- Drift is designing its FUEL airdrop to encourage progress and reward customers.
- It plans to launch main airdrops on Solana and different networks in 2025.
Drift is an on-chain buying and selling platform, native to Solana. X, previously Twitter, introduced it might be giving out a Season 2 airdrop in Might 2025. It has been a 12 months for the reason that platform reached an important milestone with the launch of the native DRIFT token in Might 2024. FUEL rewards additionally started issuing in July 2024.
The FUEL airdrop will reward the energetic customers on the Drift platform, making certain the incentives for and supporting its progress ambitions. Drift is executing a broader technique to evolve the Tremendous Protocol. This consists of increasing from borrowing and lending to derivatives, prediction markets, and automatic market-making. The technique additionally goals to include wealth administration options.
It was a collection of steps ahead Drift took for 2024. It did embody integrating real-world property plus added assist to stablecoins that included USDe, PayPal USD, and Sky’s USDS. Liquid staking and structured merchandise through Drift Earn vaults prolonged the provides, attracting tens of millions in whole worth locked (TVL).
Airdrops Set to Dominate 2025
Crypto airdrops noticed renewed curiosity in 2024, as seen with platforms like Hyperliquid, Starknet, and Pudgy Penguins. Lovers are getting excited over upcoming airdrops in 2025, particularly inside the Solana ecosystem. Some high prospects embody Jupiter’s second spherical, Solayer, Sanctum S2, Sonic SVM, and DeBridge S2.
On the identical time, as Drift approaches its Season 2 airdrop, it will increase its power as a significant decentralized buying and selling participant. It doesn’t solely reward its customers but in addition helps the general adoption of Solana-based protocols.
$DRIFT’s present value is buying and selling at $1.331, a market cap of $358.90 million. Technical indicators at the moment are a cautionary signal, on the Relative Power Index RSI at 42.44, barely bearish, the MACD line/carrying line is under the sign line, reinforcing this view. All this whereas Solana is buying and selling at $205.50, now rallying at 8.37% inside the final 24 hours.
Trying ahead to 2025, Drift has unified 5 monetary primitives, Borrow/Lend, Derivatives, Prediction Markets, AMM, and Wealth Administration, into one permissionless platform. Drift goals to simplify onboarding and empower builders to succeed in everybody’s generational wealth.