Several major crypto projects are winding down their DAOs, citing the need for more effective governance. Once seen as the future of decentralization, DAOs now suffer from low participation and stalled decisions—raising the question: if no one’s steering the DAO, should it still stand?

Token burns, buy-backs, swap-fee increases, and major acquisitions see the Solana-based protocol soar.

Over 400,000 users have claimed the airdrop, leaving 40% still up for grabs. Despite the high demand, Solana’s network remained stable, indicating that previous challenges have been effectively addressed.