Latest crypto airdrops are in focus this week as Spark (SPK), Sonic (S), and LayerEdge (EDGEN) each gain traction with fresh distribution campaigns and ecosystem developments. SPK recently launched on Ethereum, anchoring Spark’s DeFi expansion and governance roadmap.
Sonic rolled out an $82 million airdrop with an NFT-based vesting structure to curb sell pressure. Meanwhile, LayerEdge leverages Bitcoin-linked security and zk technology, though its token EDGEN is under pressure after sharp price drops.
Spark (SPK)
Spark is a DeFi-focused onchain asset allocator designed to deploy capital across decentralized finance, centralized finance, and real-world assets (RWAs).
SPK operates through key products like SparkLend and Spark Savings, allowing users to earn competitive yields on stablecoins or borrow assets like USDC and USDS with governance-controlled interest rates.
The SPK token powers the ecosystem, enabling staking, governance participation, and farming incentives. It currently has over $3.9 billion deployed across its liquidity and savings layers.
SPK Price Analysis. Source: TradingView.
SPK, Spark’s native token, recently launched on Ethereum and plays a central role in the platform’s expansion. While still in early trading phases, SPK has drawn attention through its airdrop campaign and governance roadmap.
Technically, if SPK regains positive momentum, it could break through its immediate resistance at $0.056.
A stronger rally may carry the price toward $0.0659, but sustainability will depend on broader ecosystem traction and participation in staking and governance once those features go live.
Sonic (S)
Sonic, the layer-1 blockchain formerly known as Fantom, has launched a major $82 million airdrop campaign to distribute over 190 million S tokens across multiple seasons.
The airdrop features a unique vesting structure—25% of tokens are immediately liquid, while the remaining 75% are locked in tradable NFTs over 270 days. Users can unlock these tokens early, but doing so triggers a burn penalty, discouraging short-term profit-taking and aiming to reduce sell pressure.
Eligibility spans a broad range of community participants, including Sonic Point holders, Opera users, Sonic Arcade players, and Shard NFT minters.
S Price Analysis. Source: TradingView.
Despite a 30% price decline over the past month, Sonic’s ecosystem continues to expand, with its total value locked (TVL) surpassing $870 million and daily active addresses climbing above 50,000.
Technically, Sonic currently holds a key support near $0.312—if this level fails, the token risks falling below $0.30 for the first time.
However, if momentum turns, resistance lies at $0.341, and a strong rally could lift prices to $0.40 or even $0.541.
LayerEdge (EDGEN)
LayerEdge Network introduces a novel security architecture that blends Bitcoin’s time-tested consensus mechanism with a distributed verification model.
By anchoring its operations to Bitcoin’s blockchain and utilizing lightweight nodes through its proprietary edgenOS, LayerEdge avoids centralized points of failure and enhances scalability.
EDGEN Price Analysis. Source: TradingView.
The integration of zero-knowledge cryptography further ensures computational integrity, providing mathematical proof of correct execution.
Despite the technical strengths of its infrastructure, EDGEN—the native token of LayerEdge—has seen notable price pressure, falling over 13% in the past 24 hours and more than 25% over the last week.
If the current downtrend persists, the token could test a key support level around $0.095. However, a reversal in sentiment could see EDGEN retest resistance at $0.0118, potentially signaling a short-term recovery.
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