New Listing SOON: Trade on Bitrue Now

2025-05-24

The crypto market is set to welcome a high-performance Layer 2 project with the new listing SOON on Bitrue! Starting May 23, 2025, users will be able to trade the SOON/USDT spot pair on the exchange, with exclusive benefits including zero trading fees for the first three days.

This listing marks a significant step forward for the SOON ecosystem, bringing greater visibility and access to one of the most promising new tokens in the blockchain space.

SOON is not just another Layer 2 project. It is engineered to deliver exceptional speed and scalability, offering solutions that aim to bridge various Layer 1 chains. It’s worth taking a closer look at what SOON represents, its tokenomics, and what traders can expect when the token becomes available on Bitrue.

What is SOON (SOON)?

SOON is the native utility token of the Solana Optimistic Network (SOON), a cutting-edge Layer 2 platform built to enhance scalability across multiple Layer 1 blockchains, including Ethereum and Solana.

It is designed to support fast, secure, and efficient execution for decentralized applications (dApps) through the use of the Solana Virtual Machine (SVM) as its core execution environment.

Unlike traditional rollups, SOON operates with a decoupled SVM, allowing it to maintain Solana’s performance while remaining independent of Solana’s consensus. This architecture enables the network to process transactions with block times as low as 50 milliseconds and a throughput of over 30,000 transactions per second (TPS).

Combined with Ethereum’s settlement layer, SOON achieves both speed and security, making it an attractive option for developers and users alike.

About SOON Token

The SOON token serves multiple functions within the ecosystem. It is used for governance, transaction fees, staking, and rewarding contributors. The token fuels the entire SOON infrastructure, including its three core products:

SOON Mainnet: A general-purpose Layer 2 network that settles on Ethereum and uses the Decoupled SVM for execution.
SOON Stack: A modular infrastructure kit that allows developers to launch SVM-based Layer 2 chains on various Layer 1 blockchains.
InterSOON: A cross-chain messaging system that connects SOON Chains and external networks through Hyperlane, enabling seamless interoperability.

These components work together to support SOON's vision of mass blockchain adoption by lowering technical barriers and expanding developer capabilities.

SOON Tokenomics Details

Soon Tokenomics details.

Understanding the token’s distribution and use is crucial for anyone considering trading or holding SOON. Here are the key details:

Total Supply: 1,000,000,000 SOON

Annual Inflation Rate: 3%

Distribution Breakdown:

Community (51%): Distributed via a fair launch and as rewards for early supporters.
Ecosystem Fund (25%): Used to fund partnerships, grants, integrations, and strategic development.
Airdrop & Liquidity (8%): Reserved for exchange liquidity and user onboarding incentives.
Foundation/Treasury (6%): Secures long-term sustainability and operational funding.
Team & Cobuilders (10%): Allocated to core contributors and developers.

Token Utility:

Governance: Token holders can vote on protocol upgrades, treasury management, and project decisions.
Native Asset: Used across all SOON Chains and the mainnet for transactions and services.
Incentives: Builders, dApps, and ecosystem contributors are rewarded in SOON tokens.
Staking: Validators can stake SOON to support network security and receive annual rewards, including a 3% staking incentive.

This comprehensive utility design ensures the SOON token plays a central role in supporting and growing its network.

SOON Listing On Bitrue: Trade Now!

Bitrue has opened trading for the SOON/USDT pair starting May 23, 2025, at 11:00 UTC. Deposits are already open, and withdrawals began on May 24.

To celebrate the listing, Bitrue is offering zero trading fees for the first three days and exclusive staking opportunities with high APYs through its Power Piggy program.

Additionally, new users who sign up and complete simple tasks stand a chance to win rewards worth up to 1,012 USDT. This makes it a great time for both seasoned traders and newcomers to explore the potential of the SOON token.

SOON’s trading debut has been eventful, with a 24-hour high of $0.5854 and a low of $0.2000. As seen in the live chart, early volatility has created both risks and opportunities, attracting active trading interest on Bitrue.

Frequently Asked Questions (FAQ)

What is a SOON token?

The $SOON token is what powers the Solana Optimistic Network. This network is a high-performance solution built on Solana that provides scalable and cost-effective infrastructure for various other blockchain systems like Ethereum and BNB Chain.

Where can I trade SOON tokens?

You can trade SOON/USDT on Bitrue. Trading started on May 23, 2025, and includes a three-day period with zero trading fees.

What is the utility of the SOON token?

SOON tokens are used for farming, staking, voting, and participating in launches and purchases within the TON Station platform.

What makes the SOON token different?

SOON tokens have no lockups or vesting periods, making them fully liquid upon distribution. The project also emphasizes community distribution rather than VC funding.