Solana is quickly becoming well-known as one of the top blockchains for airdrops. Yesterday saw the phase one airdrop of $JUP to early adopters of the Jupiter Exchange, swiftly after the recent airdrop of $WEN to active Solana users.
New initiatives employ the tactic known as "airdrops" to reward early adopters and possibly spur further expansion. Through the distribution of these tokens, projects want to encourage broader platform adoption and usage, which will aid in the project's natural growth and success.
Jupiter: What is it?
Jupiter claims to be Solana's "best swap aggregator." Jupiter is a decentralized exchange (DEX) aggregator that provides consumers with the best rates by gathering liquidity from several DEXs and automated market makers (AMMs) in the Solana ecosystem.