many users currently hold wallets with balances averaging $5,000. Following these straightforward steps ensures that participants can claim tokens valued between $100 and $1,000. This smooth process encourages community engagement and rewards consistent activity.   Improving Airdrop Eligibility Active use of the Pump.fun platform increases your airdrop eligibility. Although a points programme is not available yet, creating memecoins and trading them improves your standing. Some users have already created over 500K tokens and completed more than 5,000 trades. The platform offers a 30-day fee-free period that many have used to boost their activity. High-volume users could see total token values exceeding $500K. These statistics drive community growth and add technical depth to the rewards system.   Why an Airdrop Is Likely The Pump.fun team teased the launch of their own token during a Twitter Spaces session on October 19, 2024. A team member stated "We're going to make sure we're going to reward our earliest users". The session, attended by 11,000 participants, hinted that tokens may be distributed to more than 10,000 users. Early adopters might see token values rise by up to 200% within six months. With individual token valuations estimated between $100 and $1,000, the airdrop strategy is designed to maximize rewards and drive further platform engagement.   Frequently Asked Questions Top Pump.fun Ecosystem Coins by Market Cap. Source: CoinGecko   How can I participate in the Pump.fun airdrop?Register as a current Pump.fun user and follow updates on X (@pumpdotfun with 348.5K followers) and Telegram (Pump Portal with 63K users). What makes this airdrop different from others?The co-founder hinted "a lot more lucrative than anyone else in the space" with tokens that could appreciate by 100% to 200% over time. Do I need a wallet to receive the Pump.fun airdrop tokens?Yes. A crypto wallet is essential for storing tokens securely. Many users maintain wallets with balances averaging $5,000. Conclusion Pump.fun stands as a major force in the crypto world on the Solana network. With revenue exceeding $1.9M and nearly 3M tokens launched, the platform continues to impress. An active user base of 348.5K on X and 63K on Telegram supports an airdrop that may add more than $20M in token value. Monthly trading volumes exceed $25M and technical achievements back the platform's promise.   Experts predict that the platform will continue to innovate and adapt to the growing demand for memecoins and decentralized finance (DeFi) solutions. The integration of additional blockchains beyond Solana and Blast could attract a wider audience and increase the platform's versatility. Additionally, the platform is also introducing more initiatives to engage and reward active users. Embrace the opportunity and join the thriving memecoin community.

For the first time in history, Raydium, the leading Solana-based decentralized exchange, has overtaken Uniswap in monthly trading volume. According to data from The Block, Raydium captured 27.1% of all DEX volume in January, up significantly from 18.8% in December 2024. In contrast, Uniswap’s dominance dwindled from 34.5% to 22% during the same period, marking a major shake-up in the DeFi sector.   Quick Take Solana-based Raydium processed 27% of all decentralized exchange (DEX) volume in January 2025, surpassing Uniswap for the first time. Raydium’s market share jumped from 18.8% in December to 27.1%, while Uniswap’s fell from 34.5% to 22%. A surge in memecoin trading, particularly the Trump (TRUMP) token, fueled Raydium’s dominance. Solana’s transaction volume was five times higher than Ethereum’s in January, reinforcing its growing influence in DeFi. Raydium’s native token (RAY) rebounded 10% after a correction on February 4, 2025, nearing a $2 billion market cap. Raydium Sees 25% Higher Volume Than Uniswap in January Raydium sees higher trading volume than Uniswap in January | Source: TheBlock   Raydium’s surge was primarily driven by a wave of memecoin speculation, with traders flocking to Solana for its lower transaction fees and faster processing times compared to Ethereum. One of the biggest contributors to this boom was the Trump (TRUMP) token, which quickly became one of the most traded cryptocurrencies after its launch, further boosting Raydium’s activity.   Read more: How to Use the Raydium (RAY) Decentralized Exchange on Solana: A Beginner’s Guide Solana’s Growing Dominance in DeFi Driven by Memecoins Raydium’s volume surges in January 2025 due to memecoins | Source: DefiLlama   The rapid rise of Raydium is part of a broader shift toward the Solana ecosystem. Solana processed five times more transactions than Ethereum in January, showcasing its efficiency and appeal for high-frequency trading. Unlike Ethereum, which continues to struggle with scalability and high gas fees, Solana’s high throughput and low-cost transactions make it an attractive choice for DeFi traders.   PancakeSwap, the leading DEX on BNB Chain, held 17% of the market share in January, while two other Solana-based exchanges, Orca and Meteora, ranked fourth and fifth in total volume, further solidifying Solana’s influence in the sector.   Uniswap Faces Growing Challenges Uniswap’s declining market share raises concerns about Ethereum’s ability to maintain its DeFi dominance. The Ethereum community has voiced frustrations over the network’s slow development pace and high transaction costs, leading many users to explore alternative blockchains like Solana, Avalanche, and BSC.   Despite Ethereum’s extensive developer ecosystem and strong institutional backing, the network’s scalability issues remain a significant hurdle. While upcoming upgrades may improve Ethereum’s efficiency, competing ecosystems are rapidly gaining ground, and Uniswap’s recent performance suggests that traders are increasingly looking elsewhere for their DeFi needs.   Raydium (RAY) Market Performance and Future Outlook Raydium (RAY) technical analysis | Source: BeInCrypto   Raydium’s success isn’t just limited to trading volume; its native token (RAY) also saw strong market activity. After a significant correction, RAY rebounded by 10%, pushing its market cap close to $2 billion, before sliding lower due to overall crypto market conditions. Over the past week, Raydium generated $42 million in revenue—more than Uniswap and even Ethereum itself—demonstrating its growing influence in the DeFi market.   Technical indicators suggest that RAY could see further price gains if it maintains its bullish momentum. Analysts predict that if Raydium continues its current trajectory, its token could target an $8.7 price level. However, a failure to hold support levels may lead to a retracement toward $5.36 or lower.   Read more: Raydium (RAY) Bounces Back Over 10% Following a Sharp Correction   Conclusion: Is the DeFi Landscape Shifting From Ethereum to Solana?  Ethereum vs. Solana TVL | Source: DefiLlama   Raydium’s ascent signals a broader shift in DeFi, with Solana-based exchanges gaining significant traction over their Ethereum-based counterparts. The combination of fast transactions, low fees, and a thriving memecoin market has propelled Raydium to the top, challenging Uniswap’s long-held dominance.   As Ethereum works to address its scalability issues, Solana and its ecosystem continue to attract traders seeking efficiency and affordability. With Raydium now the leading DEX by volume, the DeFi sector may be witnessing the beginning of a more competitive and decentralized market structure, where multiple blockchains play a crucial role in shaping the industry’s future.   Read more: Solana vs. Ethereum: Which Is Better in 2025?

Following initial withdrawals, major asset managers have refiled their applications for a spot Solana ETF with the U.S. Securities and Exchange Commission (SEC). These filings, submitted by Bitwise, VanEck, 21Shares, Canary Capital, and Grayscale, have reignited discussions about Solana’s potential to be the next major altcoin to secure an ETF listing.   Quick Take Multiple asset managers, including Bitwise, VanEck, 21Shares, Canary Capital, and Grayscale, have refiled their applications for a spot Solana (SOL) ETF. The SEC has restarted its review process, with a response expected by March 14, 2025. Grayscale seeks to convert its $134 million Solana Trust into a spot ETF on the NYSE. The growing stablecoin supply and rising DEX market share on Solana indicate increasing institutional interest. SOL’s price rebounded to $230 amid a $200 million long leverage surge, signaling strong bullish sentiment. CBOE, Grayscale Revive Spot Solana ETF Applications  According to Bloomberg ETF analyst James Seyffart, the Cboe BZX Exchange has submitted four 19b-4 applications on behalf of these issuers, restarting the SEC’s 45-day review process. The regulator is expected to provide an initial decision by mid-March. However, historical trends suggest the SEC may request amendments or additional documentation, as seen with prior Bitcoin (BTC) and Ethereum (ETH) ETF applications.   Source: X   Grayscale’s reapplication is particularly noteworthy, as it aims to convert its existing Solana Trust, which holds approximately $134 million in assets under management (AUM), into a spot ETF. This move reflects growing confidence in Solana’s long-term viability among institutional investors. Compared to Grayscale’s Bitcoin Trust, which saw significant outflows following its ETF conversion, the Solana Trust’s transformation could play a crucial role in shaping market sentiment. Solana’s Stablecoin Supply and DEX Dominance Fuel Market Growth Solana stablecoin supply crosses $10 billion in Jan 2025 | Source: Dune Analytics    Beyond ETF developments, Solana’s blockchain has witnessed a sharp increase in stablecoin supply, doubling to $10 billion in January 2025. This surge has been largely attributed to the rising popularity of Solana-based memecoins, including TRUMP and MELANIA, which have contributed significantly to network activity.   Solala DEX volumes surge | Source: Dune Analytics   Solana has also made substantial gains in the decentralized exchange (DEX) market, surpassing Ethereum in trading volume over the past month. OKX’s recent report highlights that Solana’s DEX market share reached as high as 89.7% in December 2024, driven by low transaction fees and fast processing speeds. Platforms like Jupiter and Pump.fun have fueled this growth, attracting retail investors and bolstering Solana’s reputation as a ‘retail-friendly’ blockchain.   Read more: Top Decentralized Exchanges (DEXs) in the Solana Ecosystem for 2025   Regulatory Challenges and the Path to a Solana ETF Approval Despite these positive developments, Solana’s ETF journey remains uncertain due to regulatory challenges. The SEC has previously labeled Solana an unregistered security in ongoing lawsuits against crypto exchanges, including Coinbase and Binance. For a spot SOL ETF to gain approval, the SEC may first need to revise its stance on Solana’s classification and resolve key regulatory disputes.   Another potential hurdle is the absence of SOL-based futures products on U.S. exchanges. Historically, the SEC has required at least 18 to 24 months of futures trading before considering an asset for a spot ETF. This requirement has delayed approvals for other altcoin ETFs, and Solana may face a similar timeline.   However, political shifts could play a crucial role. Following Donald Trump’s election victory, the appointment of Paul Atkins—a pro-crypto candidate—as the next SEC Chair may usher in more favorable regulatory conditions for cryptocurrency ETFs. Industry insiders speculate that fund issuers are waiting for Trump’s administration to implement its crypto-friendly policies before aggressively pushing for approvals.   Solana’s Price Outlook SOL/USDT price chart | Source: KuCoin   Solana’s price has exhibited high volatility amid these developments. After a three-day losing streak, SOL rebounded 3% to reclaim the $230 level, driven by bullish sentiment following the Federal Reserve’s decision to pause interest rate hikes. Data from Coinglass reveals that leveraged long positions in SOL surged past $200 million, outpacing short contracts by more than 50%, indicating strong confidence in further price appreciation.   Solana futures’ open interest | Source: CoinGlass   From a technical perspective, analysts suggest that SOL’s current trajectory signals a potential local bottom, with key resistance levels at $250 and $281.12. However, if SOL fails to hold above $222, a retest of the $184 support level remains a possibility.   Looking Ahead While Solana’s ETF prospects remain uncertain, the blockchain’s growing institutional adoption, expanding stablecoin supply, and dominance in the DEX market position it as a strong candidate for future ETF approval. The SEC’s response in March 2025 will be a crucial indicator of regulatory sentiment toward Solana and other altcoins seeking ETF status.   For now, investors remain cautiously optimistic, keeping a close eye on both regulatory developments and macroeconomic factors that could shape Solana’s trajectory in the months ahead.   Read more: What Is Meteora and How Is it Transforming Solana’s Memecoin Ecosystem?

Meteora is a popular decentralized exchange (DEX) on Solana that hit a record $33 billion in trading volume in January 2025. This marks a 33-fold increase from December 2024’s $990 million. Meteora now holds 9% of the total market share, placing it among the top five DEXs globally. This surge showcases Solana’s strong position in the DeFi ecosystem.   Source: Meteora   Quick Take Meteora’s trading volume soared to $33 billion in January, up from $990 million in December. With a 9% market share, Meteora ranks among the world’s top five decentralized exchanges. Three of the top five DEXs now operate on Solana, highlighting the network’s rapid expansion. Read more: Top Decentralized Exchanges (DEXs) to Know in 2025   What Is Meteora? Powering Solana’s DeFi with Advanced Liquidity Solutions Source: Meteora   Meteora is a decentralized finance (DeFi) platform built on the Solana blockchain. It is designed to enhance and stabilize liquidity within the crypto ecosystem. By providing a secure, sustainable, and flexible liquidity layer, Meteora addresses Solana's challenges with low liquidity which can hinder user adoption and growth. The platform offers tools for managing liquidity including automated trading, fee analysis, and protection against malicious bots during token launches.    Additionally, Meteora supports the creation and management of various liquidity pools and vaults. This enables users to earn rewards while ensuring that funds are efficiently utilized. Founded in Singapore in 2021, Meteora rebranded in 2023 to secure funding from notable ventures like Delphi Venture and Alliance DAO. Ben Chao co-founded Meteora with the vision to build a large community of liquidity providers.   Meteora tackles Solana’s liquidity issues with innovative products. The Dynamic Liquidity Market Maker (DLMM) organizes asset pairs into price bins to prevent price slippage during trades. Users can choose from three strategies: Spot, Curve, and Bid-Ask to maximize their earnings. Dynamic AMM Pools leverage a capital allocation layer to generate yield from lending protocols using USDC, SOL, or USDT. These pools ensure sustainable liquidity by combining lending interest, liquidity mining rewards, and AMM trading fees. Meteora also offers Dynamic Memecoin Pools with permanently locked liquidity and adjustable dynamic fees ranging from 0.15% to 15%. This feature protects against sniper bots and ensures fair token distribution during launches.   Meteora creates a secure and sustainable liquidity layer for DeFi on Solana. With products like DLMM Pools, Dynamic AMM Pools, and Dynamic Vaults, Meteora optimizes liquidity, yield generation, and user engagement. By implementing these solutions, Meteora fosters a thriving ecosystem on Solana, establishing it as a leading hub for crypto trading.   Source: Meteora   The Unprecedented DeFi Growth of Meteora In January 2025, Meteora recorded $33 billion in trading volume. This is a 33-fold increase from December’s $990 million and surpasses the previous high of $4.5 billion. Meteora now holds 9% of the total market share, making it one of the top five decentralized exchanges worldwide. This growth signals a new era for Meteora and Solana’s DeFi ecosystem.   The increase in Meteora’s volume reflects broader momentum in Solana’s DeFi ecosystem. Three of the top five DEXs now operate on Solana. This highlights the network’s significant growth over recent weeks. Solana’s infrastructure supports high-speed transactions and low fees, attracting major DeFi projects and increasing overall activity.   Read more: What Is Meteora and How Is it Transforming Solana’s Memecoin Ecosystem?   Solana’s Dominance in New Coin Launches Source: KuCoin   Solana remains the preferred blockchain for launching new cryptocurrencies. Currently, 96% of new coins launch on Solana. This preference underscores Solana’s role as a leading platform for new crypto projects. The network’s scalability and efficiency make it an attractive choice for developers and investors alike.   The rapid increase in token launches on Solana raises questions about market sustainability. Conor Grogan predicts over 100 million tokens will launch by the end of 2025. In comparison, there were fewer than 3,000 coins during the 2017-18 alt season. Some experts worry the market may become too diluted to support another significant altcoin boom.   Read more: Meteora DEX Records $50M in 24-Hour Fees Amid Memecoin Surge   Role of Launchpads Affordable launchpads like Pump.fun drive the creation of new tokens. These platforms allow users to release new cryptocurrencies within seconds. This ease of launching new coins contributes to the rapid expansion of the token market and increases the number of available tokens, impacting overall market dynamics.   Read more: Top Meme Pump Platforms to Launch and Trade Memecoins in 2025   Conclusion Meteora uses Solana’s high-speed blockchain for transparent and efficient trading. Meteora’s record $33 billion trading volume in January highlights the robust growth of Solana’s DeFi ecosystem. As Meteora ranks among the top five DEXs globally and Solana hosts 96% of new coin launches, the network’s influence continues to expand. While concerns about market saturation persist, Meteora's success underscores Solana's pivotal role in the evolving cryptocurrency landscape. Investors and enthusiasts can anticipate a dynamic and growing crypto market fueled by Solana’s advancements and Meteora’s impressive performance.

Jambo is revolutionizing mobile connectivity with blockchain technology. Their mission is to build the largest on-chain mobile network globally. Central to this vision is the JamboPhone, a $99 Web3 Android smartphone pre-loaded with crypto partnerships for seamless onboarding. This article explores Jambo, the JamboPhone 2, the $J token, and how you can claim your airdrop tokens.   Source: https://jambophone.xyz/   What Is Jambo (J) Crypto? Source: KuCoin   Jambo ($J) is a blockchain project aimed at accelerating Web3 adoption in regions like Africa, Southeast Asia, and Latin America. By offering affordable, crypto-native smartphones and decentralized applications, Jambo makes digital finance accessible to millions. The ecosystem revolves around the JamboPhone and the $J token, which facilitates rewards, governance, and payments within the platform. As of January 2025, Jambo operates in 128 countries. The company has received over 815,000 orders for the JamboPhone and created nearly 9.5 million JamboWallets since its launch.   Read more: All You Need to Know About Jambo (J) and Web3 JamboPhone JamboPhone 2: Enhancing Connectivity Source: https://jambophone.xyz/   The JamboPhone 2 builds on its predecessor with significant upgrades. Priced at $99, it runs on Android 13 and includes applications like the Aptos-compatible wallet Petra and the Jambo App. Users can manage cryptocurrencies and access blockchain services directly from their device. Key hardware improvements include 12GB of RAM, increased storage, and a longer-lasting battery, ensuring a superior user experience.   Key Features on JamboPhone 2 JamboGPT: An AI assistant integrated into the device, offering real-time analytics and data insights to help users make informed decisions. JamboPlay: Provides access to a diverse range of digital adventures, from casual games to immersive experiences, bringing the universe of mobile gaming to users' fingertips. JamboWallet: A multi-chain wallet that allows users to connect, transact, and manage their digital assets seamlessly, ensuring safety and user-friendliness. JamboEarn: Enables users to participate in gamified quests and start earning immediately, turning time into money with just a tap. The JamboApp Ecosystem JamboApp serves as a superapp within the Jambo ecosystem. It features a dApp store, a questing earn platform, and a multichain non-custodial wallet. The platform uses the $J token, supporting a 100,000,000 $J airdrop prize pool. This ecosystem promotes digital inclusion by providing access to DeFi, NFTs, and gaming through an affordable, user-friendly device.   Jambo ($J) Token Utility and Tokenomics Jambo tokenomics | Source: Jambo docs   The Jambo token (J) serves as the cornerstone of the Jambo ecosystem, offering various utilities. It is available on both JamboPhone and JamboPhone 2, allowing users of either device to seamlessly access and utilize $J for payments, governance participation, rewards, and exclusive discounts within the Jambo ecosystem.   Staking J Tokens: Users can stake J tokens to participate in network governance and earn rewards. Jambo’s Decentralized Governance: Token holders have voting rights on key decisions, influencing the project's future direction. Get Rewards and Discounts in the Jambo Ecosystem: J tokens can be used to access exclusive rewards, discounts, and payouts within the Jambo ecosystem. Participate and Claim the $J Airdrop Jambo’s first $J airdrop rewards early adopters, active contributors, and Solana community members. This initiative boosts engagement and Web3 adoption through incentives.   Why Join the $J Airdrop? Source: https://www.jambo.technology/airdrops   Payments: Use $J tokens for services and goods within the Jambo ecosystem. Governance: Influence the platform’s development. Discounts: Enjoy reduced transaction fees on JamboPhone and partner apps. Jambo Airdrop Overview Total Amount: 100 million $J tokens (10% of 1 billion total supply). Eligibility: JamboPhone 1 and 2 users. Active JamboApp participants earning JPoints. Members of the Mad Lads community within Solana’s ecosystem. Key Airdrop Dates Snapshot Points: JamboPhone Users: January 21, 2025, at 8:00 AM UTC. JamboApp JPoints Earners: January 21, 2025, at 10:00 AM UTC. Mad Lads: January 16, 2025, at 10:00 AM UTC. Claims Open: January 22, 2025, at 10:00 AM UTC. Claim Period: 30 days until February 21, 2025. Rewards Delivery: JamboWallet receives bonus $J within 24 hours of the Token Generation Event (TGE). How to Claim Your Jambo ($J) Airdrop Source: https://www.jambo.technology/airdrops   Jambo’s first $J airdrop campaign aims to reward early adopters, active contributors, and Solana community members. This initiative encourages engagement within the Jambo ecosystem, fostering adoption of Web3 through rewards and incentives.   JamboPhone Users: Link your device’s IMEI number to your JamboApp account. Rewards will appear in your JamboWallet. JamboApp Participants: Complete tasks to earn at least 100 JPoints before the snapshot. Check your JamboWallet on the claim date. Mad Lads Members: Ensure your wallet address was captured on January 16. Follow Galxe instructions to claim your tokens.  Source: X   Trade and Buy Your $J Tokens on KuCoin Eligible users can claim their $J tokens on Jambo’s Galxe Space starting January 22, 2025. Don’t miss the 30-day window to secure your rewards. After claiming, you can trade $J tokens on the KuCoin Spot Market. Buy or sell them to enhance your investment portfolio.   Conclusion Jambo is leading the integration of blockchain with mobile technology, making decentralized finance and Web3 services accessible worldwide. With the JamboPhone 2, strategic partnerships, and the $J token, Jambo is transforming digital landscapes in emerging markets. The $J airdrop offers a valuable opportunity to engage with this innovative ecosystem. Purchase your $J tokens on KuCoin today and join the future of mobile blockchain technology.