SOON (SOON) Listing on CoinTR

The SOON token will go live on CoinTR at 12:00 PM UTC on August 19, with trading pairs including SOON/USDT. Deposits open today at 12:00 PM UTC, and withdrawals will follow within 24 hours post-listing. SOON Network is a high-performance Layer-2 and rollup ecosystem leveraging Solana’s Virtual Machine, aiming to deliver fast, low-cost transactions while integrating with Ethereum’s modular framework. This hybrid approach could attract developers and users seeking efficient decentralized applications, potentially driving adoption as blockchain usage grows globally.

Recent News

Over the past few months, SOON has gained traction as a standout Layer-2 project. Backed by Anza, a Solana Labs spinout, it has been highlighted for its ability to handle up to 10,000 transactions per second, addressing scalability challenges faced by major networks. This milestone aligns with a broader trend of Layer-2 solutions gaining momentum, with industry reports noting a 300% surge in rollup usage since early 2023. CoinTR’s decision to list SOON reflects its commitment to bringing cutting-edge tokens to its users, reinforcing its position as a hub for crypto innovation in Turkey.

Future Plans

Looking ahead, SOON aims to expand its ecosystem by supporting more Layer-1 blockchains beyond Ethereum and Solana, enhancing interoperability. The project’s roadmap includes optimizing transaction costs and launching developer tools to encourage dApp creation. CoinTR, meanwhile, plans to continue listing around 10 new tokens weekly, keeping its platform dynamic and aligned with market trends. These developments could position SOON as a key player in the evolving Layer-2 space.

Onchain Data

Specific onchain metrics for SOON are not yet widely available ahead of its listing, as the token is still in its pre-launch phase. However, Solana’s network has shown robust activity, with average transaction volumes exceeding 2,000 per second in recent weeks, per network performance trackers. Once live, SOON’s trading volume and wallet activity on CoinTR will be key indicators to watch, offering insights into its early adoption.

Community Sentiment

Early buzz on social platforms is positive, with users expressing excitement about SOON’s potential to bridge Solana and Ethereum ecosystems. Influencers have praised its scalability focus, while some community members see it as a long-term investment opportunity. Discussions also highlight anticipation for CoinTR’s secure trading environment, though a few caution about the volatility typical of new listings.

Additional Insights

This listing comes at a time when Layer-2 solutions are reshaping the crypto landscape, offering faster and cheaper alternatives to main chains. For users, this means access to a promising project with potential price growth, especially given CoinTR’s track record of supporting over 150 cryptocurrencies. However, new token listings can carry risks like price swings or market uncertainty, so it’s wise to approach with research and caution.

Don’t miss out on this exciting launch - mark your calendars and stay tuned for updates!