[Latest News]
According to official news, a project without financing announcements and without KOL advertisements, but with stunning strength - SOON, is creating a sensation in the cryptocurrency circle. Let's take a look at the strength of this dark horse!
Project Introduction
SOON is a rollup stack designed to provide top-tier performance for all Layer 1 blockchains, supported by Decoupled SVM and a configurable DA layer. SOON is built on top of the OP stack, leveraging the advanced features of Decoupled SVM to achieve unparalleled speed and scalability, while providing flexibility in data availability through options like Celestia, EigenDA, and Avail. This architecture is tailored to meet the high-performance demands of modern decentralized applications, ensuring seamless execution, integration, and optimized data availability across the blockchain ecosystem.
Tags: Infrastructure, Layer2
Ecosystem: Solana
Established: 2024
Financing Situation
August 27: SOON completed its financing, with the specific amount undisclosed, led by 20 angel investors of god-tier status, including the chairman of the Solana Foundation, the founder of Manta, and the founder of Celestia. Multiple investors including Anatoly Yakovenko, Lily Liu, Kartik Talwar, Mable Jiang, Jonathan King, and Mustafa Al-Bassam also participated.
Project Highlights
SOON offers several key advantages that make it an attractive Layer 2 solution in the Solana ecosystem:
1. Improve scalability: By offloading transactions from the Solana main chain, SOON can handle more transactions, thereby enhancing overall network capacity.
2. Reduce transaction fees: Off-chain processing of transactions lowers costs, allowing users to enjoy lower fees compared to on-chain transactions on the Solana mainnet.
3. Improve user experience: Faster transaction speeds and lower fees provide a smoother experience for users and developers of decentralized applications (dApps).
4. Interoperability: SOON aims to seamlessly connect with other Layer 1 blockchains, supporting cross-chain transactions, further expanding its application scenarios.
Future Vision
SOON is not just a Layer 2 scaling solution - it is a game changer for the Solana ecosystem. By adopting optimistic rollups, the Solana Virtual Machine, and a data availability layer, SOON provides a scalable, efficient, and secure environment for building and running dApps.