According to @sns on Twitter, the Solana Name Service (SNS) has initiated its Genesis Airdrop, distributing 2 billion $SNS tokens, which represents 20% of the total supply, as part of its initial rollout (source: @sns, May 7, 2025). This large-scale airdrop marks a significant milestone for the Solana ecosystem, potentially increasing liquidity and engagement with Solana-based decentralized applications. Traders should monitor $SNS token listings and price action closely, as increased distribution may result in heightened volatility and trading opportunities across Solana and related DeFi projects. The event is expected to drive further user adoption and utility for Solana Name Service, reinforcing Solana’s position in the competitive blockchain naming sector.