January airdrops to distribute $625M in JUP and 7% of SONIC supply

Users within the Solana (CRYPTO:SOL) ecosystem are set to receive two major airdrops in January, totaling hundreds of millions in tokens.

The first airdrop will come from Sonic (CRYPTO:SONIC), a Solana layer-2 gaming network, which plans to distribute 7% of its native SONIC token supply to eligible users on January 7.

Sonic’s airdrop will involve 7% of the total supply, or approximately 168 million SONIC tokens, being distributed.

Only 15% of the total supply of 2.4 billion SONIC tokens will be available for trading on the day of the airdrop.

A portion of the tokens, around 8%, will be pre-allocated to early supporters, while 7% will be airdropped to users who qualify.

To qualify for this airdrop, users must have been onboarded through the TikTok platform, as Sonic integrated its SonicX game into TikTok to reward active participants.

Sonic raised $12 million in a Series A funding round in June 2024 and has partnered with Solana staking layer Solayer.

The second major airdrop comes from Jupiter, a decentralised exchange aggregator on Solana.

Jupiter (CRYPTO:JUP) is preparing to distribute approximately $625 million worth of JUP tokens through its “JUPuary” airdrop.

The platform plans to send out 700 million JUP tokens to eligible users in January.

Users with over $800 in trading volume will receive 50 JUP, while those with up to $14 million in trading volume could receive as much as 20,000 JUP tokens.

Additionally, users who interacted with certain features, such as Perps or limit orders, will be eligible for further rewards.

At the time of reporting, the Jupiter price was $0.9023, and the Sonic Solana price was $0.0001052.