SOON officially launched today across major exchanges, fueling a strong post-launch rally. Alongisde SOON TGE, Soon unveiled its updated tokenomics and announced a major update to its copy-trading platform Simpfor.fun.
SOON (SOON), the native token of the Solana Optimistic Network, soared by over 35% following a rapid-fire series of exchange listings at its official launch on May 23, with Bithumb, OKX, Upbit, KuCoin, MEXC and others launching support for SOON across spot and futures markets.
The token was launched alongside a slew of airdrop and promotional campaigns. Binance Alpha users with 190 Alpha Points are eligible to claim 180 SOON tokens starting today, in a limited-time airdrop that consumes 15 points per claim. KuCoin kicked off a 130,000 SOON giveaway through a trading and affiliate event running through May 30 and June 2, respectively, rewarding top traders and referrers.
In addition to the SOON TGE, Soon launched Simpfor.fun V2, a major update to Soon’s copy-trading platform, which introduced intuitive one-click copy-trading on Hyperliquid, support for RWAs, and a personalized trader tracking feature. They will also soon launch a livestreaming copy-trading extension, allowing users to interact and trade directly through platforms like Twitch via embedded LiveTrade widgets.
Today, SOON also announced its tokenomics, which allocate 51% to the community, 10% to the team and co-builders, 6% to the foundation/treasury, 25% to the ecosystem, and 8% for airdrops and liquidity.
Behind the SOON token is rapidly expanding Layer 2 ecosystem built on the Solana Virtual Machine. SOON differentiates itself as the most efficient Rollup Stack available, delivering high throughput and compatibility across any Layer 1 chain. At its core is the Decoupled SVM— a specialized implementation that improves execution speed and security by splitting the Transaction Processing Unit and Proof of History, enabling better fraud prevention and lower data availability overhead.
The SOON stack also features zk fraud proof capabilities, allowing fast and secure settlement across multiple L1s, significantly reducing bridge wait times from a week to approximately one day. Additionally, the platform supports configurable data availability through integrations with EigenDA, Avail, and Celestia, which enables developers to optimize for cost and performance without needing to fork the stack.
