Coin overview
SOON
Ended--
Last price (USDT)
1.14M
24h total (USDT)
1.97M
Total vol (USDT)
2025-05-12 10:00:00 ~ 2025-05-23 10:30:00
Trading time (UTC+0)
2025-05-23 12:00:00 ~ 2025-05-23 16:00:00
Delivery time (UTC+0)
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.
Watch Out: In the Middle of a Busy Week, There Are Lots of Economic Developments and Altcoin Events Coming Up – Here’s the Day-by-Day,...
The cryptocurrency market has left behind another week in which Bitcoin and altcoins experienced major declines and a flight from geopolitically risky assets dominated. However, there will be many economic developments and altcoin events in the new week that may also affect cryptocurrencies. Here is the cryptocurrency calendar we have prepared specially for you as Bitcoinsistemi.com: (All times are stated as UTC+3 Türkiye time) Monday, June 23 SOON – SOON will unlock approximately 41.88 million tokens, which accounts for 22.41% of the current circulating amount, and these tokens are worth approximately $8.4 million. The Governor of the South Korean Central Bank is meeting with CEOs of major local banks to discuss stablecoins. Ethereum developers have once again finalized the scope of the Fusaka update and may launch the Fusaka Devnet 2 testnet today. NFT NYC 2025 will be held in New York, USA. Binance will support the Zilliqa network upgrade and hardfork and suspend Zilliqa network token deposit and withdrawal services. Tuesday, June 24 Blockworks Permissionless Event The NATO Summit will be held in The Hague on June 24-25, 2025. On June 24, leaders will attend a defense industry forum, ministerial meetings, and a formal dinner hosted by the Dutch royal family. The main summit session will be held on June 25, followed by bilateral talks and press briefings. Key agenda items include adopting a target of increasing defense spending to 5% of GDP and issuing a short, joint statement. Ukraine’s NATO membership will not be formally on the agenda. The summit will be short and focused, with the aim of demonstrating the alliance’s unity, especially with Trump’s participation. 17:00 – Fed Chair Powell will present the semiannual monetary policy report before the House Financial Services Committee. Wednesday June 25 ALT – AltLayer (ALT) unlocks approximately 240 million tokens, which is 6.83% of the current circulating amount. These tokens are worth approximately $6.7 million. 17:00 – Fed Chair Powell will present the semiannual monetary policy report before the House Financial Services Committee. Thursday, June 26 The U.S. Securities and Exchange Commission (SEC) is holding a roundtable to review rules governing executive compensation disclosure. APE – The proposal to dissolve the ApeCoin DAO, AIP-596, is wrapping up voting. If the proposal is accepted, the assets and liabilities will be transferred in an orderly manner to the new entity established by Yuga Labs, ApeCo. KRO – The Kroma L2 network will be shut down, KRO tokens need to be migrated to Ethereum. 15:30 – US Unemployment Data to be Released (Expected: 247k, Previous: 245k) Friday, June 27 ZRO – LayerZero is completing the second round of the Fee Change Vote. 15:30 – US Core Personal Consumption Expenditures (PCE) Price Index Monthly (Expected: 0.1%, Previous: 0.1%) US Core Personal Consumption Expenditures (PCE) Price Index Annual (Previous: 2.5%) Saturday, June 28 Thailand SEC to block crypto exchanges including Bybit, 1000X, CoinEx, OKX, and XT.COM. *This is not investment advice.
Next week, BLAST, VENOM, SOON and other tokens will be unlocked
according to Token Unlocks data, tokens such as BLAST, VENOM, SOON, etc. will see large unlocks next week (all in Beijing time), including: Blast (BLAST) will unlock approximately 10.5 billion tokens at 10:00 PM on June 26, accounting for 34.98% of the current circulation, worth about $22.5 million; Venom (VENOM) will unlock approximately 59.26 million tokens at 4:00 PM on June 25, accounting for 2.84% of the current circulation, worth about $10 million; SOON (SOON) will unlock approximately 41.88 million tokens at 4:30 PM on June 23, accounting for 22.41% of the current circulation, worth about $8.4 million; AltLayer (ALT) will unlock approximately 240 million tokens at 6:00 PM on June 25, accounting for 6.83% of the current circulation, worth about $6.7 million; Undeads Games (UDS) will unlock approximately 2.15 million tokens at 8:00 AM on June 26, accounting for 2.13% of the current circulation, worth about $2.3 million; IOTA (IOTA) will unlock approximately 15.16 million tokens at 8:00 AM on June 25, accounting for 0.39% of the current circulation, worth about $2.3 million; Velo (VELO) will unlock approximately 182 million tokens at 8:00 AM on June 26, accounting for 2.47% of the current circulation, worth about $2.1 million; Yield Guild Games (YGG) will unlock approximately 14.08 million tokens at 10:00 PM on June 27, accounting for 2.68% of the current circulation, worth about $1.9 million; SingularityNET (AGIX) will unlock approximately 7.15 million tokens at 8:00 AM on June 28, accounting for 2.38% of the current circulation, worth about $1.9 million; Artificial Superintelligence Alliance (FET) will unlock approximately 3.1 million tokens at 8:00 AM on June 28, accounting for 0.12% of the current circulation, worth about $1.9 million.
RAY Price Explodes on Upbit Listing, Whales Pocket Profit: Is It Too Late?
Key Notes Upbit announced the listing of RAY/USDT and RAY/KRW pairs on its platform. RAY price jumped 9.5% in the past 24 hours amid market-wide sluggishness. A whale deposited $2.26 million worth of tokens into Binance, likely to realize gains. While the broader crypto market showed a slow movement, Raydium RAY $2.21 24h volatility: 9.8% Market cap: $590.86 M Vol. 24h: $480.67 M recorded a 9.5% surge in its value in the past day. This comes as South Korea’s largest exchange, Upbit, announced that it will support trading for the token from today. 레이디움(RAY) KRW, USDT 마켓 거래지원 안내 ✅ 지원 마켓 : KRW, USDT 마켓 📅 거래지원 개시 시점: 2025-06-19 12:00 KST 예정 🔗 공지 바로가기: https://t.co/jXeEDyP9zl #Upbit #RAY @RaydiumProtocol pic.twitter.com/kONvy7dNwA — Upbit Korea (@Official_Upbit) June 19, 2025 According to the announcement, RAY trading officially opens at 12:00 PM KST with KRW and USDT pairs. Raydium, an automated market maker (AMM) and liquidity protocol, saw a rapid price increase of over 25% to $2.62 after the listing news broke. However, the price has since corrected to around $2.28 at the time of writing. RAY has also seen a sharp rise in market capitalization, gaining nearly $60 million in just 24 hours. The surge pushed the Solana-based token into the top 100 cryptocurrencies by market cap, currently ranking 99th with a cap of $607 million. Whale Activity Hints at Profit-Taking Notably, the listing announcement drove a 500% spike in RAY’s 24-hour trading volume to reach $371 million, according to CoinMarketCap. The volume attracted traders looking to capitalize on short-term gains. One whale deposited 906,788 RAY, worth around $2.26 million, into Binance following the price pump. Lookonchain noted the transaction, suggesting a profit-taking move. The price of $RAY surged by nearly 25% due to its listing on Upbit. Whale 256Eh2 deposited 906,788 $RAY ($2.26M) into #Binance after the pump, possibly to sell. https://t.co/F6UVfMuEVk pic.twitter.com/x03YR48yfl — Lookonchain (@lookonchain) June 19, 2025 RAY Price Outlook On the daily RAY price chart , the MACD line has crossed just above the signal line at the zero level, hinting at a potential bullish reversal. However, the histogram remains flat, reflecting weak momentum. RAY price chart with MACD | Source: TradingView Bollinger Bands show a sharp breakout above the lower band and toward the middle band (20-day SMA) at $2.24. The current price action suggests indecision, with the upper band at $2.56 acting as dynamic resistance. A break above this level could confirm bullish continuation. RAY price chart with RSI and Bollinger Bands | Source: TradingView The RSI has climbed TO 45, indicating recovery from the recent low of $1.94. The upward gradient suggests bullish momentum and more upside room, but with caution. Failure to hold $2.24 may send RAY back toward the key support at $1.93. Popular crypto analyst Leandrocrypto recently stated that this level would act as a strong buying zone. Related article: SOON Price Gains 15% as Binance and Upbit Announce Listing The analyst explained that a bullish scenario with strong volume could send the cryptocurrency to test $3.42 resistance, setting a price target of $7.27 in the long term. next Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Solana Optimistic Network receives $5 million investment from Jump and Amber
Solana Optimistic Network Attracts Jump Crypto and Amber Group SOON expands copy-trading with artificial intelligence Investment focuses on real-world assets and SVM Solana Optimistic Network (SOON), a layer-5 solution for Ethereum based on the Solana Virtual Machine (SVM), has announced a $XNUMX million strategic investment led by Jump Crypto, Amber Group, and angel investors. The funding furthers the project’s goal of democratizing access to high-performance blockchain infrastructure and providing professional trading tools to the retail public. Individual investors include prominent names in the crypto ecosystem, such as Nana Murugesan (zkSync), Mark Hull (Kamino Finance), Chris Hermida (Switchboard) and Tori Cohen (Wormhole). Even before the mainnet launch, SOON had already raised $22 million through an NFT sale. Today, I'm excited to share a major milestone in SOON's journey: We've secured a $5M strategic investment from Jump Crypto and Amber Group, and an esteemed group of angel investors, including Nana Murugesan (President of zkSync), Mark Hull (Co-founder of Kamino Finance), Chris… https://t.co/4q7BvQ7OtA — Joanna Zeng @ SOON (🔴,💊)📍🇺🇸🗽 (Mainnet Arc) (@justsayuluvjo) June 11, 2025 According to the statement, the resources will be directed to accelerate the development of high-yield chains, in addition to expanding the copy-trading product with the integration of artificial intelligence. The plans also include strengthening the presence in the real-world assets (RWA) sector, such as tokenized shares. SOON CEO Joanna Zeng highlighted the importance of institutional support: “This investment from Jump and Amber reinforces the growing institutional confidence in SOON’s vision for the ultimate on-chain trading experience.” Zeng also emphasized Jump Crypto’s relevance in this process, mentioning that “Jump is an industry leader in both traditional and digital finance. They are the ideal sponsor for SOON to explore RWAs such as on-chain US equity solutions, more innovative trading strategies, and the development of high-performance blockchain infrastructure.” Jump Crypto partner Saurabh Sharma commented that the company is excited about SOON’s decoupled SVM architecture and its focus on delivering an optimized trading experience to users. Amber Group will contribute AI models that will be incorporated into SOON’s copy-trading engine. According to Jerry Zhou, the company’s director, “SOON is reshaping the on-chain trading experience in a way that resonates with the next generation of users.” 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)
BTC Price Approaches $105K as Network Hashrate Reaches New All-Time High
In June 2025, Bitcoin’s hashrate exceeded 800 EH/s, breaking the highest record the network had ever seen. The price of Bitcoin went up 1.7%, settling at $104,947 within a small price range from support at $103,193 to resistance at $105,213. An increase in network activity suggests a boost in mining operations and a better deployment of infrastructure worldwide. Bitcoin’s network hashrate has set all-time records, exceeding the 800 EH/s mark in early June 2025. The rise represents an all-time high level of security and miner participation in the network. According to updated numbers, the hashrate surged sharply over recent weeks with no signs of reversals. The rate reflects progress in improving efficiency at mines and growing mining operations across the world. The chart reveals a big spike in prices above mid-2023, lasting all the way to 2025. Although hashrate increases have been seen in cycles before, this one is the strongest yet. Bitcoin Hashrate Growth Hits Unprecedented Speed In early 2021, the Bitcoin hashrate was less than 200 EH/s, but it rose to more than 400 EH/s by late 2023. But since late 2024, prices have increased more than twice. Miners are using improved ASIC hardware which has added to the increase. New entrants and mining farms are also expanding operations, especially in energy-rich regions. #BITCOIN HASHRATE IS RIPPING!!! PRICE WILL FOLLOW SOON 🚀 pic.twitter.com/jHQq0Tm8zj — Vivek⚡️ (@Vivek4real_) June 7, 2025 Notably, the most recent stretch has shifted from orange to red on the heatmap, reflecting extreme growth momentum. While the trend has been upward for years, the current growth rate is unusually steep. Market Price Edges Up Amid Rising Network Strength With the network growing, the market price of Bitcoin has steadily risen. At this moment, BTC is being traded for $104,947. Over the last 24 hours, this has grown by 1.7%. Despite some changes, the price stays above the critical support of $103,193. At the same time, selling pressure may occur at around $105,213. With the price nearing this threshold, traders are watching closely for potential breakouts. However, recent market movement has remained measured and within technical boundaries. Technical Levels Suggest Ongoing Price Stability Currently, Bitcoin maintains its position above the short-term support line of $103,193. This level has held firm despite broader volatility. The price range between support and resistance remains narrow, indicating relatively stable conditions. While trading volume data was not disclosed, price behavior suggests balanced activity between buyers and sellers. The 1.0000 BTC valuation remains unchanged, indicating steady parity in unit pricing. As market participants monitor hashrate trends, technical indicators continue providing structure for price action. Bitcoin’s current market setup reflects both growing network strength and cautious trading dynamics.
Magic Eden price nears all-time low as 15% dip extends downtrend
Magic Eden is down 15% as the price extends the downtrend. The ME token rose sharply before paring all the gains after Trump’s sons distanced the Trump Organization from a new wallet announcement. Magic Eden price could dip to support around $0.78, its all-time low reached in April. Magic Eden (ME) price is down by more than 15% in the last 24 hours as the altcoin extends losses since the sharp downturn from highs of $1.15 on June 3, 2025. ME traded around $0.87 amid ongoing downside pressure after recent wallet-related news drama brought the bears out in full swing. Notably, the declines have the Magic Eden token trending towards its all-time low of $0.78 reached in early April. Data from CoinMarketCap, which also shows a 58% dip in trading volume, suggests the ATL is about 21% off current price levels. Why is the Magic Eden price down today? As noted above, the ME token skyrocketed earlier this week, jumping sharply to hit $1.15 from around $0.8 amid trader excitement. The catalyst for this vertical move, as seen in the chart below, was the announcement of a Trump-branded crypto wallet. The Magic Eden social media post on X shared the “big news”, alluding to a partnership between Magic Eden and GetTrumpMemes.com. The news hinted at “the First and Only Crypto Wallet for True Trump Fans.” BIG NEWS! The Official $TRUMP WALLET is COMING SOON! The First and Only Crypto Wallet for True Trump Fans. Join the FREE waitlist for a chance to get a share of $1 MILLION IN $TRUMP REWARDS! Go to https://t.co/PVCQ6YXQ5v NOW! The $TRUMP Wallet is Powered by @magiceden pic.twitter.com/KA26RzjY6m — Magic Eden 🪄 (@MagicEden) June 3, 2025 Reaction across the crypto space was whether this was legit, with many pointing to what it meant for the TRUMP and ME tokens. But shortly after the Magic Eden team shared the news, Donald Trump Jr. posted a public disclaimer that the Trump Organization was not part of the said TRUMP wallet. The same message came from Eric Trump, President Donald Trump’s other son. Eric cautioned Magic Eden in a post on X: “I would be extremely careful using our name in a project that has not been approved and is unknown to anyone in our organization.” ME token technical outlook Market reaction to the chain of events flipped from positive for ME to negative, with the token dipping below $1. The retracement has continued in the past 24 hours, bringing the Magic Eden token’s value to below $0.9 on June 5. Magic Eden price chart by TradingView While the Magic Eden price could flip higher from current levels, the technical picture supports a bearish move. The RSI on the 4-hour chart is below 50 and indicates a downward move, while the MACD signals bearish strength amid a rising negative histogram. Further downside action, mirroring broader market weakness, sees the ME token poised near $0.87. If price breaks lower, it could fall to the $0.78 support area.
HTX Reveals Evolving Listing Strategy: Decoding the Future of Memes and Narratives from HPOS10I to Moonpig
HTX, a leading global cryptocurrency exchange, today unveiled key insights into its refined asset listing strategy, demonstrating a significant pivot from traditional evaluation metrics towards a focus on genuine community consensus, compelling narratives, and project transparency. This strategic evolution sets HTX apart from other major exchanges and reflects a deeper understanding of the shifting dynamics within the crypto market. Major exchanges have historically adopted divergent listing approaches. Binance often prioritizes projects with established user bases, reputable teams, or substantial strategic investments, reinforcing “official incubation” labels like Alpha and Launchpool to highlight platform empowerment and compliance. Conversely, OKX leverages its robust wallet ecosystem to foster community engagement, with on-chain performance serving as a crucial indicator of liquidity. HTX, however, has carved out a unique position in its latest assets listings. Moving beyond reliance on funding rounds or established venture capital, HTX’s criteria now heavily weigh community buzz, compelling narratives, and project transparency. This fresh perspective underpins a listing philosophy centered on identifying “genuine consensus”.The diversity of new additions in HTX’s recent New Listing zone—HPOS10I, SOON, and Moonpig—clearly demonstrates this approach. These projects, spanning viral memes, innovative technology, and organic community-driven initiatives, reflect different dimensions of the market. This illustrates how HTX Exchange develops its system for identifying high-quality assets with strong growth potential—through the lens of the platform, the project, and the user. Platform Perspective: Community-Led, Deep Narratives, and On-Chain Activity Define a New Listing Formula Exchange listings have typically focused on backend support, capital influence, or strategic wagers. However, HTX’s latest selection strategy signals a notable shift: while traffic remains a key factor, greater scrutiny is placed on the source of that traffic and the sustainability of its growth narrative.“HarryPotterObamaSonic10Inu” (HPOS10I), dubbed the “ultimate meme,” rose to prominence with its unique blend of chaotic narrative, community autonomy, and extensive cultural reach. What caught HTX’s attention was the genuine self-organizing power of its community and the rich narrative potential spanning NFTs, e-commerce, and multiple brand IPs. HTX’s decision to list HPOS10I signals a shift in trends: exchanges are moving beyond chasing short-term traffic to valuing the combined potential of deep narratives and ecosystem growth. Project Perspective: Where Tech Meets Meme with True Innovation In a narrative-driven market, purely technical projects often struggle to attract early liquidity without rapidly establishing an emotional connection. SOON effectively addresses this challenge.Its “Super App Stack (SAS)” model provides not only an L1-facing Rollup solution but also seamlessly integrates Web2 user scenarios, such as live streaming platforms and content portals, with on-chain technology. This establishes a closed loop from foundational technology to the end-user experience. HTX’s listing of SOON sends a clear message: exchanges are now encouraging “narrative-friendly tech.” “Tech that can tell a story” is becoming more sought after than purely complex, “hard-core” technical stacks. User Perspective: Fair Launch Grassroots Projects Can Gain Mainstream Platform Recognition Moonpig is a typical Pump.fun-native project, launched with no pre sales or VC backing, and driven entirely by its community. Its rapid surge in community engagement, powered by fair-launch mechanics and a lighthearted, meme-driven culture, reflects a deeply decentralized ethos. Moonpig serves as clear proof that even grassroots projects can gain recognition from centralized platforms.By listing Moonpig, HTX has delivered an obvious message: more organically grown, on-chain grassroots projects will have real opportunities for recognition and official listings on centralized platforms. Meme projects that organically emerge and grow within on-chain communities and meet the criteria for transparency and engagement can also earn the trust of exchanges and gain access to valuable resources. HTX’s Three Pillars for Spotting Tomorrow’s Valued Assets Based on the newly listed assets, HTX’s current listing strategy crystallizes into three core principles: 1. Meme Projects with Lasting Narratives: The focus is on memes supported by authentic, self-governed communities and enduring cultural relevance—projects that evolve from simple memes into valuable IP beyond mere speculation. 2. Narrative-Driven Tech Infra: Essential elements include solid tech, approachable narratives, and quick user attraction. Infra projects must leverage clear branding and “meme-like” narratives to connect with users and liquidity, rather than remaining obscure in complex whitepapers. 3. Grassroots On-Chain Native Projects: Success depends on fair on-chain launches and genuine community consensus. “Grassroots Memes” with transparent operations, equitable beginnings, and a clean short-term track record are the next dark horses ready to gain recognition. As an established mainstream trading platform, HTX has distinctly shifted its listing strategy in this new cycle, shifting from a reactive “hotspot tracking” model to a more proactive, narrative-driven approach. The rationale is clear: the meme market has advanced beyond simple image-based jokes to embody deeper cultural identities and community affiliations. Concurrently, technical projects are gaining mainstream recognition not through traditional business development, but by embedding themselves into core communities through fresh narratives that better resonate with user contexts. Amidst this evolution, the role of exchanges is also transforming. They are no longer simply facilitators for asset listings, but increasingly act as critical selectors of compelling cultural narratives and robust consensus value. About HTX Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses. As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide. To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX onX, Telegram, and Discord.
Bitcoin Surges as Global M2 Liquidity Soars to Record Levels
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.
New spot margin trading pair — SOON/USDT!
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 with Trillions of Dollars Flowing into the Market
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.
Bitget has launched USDT-margined SOON perpetual contracts
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.
SOONUSDT now launched for futures trading and trading bots
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 >>>
SOON briefly falls below $0.5
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.
SOON Announces Tokenomics Model, Simpfor.fun V2 Live Copy Trading Tool Launches Simultaneously
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: NFT and Airdrop Claims Scheduled to Begin on May 23
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 to Launch PoolX and CandyBomb Soon, Distributing 350,000 SOON Tokens
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).
Bitget x SOON Carnival: Grab a share of 408,334 SOON!
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 >>>
[Initial Listing]Bitget Will List SOON (SOON) in the Innovation and Solana Ecosystem Zone!
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 >>>
Funding $20M+ with Binance Alpha as Lead Investor, will SOON be able to sustain a $1B+ valuation?
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
SOON reveals 80 million token airdrop after raising $22 million
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
Filled orders
Delivery scenarios
