Over Protocol launched its mainnet on Layer 1 blockchain, drawing attention with innovative Ethanos technology and OCAP rollout. The project raised $8 million, building an engaged community. But did it meet expectations months after the launch?
Technical Achievements: Home Staking Takes Shape
Over Protocol aims to simplify blockchain validation by reducing hardware demands. Ethanos efficiently manages data, requiring only a dual-core CPU, 8GB RAM, and 50GB SSD at a minimum, though 4+ cores and 16GB RAM are recommended. Over 12,000 users tested home staking during the Open Beta Testnet Season 1. Recent updates, like the OverFlex Market, demonstrate ecosystem expansion beyond staking into practical DeFi applications. Yet, operational hiccups, like delays in app updates, suggest the network still needs stabilization.
Mixed Reviews Amid OVER Decline
Community feedback is varied. Over Protocol keeps users engaged with updates, such as the March 18, 2025, announcement of the Over The Rainbow program. However, App Store reviews highlight dissatisfaction with airdrop criteria, causing tension. The OVER token price, which dropped to $0.02866, has sharply declined from a peak of $0.207183, raising questions about the project's progress.
Looking Ahead: Can Over Protocol Recover?
Three months into its mainnet journey, Over Protocol has advanced accessibility. Home staking functions, and the ecosystem is growing through partnerships like iZUMi Farm. Yet, it falls short of the high pre-launch expectations, facing token price swings and community trust issues. Improving transparency, stabilizing its network, and regaining market momentum are crucial for success. Currently, it illustrates the gap between ambition and blockchain adoption reality.
Despite impressive technical achievements and community growth, the project faces market challenges and user discontent. It's a work in progress, and success will depend on overcoming current obstacles. In a competitive landscape, it's a cautionary tale of ambition meeting harsh adoption realities.
