Solana Name Service Launches SNS Token, Shares 40% Airdrop to Users!

Updated

May 8, 2025

Gambar Solana Name Service Launches SNS Token, Shares 40% Airdrop to Users!

Jakarta, Pintu News – Solana Name Service, Solana’s blockchain-based domain name service, recently announced the launch of its SNS token.

This move is considered an important strategy to increase engagement and service to the .sol domain holder community. With a total supply of 10 billion tokens, SNS is expected to strengthen Solana’s position in the decentralized identity space.

Check out the full information here!

THE SOLANA NAME SERVICE IS LAUNCHING A NEW TOKEN: $SNS.

40% of the supply is being dropped to early & new supporters.

Identity on @solana isn’t coming. It’s here. pic.twitter.com/Dmgu4teqYD
— sns.sol (@sns) May 6, 2025

Solana Name Service has officially launched the SNS token as part of their efforts to further integrate the .sol domain user community. This token launch marks a new era in the management and operation of domain name services on the Solana blockchain.

The token is designed to provide more control and benefits to domain holders, as well as to increase participation in the Solana ecosystem. With a total supply of 10 billion tokens, SNS promises a sustainable and inclusive economy.

The tokenomics structure designed by Solana Name Service aims to ensure that all stakeholders can actively participate in the development and sustainability of the platform.

Also read: Bitcoin wallet that slept for 12 years is active again, moving $324 million!

A total of 40% of the total SNS token supply was allocated for the airdrop, which has created a wave of excitement among the Solana community. According to the official sns.sol website, .sol domain owners, those who have built using SNS, or who supported the project during the bear market period, are eligible for a share of this airdrop.

This provides an opportunity for users who have invested early on to earn significant rewards. This airdrop not only increases user trust and loyalty, but also poses challenges such as price volatility and selling pressure that may occur after token distribution.

Implications and Future Expectations

Solana Name Service aka @sns is launching a new SOL token $SNS

(For OGs, @sns used to be Bonfida)

A generous 40% of the supply is being dropped to early and new supporters!!

I cannot believe I’m about to get a huge airdrop for stuff I bought 4 years ago pic.twitter.com/TCKMaJxQ9i
— Solana Sensei (@SolanaSensei) May 6, 2025

Solana Name Service’s launch of the SNS token is expected to drive the growth of the .sol ecosystem and strengthen Solana’s position in the decentralized identity industry. The token provides an opportunity for domain holders to be more involved in the decision-making and development of the platform.

In addition, with the SNS token, Solana Name Service has the potential to attract more users and developers into its ecosystem. However, it is important for the community to remain aware of potential short-term risks such as sharp price fluctuations.

The long-term success of the SNS token will largely depend on its effective adoption and integration in various applications and services on the Solana blockchain.

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