Solana will be making important announcements between December 5th and 12th.
Author: The DeFi Investor
Compiled by: TechFlow
Crypto Catalysts to Watch This Week
Solana’s Big Announcement - Solana has announced that it will be making big announcements between December 5th and 12th. It is rumored that these announcements may be related to airdrops.
Instadapp (Fluid) Token Economics Upgrade - The Instadapp team plans to launch an updated INST token economics model this week.
Ethena’s New Product Launch - Ethena will release a new stablecoin called USDtb this week. This stablecoin is backed by BlackRock’s BUIDL fund and is a RWA stablecoin (stablecoin backed by real-world assets).
Particle Network Mainnet Launch - Particle Network is an L1 blockchain solution dedicated to simplifying cross-chain operations through universal accounts, with its mainnet set to officially launch on December 3.
Elys Network's airdrop checker and public sale - The versatile DeFi application Elys Network will launch its public token sale on the Republic platform on December 3, along with its airdrop checker.
Revised airdrop proposal from Jupiter - Jupiter plans to airdrop JUP tokens worth approximately $860 million to users in January next year. Since the initial airdrop proposal was not approved, the team will release a revised proposal this week.
Macroeconomic Events - U.S. Unemployment Rate Data Release - U.S. unemployment rate data will be released on December 6, which may impact the market.
JTO Token Unlocking - Jito's JTO token will undergo a large-scale unlocking on December 7, with a total value of $510 million, and all tokens will be allocated to investors and core contributors.
Key Proposal for DOGE - Elon Musk and Vivek Ramaswamy will propose an important proposal for the U.S. Department of Government Efficiency (DOGE) this week. This could serve as a potential catalyst for the rise of meme coins like Dogecoin.
Three airdrops you might qualify for
Recently, some airdrops are targeted at active DeFi users, with conditions including using specific dApps or holding certain tokens. Although the amounts for these no-action-required airdrops are usually small, they are 'free funds' and worth claiming if eligible. Here are three examples worth noting:
Bluefin - The most popular perpetual contract DEX on Sui
A portion of the upcoming airdrop is allocated to:
Users utilizing their Solana and EVM partners (such as Jupiter, Aerodrome, Wormhole, Pyth, and Elixir)
Users utilizing their Sui ecosystem partners (covering almost all mainstream dApps on Sui)
Holders of Pudgy Penguins, MadLads, Azuki, and Prime Machin NFTs
You can check your eligibility for claiming here.
Zircuit - An AI-supported Ethereum L2
A portion of its airdrop is allocated to:
Stakers of EIGEN in Eigenlayer
If you held or staked at least 3 EIGEN tokens on October 8, you can now claim a small portion of the ZRC airdrop.
You can check your eligibility for claiming here.
Elys Network - A universal DeFi liquidity layer
Its mainnet and token are about to launch.
ATOM stakers will receive a portion of the airdrop.
According to the official announcement, its airdrop checker will go live on December 3.
The recent market environment has improved significantly, and I expect many projects that have not yet issued tokens to announce their token issuance plans soon.
