What is SOON (SOON)? The First SVM Rollup Solution on Solana

This article is machine translated
Show original
What is SOON
What is SOON

What is SOON?

SOON is a high-performance Layer 2 project using Solana Virtual Machine (SVM) to realize the vision of Super Adoption Stack (SAS) – a model aimed at achieving mass adoption in Web3. Instead of focusing on a specific ecosystem, SOON positions itself as a bridge to bring the SVM engine to all Layer 1 (L1), creating a blockchain network with high interoperability, efficiency, and scalability.

SOON's Vision
SOON's Vision

The three core products in the SOON ecosystem include:

  • SOON Mainnet – Versatile L2 using Decoupled SVM.
  • SOON Stack – Infrastructure for deploying SVM Rollup on any L1.
  • InterSOON – Cross-chain messaging protocol supported by Hyperlane.

How does SOON work?

SOON's Structure
SOON's Structure

SOON uses three main technologies to optimize scalability and multi-chain interaction:

  • Decoupled SVM: Allows running SVM independently from Solana, integrating with L1s like Ethereum to process and settle transactions quickly and at low cost.
  • Optimistic Rollups: Transactions are processed off-chain and only results are sent to L1 to reduce load and increase performance.
  • Horizontal Scaling: Expanding horizontally by adding nodes, helping to increase unlimited processing capacity.

SOON aims to break the current limitations of EVM Rollups and position SVM as the standard engine for all future Web3 applications, from gaming and DeFi to AI.

SOON's Products

SOON Mainnet

Bridge to SOON chain
Bridge to SOON chain

A versatile Layer 2 on Ethereum using Decoupled SVM. The goal is to increase TPS from 5,000 to 600,000 and create a developer-friendly environment in the Asia-Pacific region.

SOON Stack

SOON Stack
SOON Stack

A toolkit for deploying SVM Rollup on any L1. Chains deployed through SOON Stack are called SOON Chain.

Use cases of SOON Stack include:

  • Custom transaction cost (custom gas) applications.
  • Real-time, low-latency games.
  • Financial platforms with high transaction processing.

Currently, SOON Stack is integrated with:

  • Ethereum (settlement layer)
  • EigenDA, Avail (DA layer)
  • Caldera, AltLayer (RAAS providers)

InterSOON

InterSOON
InterSOON

A cross-chain messaging protocol that connects SOON Mainnet, SOON Chains, and other L1s through a single communication layer.

Main benefits:

  • Unified Communication Standard – no need for individual bridges.
  • No Liquidation Fragmentation – preserve original token.
  • Performance Optimization – no wrapping needed, reduce transaction fees.

Highlights of SOON

  • First SVM Rollup aimed at bringing SVM to all L1.
  • Super Adoption Stack (SAS) Vision – comprehensively solving liquidation fragmentation and interconnection issues between chains.
  • Decoupled Execution Layer – allowing Ethereum and other chains to use SVM without depending on Solana.
  • Native Interoperability via InterSOON – far beyond traditional token bridges.
  • Extensive integration with RAAS ecosystems like Caldera and AltLayer.

Overview of SOON Token and Tokenomics

Token Metrics

  • Token Name: SOON
  • Token: SOON
  • Blockchain: Solana
  • Contract: Being updated
  • Total Supply: 1,000,000,000 SOON
  • Circulating Supply: Being updated

Token Distribution

SOON Token Distribution
SOON Token Distribution
CategoryPercentage
Community51%
Ecosystem25%
Airdrop & Liquidation8%
Foundation / Treasury6%
Team & Cobuilders10%

Token Release Schedule

Being updated.

Token Utility

  • Governance: Voting for protocol upgrades, resource allocation, fund management.
  • Native Asset: Basic asset for the entire SOON ecosystem.
  • Incentives: Rewards for builders, contributors, and dApps users.
  • Staking: Provide network security, receive approximately 3% annual rewards from inflation.

SOON Token Wallets & Exchanges

Storage Wallets:

  • EVM: MetaMask, Rabby Wallet
  • SVM: Backpack Wallet, OKX Wallet, Nightly

Exchanges:

SOON is currently conducting a public sale, you can access the official website to participate.

Roadmap

  • Q4/2024: Introduce SOON Mainnet and SOON Stack.
  • Q1/2025: Deploy InterSOON, launch public sale.
  • 2025: Expand SOON Stack to multiple L1s, develop builder community and dApp integration.

Project Team

Notable members include:

  • Mustafa Al-Bassam
  • Anatoly Yakovenko (Solana)
  • Lily Liu
  • Kartik Talwar
  • Amrit Kumar

Experienced advisory team and co-builders from various L1 ecosystems.

Investors and Partners

SOON Investors
SOON Investors
  • Angel Investors:
    • Anatoly Yakovenko
    • Lily Liu
    • Kartik Talwar
    • Amrit Kumar
    • Mustafa Al-Bassam
  • Public Round (1/2025):
    • Capital Raised: $21.9 million
    • Investors: Global community and individuals
  • Technical Partners:
    • Hyperlane: cross-chain messaging support
    • Caldera, AltLayer: support RAAS SVM Chain deployment

Similar Projects

ProjectHighlights
EclipseSVM Rollup on Ethereum
Nitro (SeiVM)EVM-compatible chain with performance focus
Movement LabsMove VM + integrated DA
zkSync / OptimismTraditional Rollup (EVM)

Perspective on SOON

SOON is one of the pioneering projects bringing SVM to Layer 2 with the Super Adoption Stack model, targeting powerful scalability while ensuring interoperability between blockchain ecosystems. With support from major names like Anatoly Yakovenko (Solana) and an impressive public sale of over $21 million, SOON demonstrates ambitions to become the fundamental infrastructure for the next generation of Web3 applications.

The ability to integrate with multiple L1s, optimize costs, performance, and cross-chain messaging could help SOON become the top choice for high-performance DeFi, GameFi, or AI/Web3 agent dApps.

Frequently Asked Questions about SOON

  1. How is SOON different from current Layer 2 solutions like Optimism or zkSync?
    → SOON uses SVM instead of EVM, providing higher performance and integrating cross-chain messaging via InterSOON.
  2. Does the SOON token have a staking mechanism?
    → Yes, validators stake SOON to protect the network and receive approximately 3% annual rewards.
  3. Who should be interested in SOON?
    → Developers seeking high-performance Rollup solutions, builders in Solana, Ethereum, or other chain ecosystems wanting to leverage SVM.

Summary

SOON is the first Rollup project integrating Solana Virtual Machine with a separated architecture, promising to open a new era of blockchain scalability and interoperability. With an ecosystem including SOON Mainnet, SOON Stack, and InterSOON, the project is creating a solid foundation for Web3 mass adoption. However, this article is for informational purposes and not investment advice.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments