The launch of Over Protocol's mainnet in December 2024 came with high promises and great expectations. The project aimed to simplify blockchain access for everyone with its Ethanos technology and OverScape app. However, three months later, questions remain about how well the project is delivering on its promises.
Technical Achievements: Home Staking Takes Shape
At its core, Over Protocol aimed to simplify blockchain validation by reducing hardware demands. Using Ethanos, data is managed efficiently across layers, requiring only a dual-core CPU, 8GB RAM, and 50GB SSD at minimum. More than 12,000 users tested home staking during the Open Beta Testnet. Recent updates, like the OverFlex Market, expand the ecosystem toward practical DeFi applications. However, delays in app updates suggest the need for network stabilization.
Mixed Reviews Amid OVER Decline
Community feedback on Over Protocol is varied. The project's X account keeps followers engaged with updates. However, App Store reviews highlight user frustration over unclear airdrop eligibility criteria, with some calling the team 'deceptive.' The OVER token's price trajectory shows a decline, trading at $0.02866 USD as of March 24, 2025, significantly down from its peak of $0.207183.
Looking Ahead: Can Over Protocol Recover?
Three months into its mainnet journey, Over Protocol has made progress in accessibility and ecosystem growth but faces challenges. The token's price slump, user dissatisfaction, and operational delays indicate a project still finding its footing. For long-term success, it needs to focus on user trust and network stability. Currently, Over Protocol represents a story of ambition meeting blockchain realities.
Since the mainnet launch, Over Protocol has delivered on several goals but also faced significant challenges. For further growth, the project needs to focus on enhancing user trust and operational stability. Over Protocol shows potential but requires improvements.
