Drift is executing a broader strategy to evolve the Super Protocol. This includes expanding from borrowing and lending to derivatives, prediction markets
on-chain trading platform Drift, native to Solana, is gearing up for an exciting Season 2 airdrop. The platform, which launched its native DRIFT token in May 2024, has been teasing the airdrop since early on. Now, with the Season 2 airdrop approaching, Drift is highlighting its growth ambitions and the role that the FUEL rewards will play in driving active participation on the platform.
Drift is executing a broader strategy to evolve the Super Protocol, expanding from borrowing and lending to derivatives, prediction markets, and automated market-making. The strategy also aims to incorporate wealth management features.
As part of its efforts to evolve the Super Protocol, Drift is also expanding its offerings to include real-world assets and stablecoins. The platform now supports USDe, PayPal USD, and Sky's USDS. Additionally, Drift has introduced liquid staking and structured products via Drift Earn vaults, attracting millions in total value locked (TVL).
Airdrops Set to Dominate 2025
Crypto airdrops saw renewed interest in 2024, with platforms like Hyperliquid, Starknet, and Pudgy Penguins rewarding their communities with tokens. Enthusiasts are getting excited over upcoming airdrops in 2020, especially within the Solana ecosystem. Some top prospects include Jupiter’s second round, Solayer, Sanctum S2, Sonic SVM, and DeBridge S2.
Drift is approaching its Season 2 airdrop with strength as a major decentralized trading player. It not only rewards its users but also supports the overall adoption of Solana-based protocols.
$DRIFT is currently trading at $1.331, with a market cap of $358.90 million. Technical indicators are now a cautionary sign, with the Relative Strength Index RSI at 42.44, indicating a slightly bearish trend. The MACD line/carrying line is also below the signal line, further indicating a bearish trend. Meanwhile, Solana is trading at $205.50, up 8.37% in the past 24 hours.
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