Soul Protocol Public Sale on xLaunchpad
Soul Protocol, a cross-chain lending platform, is launching its public sale to distribute 25% of $SO tokens, with the valuation set by total capital raised. This sale introduces new mechanics like stablecoin payments (via $USDC), credit/debit card support, and cross-chain bridging for Ethereum, BNB, Polygon, Solana, and Bitcoin. $SO tokens will drive governance, yield boosting, and revenue sharing, aligning with Soul’s community-first ethos. KYC is live now (May 5-26), so don’t miss out—approvals can take up to 72 hours [xLaunchpad Post, May 5, 2025]. Recent NewsSoul has been making waves! Just 7 days after its testnet launch on April 22, 2025, it attracted 155K users, 68K unique wallets, and 340K cross-chain transactions, showcasing strong demand for its unified lending market [xLaunchpad Post, Apr 29, 2025]. The project also secured $4M in a private round, backed by heavyweights like Coinbase and LayerZero angels, signaling robust investor confidence. Future PlansSoul’s mainnet launch is slated for late Q3 2025, coinciding with the token generation event (TGE). Post-launch, expect deeper integrations with lending protocols and expanded yield opportunities across chains. Soul aims to pioneer cross-chain lending by unifying liquidity, a critical step for DeFi’s evolution [Soul Website, 2025]. Onchain DataWhile mainnet data isn’t live, Soul’s testnet metrics are impressive: 340K cross-chain transactions in just a week highlight its scalability potential. For context, similar protocols like Aave average 10K daily transactions on Ethereum [Dune Analytics, 2025]. Community SentimentX is buzzing with cautious optimism. Users like @RaduMarian2000 are seeking timeline clarity, while @SyahrenKamil hopes for smooth execution, reflecting a mix of excitement and pragmatism. Why It MattersThis sale sets the stage for Soul to redefine DeFi lending with cross-chain innovation. Its fair valuation model could inspire more community-driven tokenomics in 2025. Risk Disclaimer: Public sales can be volatile; ensure you research and only invest what you can afford to lose.
MultiversX
May 16