According to @onchain_wallet, traders can earn a share of $5,000 in SNS tokens by connecting their Onchain wallet to Galxe and completing a set of quick tasks between May 21 and June 4, 2025. This campaign, promoted by SNS and Solana, may increase on-chain activity and trading volume for SNS, as users are incentivized to interact with the ecosystem. Such reward campaigns often lead to short-term liquidity events and higher volatility, which could create trading opportunities for active crypto market participants (source: @onchain_wallet on Twitter).

According to sns.sol on Twitter, over 27,000 wallets have claimed more than 630 million $SNS tokens as of May 19, 2025, marking a significant milestone in the SNS token distribution phase (sns.sol, 2025-05-19). With the foundation set, this large-scale airdrop signals increased liquidity and wider holder distribution, likely driving short-term volatility and heightened trading activity for $SNS. Active traders should monitor subsequent ecosystem developments as new projects and utilities leveraging SNS may provide fresh trading opportunities and impact related Solana-based assets.