TL;DR
- Idea: SOON is a Solana Virtual Machine-based optimistic rollup combining high performance of Solanaβs SVM with secure optimistic settlement using zero-knowledge fraud proofs
- Catalyst: Public mainnet launch on 2025-12-18 with first zkSVM rollup live and $22M community-driven funding
- Risks: Early-stage protocol with competition from established Layer 2 networks; security risks around optimistic rollups; sequencer centralization until full decentralization
- Score: 7.00/ 10
Coin
- Name/ Ticker: Solana Optimistic Network (SOON)
- Segment: Layer 2
- Status: live
- Price: $0.392900
Key Metrics
- Market Cap: $151 107 699
- FDV: $389 464 919
- Circulating Supply: 382 974 918
- Total Supply: 987 079 395
- Inflation: 3.00%
Sources
Technology
- USP: First SVM rollup secured by zero-knowledge fraud proofs
- Core Technology: Decoupled Solana Virtual Machine execution layer with optimistic rollup settlement and zk fraud proofs
Roadmap
- 2025-01-03: SOON Alpha Mainnet Launch and Tokenomics Release
- 2025-01-22: Raised $22M via NFT Sale
- 2025-06-11: Strategic $5M Funding Round
- 2025-09-24: ZK Fraud-Proofs Integration on Testnet
- 2025-12-18: Public Mainnet Launch
Team & Investors
Team
- Co-founder & CEO β Joanna Zeng: Ex Coinbase, Optimism and Aleo; led business development and partnerships since 2017
- Co-founder & CTO β Andrew Zhou: Expert in smart contract development and Layer 1 solutions; 5 years Rust and 6 years Golang experience
- Other Core Contributor β :
Investors
- Hack VC β NFT Sale β’ 2025-01-22
- Anagram β NFT Sale β’ 2025-01-22
- Jump Crypto β Strategic Round β’ 2025-06-11
- Amber Group β Strategic Round β’ 2025-06-11
- Nana Murugesan β Strategic Round β’ 2025-06-11
Total funding: $27.00M
Tokenomics
- Utility: Governance, staking, transaction fees, ecosystem incentives
- Next Unlock: (0.00% of circulating)
Pros & Cons
Strengths
- High throughput with 50ms block times
- Integrates Solana SVM for parallel execution
- Zero-knowledge fraud proofs for security
- Community-driven fair launch
- Strong backing from leading investors
- Modular architecture enabling cross-chain deployment
- Horizontal scaling supporting unlimited growth
- Innovative decoupled SVM design
- Active ecosystem with builder-driven growth
Weaknesses
- Early-stage network with limited TVL
- Security risks inherent in optimistic rollups
- Sequencer centralization until full decentralization
- Competition from established L2 solutions
- Inflationary supply may pressure price
- Dependency on Solana and Ethereum layers
- Unproven long-term performance at scale
Price Scenarios (target: 2026-06-24)
- Bear: $0.196500 β Assumes a 50% decline from current price
- Base: $0.392900 β Price remains stable over six months
- Bull: $0.785800 β Assumes 100% increase from current price
How to Buy & Store
CEX
- Kraken
- Gate
- Coinbase
- Binance
- Huobi
DEX
- Uniswap
- SushiSwap
- Hyperliquid
- MEXC DEX
- Gate DEX
Storage
- MetaMask
- Ledger
- Trust Wallet
- Coinbase Wallet
- Exodus
Verdict
SOON presents a compelling high-performance Layer 2 solution leveraging Solanaβs SVM and zk fraud proofs, backed by strong community funding and strategic investors; however, it remains early-stage with typical Layer 2 security and centralization risks.
Official Links
Source: Coin Research (internal)
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