- This campaign runs from November 19 to December 3.
- Eligible users must purchase or deposit more than $50 worth of SOL using the Crypto.com app.
- The top 2,000 participants will each receive $10 in ETH.
As the broader market seeks a foothold with Bitcoin near $90,000, Crypto.com has announced an attractive opportunity for its users.
The exchange posted on X on November 19 to confirm the launch of its SOL App Campaign, offering a $20,000 Ethereum prize pool for users who interact with SOL.
The SOL App Campaign is live ⚡️
Stand a chance to win from a US$20,000 $ETH prize pool by depositing or purchasing at least US$50 worth of $SOL ☀️
The top 2,000 users ranked by their SOL purchases + deposits will each earn US$10 in ETH 💠
🗓️ Ends 3 Dec
Details + T&Cs.
Solana has been one of the hottest tokens in recent weeks, supported by its reputation, a booming Web3 and DeFi ecosystem, and its scalability.
Crypto.com’s campaign invites both newcomers and experienced traders to explore the Solana blockchain.
How the SOL App Campaign Works
The initiative asks participants to purchase or deposit SOL tokens into the Crypto.com app during the campaign period.
The exchange will rank users by the total value of their SOL purchases and deposits.
The top 2,000 participants will each receive $10 worth of ETH, which will be credited to their Crypto.com App accounts within three months after the campaign ends.
Crypto.com will notify qualifying recipients by email 14 days after the reward distribution is complete.
The ETH-to-USD conversion used for the payouts will reflect the market exchange rate at the time of distribution.
With this structure, Crypto.com aims to reward active engagement and encourage users to experience Solana’s speed and its thriving dApp ecosystem while receiving Ethereum as an incentive.
What’s Next?
Crypto.com’s Solana campaign is more than a chance for users to earn Ethereum; it represents a strategic effort to increase blockchain adoption and boost user engagement.
The exchange is incentivizing user activity with tangible rewards, reinforcing its role as a platform that facilitates trading while actively supporting the crypto community.
The SOL App Campaign allows individuals to interact with a growing blockchain and potentially increase their ETH balances.
Solana continues to expand as a blockchain powerhouse, while Ethereum remains the second-largest crypto project by market prominence.
Anyone interested in taking advantage of this offer can install the Crypto.com app, access Solana, and join the campaign.
The promotion ends next month on December 3, with $20,000 in Ethereum up for grabs.
SOL and ETH Price Trends
Altcoins have generally maintained an upward trajectory as they attempt to recover from the recent broader market downturn.
Solana rose more than 2% in the past 24 hours to $140.
Meanwhile, Ethereum gained about 1.7% in the same period, trading near $3,091 at the time of reporting.
Both assets show declining 24-hour trading volumes, reflecting broader market fragility.
However, Tom Lee of Fundstrat expects Ethereum to have hit its low this week, citing a robust ecosystem (TVL) and its ratio to Bitcoin.
Lee believes ETH could eventually rally toward a new all-time high around $12,000. A sustained Ethereum rally would likely drive a sharp upside move for altcoins, including SOL.