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Solana Community Thrives as BC.GAME Launches Phase 2 of $BC Social Mining with 1B Token Rewards

Solana Community Thrives as BC.GAME Launches Phase 2 of $BC Social Mining with 1B Token Rewards

SOL News
Author:
SOL News
Release Time:
2025-05-05 20:02:42
0
[TRADE_PLUGIN]SOLUSDT,SOLUSDT[/TRADE_PLUGIN]

BC.GAME has kicked off the second phase of its highly anticipated $BC token social mining campaign, allocating another 1 billion $BC tokens to participants. This follows the success of Phase 1, which distributed 400 million $BC to over 100,000 Solana wallets earlier in 2025. The new campaign, which began on May 1, 2025, aims to further expand the $BC token ecosystem and reward community engagement.

BC.GAME Expands $BC Token Ecosystem with Phase 2 of Social Mining Campaign

BC.GAME has unveiled the second phase of its $BC mining event, commencing May 1, 2025. The initiative builds on the success of its predecessor, which drew thousands of participants with a 1 billion $BC prize pool and daily rewards. Earlier this year, the platform distributed 400 million $BC to Solana users, targeting over 100,000 wallets in a community airdrop.

The new campaign allocates another 1 billion $BC, releasing 50 million tokens daily. Since its debut last year, the $BC token has been central to BC.GAME’s strategy of merging social engagement with gaming—lowering entry barriers while fostering ecosystem growth.

Solana Whale Unstakes 12,296 SOL After 4 Years of Staking

A long-dormant Solana whale has resurfaced, unstaking 12,296 SOL ($1.78 million) after four years of inactivity. The whale initially staked 9,205 SOL, withdrawn from Binance U.S., and earned 3,091 SOL in rewards—netting a $1.74 million profit.

The move signals potential profit-taking or portfolio rebalancing amid Solana’s recent market performance. Such large-scale unstaking events often draw attention to underlying network dynamics and whale behavior.

Solana Eyes $900 Breakout Amid Key Resistance Test

Solana (SOL) shows signs of accumulation despite recent price pressure, with a 19.4% surge in trading volume signaling growing investor interest. The asset now faces a decisive technical battle at its 50-week moving average NEAR $170—a level that has historically capped rallies.

Analyst TradingShot identifies $97 as critical support should a pullback occur, but maintains a $900 price target contingent on SOL clearing the current resistance. Network activity and derivatives positioning suggest building momentum for a potential upside resolution.

Solana’s Fee Surge Fails to Ignite Price Rally Amid Network Challenges

Solana’s blockchain has generated $1.4 million in fees within 24 hours, outpacing competitors according to Artemis data. Yet this metric appears decoupled from SOL’s market performance, with the token dipping 3% weekly despite a minor 24-hour uptick.

Network fundamentals tell a cautionary tale. Declining active addresses and persistent negative netflows undermine the fee narrative. ’High fees don’t automatically translate to price appreciation,’ observes a blockchain analyst, noting the ecosystem’s struggle to convert technical activity into investor confidence.

The divergence highlights Solana’s complex position - technically active but facing headwinds in converting on-chain metrics into market momentum. Traders appear skeptical, with derivatives data showing muted positioning ahead of key network upgrades.

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