For SOL, the key moment to reverse Ethereum lies in the JTO airdrop. At the end of 2023, the ecological project JTO on SOL announced that it would airdrop to users, with a single number value of nearly 10,000 US dollars. Such a large-scale airdrop instantly made the SOL chain the focus of the entire industry. Many developers (wool parties) on Ethereum began to transfer to the SOL chain, and the number of new wallet users reached a record high.
Subsequently, airdrops such as JUP and WEN on the SOL chain once again pushed the SOL chain airdrop expectations to a climax. But after that, there were almost no high-value airdrop projects, and the popularity of SOL also dropped sharply. It could only rely on some MEME coins to maintain a short-term popularity. MEME gameplay is not a long-term solution after all. What the SOL chain does is just copying the ecology on the Ethereum chain, and no innovative projects have been born.
Wool parties should be the most sensitive group in this industry. After the airdrop income on SOL was not as good as before, they turned their attention to the TON public chain. Notcoin is a game based on Telegram. Users can earn in-game tokens by clicking on coin images. Notcoin aims to attract the public to the cryptocurrency space by attracting the public and removing the complex barriers to handling tokens. Early players received huge airdrops by participating in Notcoin games, which brought considerable benefits.
At one time, many imitation games emerged on Telegram, and these games relied on Telegram's user base to go all the way to Binance. Currently, many small games on Telegram, such as Dogs and Hamster, have been launched on Binance, bringing a considerable wealth effect. Many cat lovers have smelled the scent again, and a large number of accounts have started to play small games on Telegram.
But if you look closely at the TON ecosystem, there are almost no projects that can be shown off except for small games. Several pledge and DEX projects are also not popular, especially after the founder was invited to tea by France, funds have fled in large quantities.
Looking at the short-term craze of these public chain ecosystems, they are inseparable from the FOMO of retail investors and cat lovers. If there is no real ecological construction, short-term speculation alone will not last long. Finally, I hope that the Ethereum system can return to value in the next period of time, come up with better innovative applications, and lead the public chains on the right track.
