Over Protocol, a Layer 1 blockchain launched on December 7, 2024, aims to bring decentralization to the masses. The project gained attention through its Ethanos technology, OverScape app, and strategic airdrop program.
Technical Achievements: Home Staking Takes Shape
Over Protocol focuses on making blockchain validation accessible by lowering hardware requirements. By efficiently managing data through Ethanos, the network operates on minimal PC hardware. Over 12,000 users tested home staking during Open Beta Testnet Season 1, showcasing its technical promise. Updates like the OverFlex Market, enabling purchases with OVER tokens, expand the project's ecosystem beyond just staking.
Mixed Reviews Amid OVER Decline
Community feedback has been mixed. By March 2025, OVER token prices had significantly declined, intensifying user doubts. Issues with the OverWallet app, particularly concerning airdrop criteria, have caused dissatisfaction, although the team has encouraged dialogue. Many users have criticized the team for a lack of transparency.
Looking Ahead: Can Over Protocol Recover?
Three months post-mainnet launch, Over Protocol has made advances in network accessibility. Despite community growth, current problems indicate a need for work on key elements to achieve its ambitious goals. To progress, Over Protocol must improve transparency, stabilize its network, and regain market momentum.
The first months for Over Protocol were marked by a blend of technical achievements and market struggles. Despite community growth, current issues highlight the need for focus on key areas to reach its ambitious goals.
