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Drift, a Solana-based DEX protocol, is set to launch its token and airdrop 100 million DRIFT tokens to users. The token launch and airdrop are expected to occur in the coming weeks, Drift co-founder Cindy Leow told The Block.

The data indicates a clear trend of accumulation among large Bitcoin holders.



Bitcoin supply on exchanges by long-term investors has fallen to its lowest levels in 18 months, Bitfinex analysts said.Coupled with the supply constraint from the upcoming halving, this dynamic could lead to further price growth, the analysts added.

The block reward halving’s impact on mining profitability could prompt Bitcoin miners to look for more sustainable energy sources, turning the grid more sustainable.