SOON Transitions to Full-Stack Infrastructure and Derivative DEX Provider, Leveraging SVM

Executive Summary

SOON has officially transitioned from a high-performance public chain to a full-stack infrastructure and derivative decentralized exchange (DEX) provider, launching its High-Performance Infra Stack and Perp DEX Stack. This strategic pivot leverages its Solana Virtual Machine (SVM) solution, aiming to expand SVM's coverage from developer ecosystems to enterprise-level applications.

The Strategic Transition

SOON's strategic upgrade marks its evolution from a public chain to a comprehensive provider of blockchain infrastructure and DeFi derivative solutions. This transition involves the introduction of the High-Performance Infra Stack and Perp DEX Stack, both powered by SOON's SVM solution. The core objective is to meet increasing market demand for performance, compliance, and security within the blockchain space. This move signifies a shift from a purely technical narrative to real-world commercial implementation, positioning SOON as a "high-performance service provider" in the Web3 ecosystem. The SOON stack is described as an efficient rollup stack designed to deliver high performance to various Layer 1 blockchains, utilizing a decoupled SVM architecture that enables SVM rollups across different Layer 1s with native fraud proofs, reduced data availability costs, and horizontal scaling capabilities.

Financial Performance and Funding

SOON has demonstrated notable market activity following recent developments. The price of SOON (SOON) token is currently valued at $0.7623, reflecting a 61.29% increase in the last 24 hours and a 117.42% increase over the past seven days. With a circulating supply of 260 million SOON, its market capitalization stands at $201,351,929. The 24-hour trading volume for SOON is $297,714,541. The token's accessibility expanded following its listing on Kraken, which contributed to a 25% price surge within 24 hours, reaching approximately $0.48. Other major exchanges for trading SOON include Bithumb, where the SOON/KRW pair recently recorded a trading volume of $50,858,478, as well as OrangeX and Bitunix. In January 2025, SOON secured $22 million through its "COMMing SOON" NFT sales initiative, providing crucial funding for its Layer 2 mainnet launch.

Business Strategy and Market Positioning

SOON positions itself as a "Vercel of Web3," focusing on rapid deployment, wide integration, and high efficiency across multiple blockchain ecosystems. Its Super Adoption Stack (SAS) creates native interoperability among all SOON chains, as well as with the Solana (SOL) and TON networks. This design allows developers within the SOON ecosystem to access users without exiting the environment, providing a cost-effective user acquisition tool. The platform's technical framework includes a Layer 2 solution that brings the Solana Virtual Machine (SVM) to Ethereum and other Layer 1 blockchains, processing transactions on SVM while settling them on the underlying Layer 1. This decoupled SVM execution layer enhances transaction processing from approximately 5,000 to 600,000 transactions per second (TPS), achieving 50-millisecond confirmation times and transaction fees below $0.01. The platform has already demonstrated strong traction with $15.76 million in Total Value Locked (TVL) and over 1.4 million active addresses. This strategic direction aligns with the broader industry trend of enterprises increasingly adopting Solana for its speed, cost-effectiveness, and robust developer ecosystem, positioning SOON to capitalize on the demand for scalable blockchain infrastructure.

Broader Market Implications

SOON's strategic upgrade carries potential implications for the wider Web3 ecosystem, particularly regarding corporate adoption trends and investor sentiment. By expanding into full-stack infrastructure and derivative DEX provision, SOON aims to significantly enhance its market share in blockchain infrastructure and DeFi derivatives. The move is anticipated to attract more developers and institutional adoption to the SVM ecosystem, addressing the growing demand for specialized, high-performance blockchain solutions. The development of its Perp DEX Stack positions SOON to potentially rival existing platforms by offering advanced DeFi functionalities. The project's focus on solving liquidity fragmentation and interoperability challenges through its Super Adoption Stack (SAS) and cross-chain messaging protocol, InterSOON, contributes to the vision of a more unified blockchain environment. This strategic pivot highlights the increasing need for scalable and efficient Layer 2 solutions leveraging virtual machines like SVM, a trend also observed in projects like HYPER, which uses SVM for its Bitcoin Layer 2 solution to integrate DeFi, NFTs, and GameFi onto Bitcoin.