As the crypto market enters a new phase of growth, anticipation around upcoming token launches and airdrops is stronger than ever. With the bull cycle gaining momentum, identifying promising projects before they issue native tokens can offer significant advantages for early adopters and strategic participants.
This comprehensive guide highlights 40 high-potential blockchain projects that have not yet launched their official tokens but are actively building ecosystems, rewarding user engagement, and showing strong signals of future token distribution. These projects span layer-1 and layer-2 networks, decentralized exchanges, lending protocols, interoperability solutions, and more — all positioned at the forefront of innovation.
Whether you're a developer, investor, or active DeFi user, understanding these emerging platforms can help you stay ahead of the curve.
👉 Discover how to track next-gen blockchain opportunities before token launch
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- crypto airdrop 2025
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- layer 2 crypto projects
- re-staking protocols
- Web3 infrastructure
Tremendous Potential: Projects Most Likely to Airdrop
These are the frontrunners — well-funded, widely adopted, and already rewarding early users through incentive programs or confirmed airdrops.
Aevo (@aevoxyz)
Aevo is a derivatives Layer 2 built using Arbitrum Orbit, designed for fast and capital-efficient trading. The team has officially confirmed an upcoming token airdrop for active traders and testers. With strong backing and growing trading volume, Aevo stands out as one of the most anticipated launches.
Fuel Network (@fuel_network)
Fuel is a modular, high-performance Layer 2 framework enabling developers to build optimized rollups. Its permissionless testnet allows anyone to deploy applications, and community participation is being tracked for potential future rewards.
Aleo (@AleoHQ)
Focusing on privacy-first computing, Aleo operates as a zk-powered Layer 1 blockchain. Currently in testnet phase, it uses zero-knowledge proofs to enable private smart contracts. Given its unique tech stack and developer incentives, a token launch appears imminent.
EigenLayer (@eigenlayer)
EigenLayer revolutionized Ethereum security with its restaking mechanism, allowing users to secure additional protocols using staked ETH. Its Points program actively tracks contributions across multiple chains, signaling a clear path toward tokenization.
Monad (@monad_xyz)
Backed by former team members from Solana and Jump Trading, Monad is an EVM-compatible Layer 1 aiming to process 10,000+ TPS while maintaining full Ethereum compatibility. Though still in development, its technical ambitions and strategic partnerships make it a top-tier contender.
Avail Project (@AvailProject)
Avail provides a modular data availability layer for rollups and appchains. It runs its own incentivized testnet campaigns and has demonstrated consistent progress toward mainnet launch — increasing odds of a future airdrop.
Puffer Finance (@puffer_finance)
As a leading restaking protocol integrated with EigenLayer, Puffer enhances liquidity for restakers. Users earn both EigenPoints and Puffer-specific points, indicating dual incentive alignment and possible dual-token distribution.
Hyperlane (@Hyperlane_xyz)
Hyperlane offers a permissionless interoperability layer connecting multiple blockchains securely. With cross-chain messaging already live and an active points system tracking usage, it's poised for a major ecosystem rollout.
Backpack (@Backpack)
More than just a wallet, Backpack is a full-featured exchange built on Solana. After raising $37 million and confirming an airdrop, it’s become one of the most watched projects in the Solana ecosystem.
Taiko (@taikoxyz)
Taiko delivers a fully Ethereum-equivalent ZK-Rollup solution. Its testnet phases (Katana series) have rewarded thousands of participants, with mainnet rewards expected between Q1 and Q2 2025.
Scroll (@Scroll_ZKP)
Scroll is developing an EVM-equivalent ZK-Rollup focused on scalability without sacrificing security. Active participation in testnets and bridge usage contributes to eligibility for future token claims.
Metis L2 (@MetisL2)
Metis operates as a decentralized optimistic rollup with its own sequencer network. Testnet contributors have already received rewards, reinforcing expectations of formal token issuance.
Polyhedra Network (@PolyhedraZK)
Polyhedra enables cross-chain messaging via zk-light clients. Its Panda NFT campaign set precedent for community rewards — suggesting similar mechanisms may apply when tokens go live.
High Potential: Strong Signals of Future Token Launch
These projects show robust activity, clear incentive models, and growing communities — all indicators of likely token distribution.
Swell Network (@swellnetworkio)
Swell offers liquid staking for Ethereum with its LST (ETHx), tracking user deposits and interactions via a dedicated points system. A token launch would align perfectly with its decentralization roadmap.
Parcl (@Parcl)
Parcl brings real-world real estate trading on-chain through price-perpetuals. With a confirmed token model and active trading rewards, users are already positioning for early access.
Initia (@initiaFDN)
Supported by Binance Labs, Initia combines rollup orchestration with Cosmos SDK flexibility. Its unified appchain environment is ideal for scalable dApps — and likely to include token incentives.
Polymer Labs (@Polymer_Labs)
Polymer connects Ethereum and Layer 2s through a universal interop layer. The waitlist sign-up and early developer grants suggest upcoming token utility.
Drift Protocol (@DriftProtocol)
A leading on-chain perpetual DEX on Solana, Drift tracks user volume and governance participation for future rewards. A Q2 2025 token launch is widely expected.
👉 Learn how to participate in next-gen DeFi platforms before they go live
Frequently Asked Questions
Q: How do I know if a project will actually launch a token?
A: Look for signs like public points systems, team statements about decentralization, community incentives, or past airdrops. Projects actively tracking user behavior often reward early adopters.
Q: Are all these projects guaranteed to issue tokens?
A: No — while many show strong signals (incentive programs, funding, ecosystem growth), nothing is guaranteed until officially announced.
Q: Should I invest time or capital in these platforms now?
A: Participation carries risk but also opportunity. Focus on platforms where you'd naturally use services — avoid excessive gas spending solely chasing potential drops.
Q: What’s the best way to track my activity across multiple testnets?
A: Use tools like Galxe or LayerZero’s OmniScan to monitor credentials and points earned across ecosystems.
Q: Can using multiple wallets increase my chances?
A: Not necessarily — many teams use sophisticated Sybil resistance mechanisms. Genuine long-term engagement matters more than quantity.
Q: Is restaking safe on emerging protocols?
A: While restaking amplifies yield potential, it also increases exposure to smart contract and slashing risks. Always assess protocol audits and insurance coverage.
Higher Potential: Emerging Ecosystem Players
Even earlier-stage projects can yield outsized returns if they gain traction.
Orbiter Finance (@Orbiter_Finance)
A top decentralized cross-chain bridge with integrated point tracking for bridging activity across zkSync, Arbitrum, Optimism, and others.
Quai Network (@QuaiNetwork)
A PoW-based sharded Layer 1 running the Galaxy testnet campaign, encouraging node operation and mining participation.
Marginfi (@marginfi)
Solana’s leading lending protocol with deep integration into Backpack wallet — both teams are expected to launch tokens soon.
Renzo Protocol (@RenzoProtocol)
A restaking interface for EigenLayer with over $700M TVL. Its EZ points system tracks deposits across various liquid staking tokens.
Kizuna Finance (@kinzafinance)
BNB Chain’s native lending market backed by Binance — high likelihood of official listing due to exchange support.
ZeroLend (@zerolendxyz)
Lending protocol across zkSync, Blast, and Manta, rewarding lenders and borrowers with loyalty points.
Ambient Finance (@ambient_finance)
An innovative DEX protocol offering capital-efficient markets on Blast, Scroll, and Ethereum — tracking user trades for future rewards.
Meteora (@MeteoraAG)
Introduces dynamic liquidity vaults on Solana — one of the first protocols to offer algorithmic liquidity strategies.
Pike Finance (@PikeFinance)
Cross-chain lending platform powered by Wormhole, with native points awarded for borrowing and supplying assets.
KelpDAO (@KelpDAO)
Offers liquid restaking tokens (LRTs) for ETH stakers across multiple derivatives (stETH, rETH), tracking participation via Kelp Points.
Nibiru Chain (@NibiruChain)
A Cosmos-based L1 focused on composable smart contracts with plans for community incentives and chain-specific dApps.
KiloEx Perp (@KiloEx_perp)
Perpetual DEX on BNB Chain, opBNB, and Manta — supported by Binance Labs with active trading competitions.
👉 Start exploring emerging Web3 ecosystems before token distribution begins