Solana is set to experience a surge in liquidity this April, coinciding with the broader crypto bull market of 2024 and the incoming Bitcoin halving event. With a series of airdrops collectively valued at $3.3 billion, this influx of tokens could reshape fortunes for many participants—a common creed for many crypto enthusiasts.

Here's what the Solana community can anticipate in the context of the broader crypto landscape:

PARCL
A substantial 8% of the Total Supply of PRCL will be distributed through an airdrop. The PRCL token can be bought over-the-counter (OTC) on Aevo at a rate of $1.87 per PRCL. This translates to a staggering $150 million worth of tokens being airdropped to numerous recipients.

Wormhole Crypto
Wrmholecrypto is initiating an airdrop of 17% of the Total Supply of W. This token is also available for purchase OTC on Aevo at $1.68 per W. The anticipated value of these airdropped tokens is an impressive $2.85 billion, with the Token Generation Event (TGE) scheduled for April 3rd, 2024.

Kamino Finance $KMNO
A substantial 7% of the Total Supply of KMNO will be distributed through an airdrop. Based on a predicted $1.5 billion valuation, this amounts to roughly $105 million being airdropped to a wide array of recipients. The TGE date is yet to be announced.

Zeus Network $ZEUS
An airdrop comprising 5% of the Total Supply of ZEUS is scheduled. With a projected price of $0.2 per ZEUS token, this airdrop is valued at approximately $10 million. The TGE for ZEUS is set for April 4th, 2024.

Side note: The combined airdrops of PRCL, W, and KMNO, surpass $3.3 billion.

This massive wave of airdrops on Solana is occurring within the broader context of the 2024 crypto bull market, offering opportunities for “degenerates” and injecting significant liquidity into the crypto ecosystem as a whole. Airdrops generally lead to surges in TVL (total value locked) and on-chain activity, which precede price boosts.

Pc: Caleb Namani