Two Solana
Jupiter, a decentralized exchange (DEX) aggregator, plans to distribute $625 million worth of its JUP
The airdrop will involve 700 million JUP tokens and is expected to include around 2.3 million eligible wallets, as shared in a December 27 announcement on X.
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Jupiter’s distribution follows a tiered system that rewards active participants. Users with at least $800 in trading volume will receive 50 JUP tokens, while those who traded $14 million or more will get 20,000 JUP.
Meanwhile, Sonic, a Layer-2 gaming network, is preparing for its own token airdrop on January 7. It will distribute 7% of the total supply of SONIC tokens, with 15% of the 2.4 billion tokens available for trading on launch day.
According to an update on January 1, 8% of the supply is set aside for early supporters, while 7% will be shared among initial eligible users.
The qualification process for the SONIC airdrop required users to join through TikTok. Sonic integrated its SonicX game directly into the platform. Sonic has made progress recently, raising $12 million in a funding round in June 2024.
As Jupiter and Sonic are ready to reward their communities with token airdrops, the Solana network recently saw an increase in validator earnings. What’s causing the growth? Read the full story.
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