Moonbirds Announces $BIRB Token Launch on Solana

Announcement at Token2049 Singapore

Moonbirds, one of the most popular NFT collectibles originally launched on Ethereum, has just announced the launch of its native token $BIRB on the Solana blockchain. The move marks a major milestone for the project as it seeks to rebuild community engagement, expand into DeFi, and align with Solana's rapidly growing NFT and gaming ecosystem.

Since its inception, Moonbirds has become a symbol of NFT cultural capital, backed by Proof Collective and widely recognized for its artistry and membership-based exclusivity. However, like many other Ethereum-based NFT projects, Moonbirds has faced challenges amid declining trading volumes and shifting community dynamics.

By launching $BIRB on Solana, Moonbirds is:

• Tap into Solana's booming NFT marketplace, which recently surpassed Ethereum in terms of number of traders and transaction volume.

• Leverage Solana's low fees and high throughput to enable utility-based tokennomics (such as staking, in-game assets, and loyalty systems).

• Expanding further, beyond the scope of “just an NFT collection”, towards a comprehensive ecosystem integrating DeFi, gaming and token-gated experiences.

Moonbirds Roller Coaster

Launched in April 2022 by PROOF Collective (acquired by Yuga Labs in 2023), Moonbirds minted 10,000 spawns at 2.5 ETH each, peaked at $33 million in trading volume on its first day, and hit a floor of 35 ETH amid the highly anticipated BAYC. The initial utility—adding to airdrops and Oddities expansion—fueled $1 billion in lifetime sales, but the crypto winter of 2023 cut its wings: The floor dropped 95% to 0.5 ETH amid a more subdued NFT market.

The 2024 integration with the Otherside metaverse and AI-driven “Moonbird Visions” tools pushed the exchange to 2 ETH. Now, $BIRB is fueling the rocket, similar to $PENGU’s 10x growth after launching on Solana. With over 8,500 unique holders (according to OpenSea), the ecosystem boasts $150 million in secondary trading volume to date—a time ripe for token-fueled liquidity.

Shaping Blue-chip memecoin

Strategically, $BIRB uses Moonbirds lore—Yuga's IP power—to weaponize Solana's meta-meme, where $WIF and $POPCAT hold over $2 billion in market capitalization. Governance via DAO votes could fund "Birbhalla 2.0" events or AI owl generators, while staking yields (specified at 10-15% APY) attract yield farmers. In the context of ETF inflows ($3 billion per week) and NFT TVL at $1.2 billion, this connects blue-chip to retail adoption—potentially doubling Moonbirds' $400 million market cap.

Evaluation and Conclusion

The launch of $BIRB on Solana is more than just a token launch — it’s Moonbirds’ attempt to grow into a cross-chain financial and cultural ecosystem. By integrating fungible tokens, Solana-native DeFi, and NFT culture, Moonbirds is betting on cross-chain expansion as a way to stay relevant in the increasingly competitive NFT market.

Disclaimer: The information presented in this article is the author's personal opinion in the cryptocurrency field. It is not intended to be financial or investment advice. Any investment decision should be based on careful consideration of your personal portfolio and risk tolerance. The views expressed in this article do not represent the official position of the platform. We recommend that readers conduct their own research and consult with a professional before making any investment decisions.