Third $BNB (Binance) MEGADROP is launching in 8-9 hours. It will be rolling for 10 days, finishing on 17 Jan.

The token we will be getting as airdrop is $SOLV.

Here is a quick summary of the token:

Solv Protocol is a DeFi project aimed at making Bitcoin more useful by enabling staking and cross-chain functionality. Its token, SOLV, is used for governance, staking, and fee discounts. The main selling point? A so-called Staking Abstraction Layer (SAL) that lets Bitcoin holders stake BTC, get SolvBTC (a pegged token), and dive into DeFi without losing liquidity.

They raised $24M in private sales and are riding hype waves with Binance listing SOLV on Jan 17, 2025. Trading pairs include SOLV/USDT and SOLV/BNB. Binance is sweetening the deal with a flashy “Megadrop” promo, dangling 588M SOLV tokens as bait for BNB staking and Web3 tasks.

Verdict? They’re targeting the trillion-dollar BTC market but hinge entirely on adoption. Looks like another token chasing utility with a lot of buzz but no guarantee it’ll stick.