SOON Token: Live Snapshot (as of today)
Price: approximately US $0.60 – 0.62 for 1 SOON.
24-hour trading volume: in the ballpark of US $30 million-US $40 million.
Circulating supply: ~ 295-360 million SOON tokens (depending on the data source).
Market Capitalization: roughly US $175-300 million, depending on supply and listing.
India INR price: roughly ₹52-₹55 per SOON in recent conversion estimates.
So, if you’re reading this right now, that’s where SOON stands in the market.
What’s New: Recent Developments
1. The SOON Foundation has re-opened the claim functionality for the “SOONer” and “SOONest” NFT token holders, provided they’ve completed KYC.
Why it matters: These kinds of claims often draw attention from the community, can drive activity, and may impact token flow.
What to watch: Whether large claims will lead to increased token circulation or sell pressure.
2. Token Unlocking Events: The project timeline shows upcoming unlocks of tokens — for example ~15.92 million SOON scheduled for transfer to certain holders (NFT holders) in late November / December.
Why this matters: Token unlocks can increase supply in the market and often present a head-wind to price, unless offset by demand.
What to watch: Whether the community/governance opts to stake or lock unlocked tokens (as some proposals suggest) which could mitigate sell-pressure.
3. Technology & Ecosystem Movement: SOON’s architecture (built on a Solana Virtual Machine (SVM) roll-up stack) is being emphasized.
Why this is interesting: Technical differentiation can be a big factor in long-term value (if the product is used).
What to watch: Real-world adoption of their chain / roll-up stack, developer activity, and ecosystem growth.
The Big Picture: Strengths vs Risks
Strengths
SOON has solid liquidity and is actively traded, meaning you’re not stuck with very low volumes.
It has live functionality (NFT claims, ecosystem moves) which shows activity beyond just being a “token”.
Its tech promise (SVM roll-up stack, cross-chain focus) gives it something broader than pure speculation.
Risks
The token unlock schedule presents a known risk of increased supply entering the market, which can affect price negatively.
Adoption and real-world usage still need to scale: promising tech doesn’t automatically mean uptake.
As with all crypto, broader market sentiment, regulation, and macroeconomic factors can swing things strongly.
What to Watch Going Forward
✅ How the community/governance handles the unlocked tokens (whether they go into staking/locking or immediate sell-off). in real-use: Are developers building on the platform? Is “SOON Stack” gaining traction?Uptick
✅ Market sentiment: If the broader crypto market turns bullish, SOON could benefit; if bearish, smaller tokens .
