SOON 

SOON Price

What is SOON token (Solana Optimistic Network)?

SOON is a project that builds a decoupled Solana Virtual Machine (SVM) rollup stack, letting high-throughput SVM Layer-2s deploy on any Layer-1 ecosystem. The stack has three products: SOON Mainnet (an SVM rollup settling to Ethereum), SOON Stack (a rollup deployment framework), and InterSOON (a cross-chain messaging protocol). Joanna Zeng founded SOON in June 2024, and smart-contract audits by BEOSIN and BlockSec are published in the official docs. The SOON token is native to all ecosystem components and exists as contracts on Solana, BSC, and Base.

Is SOON a Solana Layer 2?

No. SOON does not scale Solana itself: the project builds SVM rollups that deploy on other Layer-1 networks. SOON Mainnet settles to Ethereum, and the SOON Stack lets any ecosystem launch a Solana-grade execution layer of its own. DropsTab classifies SOON under Layer-2 and Cross-Chain Communication, which reflects the rollup design rather than a position inside the Solana stack.

What is the SOON token used for?

SOON serves four functions in the ecosystem. Holders use SOON for governance over protocol upgrades, treasury decisions, and grants; the token acts as the native gas asset across SOON chains; builders receive SOON through incentive programs; and validators stake SOON to secure a fast-finality settlement mechanism. Staking rewards include an annual 3% token incentive per the official documentation.

Does SOON token have a maximum supply?

No. SOON launched with an initial total supply of 1,000,000,000 tokens and a documented 3% annual inflation rate, with no hard maximum cap. The SOON Foundation also burned 30,000,000 SOON under community proposal SIP-1, a burn triggered by a July 5 market-manipulation event. Ongoing inflation plus continuous daily emission means SOON has an elastic supply rather than a fixed ceiling.

What does SOON's vesting and unlock schedule mean for investors?

Per DropsTab data, the SOON token generation event took place on May 23, 2025, with roughly 196.3M SOON (about 19.6% of the initial supply) unlocked on day one across five buckets. After TGE, five allocations switch to daily linear releases, including roughly 860,000 SOON per day from the SOONer bucket. This steady emission compounds with 3% annual inflation, so SOON carries continuous structural sell pressure rather than a single large cliff.

Who backed SOON?

An angel round on August 27, 2024 included Anatoly Yakovenko (Solana co-founder), Lily Liu, Mustafa Al-Bassam, Kartik Talwar, and Amrit Kumar; the amount was not publicly disclosed. DropsTab fundraising data shows an NFT sale on January 22, 2025 raised $22,000,000 with Hypersphere Ventures, SNZ Holding, and ArkStream Capital among participants. A strategic round on June 11, 2025 raised $5,000,000 from Jump Crypto, Amber Group, and four angels.

What does SOON's fundraising signal about project maturity?

SOON raised $27M in disclosed funding across two priced rounds, per DropsTab fundraising data, with no single investor recorded as lead in any round. A Tier 1 backer (Jump Crypto) joined the strategic round alongside market maker Amber Group, and the January 2025 NFT sale distributed tokens directly to the community instead of concentrating allocation in one large VC round. Insider-linked buckets (25% Ecosystem plus 10% Team & Cobuilders) still gate a large share of supply.

How did the SOON airdrop work?

The airdrop drew on two community buckets: 12% of supply allocated to NFT holders and 8% to airdrop and liquidity. Users checked eligibility and allocation through the official claim portal, and the NFT-holder bucket alone released 20.4M SOON (2.04% of initial supply) on TGE day, May 23, 2025. A later claim round closed at 23:59 UTC on September 30, 2025. All recorded SOON campaigns, including the testnet, the January 2025 NFT sale, and the SOON Big Bang point-farming program, have ended.

Where can you buy SOON token?

Trading is broad across venue types, with 30+ markets on 25+ venues per DropsTab data. Centralized exchange spot venues include Upbit (SOON/KRW and SOON/BTC), Kraken (EUR and USD pairs), KuCoin, Gate, Bitget, HTX, and MEXC. Perpetual futures trade on Binance Futures, OKX, Bybit, and Kraken Futures. Decentralized options run on Solana DEXs (Meteora, Raydium) and on Base (Uniswap V4, Aerodrome), matching the token's multichain contracts.