🚀 In one of the largest token airdrops to take place on the Solana {{SOL}} blockchain, Jupiter has begun distributing approximately $700 million worth of JUP tokens to almost one million wallets.
💹 The value of the JUP token began to rise rapidly as of 10:00 AM ET (15:00 UTC) and is currently at $0.72.
🔗 Based on the intense activity around JUP, the Solana network has successfully processed users claiming the token and quickly trying to trade on DEXs.
👥 However, during the first 30 minutes of the airdrop, some RPC nodes had difficulty coping with user demands.
🎉 Jupiter has allocated a large portion to distribute tokens to users who transact through the routing service that is involved in most on-chain exchanges on Solana.
💰 Even small investors bought hundreds of dollars worth of tokens from Jupiter in January. The minimum payout was 200 JUP and is currently worth about $140.
🗣️ Do you think this airdrop was a successful test for Solana and Jupiter? We are waiting your comments! 👇