According to @sns, decentralized social platform Farcaster has officially launched on Solana, backed by SNS as the primary sponsor. SNS distributed $10,000 in SOL directly to 10,000 users, with notifications already sent out to recipients (source: @sns on Twitter, May 22, 2025). This direct token distribution demonstrates growing support for Solana ecosystem apps and could spur increased user activity and DeFi interactions on Solana, potentially driving short-term demand for both SOL and SNS-related assets.

According to sns.sol, Solana Name Service (.sol) domain ownership and ecosystem activity will soon directly impact user rewards. SNS confirmed on May 12, 2025, that both veteran and new .sol holders will benefit from upcoming missions, meaning users' .sol domains and interactions across Solana protocols could be monetized or incentivized. Traders should monitor for potential airdrops, staking, or reward mechanisms linked to .sol domains, which may drive increased demand for .sol registrations and activity across the Solana ecosystem. These developments could affect Solana token liquidity and attract new on-chain users. (Source: sns.sol via Twitter, May 12, 2025)