Bitcoin Forum

 Has anyone come across the news about Solana's upcoming airdrop of Pyth happening today? Here, I made a post about why alts are important and mentioned Solana airdrops in the last paragraph
https://bitcointalk.org/index.php?topic=5474528.msg63178295#msg63178295

 So now, I'm wondering if it will follow a similar path to what happened with BONK. Recall when the Solana community minted the memecoin Bonk, and many benefited from it. Now, Solana plans to airdrop Pyth to over 900 wallets, and various exchanges like Bitget, OKEx, Bybit, and few others are already listing it. I haven't seen any information about Binance listing it though.

I'm just curious, what do you think about this? Do you think Pyth will follow the same trend as Bonk, or will this hype only bring volatility that could potentially wipe out users' assets? Also, which mentioned exchange do you believe will efficiently list Pyth earlier than the rest?

Solana's upcoming airdrop of Pyth is really interesting. I remember the BONK airdrop on Solana, and it's cool that they're doing something similar to Pyth. The whole concept has indeed gained a lot of attention, and people are trying hard to get their hands on PYTH through this airdrop. Since the Pyth hype is increasing continuously, I think there is a possibility that it could surpass the BONK.

Pyth is a different ball game—an oracle project that's faster than chainlink. I'm concerned about the substantial airdrops, but given its support from top CEX, as you mentioned, let's see how it goes. What time is the airdrop and listing?

Who is giving the airdrop? exchanges or Pyth? I've seen numerous tweets talking about PYTH but I
 don't know so much

Solona is trending coin in market and its getting more attraction of the users. Initially Solona projects success and got hype due to NFTS but after bear market NFT market suddenly experience big fall.. Solona projects also failed and now once again Solona is looking very strong.

Pyth is looking strong and many people says that Pyth is stronger than Bonk project because Pyth is not a meme coin. it has real utility which will attract many investors. This project is also good for long term. I was expecting Binance to list this coins but looks like Binance is not taking interest in this coin.

There is another coin which will give airdrop to Solona users. you can check detail in this thread

https://bitcointalk.org/index.php?topic=5474280.msg63167416#msg63167416

Pyth is giving the drop. But there are some listing events on cex like these.

https://i.ibb.co/VwNGGvr/1700485171169.jpg (https://ibb.co/J3dTTz0)

The listing and Airdrop claiming is at 14 UTC, and for the event, the cex is offering around 10k USDT for depositors, ending on the 23rd.

Alt are only important for the people that want it and the people tya are running after it, they die immediately people don't focus on it again especially when there is another hot alt in town. What happened to some of the best altcoins on Solana? Didn't they died before now, many liquidity have been drain and the chances of them coming back is zero. The people who bought it are all stuck and can't sell.


I don't vibe airdrop, they are just impressing the chain and marketing the chain to people to buy the coin(Solana), the moment the event end, the will sell off the coin and airdrop tokens and investors will be left with nothing. Check Bonk, the market cap and the traded volume, you will see that airdrop tokens all have similar pattern, at first they get hype up and in the end they remain flacid like weak tissues.

Instead of buying Solana in anticipation of been selected, why not use the money to buy other coins, remember that their is going to be a lot of farmers that will use bot to get the tokens any how and the chance of you getting the token might even reduce when they use anti bots to weed out other people, be careful of airdrops my friend.

Good to know, I guess Solana wants to rekindle the coin it used to be. Sol getting to $100k is inevitable if this airdrop keeps coming like this

I understand you. But you should also know that airdrops has made and also break people. Ok, that of Uniswap, we all can tell how well it went and how people made money out of it.

I think the team giving the airdrop knows this and I feel this would make people want to be in the ecosystem because who knows what will happen next. Currently, the coins under the Sol chain are all doing well you might still want to check even bonk those who bought earlier before now are already in profit

Alts is all about making profit we should all know how to use it for our good

Solana is indeed an amazing project except for the part of FTX Exchange, which really destroyed and messed up Solana's network.

So for me, right now, what we are seeing on Solana is the real market itself because no more FTX Exchange, volumes are real now, and TVLs are real.
This PYTH network airdrop also helped Solana, PYTH is one of the OG and big projects under Solana.

solana is hyping up right now so no wonder such airdrop valued so high, with the rumour of ftx gonna be reappearing under new management of course people are so bullish about solana and this airdrop come in just right when solana is reaching rally after rally i would be more baffled if its not getting valued high but BONK is simply just a meme coin where pyth have stronger utility and fundamental right here, I think it will be even better than BONK, moreover there are other airdrops like jupiter if im not mistaken that still a rumour but definitely gonna be making an airdrop in my opinion.
personally there's no wrong in trying retroactive airdrop in solana for anyone that  interested in getting airdrop, probably in future, eligibility criteria of solana airdrop would be eligible in pyth since its always like that like in arbitrum and other even though they are L2 unlike solana which is L1.

Pyth's was restrospective airdrop, if you got it, you got it. You didn't have to do anything. Also, I don't think this airdrop has got to do something with promoting solana, it's just token built on solana.


$SOL is about $60 right now, you want $100k!??? If airdrops were to pump coin, ethereum would have already reached $100k.

Or you could have made typo.


Jupiter is confirmed, but it's simple airdrop with every wallet that interacted with it is eligible, so might not be worth as good but who knows.

Solona is not just a single token and any token built on Solona network success mean it will indirectly promote Solona. If anyone want to buy Pyth on dex then he will first buy solona and then Pyth token..You can see Zksync has high number of transaction because people thinking that the more they interect in this network the airdrop they will get.. Pyth airdrop gives a smart profit to many Solona users..Airdrop hunters will now shift money to Solona for getting airdrop which will increase number of transactions and wallet users in Solona network.. Isn't it is promotion of Solona?


Absolutely right, Only airdrop cannot pump coin to such a high price..Btc not reached 100k$ despite of huge community and adoption then how one project which was  nearly failed will reach this price.

I saw people now sharing how much they have shown with the Pyth airdrop that they have received. Imo, that is a success for those eligible receivers of the token.
And this can happen again when there is another project that makes some noise through solana. Those that are liking this project seems to have alot of airdrops you are participating and receiving. Never got into it but, how about those who has received it, how much you have?

They are important because they can be promising on high yield on every Investment in them but the probability of small and highly at risk, they are sometimes appearing as a quick means of making more money from the market rise when it surges, but the higher it's appearing the bigger the risk associated with them because altcoins is very dangerous sometimes when we make an investment in them and they fail, so when making an investment, consider the risk as well.

Pyth giving allocated airdrop to their community and this is the 3 point criteria eligible airdrop

1. Any user who interacted with apps that use Pyth data on any supported blockchain (Solana, Cosmos, Sui, Aptos and EVM ecosystem)

2. Pyth Discord users with special community roles

3. Pyth community who received and hold Official Pyth NFTs

You can see more at official Pyth Project

I never heard that the pyth airdrop would be released until the news really spread on the internet and suddenly the team said there was a snapshot and the conditions for being eligible for their airdrop were announced, I checked my address and it turned out that it was not eligible, even though I was quite active on the Solana network, it turned out that the conditions had to be interact on the pyth chain, and not just carry out transactions on the mentioned network.

In any project you want to invest on, I will like you to make a proper research and investigation about the coin because any other things as well, so therefore, not all coins or project you see that is been listed in exchange is a good project to work on, so I believe that solana is a project that has been long it's been launched and established and I believe that what we need to do is to watch the project carefully and ensure that we have make a proper research before we conclude on it investment even in any project that is been listed in binance exchange platform, binance listing a coin doesn't make it worthy of been potential or depend on.

Pyth is also interesting in my opinion.  but I doubt whether it will be as booming as the previous project (Bonk).  Let's see the further developments of this new product.  and for friends who are happy with the Solana Airdrop, let them follow your steps, mate

I didn't know Pyth was built on Solana until after the airdrop event was announced. For being the core oracle protocol that is live on Solana, I envision that it would make serious moves whenever solana makes one of those bold moves like it did from $20+ straight to $44. I know Pyth right now is no where near the quality of chainlink to but as with all solana projects, it'll be hyped up really go wjen we have a full fledged bull run.

I will be looking to accumulate some if the market presents such opportunities.

You are right,  making proper research about an asset before diving into investing in it is very important and very sure way to make right investment decision most especially when it comes to altcoins investment,  the reason is that,  if the coin is having any reservation or potential threat,  you will likely and easily point that out,  and at some point make the right decision concerning the investment.

But this is not the case with coins that already have traction like solana,  which have shown multiple market reaction that have draw attention to the project and making people to be on the lookout for the coin,  this is what make most investors to speculate so much about this project and how it has acted aling the way both up and down.

I think bonk and pyth are a little different, but basically if the community and project funding is good enough, then the project will survive and have the potential to rise, and some projects have gone through that and given big airdrops like OP, ARB.APTOS, and many more .

PYTH token has been making headlines in crypto communities ever since its airdrop was announced, it is indeed a decentralized oracle solution on Solana network and oracles play crucial role in connecting Block chains with real world data, as the solana network continues to evolve and gain attention , projects like PYTH could see increased interest and gains.

Notably, Solana has demonstrated impressive performance during the recent mini rally when its price surged from $8 to above $60.

Solana have always been know to have parabolic and crazy rides. IIRC, there was a season called Solana szn and at that time, nearly all projects in the solana ecosystem so very crazy rides and the users enjoyed crazy returns — including investments made on shitcoin. Sol has always been one to demonstrate strength. The same goes for BNB and MATIC.



So once again I didn't take the opportunity and PYTH is up another 60% in the last 2 days
 

My only query will be whether Solana network will be able to handle the traffic if the meme coin gets the traction it is expected to get knowing they had issues with their network in the past. The coin already rallied a lot and there is a lot of hype behind the token considering how the other meme coins performed and will see how it will hold once it gets listed in binance.

Yes, judging from its performance so far, SOL is able to produce the desired returns for users and that is why SOL is a very potential choice in the future. History is also proof of how they survived and made efforts to prevent their coins from falling during an accident. and another advantage is in the transaction process where Solana is one of the fastest blockchains which can currently carry out a maximum of 50,000 transactions per second.

Solana is capable to change our financial future, provided we believe in it and continue accumulating by implementing Dollar Cost Average strategy (DCA). It is the one of the high speed chain with over 60,000 transactions per second. Today a new coin CHAINFLIP has been listed on kucoin, I believe it will work as cross chain bridge between various block chains, it seems good project, but make your own research before taking investment decision.

https://www.kucoin.com/announcement/en-chainflip-flip-gets-listed-on-kucoin-world-premiere

https://coindcx.com/blog/cryptocurrency/ethereum-vs-solana-vs-polygon/

I read your post about the upcoming Solana airdrop of Pyth and how it is similar to the previous Bonk airdrop.  It is hard to know  what will happen but it is possible that Pyth could be like Bonk. But I think Pyth will perform well as compare to the Bonk because the use case of Pyth is good and the supply is limited not like a meme coin if this coin will get hype so I am sure this will perform excellent and this can do 5x to 10x easily from the current price. And as you mentioned that 900+ wallet addresses got the airdrop unfortunately I am not one of them. I have many transactions on Solana network but this wasn't enough for the eligibility of airdrop.
By the way we should always involve with the networks because we can get Airdrop anytime.

I see a lot of good comments coming from users. Yes. A smart move from Soluna with the launch of The Pyth Network and now it is currently trading at the initial $0.33, down slightly around $0.4919 from the first listing price high of $0.5465 and the market is also quite busy trading this PYTH.

Well Solana is really going to break the internet if this happens. Investment manager VanEck believes that the project will be part of the crypto spot ETF filings next year.

VanEck is a longtime believer in the Solana project. It launched a Solana exchange-traded note on the German stock exchange Deutsche Börse back in year 2021.

https://www.binance.com/en/feed/post/1121520861705?ref=25201067