SOON shows a remarkable +97% surge in 24 hours, reaching $0.49, with a market cap of $118 million and a daily volume of 302 million. Its success is driven by its innovative technology enabling the use of the Solana Virtual Machine on any Layer 1 blockchain.
This breakthrough creates Layer 2 rollups combining Solana’s speed and low fees with the security of blockchains like Ethereum. As the multi-chain ecosystem grows, it stands as a key solution for blockchain interoperability.
SOON’s key innovation is its “decoupled SVM”, which separates the Solana Virtual Machine from the Solana blockchain, enabling Solana-compatible environments to be deployed on any Layer 1. Thanks to native parallel execution via Sealevel, SOON delivers revolutionary performance to decentralized applications, even on slower networks.
Developers can now use Solana tools while benefiting from Ethereum’s security, creating a unified, high-performance, and secure ecosystem. This growing adoption could support SOON token growth in the coming months.
With SOON at $0.49 after its spectacular +97% rise, investors are evaluating the potential of this promising technology capable of transforming blockchain interoperability. However, the recent strong growth calls for caution to avoid buying at the peak of a speculative movement.
Its strategic positioning in the multi-chain ecosystem makes it a project to watch closely. Its ability to unify blockchains while preserving their performance could be decisive for its future adoption.
This cross-chain SVM innovation perfectly illustrates how technical advances can open up new investment perspectives. As always, it’s essential to carefully evaluate technical and market risks before committing.
Passionate about cryptocurrencies since 2019, I cover the latest news through clear and accessible articles. My goal is to make crypto understandable for everyone, with reliable and well-researched content.
DISCLAIMER
This article is for informational purposes only and should not be considered as investment advice. Trading cryptocurrencies involves risks, and it is important not to invest more than you can afford to lose.
InvestX is not responsible for the quality of the products or services presented on this page and cannot be held liable, directly or indirectly, for any damage or loss caused by the use of any product or service featured in this article. Investments in crypto assets are inherently risky; readers should conduct their own research before taking any action and invest only within their financial means. This article does not constitute investment advice.
Risk Warning : Trading financial instruments and/or cryptocurrencies carries a high level of risk, including the possibility of losing all or part of your investment. It may not be suitable for all investors. Cryptocurrency prices are highly volatile and can be influenced by external factors such as financial, regulatory, or political events. Margin trading increases financial risks.
CFDs (Contracts for Difference) are complex instruments with a high risk of rapid capital loss due to leverage. Between 74% and 89% of retail investor accounts lose money when trading CFDs. You should assess whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Before engaging in financial or cryptocurrency trading, you must be fully informed about the associated risks and fees, carefully evaluate your investment objectives, level of experience, and risk tolerance, and seek professional advice if needed. InvestX.fr and the InvestX application may provide general market commentary, which does not constitute investment advice and should not be interpreted as such. Please consult an independent financial advisor for any investment-related questions. InvestX.fr disclaims any liability for errors, misinvestments, inaccuracies, or omissions and does not guarantee the accuracy or completeness of the information, texts, graphics, links, or other materials provided.
Some of the partners featured on this site may not be regulated in your country. It is your responsibility to verify the compliance of these services with local regulations before using them.
