Solana News: Paws Token Listing Approaches, Airdrop Claim Period Now Open on Phantom Wallet

Exciting news for the Solana ecosystem as the highly anticipated Paws token listing draws near. With the airdrop claim period now open on the Phantom wallet, eligible users are rushing to claim their share of the community airdrop. Here’s a summary of the key details and developments related to this event.

Paws Listing Date 8 Days Away: $PAWS Claim Date Active on Phantom

The Paws airdrop checker is now live on the Phantom wallet. Eligible users can check and claim their Paws community airdrop seamlessly. The excitement around PAWS token claim is growing as the listing date nears. The claim period started today and will close on March 15. Phantom is a popular Solana wallet with browser extensions and mobile apps. To trade PAWS tokens, users need to log in to their Phantom app or extension, click the ’Swap’ tile, select the token for trade, and follow further steps.

Solana’s Weekly Revenue Plummets 93% as Meme Coin Frenzy Fades

Solana’s on-chain revenue has sharply declined over the past two months, with weekly network revenue hitting an all-time high of $55.3 million in mid-January driven by meme coin minting. However, revenue has since plunged 93% to just $4 million last week, according to DeFiLlama data. Additionally, Solana’s decentralized application (DApp) revenue has dropped 86% from $238 million in January to $32 million last week. Total value locked (TVL) in Solana’s DeFi ecosystem has also been cut nearly in half, falling from $12 billion to approximately $6.4 billion over the same period.

Solana Crashes 60% in 2025 – Could SOL Collapse to $30 Again?

Solana (SOL) is currently under heavy sell pressure, down more than 60% from its January highs NEAR $300. The price is hovering around $110, probing its mid-2024 lows. A break below this level could lead to a swift drop towards $80 per coin. The decline in Solana’s price is in tandem with the broader crypto market, which is being affected by macroeconomic factors. US equity markets have been experiencing sell-offs due to concerns about the Trump administration’s economic policies, including deficit reduction and trade wars.

Solana Surpasses $1B in Stablecoin Inflows, Lightchain AI Secures $17M Funding

Solana has surpassed $1 billion in stablecoin inflows, signaling strong investor confidence. Meanwhile, Lightchain AI has secured $17.3 million in funding at a presale price of $0.006. Both projects are gaining attention, but Lightchain AI stands out with its unique combination of AI and blockchain technology. As Solana dominates the stablecoin market, Lightchain AI is positioning itself for explosive growth in 2025, offering a promising opportunity for high returns in the crypto space.