The latest cryptocurrency airdrops are attracting attention this week as Spark (SPK), Sonic (S), and LayerEdge (EDGEN) all draw interest with new distribution campaigns and ecosystem development. SPK recently launched on Ethereum, marking the expansion of DeFi and Spark's governance roadmap.
Sonic deployed an $82 million airdrop with an NFT-based vesting structure to reduce selling pressure. Meanwhile, LayerEdge leverages security linked to Bitcoin and zero-knowledge technology, although the EDGEN token is experiencing price pressure.
Spark (SPK)
Spark is an onchain asset allocator focused on DeFi, designed to deploy capital through 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 interest rates controlled by governance.
The SPK token powers the ecosystem, enabling staking, governance participation, and farming incentives. Currently, over $3.9 billion is deployed through 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 platform expansion. Although still in early trading, SPK has attracted attention through its airdrop campaign and governance roadmap.
Technically, if SPK regains positive momentum, it could immediately break through the resistance level at $0.056.
A stronger surge could push the price to $0.0659, but sustainability will depend on broader ecosystem attraction and participation in staking and governance as those features are activated.
Sonic (S)
Sonic, previously known as Fantom, has launched a massive $82 million airdrop campaign to distribute over 190 million S tokens across multiple seasons.
The airdrop has a unique vesting structure—25% of tokens are immediately liquid, while the remaining 75% are locked in tradable NFTs for 270 days. Users can unlock these tokens early, but doing so triggers a burning penalty to minimize short-term profit-taking and reduce selling pressure.
Participation criteria include various community members, including Sonic Point holders, Opera users, Sonic Arcade players, and Shard NFT minters.
S price analysis. Source: TradingView.Despite a 30% price drop in the past month, Sonic's ecosystem continues to expand, with total value locked (TVL) exceeding $870 million and daily active addresses increasing to over 50,000.
Technically, Sonic is currently holding an important support near $0.312—if this level fails, the token risks falling below $0.30 for the first time.
However, if momentum changes, the resistance threshold is at $0.341, and a strong surge could push the price to $0.40 or even $0.541.
LayerEdge (EDGEN)
LayerEdge introduces a new security architecture combining Bitcoin's proven consensus mechanism with a distributed verification model.
By anchoring its operations to Bitcoin's blockchain and using lightweight nodes through its exclusive edgenOS operating system, LayerEdge avoids centralized failure points and enhances scalability.
EDGEN price analysis. Source: TradingView.The integration of zero-knowledge cryptography ensures computational integrity, providing mathematical proof of precise execution.
Despite the technical strengths of its infrastructure, EDGEN—LayerEdge's native token—has experienced significant price pressure, dropping over 13% in the past 24 hours and more than 25% in the past week.
If the current downward trend continues, the token may test an important support level around $0.095. However, if sentiment changes, EDGEN could retest the resistance threshold at $0.0118, potentially signaling a short-term recovery.
