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Daily Brief

Is Solana Airdrop Szn Here?

gm Bankless Nation, is Solana getting ready for a DeFi summer?
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Nov 29, 20233 min read
Is Solana Airdrop Szn Here?
Published on Nov 29, 2023
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gm Bankless Nation,
Is Solana getting ready for a DeFi summer?

Today's issue ⬇️

  1. ☀️ Need to Know: Dorsey's Bet
    Jack bets on BTC mining pools.
  2. 📊 Today in Markets: Abu Dhabi Pump
    Why is IOTA on people's minds in 2023?
  3. 🗞️ Analysis: Solana Airdrop Season?
    Will dapp airdrops revitalize SOL DeFi?
  4. 📚 Learn: What We're Reading
    Our favorite reads of the week.

p.s. Thanks to NEAR: NEAR DA is 8,000x cheaper than Ethereum DA.


Sponsor: NEAR DA
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NEED TO KNOW
Jack Dorsey's Bet
  1. ⛏️ Dorsey's decentralized mining bet. Jack backs a startup building a non-custodial BTC mining pool that pays miners their block rewards directly.
  2. 🦍 Solana TVL flips AVAX’s. Solana's standout month in DeFi TVL growth has pushed it above competing blockchain Avalanche.
  3. 💰 Binance drops BUSD. Binance will end support for the BUSD stablecoin on Dec 15 as the CEX buttons up for regulators.
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TODAY IN MARKETS
Abu Dhabi Pump?

📊 IOTA's Moment? Blockchain developer Iota is launching the first Abu Dhabi-regulated foundation with hopes of accelerating the growth of their technology in the Middle East! IOTA is up nearly 50% on the day, but is this pump one you should ape? Probably not👇

Prices as of 4pm ET 24hr 7d
Crypto $1.42T ↘ 1.0% ↘ 0.7%
BTC $37,748 ↘ 1.0% ↗ 0.4%
ETH $2,027.32 ↘ 1.7% ↘ 2.5%
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ANALYSIS
Is Solana Airdrop Season Here?
Bankless Author: Jack Inabinet

Solana apps are starting to fire up the stimulus cannons, shooting out airdrop-qualifying programs aimed to court investor interest. Could these airdrops breathe some life back into Solana's stagnant DeFi ecosystem?

Read the full free analysis on our website👇


FRIEND & SPONSOR: NEAR

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LEARN
What We're Reading
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