Latest Developments in Crypto Airdrops 🚀
This article highlights notable insights regarding recent crypto airdrops, with special attention given to the Jupiter and Orbiter Finance projects. Explore the latest opportunities and necessary actions to take advantage of these distributions.
Your awareness of these events is crucial to help you enhance your gains and seize the opportunity to earn free tokens. Let’s delve into the details below.
Jupiter Unveils Jupuary Airdrop 2025: An Allocation of $575 Million in Cryptocurrency 💰
Unquestionably, the standout announcement of last week was made by Jupiter, which is a prominent decentralized platform operating within the Solana network.
On January 22, the DEX aggregator, having successfully completed a prior round in 2024, rolled out another 700 million JUP tokens intended for its users.
This initiative, labeled the “Jupuary” airdrop, engaged 2 million participants, encompassing traders, contributors, and key community partners.
A remarkable total of tokens valued at 575 million dollars was offered, representing a key achievement in Jupiter’s expansion journey.
If you interacted with the platform’s dApp from November 3, 2023, to November 2, 2024, you are eligible to claim your rewards.
- Eligible users include those who utilized Jupiter’s Swap and Perpetuals products or staked their JUP during the designated timeframe.
- Participants involved in governance or those labeled as “Carrots” who affirm the platform’s objectives also qualify.
The airdrop amounts range from a minimum of 25 JUP to a maximum of 300,000 JUP for the most engaged traders.
The team shared on X that recipients have three months to claim their tokens and that flagged users can contest their status post-January 27. To redeem your airdrop, creating a Jupuary profile through the official claims system is necessary.
Contributors, Kash Dhanda and Mei, hosted a virtual event named the J.U.P Rally to celebrate this milestone, inviting community members to the “Jupiverse.”
Alongside the airdrop, Jupiter announced a substantial 30% burn of the JUP supply, aimed at bolstering its asset’s market price.
As of this writing, the value of JUP stands at $0.84, with a total market cap of 1.43 billion dollars.
Orbiter Finance Begins Claims for Its Airdrop: The Launch of the OBT Token 🌉
Another noteworthy event in the crypto airdrop landscape comes from Orbiter Finance, a decentralized cross-chain bridge platform.
On January 20, coinciding with Donald Trump’s inauguration day, Orbiter introduced its long-anticipated governance token OBT.
The platform distributed approximately 616 million OBT tokens, which equates to 22% of its circulating supply, amounting to a total value of 8.6 million dollars.
Overall, the Token Generation Event (TGE) involved 2.8 billion tokens, representing 28% of the entire 10 billion token supply, valued at 39 million dollars.
Eligibility for claiming OBT extends to users who have engaged with Orbiter for at least two months between December 2021 and January 2025 while collecting a minimum of 40 OPoints.
As OBT launches on both the Base and Arbitrum blockchains, the project aims to involve its community in governance decisions through decentralized structures.
Post-airdrop, Orbiter plans to implement a staking mechanism for OBT holders, anticipated to roll out in the second quarter of 2024.
Currently, OBT is priced at $0.013, prompting some dissatisfaction among airdrop participants due to returns being less than expected.
Several users highlighted that the rewards barely covered the costs associated with participating in the airdrop.
Additional Cryptocurrency Airdrop Opportunities 🌟
Looking ahead, various projects are set to release their native tokens, providing users with opportunities to benefit from airdrops as rewards for engagement.
Soneium: A Potential Crypto Airdrop in the Upcoming Months 🔮
One of the key upcoming projects is Soneium, a recently launched Layer 2 solution for Ethereum developed by Sony.
Currently, activities that could lead to future airdrops on Soneium involve transferring assets across the blockchain and utilizing funds on various dApps within the ecosystem.
- Bridging assets can be conducted via the SuperBridge of Optimism or through other external bridges such as Gas.zip and Relay.
- Post-bridging, you can engage with applications including Sonova, Kyo Finance, Sone.fi, Neemo, Macaron, Sake, and Thirdweb.
Maximizing engagement by performing multiple swaps, adding liquidity to pools, and trading NFTs is advisable during this phase.
Scroll Season 2: Another Airdrop to Watch 👀
The Season 2 airdrop from Scroll is another opportunity that may prove to be underestimated within crypto communities, especially following the disappointing outcomes from the initial rewards campaign.
At this point, the total value locked (TVL) is five times lower compared to the period before the SCR token launch for Season 1. In the upcoming season, a similar share of supply will be airdropped (5%), but with fewer participants to divide it among.
Should the SCR token maintain or increase its value, Scroll’s second airdrop could yield unexpected advantages for participants.
To earn points convertible to tokens, holding assets on the blockchain and providing liquidity across various protocols is necessary (boosting from 1x to 6x).
Official information regarding the second season has recently been shared by the Scroll team.
Among other notable airdrops to consider are those from Symbiotic, SyncSwap, Meteora, Mitosis, Eclipse, Hyperlane, Abstract, Monad, OpenSea, Pump.fun, and Polymarket.
Furthermore, 2025 holds promise for additional airdrop opportunities, as continued on-chain interactions increase the likelihood of receiving significant rewards from these activities.
To enhance your understanding of the key phrases related to this content, here are some links: