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EOS Airdrop — What Is It And When Will It Come?

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EOS airdrop

Despite the fact that 2018 has been almost constantly bearish, numerous cryptocurrencies have still managed to make some very important moves. EOS is certainly one of them, and this year will be marked forever in EOS history as the year when the crypto has launched its own MainNet.

While this was a most eagerly anticipated event, it was successfully pulled back in June. Ever since then, EOS has been working hard to make its network bigger, better, and more reliable. The same goes for its community, which has already benefitted greatly from numerous EOS airdrop events in the last few months.

However, the excitement is not yet over, and EOS airdrop list still holds quite a few of events that should not be missed by coin’s supporters and holders.

What is EOS airdrop?

For those who might not know, an airdrop is an event during which a crypto project distributes its coins to its users. The events have grown to be very popular, since coins are distributed for free, and they can be obtained without paying or trading other cryptos.

This is considered to be among the best marketing strategies for every crypto. The faithful users can see it as a reward for their support, while it is not unheard of for these events to attract new users which are effectively expanding the coin’s community. With an increase in awareness, EOS airdrop events can also help with driving the widespread adoption of the coin.

Airdrops are often performed by various projects that are in development on the specific coin’s network. These can include new dApps, platforms, and even decentralized exchanges. By releasing coins to coin holders, these projects are successfully spreading awareness, and are getting more supporters and users.

What EOS airdrops can be expected soon?

As mentioned, EOS airdrop events have become increasingly popular, especially in the recent months. July, August, and September have already had numerous such events, which have dropped quite large amounts of EOS tokens.

This will, of course, continue in the coming months, and the EOS community is eagerly awaiting their arrival. At the time of writing, there are a few airdrops that have already been scheduled, with a lot more of them that have yet to specify the date and time of the events.

These include airdrops made by a wallet MORE, Chinese block producer candidate EOSpace, a gambling portal EOSBet, a fundraising dApp GiveyNation, and more. One event that has been scheduled months in advance is CADEOS airdrop. CADEOS is a decentralized CAD file, as well as a platform dedicated to project management. It aims to allow users to manage their projects with more efficiency and ease, as well as to share and edit CAD files on the platform directly. CADEOS airdrop is scheduled to be held on December 12 of this year.

While the number of scheduled airdrops is currently only limited to CADEOS airdrop, this should not discourage EOS holders. As mentioned previously, there are numerous others that have yet to provide an official date of the airdrop. Still, they will come sooner or later, and EOS enthusiasts should stay tuned, and keep an eye out for official announcements of these events.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

Solana Price Surges Beyond $100, Dethroning Ripple and BNB To Secure Fourth Place

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Solana price performance in recent times has been remarkable, surpassing Ripple and Binance Coin to become the fourth-largest cryptocurrency by market cap. The SOL price breached the critical level of $100 for the first time since April 2022 over the weekend to imbue optimism among investors. However, the altcoin has corrected by 7%, suggesting that the market is overheated. At the time of writing, the ‘Ethereum killer’ was trading slightly lower at $111.60.

SOL Outlook

Solana price has made a significant recovery over the past few weeks, climbing above the psychological level of $100. The altcoin has been one of the best-performing assets this year, extending its year-to-date gains to more than 1,025%, with more gains recorded in the past month alone. However, even with such growth, analysts have noted that Solana has a bleak chance of topping its ATH of $260.

The reason behind this is the increase in supply relative to its value. In November 2021, when the Solana price hit its all-time high of $260, its total market capitalization was around $78 billion. Despite the value of the crypto asset being less than half of what it was at the top, its market cap is currently hovering near $50 billion.

This has been brought about by the increase in the Solana supply by more than 100 million SOL over the past two years. According to some analysts, for the altcoin to retest $260, its…

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Altcoins

Solana Price Skyrockets to 20-Month Peak Amidst Memecoin Frenzy

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Solana price has noted significant gains over the past few weeks, climbing to its highest level since April 2022. The ‘Ethereum Killer’ almost topped the crucial level of $100 on Friday, before pulling back slightly. The asset’s recent surge has catapulted Solana’s total market cap to $39.6 billion, ranking 5th after and above BNB and XRP, respectively. Solana has jumped by more than 22% in the past week and more than 80% in the month to date. At the time of writing, SOL price was trading 0.90% lower at $93.10.

Catalysts Behind SOL’s Rally

Solana price has been on a strong bull run over the past few days, rocketing to its highest level in 20 months as the network benefits from the substantial activity and strong interest in memecoins. The SOL token, the native digital asset of the high-performance blockchain platform Solana, has shown some serious strength over the past few weeks, outperforming all the altcoins in the market.

The recent surge in the Solana price has been linked to heightened on-chain activities on the Solana blockchain. Notably, the ongoing hype for the blockchain’s speedy transactions, cheap fees, and a lottery of meme coin issuances has buoyed SOL’s on-chain activity. Metrics have revealed that Solana has been the strongest draw among on-chain traders, with trading volumes and network fees outperforming Ethereum- the largest altcoin by market cap.

Cited figures provided by DeFi aggregator DeFiLlama

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Altcoins

Solana Price Breaches $60 Amid a Symphony of Bullish Indicators

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Solana price has jumped more than 8% over the past week, breaching the important level of $60. At the time of writing, Solana was trading 3% higher at $61.07. The asset’s total market cap has climbed to $25.9 billion over the past week, ranking it the 6th largest cryptocurrency after XRP. The total volume of SOL traded over the last day has declined by 8%.

SOL’s Bullish Cues

Solana’s price has been among the best-performing cryptocurrencies this year amid continuous growth. The “Ethereum killer” has consistently impressed investors throughout the year on the back of a resurgence in bullishness, which saw SOL’s price climb more than 513% in the year to date. Institutional investors have also shared the bullish sentiment, making Solana their most preferred altcoin.

In the week ending November 24, Solana recorded inflows worth nearly $3.5 million, significantly more than the other altcoins’ inflows combined. The asset’s monthly inflows were higher at $40.2 million, lower than Ethereum’s $99.6 million inflows in the same period. Other altcoins, including Litecoin and Ethereum, noted significant outflows, making Solana nearly half of the home for DeFi. This implies that when it comes to institutions, Solana is currently the best-performing altcoin with the potential of a long-term rally much higher than other digital assets.

Notably, the Solana DeFi ecosystem accomplished a significant milestone earlier this week. Its Total Value Locked (TVL) hit a new yearly peak of over $655 million,…

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