#SOMI is the native token of the Somnia Layer-1 blockchain — an Ethereum-compatible network focused on high throughput and low fees, targeting DeFi, gaming, and metaverse use cases.
The circulating supply is capped at 1 billion, with a deflationary mechanism cutting 50 % of gas fees via burning to reduce supply over time.
Recent price action shows the token trading significantly below its all-time high (~$1.84), reflecting bearish pressure and lower liquidity.
