币界网报道:Newton Protocol's native token NEWT plummeted over 90% within hours of its airdrop launch on March 13, dropping from $0.30 to under $0.03. The Layer 2 protocol, which aims to improve Ethereum's scalability, distributed 10% of its 1 billion token supply to early users. While the team attributed the crash to "market dynamics," critics pointed to the lack of vesting schedules for team allocations (20%) and foundation reserves (15%) as potential red flags. Some community members also raised concerns about the project's tokenomics, noting that 55% of supply remains controlled by the team and foundation. Newton Protocol claims its technology can process 100,000 transactions per second with near-zero fees, positioning itself as a competitor to other Ethereum scaling solutions like Arbitrum and Optimism. The protocol's testnet went live in January 2024, with mainnet launch planned for Q2 2024.