1.14M
1.97M
2025-05-12 10:00:00 ~ 2025-05-23 10:30:00
2025-05-23 12:00:00 ~ 2025-05-23 16:00:00
Total supply999.99M
Resources
Introduction
SOON is a high-performance SVM Rollup designed to realize the Super Adoption Stack. With a vision to achieve mass adoption of blockchain, SOON comprises three primary products: SOON Mainnet, SOON Stack, and InterSOON. The core technological innovations of SOON include decoupled SVM, Merklization, and Horizontal Scaling.
KuCoin has launched PlatON (LAT) on its platform. Deposits are live via the PlatON Mainnet, and withdrawals will be available starting May 31. From day one, a wide range of trading bots will support the LAT/USDT trading pair. Global crypto exchange KuCoin has announced the listing of PlatON on its spot trading platform. This listing will open up trading for the native token of a high-performance architecture designed to support fast settlement, high-frequency transactions, and complex multi-asset smart contracts. Trading on KuCoin Starts May 30; Deposits Open, Trading Bots Ready According to the announcement , LAT/USDT trading on KuCoin will begin at 10:00 a.m. UTC on May 30, 2025. To facilitate initial price discovery, a one-hour call auction will run just before that, from 9:00 a.m. to 10:00 a.m. UTC. Related: KuCoin Lists Shardeum (SHM), an Autoscaling EVM-Compatible Layer-1 Blockchain Notably, LAT deposits via the PlatON Mainnet have already been activated for users looking to get ready. Withdrawals for the LAT token are scheduled to go live at 10:00 a.m. UTC on May 31, 2025. Adding to the launch features, KuCoin has confirmed that LAT/USDT will be supported by its full suite of automated trading bots. These include Spot Grid, Infinity Grid, Dollar-Cost Averaging, Smart Rebalance, Spot Martingale, AI Spot Grid Plus, and AI Spot Trend, allowing users to deploy advanced trading strategies right away. PlatON (LAT) Market Snapshot on KuCoin As of the latest update, the KuCoin dashboard shows that LAT trades within a 24-hour price range of $0.004336 to $0.004495. The token has seen a modest 24-hour price increase of 1.5%. Additionally, the market capitalization stands at approximately $29.21 million, with a circulating supply of 6.58 billion LAT. What Is PlatON (LAT)? PlatON is a blockchain infrastructure project launched by the LatticeX Foundation. Built on the Topos clearing network, PlatON offers a high-performance architecture that supports fast settlement, high-frequency transactions, and multi-asset smart contracts. The platform is designed to serve traditional financial institutions such as banks and payment providers by enabling compliant digital asset management and cross-border financial operations. PlatON aims to bridge the gap between traditional finance and the decentralized economy by offering enterprise-grade blockchain solutions. Related: KuCoin Lists DEF-Ai (DEFAI), Decentralized AI Protocol; Spot Trading Kicks Off Today PlatON’s listing on KuCoin marks a huge step in the project’s growth, bringing increased exposure and liquidity to its LAT token. The move aligns with KuCoin’s continued provision of trading access to numerous tokens. The exchange, which serves over 40 million global users, has recently added several other up-and-coming assets to its platform, including PFVS, SOON, DEF-Ai, PRAI, Shardeum, Hyper, Domin, and Zora, thereby expanding their reach. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Bitcoin’s price continues to rise alongside a sharp expansion in global M2 liquidity. Analysts expect altcoins to rally next as liquidity expansion fuels crypto market momentum. Bitcoin recently broke above $110K as macro trends support broader crypto market strength. Bitcoin is rising again, and this time it’s moving in sync with a powerful macro trend, global liquidity. On-chain analysts and macro experts say the cryptocurrency’s price action is closely tracking the growth in global M2 supply. M2 represents the total money supply, including cash, checking accounts, and near-money assets. As of May 2025, global M2 has risen sharply, approaching record levels, according to the chart shared by analyst CryptoJack. This indicator has historically shown a strong correlation with Bitcoin’s long-term price action. M2 GLOBAL LIQUIDITY IS EXPLODING#BITCOIN WILL FOLLOW SOON pic.twitter.com/iDlYS1bUU5 — CryptoJack (@cryptojack) May 28, 2025 From December 2024 to April 2025, global M2 declined slightly. During that time, Bitcoin also consolidated and lost some short-term momentum. Nevertheless, from April 2025, both have rebounded and started rising in nearly identical ways. Altcoins Could Follow BTC Momentum Bitcoin is trading around $109K, losing more than 0.2% in 24 hours, at press time. Crypto analysts believe rising M2 levels often create a risk-on environment, pushing capital into volatile assets like Bitcoin. Historically, BTC rallies first, followed by capital rotation into large-cap altcoins like Ethereum and Solana. If the trend continues, mid and small-cap altcoins could also see a strong uptrend. This follows a three-phase pattern: M2 rises, BTC rallies, altcoins surge. The sentiment reflects that liquidity increases the interest in decentralized and inflation-resistant assets. Central banks have been pumping more money into the system, boosting global liquidity rapidly over the past few months. Trillions of new dollars, euros, and yen have entered circulation, boosting the monetary base. Related: Google Says Quantum Computer Could Crack Bitcoin Sooner Bitcoin’s historical lag to M2 is about 12 weeks. If that pattern holds, Bitcoin could see more upside into Q3 2025. Bitcoin recently pulled back to $107,500 before bouncing back above $110,000. The uptrend remains intact as long as BTC holds above $104,000. The $102,000–$104,000 range remains a critical support zone for bulls. If M2 liquidity continues rising, Bitcoin may push beyond its current high. As macro liquidity expands, digital assets appear poised to benefit, starting with Bitcoin and possibly followed by altcoins. The post Bitcoin Surges as Global M2 Liquidity Soars to Record Levels appeared first on Cryptotale.
We are thrilled to announce that Bitget has launched isolated spot margin trading for SOON/USDT. New listing promotion: To celebrate the listing of new coins, Bitget will randomly distribute spot margin interest vouchers or position vouchers to users. Spot margin interest vouchers can be used to offset part or all of the borrowing interest in margin trades. Position vouchers allow users to open margin trade positions without using their own funds. You can claim vouchers in the Coupons Center . References: Three steps to complete Bitget spot margin trading Disclaimer Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users should conduct their own research and invest at their own discretion. Bitget shall not be liable for any investment losses. Join Bitget, the World's Leading Crypto Exchange and Web 3 Company Sign up on Bitget now >>> Follow us on Twitter >>> Join our Community >>>
Billionaire Kevin O’Leary says Bitcoin about to explode to higher highs. In detail, he says trillions of dollars will flow into the crypto market. This liquidity will eventually flow into the altcoin market, triggering altseason. With Yesterday’s latest Trump tariff announcement, the price of Bitcoin began to decline critically despite its recent double new ATH setting in the $111,000 price range . This led to a short drop in market sentiment score, possibly opening the door for FUD. However, most of the crypto space remains increasingly bullish, and Billionaire Kevin O’Leary says Bitcoin is about to explode with trillions of dollars flowing into the market. Billionaire Kevin O’Leary Says Bitcoin About to Explode Recently, Bitcoin set two ATH price records in consecutive days. In detail, both these records were set on the higher side of the $111,000 price range. This led to increased bullish sentiment with a score in the 70s range on the CMC Crypto Fear and Greed Index , marking a strong bullish green ‘Greed’ sentiment. Soon after these new ATHs were set, the price of BTC fell drastically. To highlight, Trump proposed a 50% tariff on the European Union (EU), this led to an immediate fall in both the US and UK stock markets, as well as the price of Bitcoin (BTC). In detail, the price of Bitcoin fell to $108,000. Soon after this, the price of BTC pumped back to the $109,000 price range and has now fallen back to the $107,000 price range. Despite this, according to CoinMarketCap data, the price of Bitcoin is still green and continues to show bullish signs. Previously, when Trump last announced a tariff, the price of Bitcoin did not just fall, but went into a prolonged correction phase. This phase lasted for around three months, between two quarters, further delaying this bull cycle’s altseason peak phase. Since then, analysts are hoping to see the price of Bitcoin pump to greater highs, which it soon did. However, with new tariff announcements, concern about another price fall is growing stronger. Bitcoin Stronger Than Ever However, seasoned analysts show faith in the resilience of Bitcoin bulls and believe that the price of BTC will not fall below $100,000 once again. Last week, a few analysts expected a drop to as low as $98,000 in a short price drop before bouncing back to new ATH prices once again. Presently, it is this dip that some analysts are expecting, while others believe BTC will just pump to new ATH prices again. To highlight, several economic and financial experts have called for extravagantly high BTC ATH targets in the coming days ahead. Besides Michael Saylor and Robert Kiyosaki, the latest voice advocating for Bitcoin and an exceptional cycle top price is billionaire Kevin O’Leary. BILLIONAIRE KEVIN O’LEARY SAYS #BITCOIN IS ABOUT TO EXPLODE WITH TRILLIONS OF DOLLAR COMING SOON IT’S HAPPENING!!! 🚀 pic.twitter.com/QKoxPQ5L2o — Vivek⚡️ (@Vivek4real_) May 23, 2025 As we can see from the video above, Kevin O’Leary expects the price of Bitcoin to explore with trillions of dollars flowing into the Bitcoin and crypto market in the coming months ahead. This liquidity will eventually flow into the altcoin market triggering altseason’s arrival.
According to ChainCatcher news and the official announcement, Bitget has launched the USDT-margined SOON perpetual contract with a leverage range of 1-50x, and contract trading BOT will be opened simultaneously.
Bitget has launched SOONUSDT for futures trading with a maximum leverage of 50, along with support for futures trading bots, on May 23, 2025(UTC+8). Welcome to try futures trading via our official website or Bitget APP. SOONUSDT-M perpetual futures: Parameters Details Underlying asset SOON Settlement asset USDT Tick size 0.0001 Maximum leverage 50x Funding fee settlement frequency Every four hours Trading time 7*24 Depending on market risk conditions, Bitget may adjust the parameters from time to time, which may include the tick size, maximum leverage, and maintenance margin rate. For more details, kindly check out: SOON/USDT [Futures] Bitget’s futures include: USDT-M Futures, Coin-M Futures and USDC-M Futures. USDT-M Futures - Trade using USDT for all pairs. You can choose USDT to trade multiple currency pairs at the same time, in which multiple futures share the same account equity, profit, loss and risks. Thank you for your support and attention to Bitget! Join Bitget, the World's Leading Crypto Exchange and Web3 Company Sign up on Bitget now >>> Follow us on Twitter >>> Join our Community >>>
Market data shows that SOON briefly fell below $0.5, currently quoted at $0.49985, with a 24-hour decline of 35.01%. The market is highly volatile, so please ensure proper risk management.
According to a report by Jinse Finance on May 23, SOON announced the latest economic model for its token $SOON, with a total supply of 1 billion tokens. The specific allocation is as follows: community incentives 51% (including NFT airdrops, copy trading incentives, early participants, user tasks, etc.), ecosystem development 25%, airdrop and liquidity support 8%, foundation 6%, team and co-builders 10%. The token initially launches on the Solana and BNBChain networks. Meanwhile, SOON's live copy trading product Simpfor.fun V2 has officially launched, supporting one-click copying of smart money address trades on Hyperliquid, including the James Wynn address.
SOON posted on platform X stating that the COMMing SOON NFT claim is scheduled to start at 5:00 AM UTC on May 23, and the airdrop claim will begin at 8:30 AM UTC on May 23, both conducted on the Solana blockchain.
Bitget PoolX is about to launch the project SOON, with a total prize pool of 250,000 SOON, and an individual staking limit of 1,666,666 SOON. The staking channel will be open from May 23, 19:00 to May 30, 19:00 (UTC+8) Additionally, you can participate in the CandyBomb special event, where 100,000 SOON will be distributed through trading. The event will be open from May 23, 19:00 to May 30, 19:00 (UTC+8).
Activity 1: CandyBomb – Trade to get SOON airdrop Promotion period: 23 May 2025, 11:00 – 30 May 2025, 11:00 (UTC) Join Now Promotion details: Total SOON campaign pool 100,000 SOON SOON spot trading pool 100,000 SOON How to participate: Go to the CandyBomb page and use the Join button. Bitget will start calculating your valid activity data upon successful join. You will get candies based on your SOON spot trading volume. Activity 2: PoolX – Lock SOON to get SOON airdrop! Locking period: 23 May 2025, 11:00 – 30 May 2025, 11:00 (UTC) Total airdrop: 250,000 SOON Lock Now SOON Locking pool details Total SOON airdrops 250,000 SOON Maximum SOON Locking limit 1,666,666 SOON Minimum SOON Locking limit 16 SOON Token allocation: SOON pool airdrop per user = user's locked SOON ÷ total locked SOON of all eligible participants × corresponding pool airdrops. Activity 3: Social Giveaway - Follow to Share 41,667 SOON! Promotion period: 23 May 2025, 11:00 – 30 May 2025, 11:00 (UTC) How to participate: Follow Bitget and SOON on X. Repost/quote the giveaway post with the hashtag #SOONlistBitget and tag your friends. Sign up, deposit or trade SOON on Bitget Fill out the form in the giveaway post. 🎁 Bonus: 500 qualified users will be randomly selected to equally share the campaign pool. Activity 4: Community Campaign: Win Your Share of 16,667 SOON Promotion period: 23 May 2025, 11:00 – 30 May 2025, 11:00 (UTC) Complete 4 tasks below and win $10-$30 SOON airdrop: Join both Bitget Discord and BGB Holders Group Sign up, download Bitget APP and complete KYC Make a net deposit of over 100 USDT Complete a SOON/USDT deposit or spot trade of any amount 🎁 Bonus: 250 qualified users will be randomly selected to equally share the campaign pool. Disclaimer Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to do their research as they invest at their own risk. Thank you for supporting Bitget! Join Bitget, the World's Leading Crypto Exchange and Web3 Company Sign up on Bitget now >>> Follow us on Twitter >>> Join our Community >>>
We are thrilled to announce that SOON (SOON) will be listed in the Innovation and Solana Ecosystem Zone. Check out the details below: Deposit Available: Opened Trading Available: 23 May 2025, 11:00 (UTC) Withdrawal Available: 24 May 2025, 12:00 (UTC) Spot Trading Link: SOON/USDT Introduction SOON is a high-performance SVM Rollup designed to realize the Super Adoption Stack. With a vision to achieve mass adoption of blockchain, SOON comprises three primary products: SOON Mainnet, SOON Stack, and InterSOON. The core technological innovations of SOON include decoupled SVM, Merklization, and Horizontal Scaling. Contract Address : BEP20: 0xb9E1Fd5A02D3A33b25a14d661414E6ED6954a721 SOL: 4eDf52YYzL6i6gbZ6FXqrLUPXbtP61f1gPSFM66M4XHe Website | X | Discord How to Buy SOON on Bitget Fee Schedule Price Market Data 7-Days Limited-time Buy Crypto Offer: Buy SOON with your credit/debit cards at 0% fee with 140+ Currencies, EUR, GBP, AUD, TWD, UZS, UAH, TRY, THB, BRL, PLN, IDR, PHP and CAD etc. Disclaimer Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to do their research as they invest at their own risk. Thank you for supporting Bitget! Join Bitget, the World's Leading Crypto Exchange and Web3 Company Sign up on Bitget now >>> Follow us on Twitter >>> Join our Community >>>
Original Article Title: "Binance Alpha to Debut 'Mega Project' SOON, Can $22M Funding Weather the Valuation Bubble?" Original Article Author: Lawrence, MarsBit On May 19, 2025, the Binance Alpha platform officially announced that the SOON token ($SOON) would launch on May 23 as the first exchange to integrate the project. This move not only signifies a key breakthrough for the Solana Virtual Machine (SVM) ecosystem in the Layer2 race but also marks a new stage for the scalable application of modular blockchain technology. As a star project with a funding amount exceeding $22 million in 2025, SOON, with its architecture design of "decoupled SVM+OP Stack+configurable DA layer," aims to address the performance bottlenecks of public chains like Ethereum and the challenges of cross-chain interoperability. Its community-driven distribution mechanism and potential value capture in the tokenomics have garnered high market attention. 1. Team Background: From Aleo to SVM Infrastructure, Gathering Top Industry Resources SOON's core team can be described as a "dream team" in the blockchain field. CEO Joanna Zeng previously served as Vice President of the privacy public chain Aleo, leading the commercialization of zero-knowledge proof technology. She has accumulated a wealth of Layer2 development experience at institutions such as Coinbase and OP Labs. Chief Marketing Officer Ruki Hu came from the top-tier investment bank JDI Global in Hong Kong, leading investments in projects within the Sonic SVM and other SVM ecosystems. With a strategic management background from Peking University HSBC Business School, Hu provides methodological support for SOON's market expansion. Chief Technology Officer AndrewZ is a Rust language expert who has been involved in Solana's core client development and possesses extensive experience in optimizing the SVM architecture. It is worth noting that SOON's advisory team includes heavyweight figures such as Solana co-founder Anatoly Yakovenko and Celestia core developer Mustafa Al-Bassam. This triple integration of "technology + capital + ecosystem" has quickly set it apart in the competitive Rollup track. 2. Fundraising Journey: Community-driven Fundraising Paradigm Shift, $22 Million Raised to Build Moat Image Source: @_FORAB SOON's fundraising path broke away from the traditional venture capital-led model, pioneering an innovative fundraising mechanism of "NFT Sale + Community Building." In January 2025, the project raised $22 million through a tiered NFT sale, with 51% of the tokens distributed fairly through three types of NFTs: the $900 tier offering short-term liquidity with a 3-month linear unlock, the $2,850 tier designed with a 12-month lockup to attract long-term holders, and the high-threshold $22,500 tier locked up for 36 months to attract strategic investors for deep ecosystem involvement. This design not only avoids VC token dumping pressure on the secondary market but also differentiates user risk preferences based on time horizons. The investor lineup equally reflects industry recognition—top-tier institutions such as Hack VC, ABCDE Capital as lead investors, strategic backers like the Solana Ecosystem Fund, Celestia Labs, and even traditional capital players IDG, PAKA making rare strategic moves. The funds are primarily allocated in three major directions: 40% for mainnet and cross-chain protocol development, 30% for developer ecosystem incentive programs, and the remaining 30% reserved to address market fluctuations and security audits. 3. Technical Architecture: Decoupling SVM to Redefine Performance Boundaries, Modular Design Setting Industry Standards SOON's technical innovation revolves around three core components: 1. SOON Mainnet: Ethereum's First SVM Rollup Execution Layer By decoupling Solana Virtual Machine (SVM) from the native consensus, the SOON Mainnet achieves a 50-millisecond block time and a throughput of 30,000 TPS on Ethereum, surpassing OP Rollups like Optimism by over 5 times. Its key technological breakthroughs include: · Merklization Optimization: Utilizing Merkle root to compress state verification data, enhancing cross-chain transaction validation efficiency by 80%; · Horizontal Scalability Architecture: Distributed nodes process transactions in parallel, combined with data availability solutions like EigenDA, enabling elastic scalability up to 650,000 TPS; · Native Cross-Chain Settlement: Leveraging Ethereum as the ultimate settlement layer, while also compatible with modular DA solutions such as Celestia and Avail, reducing Gas costs to 1/10 of Arbitrum. 2. SOON Stack: Multi-Chain Rollup Deployment Framework Developers can use the SOON Stack to deploy a customized SVM Layer2 with one click on chains like BNB Chain and Ton. Testnet data shows that the svmBNB chain built on this framework has achieved 15,000 TPS and supports high-performance scenarios such as AI proxy transactions and real-time game engines. This "Lego-style" architecture makes SOON the first universal Rollup solution spanning both the EVM and non-EVM ecosystems. 3. InterSOON Protocol: Intermediary-Free Cross-Chain Communication Layer Based on an enhanced messaging protocol called Hyperlane, it allows assets and smart contracts to interact directly across multiple chains, eliminating the custody risks of cross-chain bridges. In test cases between Solana and Ethereum, the cross-chain transfer of USDC has been reduced from an average of 8 minutes to 22 seconds, with a 95% reduction in fees. SOON Token Investment Value Assessment: The Dual Risk of Unlocking Pressure and Valuation Bubble Despite attracting market attention with its technological architecture innovation and community-driven token distribution mechanism, SOON faces significant investment risks amplified by the dual pressures of token unlocking periods and valuation model imbalances. This analysis explores its potential risks from the structural defects of its tokenomics, market supply-demand imbalances, and comparisons with similar projects. I. Token Unlocking Mechanism Hides the Risk of Massive Sell Pressure According to SOON's disclosed token distribution plan, 51% of the tokens are allocated through community distribution (including NFT presale), the team and collaborators hold a 10% share, and the foundation and ecosystem incentives account for 31%. Despite the project emphasizing a "linear unlocking" design, the actual unlocking pace may still trigger a market sell-off: Short-Term Arbitrage Motive for NFT Holders: Out of the 5.1 billion tokens allocated for community distribution, the first tier (900 USD NFT) corresponding to 3,200 tokens is locked for only 3 months. These investors' cost is concentrated in the range of 0.28-0.31 USD; if the price surpasses 0.5 USD early in the listing, profit-taking pressure will quickly release. Historical data shows that retail investors tend to sell off within 30 days post-unlock, with sell-off rates as high as 65%-80%, potentially leading to a circulation increase of over 50%. Team and Institution Unlock Delay Impact: Although the team holds 1 billion tokens with a 12-month lockup period, based on experience from similar projects, core members tend to sell more than 40% of their holdings on average after the lockup period expires. Considering the current FDV (Fully Diluted Valuation), the potential selling pressure could reach $4 billion. Additionally, strategic investors (such as Hack VC, ABCDE Capital) may transfer their OTC holdings through the OTC market, indirectly increasing the secondary market supply. Ecosystem Incentive Token Dumping Risk: The 25% ecosystem development fund (2.5 billion tokens) adopts an "on-demand release" mechanism, but the project often over-rewards to attract developers. Referring to operational data from projects like Optimism, the actual circulation speed of ecosystem incentive tokens is 2-3 times faster than planned, potentially releasing an additional 50 million tokens annually. II. Valuation Bubble: FDV/TVL Ratio Deviates Significantly from Industry Benchmarks Through the analysis of the Fully Diluted Valuation (FDV) before the SOON mainnet launch, if the assumed total supply of 10 billion tokens is calculated based on the lowest NFT presale valuation ($90 million FDV), the FDV/TVL (Total Value Locked) ratio rises to a high of 18.7 (assuming TVL is $5 million), far exceeding mature Layer 2 projects like Optimism (2.3) and Arbitrum (1.8). Even when compared to Sonic SVM (FDV $220 million, TVL $110 million), also part of the SVM ecosystem, SOON's valuation still carries a significant premium, but the differentiation in technology has not yet formed a moat. What is even more concerning is that the market sentiment has preemptively priced in technological expectations. Although the SOON mainnet TPS (30,000) is higher than mainstream Rollups, the scalability of its dependent Celestia DA layer has not undergone large-scale stress testing, with actual performance potentially facing a 30%-50% discount. If there is a crash or security incident after the mainnet launch, the logic supporting the FDV will quickly collapse. III. Deteriorating Competitive Landscape: Shortening Window of First-Mover Advantage SOON's core narrative — decoupling SVM and modular architecture — is directly challenged by projects like Eclipse and Movement. Eclipse has secured a $50 million funding round led by Polychain Capital and announced the deployment of a general Rollup based on SVM on Solana, with better developer tool compatibility and ecosystem integration capabilities than SOON. Additionally, the cost advantage of Celestia's native DA layer (60% lower than SOON) further weakens the persuasiveness of its modularization story. In terms of market share, the SOON testnet has only attracted migration of over 80 DApps, while Arbitrum and zkSync have seen developer numbers exceeding 3,000 during the same period. The lag in ecosystem bootstrapping may cause it to fall into a "technology laboratory" rather than actual application layer. IV. Investment Advice: Risk Mitigation in High Volatility Cycles In conclusion, the SOON token will enter a risk concentration release period in May-August 2025: · Short Term (1-3 months): The liquidity premium in the early stages of Binance Alpha may drive the price up to $0.4-$0.5, but as the NFT first unlock approaches in August, market panic may trigger a pullback, with support levels around $0.22. · Mid Term (6-12 months): Team and institutional token unlocks (Q1 2026) may create a secondary selling pressure. If TVL has not exceeded $200 million during the same period, the FDV/TVL ratio will regress to the industry average, and the token price may halve to the $0.1-$0.15 range. · Long Term (1 year+): The modular track competition intensifies. If SOON fails to achieve a breakthrough in cross-chain interoperability, the token may devolve into a "governance tool" and lose its value capture capability. For investors with lower risk tolerance, it is advisable to observe on-chain data (TVL, cross-chain asset scale, developer activity) for 3 months after the mainnet launch, and strategically enter the market after technical validation and token supply-demand rebalancing. Conclusion: Valuation Trap Under the Innovation Narrative While SOON's modular vision aligns with industry trends, its token model design and market competitive landscape have yet to form a safety margin. Once the technological hype fades, the resonance of unlocking pressures and valuation bubbles may lead to a double whammy. In the current stage where the Layer 2 war is entering the "application landing" decisive phase, investors should focus more on ecosystem's real value creation rather than the technical parameters' echo chamber game. Original Article Link
Airdrop will distribute 8% of SOON token to the community Project raises $22 million with “COMMing SOON” NFTs SOON Network runs on Solana Virtual Machine instead of EVM The Solana Optimistic Network, known as SOON, confirmed the launch of its highly anticipated airdrop, which will see community members and early supporters receive a significant share of the total supply of its native token. The distribution, which is already featured on the Binance Alpha platform, will include 8% of the total one billion SOON tokens — equivalent to 80 million units. The full supply is split between the Community (51%), Ecosystem (25%), Team and Co-Builders (10%), and Treasury (6%). According to the team, the allocation to the Community will be made via “fair launch,” ensuring greater decentralization and engagement of network participants. SOON stands out for its technical approach by adopting the Solana Virtual Machine (SVM) instead of the traditional Ethereum Virtual Machine (EVM) standard, common in other layer 2 solutions. This decision aims to improve the scalability and performance of the blockchain. Unlike networks like Base, SOON applies an architecture called “decoupled SVM”, which separates the execution and settlement layers. The project’s CEO and co-founder, Joanna Zeng, commented that this choice created tensions within the team early in development. “This fundamental conflict could have fragmented us… Through collective effort, we found an exceptional balance,” stated Zeng. She also highlighted that, although the launch of Decoupled SVM was slower than a simple fork of SVM, it brought significant gains in security and performance. Initial funding for the mainnet was provided through an NFT sale called “COMMing SOON,” which raised $22 million. Investors including Hack VC, ABCDE, Hypersphere, and SNZ Capital participated in the round. Following launch, the network expanded beyond Ethereum to include support for Base and BNB Chain, solidifying its multichain ecosystem with a focus on scalability and community engagement. Disclaimer: The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss. Tags: Solana (SOL) Solana Labs Soon
What to Know: SOON Rollup launches airdrop after NFT raise and mainnet launch. Lacks specific leadership or detailed fundraising data. Follows current trends in Layer 2 and NFT platforms. SOON Rollup Launches Community Airdrop After NFT Raise User Engagement Soars Amid Airdrop Strategy The announcement is expected to boost user engagement within the community. Airdrops are a popular mechanism across crypto projects for attracting active participants and encouraging network usage. Financial specifics regarding the airdrop remain unclear, but the strategy aligns with successful campaigns by similar platforms, showcasing potential for user acquisition and market engagement . Airdrops Establish Role in Rollup Ecosystem Growth The rise of airdrops as a loyalty tool in rollups is well-noted, contributing to increased governance participation and ecosystem involvement historically. Such actions often encourage initial capital inflows and attention. Future implications may include increased token adoption and liquidity as seen in previous projects, contingent on effective community response and sustained interest. Trends indicate broad acceptance of these methods in L2 growth strategies. Airdrops, airdrops, and more airdrops, 2025 has become the year of relentless token distribution … Whether from AI-powered DeFi apps or Layer 2 rollups, these airdrops continue to dominate user acquisition. – BitDegree Airdrop Guide Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor.
The Solana Optimistic Network, an Ethereum Layer 2 powered by the Solana Virtual Machine (SVM), confirmed its upcoming airdrop to community members and early supporters. Dubbed SOON, the token distribution is expected shortly and is now live on Binance Alpha, a launchpad for discovering new projects. A blog post from January said airdrop recipients are entitled to 8% of SOON's total supply, or 80 million coins. This allocation also covers exchange liquidity, according to the previous announcement . Also, SOON’s one billion total supply is shared across Community (51% or 510 million), Ecosystem (25% or 250 million), Team/Co-builders (10% or 100 million), and Foundation/Treasury (6% or 60 million). According to the team's official Medium page, the Community allocation will be distributed through a fair launch. The token doubles as both SOON's native ecosystem asset and governance coin. The protocol’s SVM Ethereum L2 pivoted away from the typical scaling solution model. Unlike other Layer 2 networks like Base that use the Ethereum Virtual Machine Standard, SOON chose the Solana Virtual Machine to boost blockchain speeds. The project also separated its execution and settlement layer using a “decoupled SVM architecture.” Joanna Zeng, SOON CEO and co-founder, said this roadmap initially caused internal friction. Executives within the project apparently disagreed over emphasizing security versus shipping community-focused products. “This fundamental conflict could have fractured us… Through collective effort, we found an exceptional balance, Zeng wrote on Monday. "Though the Decoupled SVM launched three months later than a Fork SVM would have, it provided high performance combined with robust security, revamped L2 derivation mechanisms, supported horizontal scaling, and integrated Firedancer.” SOON raised $22 million during a “COMMing SOON” NFT mint to raise funds for its mainnet, launched earlier this year. Names like Hack VC, ABCDE, Hypersphere, and SNZ Capital participated in the sale. So far, the team has expanded its network beyond Ethereum to include Base and BNB Chain.
🚀 Bitcoin Adoption Accelerates Toward $200K The crypto market is witnessing unprecedented momentum, and Bitcoin is right at the center of this surge toward a potential $200K valuation. Brazil’s Méliuz just made history, becoming the country’s first BTC Treasury company by purchasing $28.4 million worth of Bitcoin. This move adds further bullish pressure and fuels the narrative that Bitcoin’s price could skyrocket in the coming months. Meanwhile, in the Middle East, Abu Dhabi’s Sovereign Wealth Fund stunned the markets with a $408 million investment in BlackRock’s Spot Bitcoin ETF. Such massive inflows from powerful financial institutions are exactly the catalysts that could push Bitcoin toward that critical $200K milestone sooner than expected. By TradingView - BTCUSD_2025-05-16 (1M) 📈 Russia Declares Bitcoin the Top Investment—Is $200K Next? In a surprising development, Russia’s Central Bank officially announced Bitcoin as the top-performing investment in 2025 . Despite ongoing geopolitical tensions and sanctions, this recognition strengthens Bitcoin’s role as a safe haven—and with this level of global validation, the $200K mark is increasingly within reach. 💡 Billionaires and Political Leaders Are Betting on a $200K Bitcoin The case for a rapid price surge is further reinforced by influential voices: Michael Saylor urged, “Sell a tooth if you must, but keep the Bitcoin.” His unwavering belief, backed by MicroStrategy’s continuous BTC accumulation, suggests that even major corporate players are positioning for Bitcoin’s next massive rally—possibly straight to $200K. By TradingView - BTCUSD_2025-05-16 (5D) Eric Trump made it clear in a recent appearance: “It’s a race to the top to accumulate as much Bitcoin as possible.” With political circles now openly discussing Bitcoin accumulation, could a parabolic move toward $200K be just around the corner? 📊 Bitcoin Price Prediction: Is $200,000 Coming Sooner Than You Think? With this surge in institutional investments and high-profile endorsements, Bitcoin’s supply continues to shrink , creating a textbook supply shock scenario. Historically, post-halving cycles combined with such demand have triggered massive rallies. All indicators now point toward Bitcoin being perfectly positioned for a move toward its long-awaited $200K price target. Current BTC Price: $103,700 7-Day Performance: +7% Key Resistance: $110,000 Immediate Buy Zone: Above $110,000 2025 High Target: $200,000 By TradingView - BTCUSD_2025-05-16 (YTD) If Bitcoin breaks through the crucial $110,000 resistance and holds, the next leg up toward $150,000 and ultimately $200,000 becomes highly likely—and possibly much sooner than the market expects. 📅 Final Prediction: $200K Bitcoin by Late 2025? Expect continued volatility, but the direction is clear. If institutional inflows persist and global sentiment remains bullish, Bitcoin could very well reach $200,000 before the end of 2025 . By TradingView - BTCUSD_2025-05-16 (All) The race is on. Are you positioned for the next all-time high? 🚀 Bitcoin Adoption Accelerates Toward $200K The crypto market is witnessing unprecedented momentum, and Bitcoin is right at the center of this surge toward a potential $200K valuation. Brazil’s Méliuz just made history, becoming the country’s first BTC Treasury company by purchasing $28.4 million worth of Bitcoin. This move adds further bullish pressure and fuels the narrative that Bitcoin’s price could skyrocket in the coming months. Meanwhile, in the Middle East, Abu Dhabi’s Sovereign Wealth Fund stunned the markets with a $408 million investment in BlackRock’s Spot Bitcoin ETF. Such massive inflows from powerful financial institutions are exactly the catalysts that could push Bitcoin toward that critical $200K milestone sooner than expected. By TradingView - BTCUSD_2025-05-16 (1M) 📈 Russia Declares Bitcoin the Top Investment—Is $200K Next? In a surprising development, Russia’s Central Bank officially announced Bitcoin as the top-performing investment in 2025 . Despite ongoing geopolitical tensions and sanctions, this recognition strengthens Bitcoin’s role as a safe haven—and with this level of global validation, the $200K mark is increasingly within reach. 💡 Billionaires and Political Leaders Are Betting on a $200K Bitcoin The case for a rapid price surge is further reinforced by influential voices: Michael Saylor urged, “Sell a tooth if you must, but keep the Bitcoin.” His unwavering belief, backed by MicroStrategy’s continuous BTC accumulation, suggests that even major corporate players are positioning for Bitcoin’s next massive rally—possibly straight to $200K. By TradingView - BTCUSD_2025-05-16 (5D) Eric Trump made it clear in a recent appearance: “It’s a race to the top to accumulate as much Bitcoin as possible.” With political circles now openly discussing Bitcoin accumulation, could a parabolic move toward $200K be just around the corner? 📊 Bitcoin Price Prediction: Is $200,000 Coming Sooner Than You Think? With this surge in institutional investments and high-profile endorsements, Bitcoin’s supply continues to shrink , creating a textbook supply shock scenario. Historically, post-halving cycles combined with such demand have triggered massive rallies. All indicators now point toward Bitcoin being perfectly positioned for a move toward its long-awaited $200K price target. Current BTC Price: $103,700 7-Day Performance: +7% Key Resistance: $110,000 Immediate Buy Zone: Above $110,000 2025 High Target: $200,000 By TradingView - BTCUSD_2025-05-16 (YTD) If Bitcoin breaks through the crucial $110,000 resistance and holds, the next leg up toward $150,000 and ultimately $200,000 becomes highly likely—and possibly much sooner than the market expects. 📅 Final Prediction: $200K Bitcoin by Late 2025? Expect continued volatility, but the direction is clear. If institutional inflows persist and global sentiment remains bullish, Bitcoin could very well reach $200,000 before the end of 2025 . By TradingView - BTCUSD_2025-05-16 (All) The race is on. Are you positioned for the next all-time high?
According to the SOON Foundation announcement, the SOON Foundation has been officially established to promote the development of the SOON ecosystem based on the Solana Virtual Machine (SVM) and implement the "Super Adoption Stack (SAS)" vision. The foundation focuses on ecosystem acceleration, transparent governance, security management, and strategic cooperation, with plans to host global hackathons, launch enterprise-level toolkits, and conduct research in collaboration with multiple universities. SOON was founded by former executives from Solana and Optimism, and is supported by well-known investors such as Celestia and AltLayer.
1. Project Overview SOON Network is a modular Rollup stack built on a decoupled Solana Virtual Machine (SVM) architecture, aiming to bring Solana-level performance to a multi-chain environment. Designed with a modular approach, it supports native settlement on major L1s including Ethereum, BNB Chain, and Base. The SOON mainnet is now live. At its core, SOON separates the SVM execution layer from Solana's native consensus, enabling a high-performance, low-cost, and cross-chain-compatible execution environment. It serves as a foundational infrastructure layer for DeFi, AI, gaming, and other general-purpose use cases. According to official sources, SOON currently delivers: 30,000+ TPS 50ms latency Transaction costs under $0.01 Over 27.63 million transactions $15.63M in TVL 1.4M+ active addresses As the first SVM Rollup deployed across multiple chains, SOON’s performance metrics place it among the leaders in the Rollup category. Architecture SOON is composed of three core components: SOON Mainnet SOON Stack InterSOON Cross-Chain Protocol SOON Stack allows developers to deploy SVM Rollups in a modular fashion, with customizable settlement and data availability layers (supporting Celestia, EigenDA, Avail, etc.). InterSOON facilitates secure asset and data messaging between Rollups and main chains, addressing liquidity fragmentation and cross-chain security bottlenecks. Token Economics SOON adopts a Fair Launch model—no VC privileges, no private rounds. 51% of tokens are reserved for the community and distributed via NFT minting and on-chain activity participation, emphasizing fairness and community ownership. This approach starkly contrasts with institution-driven projects like Sonic and Eclipse, positioning SOON as a retail- and developer-friendly alternative. 2. Key Highlights 1. Decoupled SVM Brings Solana-Grade Performance to Multiple Chains SOON is the first Rollup protocol to modularize and deploy the SVM execution layer outside Solana. It enables high-performance environments on Ethereum, BNB Chain, and Base—unlocking multi-chain scalability with strong technical foresight and portability. 2. Modular Design with Flexible DA Layer Support With SOON Stack, developers can choose their preferred settlement layer (e.g., Ethereum) and DA layer (e.g., Celestia, EigenDA, Avail) to optimize performance, security, and flexibility across diverse use cases. 3. Proven On-Chain Performance As of now, SOON has: Processed over 27.63 million transactions Reached 1.4M+ active addresses Accumulated $15.63M in TVL With >30,000 TPS, <50ms latency, and <$0.01 fees, its performance surpasses most Layer 2s. 4. Fair and Decentralized Tokenomics No pre-mining, no VC allocations. 51% of tokens are community-owned and distributed via on-chain participation and NFT minting. This reduces early sell pressure and centralization risks while fostering grassroots governance. 5. Strong Cross-Chain Interoperability InterSOON enables secure asset and smart contract communication between chains, solving liquidity fragmentation and improving multi-chain operability. It lays a foundational framework for an interoperable Web3 infrastructure. 3. Market Valuation Outlook $SOON serves as the native token of the SOON Network, representing not just governance and gas utility, but also the value of its generalized execution layer powered by a decoupled SVM and cross-chain Rollup architecture. As the first SVM Rollup deployed across multiple chains, $SOON is well-positioned to capture execution-layer value across multiple L1s. Benchmarking projects like Solayer, Sonic, and Sei Network have already set valuation anchors in the high-performance chain space. The following chart compares $SOON with these peers across metrics like narrative strength, on-chain activity, and user penetration, offering a potential valuation range post-TGE. 4. Tokenomics Total Supply: 1,000,000,000 $SOON Inflation: 3% annually Allocation Breakdown Community: 51% (510M) Distributed through fair launch mechanisms, NFT-based participation, and on-chain activities. Ecosystem Fund: 25% (250M) For developer incentives, integrations, partnerships, guild subsidies, grants, and core infrastructure deployment. Team & Co-Builders: 10% (100M) Reserved for core contributors and early builders to ensure long-term alignment and execution. Airdrop & Liquidity: 8% (80M) Used to incentivize early users, provide initial liquidity, and fuel community momentum. Foundation / Treasury: 6% (60M) For long-term reserves, protocol upgrades, R&D, operations, and security. Unlock Schedule Community incentives: Released in phases via on-chain activities, NFT engagement, and contribution-based airdrops Team / Advisors: 9-month cliff, 36-month linear vesting Ecosystem / Foundation: 12-month cliff, gradual release tied to ecosystem milestones Airdrop & Liquidity: Partially released at launch, remainder allocated based on market conditions and AMM setups Token Utilities Governance: Participate in governance decisions for SOON Mainnet and SOON Stack Native Asset: Pay gas fees, deploy contracts, and bridge assets across chains Ecosystem Incentives: Reward developers, infra providers, and content creators Staking: Future implementation of "Fast Finality" mechanism with 3% APY for validators staking $SOON 5. Team & Fundraising Team SOON Network is led by Joanna Zeng, former executive at Aleo. The core team includes veterans from Coinbase, OP Labs, AWS, and Aleo, with deep expertise in blockchain infrastructure and cross-chain system design. SOON was among the first to propose and deploy a decoupled SVM execution model, now running on Ethereum, BNB Chain, and Base with over 27.63 million transactions completed. All key components—including execution, DA compatibility, and messaging protocols—are fully designed in-house, showcasing a vertically integrated product suite to drive SVM standardization across chains. Notable Team Members Jiwon Park – Former Global Content Director for MapleStory (SVP at Nexon), driving the IP’s Web3 expansion Steve Chae (Heung Suk) – Nexon’s Web3 Strategy Lead, spearheaded Avalanche subnet integration and NXPC tokenomics Fundraising January 2025 Round: Raised $22M, led by Hack VC Investors Include: SNZ Holding, MH Ventures, ABCDE Capital, Anagram, ArkStream Capital, GeekCartel, PAKA, IDG Capital Notable Angels: Kartik Talwar (Co-founder, ETHGlobal) Mable Jiang (ex-Multicoin Partner) Jonathan King (ex-a16z) Alex Pruden (CEO, Aleo) Victor Ji (Co-founder, Manta Network) 6. Risk Factors Sustainability of On-Chain Metrics Despite impressive TPS (30,000+), low latency (<50ms), and 27M+ transactions, current application depth remains limited. Some activity may be incentive-driven. If ecosystem development stalls, TVL and activity could see short-term volatility. Competitive Pressure from Other Modular Chains With the rise of competitors like Eclipse (ZK + EVM) and Movement (MoveVM Rollup), the long-term defensibility of SVM modularization is debated. Without strong ecosystem stickiness or dev adoption, SOON may face narrative dilution in a crowded field. 7. Official Links Website: https://soo.network/ Twitter: https://x.com/soon_svm Discord: https://discord.com/invite/soon-svm
We're thrilled to announce that Bitget will launch SOON (SOON) in pre-market trading. Users can trade SOON in advance, before it becomes available for spot trading. Details are as follows: Start time: 12 May, 2025, 10:00 (UTC) End time: 23 May, 2025, 10:30 (UTC) Spot Trading time: 23 May, 2025, 11:00 (UTC) Delivery Start time: 23 May, 2025, 12:00 (UTC) Delivery End time: 23 May, 2025, 16:00 (UTC) Pre-market trading link: SOON/USDT Bitget Pre-Market Introduction Delivery method: Coin settlement, USDT settlement Coin settlement Starting from the project's delivery start time, the system will periodically execute multiple deliveries for orders under the Coin Settlement mode. Sell orders with sufficient spot balances will be filled with corresponding buy orders. If there are insufficient project tokens or if sellers voluntarily choose to default, compensation with security deposits will not be triggered immediately. At the project's delivery end time, the system will either deliver or compensate any remaining undelivered orders. USDT settlement For orders under the USDT Settlement mode, all delivery will be executed at the delivery end time of the project. The delivery time for the pre-market project will be announced once the coin's spot listing time is confirmed. Stay tuned to relevant notifications and announcements for the latest information. Example: The user buys 10 tokens at 10 USDT (the filled order is called Order A) and sells 10 tokens at 15 USDT (the filled order is called Order B). At delivery time, the system calculates the delivery execution price based on the average index price from the last ten minute. Assuming the execution price is 5 USDT, the calculations are as follows: PnL of Order A = (5 – 10) × 10 = –50 USDT PnL of Order B = (15 – 5) × 10 = 100 USDT The total PnL for the user in pre-market trading is 50 USDT. For USDT settlement, orders are settled at the average index price from the last ten minutes as the delivery execution price, determined by a weighted average of prices at leading exchanges to ensure fairness and transparency. Introduction SOON is a high-performance SVM Rollup designed to realize the Super Adoption Stack. With a vision to achieve mass adoption of blockchain, SOON comprises three primary products: SOON Mainnet, SOON Stack, and InterSOON. The core technological innovations of SOON include decoupled SVM, Merklization, and Horizontal Scaling. SOON Total supply: 1,000,000,000 Website | X | Discord FAQ What is pre-market trading? Bitget pre-market trade is an over-the-counter trading platform specializing in providing a pre-traded marketplace for new coins before their official listing. It facilitates peer-to-peer trading between buyers and sellers, enabling them to acquire coins at optimal prices, secure liquidity in advance, and complete delivery at a mutually agreed upon time. What are the advantages of Bitget pre-market trading? Investors often have expectations regarding the price of a new coin before spot trading becomes available. However, they may be unable to purchase the coin at their preferred price and secure liquidity in advance due to lack of access. In response to this, Bitget pre-market trading offers an over-the-counter (OTC) platform where buyers and sellers can establish orders in advance to execute trades as desired and complete delivery later. In this scenario, sellers are not required to own any new coins; instead, they only need to obtain sufficient new coins for delivery before the designated delivery time. How are pre-market trades deliveries completed? Coin Settlement orders: Sellers can choose to either deliver the tokens or compensate with security deposit before the delivery execution. Starting from the project's delivery start time, the system will periodically execute multiple deliveries for orders under the Coin Settlement mode. Sell orders with sufficient coin balances will be filled with the corresponding buy orders. If there are insufficient project tokens or if sellers voluntarily choose to default, compensation with security deposits will not be trigger immediately.At the delivery end time of the project, the system will settle all remaining orders, either through buy delivery or compensation. If there is a sufficient balance, the corresponding quantity of tokens will be transferred to the buyer's spot account, and the buyer's frozen funds will be transferred to the seller's spot account as payment. Otherwise, the transaction will be canceled. In this case, the system will unfreeze the buyer's funds and compensate the buyer with the seller's frozen security deposit. USDT Settlement orders: All deliveries will be executed at the project's delivery end time. Orders are settled at the average index price over the last ten minutes, which serves as the delivery execution price. Profits and losses are calculated based on the difference between the execution price and the delivery execution price. The losing party will pay the difference to the winning party. Note: 1) The system will execute deliveries in chronological order based on the transaction time of the orders. If you have both buy and sell orders in Coin Settlement mode, the quantities cannot offset each other. Please ensure that your spot account has a sufficient available balance for the sell orders at the time of delivery. Orders with insufficient balance will be treated as the seller's default. 2) For coin settlement orders, only tokens available in your spot account will be used for delivery. Tokens frozen in pending orders or held in other accounts will not be used for delivery. 3) The delivery is expected to be completed within one hour. To mitigate the risk of delivery failure due to insufficient funds, the seller of coin settlement orders should refrain from any transactions involving the delivery currency within 30 minutes after the delivery initiation. How can I make a pre-market trade as a seller? As a seller, you are required to use the USDT in your spot account to pay the margin. You can list your new tokens on the order market at your preferred price via Post Order, or you can find a suitable buy order on the order market and sell it to the buyer at the buyer's asking price. Once the order is filled, you just need to wait for the delivery. How can I make a pre-market trade as a buyer? As a buyer, you are required to use USDT from your spot account to pay for the trade. Using the Place Order function, set the quantity of coins you want to buy at your preferred price and list the maker order in the order market. Bitget will then lock the funds for the purchase and handle any related fees. Alternatively, you can directly select a sell order from the marketplace and buy the coins at the seller's designated price. Once the order is filled, simply await delivery. Do I have to fill the entire maker sell/buy order at once in pre-market trading? No, the platform allows you to trade any quantity of coins as long as it meets the minimum transaction limit. Disclaimer Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to do their research as they invest at their own risk. Thank you for supporting Bitget! 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Delivery scenarios