What Is SOON (SOON)? Solana Virtual Machine Meets Ethereum Security in Layer 2
SOON (SOON) listing is generating significant buzz across the crypto market. As the core token of the Solana Optimistic Network, the project combines Solana's speed with Ethereum's security through its innovative technical architecture and community-driven distribution model.
While the official spot market debut date remains pending, Bitget has already introduced SOON to its pre-market trading platform starting May 12, 2025. Users can engage in peer-to-peer trading under the SOON/USDT pair through both Coin Settlement and USDT Settlement methods.
This article will guide you through every aspect of SOON (SOON), from its decoupled SVM execution and Merklization features to price predictions and purchase instructions.
What is SOON (SOON)?
SOON (SOON) is a high-performance Layer 2 solution that brings the Solana Virtual Machine (SVM) to Ethereum and other Layer 1 blockchains. The project positions itself as the "Vercel of Web3," focusing on rapid deployment, wide integration, and high efficiency across multiple blockchain ecosystems.
Key Features
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SOON Mainnet:
A general-purpose Layer 2 settling on Ethereum that enhances transaction processing from approximately 5,000 to 600,000 TPS through a decoupled SVM execution layer.
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SOON Stack:
A modular infrastructure enabling the deployment of SVM-based Layer 2 networks on any base Layer 1 blockchain, supporting custom applications, high-performance gaming, and financial platforms.
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InterSOON:
A cross-chain messaging protocol built on Hyperlane that ensures seamless interaction between networks, facilitating comprehensive interoperability across the blockchain landscape.
These pillars form SOON's Super Adoption Stack (SAS) and create a unified blockchain environment with impressive performance metrics: over 30,000 transactions per second, 50ms confirmation times, and transaction fees below $0.01.
With $15.76 million in Total Value Locked and over 1.4 million active addresses, SOON (SOON) demonstrates significant early adoption and operational capability.
SOON (SOON) Secures $22 Million Funding Through NFT Sales
In January 2025, SOON (SOON) successfully raised $22 million through its "COMMing SOON" NFT sales initiative, securing critical funding for its upcoming Layer 2 mainnet launch.
The upcoming SOON mainnet integrates Solana's Virtual Machine as its execution layer while settling transactions on Ethereum, creating a hybrid solution with impressive 50-millisecond block times.
The platform's decoupled SVM architecture has already demonstrated strong performance metrics on its testnet, processing over $102 million in transactions and securing more than 11,000 ETH in just two months of operation.
How Does SOON (SOON) Work?
SOON (SOON) leverages advanced technologies to deliver exceptional performance while maintaining security and cross-chain capabilities. The core technical components behind this project include:
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Decoupled SVM Execution:
SOON (SOON) separates the Solana Virtual Machine execution layer from the consensus layer, allowing transactions to be processed on SVM but settled on various Layer 1 blockchains like Ethereum. This separation achieves 50ms confirmation times with transaction fees below $0.01.
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Optimistic Rollups:
Transactions on SOON are presumed valid by default, significantly reducing Layer 1 blockchain load. The system processes transactions off-chain and only submits completed batches for settlement, with a dispute period allowing for transaction reversals if fraud is detected.
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Firedancer Integration:
SOON (SOON) has successfully integrated Jump Crypto's high-performance Solana client into its Devnet, achieving stable throughput of 80,000 TPS. This integration represents the first implementation of Firedancer in an SVM-based chain, unlocking next-level real-time performance.
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TPU Distribution Architecture:
By implementing Transaction Processing Unit distribution and Producer-Consumer architecture with SIMD83 optimization, SOON (SOON) enables truly horizontal scaling where new nodes handle portions of transactions independently, allowing for theoretically infinite network growth.
By combining these innovations with strong security through Merklization techniques, SOON (SOON) aims to become a sustainable infrastructure layer connecting multiple blockchain ecosystems in a unified, high-performance network.
SOON (SOON)'s Team, Vision, and Partnerships
The Team
SOON (SOON) is led by Joanna Zeng, a distinguished professional with over 7 years in the cryptocurrency industry and 13 years in traditional finance.
Her impressive career includes leadership positions at Coinbase, Optimism Foundation, and Aleo, where she spearheaded business development and product initiatives.
The Vision
SOON (SOON) aims to establish a new paradigm where blockchain networks can efficiently communicate and share resources, ultimately driving mass adoption through superior performance and user experience.
The initiative’s core lies in creating a unified blockchain ecosystem through its Super Adoption Stack (SAS). It envisions solving liquidity fragmentation and interoperability challenges by enabling SVM deployment across multiple Layer 1 blockchains.
Partnerships
SOON (SOON) has built an extensive ecosystem with approximately 20 projects spanning multiple sectors. Key partnerships include:
- Wallet providers.
- DeFi platforms (Portal Finance, Raptor, Alita, EnsoFi, Blendy, Sponge, Cobalt X).
- Infrastructure solutions (Hyperlane, Apro, SQD, Comet)
- AI & DePIN services (AeroNyx, Gigentic)
- Consumer applications (CoindPay, Polyquest).
- RAAS providers (Caldera, Altlayer).
Use Cases of SOON (SOON)
The utility token plays essential roles in governance, operations, and ecosystem development. Specifically:
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Governance Participation:
SOON holders can vote on protocol upgrades, treasury management, and ecosystem development for both SOON Mainnet and SOON Chains, ensuring decentralized decision-making.
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Transaction Fee Payment:
The token is used to pay for all operations across the SOON ecosystem, creating consistent utility demand from developers and users interacting with decentralized applications.
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Network Security Staking:
Users can stake SOON tokens to secure the network, contributing to system stability while earning rewards for their participation.
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Deflationary Mechanism:
A portion of transaction fees is allocated to buy back and burn SOON tokens, creating deflationary pressure that potentially enhances long-term value for holders.
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Innovation Incentives:
The token rewards developers and ecosystem contributors through grants and performance-based incentives, fostering continuous innovation and ecosystem growth.
These use cases provide significant value for token holders and set SOON (SOON) as the basic utility token that powers a self-sustaining, community-driven blockchain ecosystem.
Roadmap of SOON (SOON)
The roadmap for SOON (SOON) outlines a clear path for growth and innovation in the Layer 2 ecosystem:
- Enhance rollup scalability and performance through infrastructure optimizations and Firedancer client integration across all networks.
- Expand blockchain compatibility beyond Ethereum to additional Layer 1 networks, focusing on BNB Chain and Base integration.
- Implement privacy-preserving features leveraging zero-knowledge proofs while transitioning to fully decentralized governance.
These development milestones show SOON's dedication to becoming a top Layer 2 solution. The path of the project is on a thorough architecture supporting high-performance applications while preserving security and interoperability.
How to Buy SOON (SOON) on Bitget Wallet?
Trading SOON (SOON) is easy on Bitget Wallet. Follow these simple steps to get started:
Step 1: Create an Account
If you don't have an account, download the Bitget Wallet app. Sign up by providing the necessary information and verifying your identity.
Step 2: Deposit Funds
Once your account is set up, you need to deposit funds. You can do this by:
- Transferring Cryptocurrency: Send crypto from another wallet.
- Buying Crypto: Use a credit or debit card to purchase crypto directly on Bitget Wallet, ensuring you have enough funds for trading SOON (SOON).
Step 3: Find SOON (SOON)
In the Bitget Wallet interface, navigate to the market section. Use the search bar to find SOON (SOON). Click on the token to view its trading page.
Since this token has not been listed yet, please refer to the final contract address provided by the project team after the token is officially listed.
Step 4: Choose Your Trading Pair
Select the trading pair you wish to use, such as SOON/USDT. This will allow you to trade SOON (SOON) against USDT or another cryptocurrency.
Step 5: Place Your Order
Decide whether you want to place a market order (buy/sell at the current market price) or a limit order (set your own price). Enter the amount of SOON (SOON) you wish to buy or sell, then confirm your order.
Step 6: Monitor Your Trade
After placing your order, you can monitor its status in the “Open Orders” section. Once the order is executed, you can check your balance to see your newly acquired SOON (SOON).
Step 7: Withdraw Your Funds (Optional)
If you wish to transfer your SOON (SOON) or any other cryptocurrency to another wallet, navigate to the withdrawal section, enter your wallet address, and confirm the transaction.
Conclusion
SOON (SOON) listing on Bitget represents a huge milestone for this innovative Layer 2 solution. With its decoupled SVM architecture, horizontal scaling capabilities, and thriving ecosystem, SOON (SOON) provides a compelling infrastructure for developers seeking high-performance blockchain solutions with cross-chain compatibility.
For investors and developers interested in participating in SOON's ecosystem, Bitget Wallet is the ideal platform to manage your SOON tokens securely. Download Bitget Wallet today to access the pre-market trading opportunity and position yourself early in this promising project.
FAQs
1. What is the total supply of SOON tokens and how are they distributed?
SOON (SOON) has a fixed total supply of 1 billion tokens with 51% allocated to the community, 25% to ecosystem development, 10% to the team, 8% for airdrops and liquidity, and 6% to treasury.
2. How can I participate in the SOON (SOON) airdrop program?
Link your wallet to the SOON Big Bang page, bridge assets to SOON Mainnet, engage with participating ecosystem projects, and do tasks to get leaderboard points.
3. What makes SOON (SOON) different from other Layer 2 solutions?
SOON (SOON) uniquely combines Solana's SVM performance with Ethereum's security through decoupled architecture, achieving 50ms confirmation times while supporting cross-chain interoperability across multiple Layer 1 blockchains.
Risk Disclosure
Please be aware that cryptocurrency trading involves high market risk. Bitget Wallet is not responsible for any trading losses incurred. Always perform your own research and trade responsibly.
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