diff --git a/package-lock.json b/package-lock.json
index c8b864e..eebbca7 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "plotlink",
-  "version": "1.37.0",
+  "version": "1.38.0",
   "lockfileVersion": 3,
   "requires": true,
   "packages": {
     "": {
       "name": "plotlink",
-      "version": "1.37.0",
+      "version": "1.38.0",
       "workspaces": [
         "packages/*"
       ],
diff --git a/package.json b/package.json
index b8b2820..af6351e 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "plotlink",
-  "version": "1.37.0",
+  "version": "1.38.0",
   "private": true,
   "workspaces": [
     "packages/*"
diff --git a/src/app/airdrop/AirdropStateMachine.tsx b/src/app/airdrop/AirdropStateMachine.tsx
index d93702b..bf5d8d5 100644
--- a/src/app/airdrop/AirdropStateMachine.tsx
+++ b/src/app/airdrop/AirdropStateMachine.tsx
@@ -105,7 +105,7 @@ export function AirdropStateMachine() {
     return (
       <>
         <CampaignHero />
-        <div className="mt-8">
+        <div className="mt-8 space-y-4">
           {!isConnected ? (
             <div className="border-border rounded border p-8 text-center">
               <p className="text-muted text-sm">Connect your wallet to get started.</p>
@@ -113,6 +113,7 @@ export function AirdropStateMachine() {
           ) : (
             <ActivationFlow onActivated={onActivated} />
           )}
+          <MilestoneClimb dimmed />
         </div>
       </>
     );
diff --git a/src/components/airdrop/MilestoneClimb.tsx b/src/components/airdrop/MilestoneClimb.tsx
index f74e5c2..82f2f05 100644
--- a/src/components/airdrop/MilestoneClimb.tsx
+++ b/src/components/airdrop/MilestoneClimb.tsx
@@ -1,10 +1,148 @@
 "use client";
 
-export function MilestoneClimb() {
+import { useEffect, useState } from "react";
+import { useAccount } from "wagmi";
+
+interface StatusData {
+  currentFdv: number;
+  milestones: {
+    bronze: { mcap: number; pct: number; reached: boolean };
+    silver: { mcap: number; pct: number; reached: boolean };
+    gold: { mcap: number; pct: number; reached: boolean };
+    diamond: { mcap: number; pct: number; reached: boolean };
+  };
+}
+
+interface ProjectionData {
+  projected_share: { bronze: number; silver: number; gold: number; diamond: number };
+}
+
+interface MilestoneClimbProps {
+  dimmed?: boolean;
+}
+
+const TIERS = ["bronze", "silver", "gold", "diamond"] as const;
+const TIER_LABELS: Record<typeof TIERS[number], string> = {
+  bronze: "Bronze",
+  silver: "Silver",
+  gold: "Gold",
+  diamond: "Diamond",
+};
+
+function formatMcap(n: number): string {
+  if (n >= 1_000_000) return `$${(n / 1_000_000).toFixed(0)}M`;
+  if (n >= 1_000) return `$${(n / 1_000).toFixed(0)}K`;
+  return `$${n}`;
+}
+
+export function MilestoneClimb({ dimmed }: MilestoneClimbProps) {
+  const { address, isConnected } = useAccount();
+  const [status, setStatus] = useState<StatusData | null>(null);
+  const [projection, setProjection] = useState<ProjectionData | null>(null);
+
+  useEffect(() => {
+    fetch("/api/airdrop/status")
+      .then(r => r.ok ? r.json() : null)
+      .then(d => setStatus(d))
+      .catch(() => {});
+  }, []);
+
+  useEffect(() => {
+    if (!isConnected || !address || dimmed) return;
+    fetch(`/api/airdrop/projection?address=${address.toLowerCase()}`)
+      .then(r => r.ok ? r.json() : null)
+      .then(d => setProjection(d))
+      .catch(() => {});
+  }, [isConnected, address, dimmed]);
+
+  if (!status) {
+    return (
+      <div className="border-border rounded border p-4">
+        <h3 className="text-accent mb-1 text-xs font-bold uppercase tracking-wider">Milestone Climb</h3>
+        <p className="text-muted text-xs">Loading...</p>
+      </div>
+    );
+  }
+
+  const { milestones, currentFdv } = status;
+  const tierData = TIERS.map(tier => ({
+    key: tier,
+    label: TIER_LABELS[tier],
+    mcap: milestones[tier].mcap,
+    pct: milestones[tier].pct,
+    reached: milestones[tier].reached,
+    share: projection?.projected_share[tier] ?? 0,
+  }));
+
+  const minMcap = tierData[0].mcap;
+  const maxMcap = tierData[tierData.length - 1].mcap;
+  const logMin = Math.log10(minMcap * 0.5);
+  const logMax = Math.log10(maxMcap * 1.5);
+  const logRange = logMax - logMin;
+
+  const svgW = 300;
+  const svgH = 160;
+  const padX = 40;
+  const padY = 20;
+  const chartW = svgW - padX * 2;
+  const chartH = svgH - padY * 2;
+
+  function xPos(mcap: number) {
+    const logVal = Math.log10(Math.max(mcap, 1));
+    const normalized = Math.max(0, Math.min(1, (logVal - logMin) / logRange));
+    return padX + normalized * chartW;
+  }
+
+  const fdvX = xPos(currentFdv);
+  const lineY = padY + chartH * 0.5;
+
   return (
-    <div className="border-border rounded border p-4">
-      <h3 className="text-accent mb-1 text-xs font-bold uppercase tracking-wider">Milestone Climb</h3>
-      <p className="text-muted text-xs">Track community progress toward milestone tiers.</p>
+    <div className={`border-border rounded border p-4 ${dimmed ? "opacity-40" : ""}`}>
+      <h3 className="text-accent mb-3 text-xs font-bold uppercase tracking-wider">Milestone Climb</h3>
+
+      <svg viewBox={`0 0 ${svgW} ${svgH}`} className="w-full" style={{ maxHeight: 180 }}>
+        {/* Baseline */}
+        <line x1={padX} y1={lineY} x2={svgW - padX} y2={lineY} stroke="var(--border)" strokeWidth={1} />
+
+        {/* Tier nodes */}
+        {tierData.map(t => {
+          const cx = xPos(t.mcap);
+          return (
+            <g key={t.key}>
+              <line x1={cx} y1={lineY - 8} x2={cx} y2={lineY + 8} stroke="var(--border)" strokeWidth={1} strokeDasharray="2,2" />
+              <circle
+                cx={cx}
+                cy={lineY}
+                r={6}
+                fill={t.reached ? "var(--accent)" : "var(--bg)"}
+                stroke={t.reached ? "var(--accent)" : "var(--border)"}
+                strokeWidth={1.5}
+              />
+              <text x={cx} y={lineY - 14} textAnchor="middle" fill="var(--muted)" fontSize={8}>
+                {t.label}
+              </text>
+              <text x={cx} y={lineY + 22} textAnchor="middle" fill="var(--muted)" fontSize={7}>
+                {formatMcap(t.mcap)}
+              </text>
+              {!dimmed && t.share > 0 && (
+                <text x={cx} y={lineY + 34} textAnchor="middle" fill="var(--accent)" fontSize={7}>
+                  {Math.round(t.share).toLocaleString()} PLOT
+                </text>
+              )}
+            </g>
+          );
+        })}
+
+        {/* Current FDV marker */}
+        <line x1={fdvX} y1={lineY - 16} x2={fdvX} y2={lineY + 16} stroke="var(--accent)" strokeWidth={1.5} />
+        <polygon
+          points={`${fdvX - 4},${lineY - 18} ${fdvX + 4},${lineY - 18} ${fdvX},${lineY - 12}`}
+          fill="var(--accent)"
+        />
+        <text x={fdvX} y={lineY + 46} textAnchor="middle" fill="var(--accent)" fontSize={8} fontWeight="bold">
+          {formatMcap(currentFdv)}
+        </text>
+      </svg>
     </div>
   );
 }