$SOMI
As of January 24, 2026, Somnia (SOMI) is a high-performance Layer 1 blockchain that has recently shown strong volatility and signs of a potential recovery after hitting its cycle lows.
1. Project Overview & Technology
Somnia is built to support "real-time, mass-consumer applications" like metaverse environments, gaming, and social platforms.
Performance: It claims a massive throughput of over 1 million transactions per second (TPS) with sub-second finality.
Compatibility: It is fully EVM-compatible, allowing Ethereum developers to migrate their dApps easily.
Ecosystem: The project recently launched its "Dreamathon" incubator to onboard new metaverse-focused projects, which is a key driver for long-term utility.
2. Tokenomics at a Glance
The SOMI token powers the entire network through gas fees and security.
Deflationary Mechanism: 50% of all transaction fees are burned, creating downward pressure on the supply as network usage grows.
Staking: Validators are required to stake 5 million SOMI to secure the network.
Supply: * Max Supply: 1,000,000,000 (1 Billion)
Circulating Supply: Approximately 194.8 Million tokens.
3. Current Market Performance (Jan 2026)
After a bearish period following its late 2025 highs, SOMI has recently shown signs of life:
Current Price: Roughly $0.20 – $0.21, rebounding from an all-time low of $0.183 reached earlier this week (Jan 22).
Market Cap: Approximately $30.8 Million, ranking it around #700–#900 on major tracking sites.
Short-term Outlook: The token jumped nearly 9% in the last 24 hours on a massive 255% volume spike. Analysts are watching the $0.24 resistance level; a break above this could signal a shift back to a bullish trend toward $0.30.
4. Risk & Reward Analysis
Warning: Crypto investments carry high risk. The "unlock schedule" for SOMI team and investors over the next 12–48 months could create selling pressure as new tokens enter circulation.
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