$SOMI

SOMIBSC
SOMI
0.236
+5.87%

$ETH

$XRP

📰 What’s new (right now)

Binance listed Somnia (SOMI) under its HODLer-Airdrops program and opened spot trading for SOMI on September 2, 2025, with trading pairs like USDT, USDC, BNB, FDUSD and TRY.

SOMI was added across a variety of Binance services — including Simple Earn, Convert, Margin, and potentially Futures — giving more ways for users to access and use it.

The underlying blockchain — Somnia — recently went live (mainnet launched after a testnet with over 10 billion test-transactions). It claims high throughput: over 1 million transactions per second (TPS), sub-second finality, low fees, and EVM-compatibility.

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⚙️ What is Somnia / SOMI (very briefly)

Somnia is a Layer-1 blockchain aiming to support real-time applications: gaming, social, metaverse, and other Web3 use-cases.

The native token SOMI is used for gas (transaction fees), staking/validator incentives, governance, and participation in the ecosystem.

SOMI has a fixed total supply of 1 billion tokens. At launch, circulating supply was about 160 – 160.2 million (≈ 16 % of max supply).

The network implements a deflationary mechanism: ~50 % of gas fees are burned — meaning increased usage could reduce supply over time and benefit long-term holders.

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✅ What looks good — Potential Strengths

Real use-case: Unlike many “meme coins,” SOMI supports a full blockchain (for gaming, metaverse, DeFi, etc.), which gives it a more substantive backing.

High performance: If Somnia’s claims hold (1 M+ TPS, fast finality, low fees), this infrastructure could attract developers/ dApps — which increases demand for SOMI over time.

Deflationary design: The burn on gas fees introduces a supply-dampening mechanism, which in theory can help value accretion for holders if network usage grows.#BinanceHODLerAT #TrumpTariffs #BTCRebound90kNext? #CryptoIn401k #CryptoIn401k