Zora, a well-known NFT platform, has officially announced the launch date of its new crypto token—the ZORA token. Mark your calendars: the token will go live on April 23, 2025. Along with this, Zora is planning a massive airdrop, giving away 10% of its total supply, which equals 1 billion ZORA tokens, to reward early and active users.
If you've used Zora in the past, you might be eligible for the upcoming Zora airdrop 2025. The airdrop is retroactive and will be distributed based on user activity during two key timeframes:
Zora is recognizing users who’ve supported the platform from the early days through to its latest developments. So if you’ve been minting NFTs, trading, or just engaging on the Zora Network, you might be in for a solid reward.
Here’s how Zora is distributing its 10 billion token supply:
This is considered a fair distribution model in the crypto world, especially for a platform with strong backing.
Related: Airdrops or ICOs: Which Crypto Investment Strategy Suits You Best?
Right now, ZORA tokens are trading at about $0.03 on pre-market platforms. That means this airdrop could be worth around $30 million. Zora’s fully diluted market cap is already sitting close to $300 million.
In more exciting news, Binance will officially list ZORA on Binance Alpha on April 23. As part of the listing celebration, Binance is also running a separate ZORA airdrop—giving away 4,276 ZORA tokens to users who have traded at least $50 on Alpha between March 22 and April 20, 2025.
Zora isn’t just another NFT marketplace—it’s a full-fledged NFT protocol. That means it allows creators and developers to build, launch, and sell NFTs in their way. Zora even integrated with Base, Coinbase’s layer-2 solution, to help bring NFT content on-chain.
One notable event was when Base used Zora to turn a social media post into a token, which went viral and saw $30 million in trading volume in just 12 hours. But after the hype, the token price crashed 99%, raising concerns about content coins and pump-and-dump schemes.
Although Base denied any wrongdoing, the incident started conversations about transparency in crypto projects, especially those powered by the Zora protocol.
According to Dune Analytics, the Zora Network has processed over 87 million transactions and attracts about 37,000 active addresses daily. But there’s a catch—daily active users have dropped by over 80% in the past year.
The downturn isn’t just about Zora. The NFT market in general is cooling. A recent Binance report showed that NFT sales volume dropped 12.4% across the top 10 blockchains last month. This suggests lower buyer interest as people wait to see where the market heads next.
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