1. SOON Mainnet – A general-purpose Layer 2 network built on Ethereum. 
2. SOON Stack – Infrastructure that allows SVM-based Layer 2 chains to be deployed on any L1. 
3. InterSOON – A cross-chain protocol enabling messaging and interaction between different chains. 

Team Information

The SOON team consists of experienced developers specializing in blockchain and SVM technologies. They have previously contributed to successful projects in Solana and Ethereum ecosystems. 

• Co-Founder & CEO: Joanna Zeng (former executive at Aleo) 
• CTO: Andrew Zhou 
• Other Key Members: Experts from Coinbase, OP Labs, AWS, and former Nexon executives (Jiwon Park and Steve Chae) 

Investors & Partners 

RAAS Partners: AltLayer (backed by Polychain Capital, Hack VC), Caldera (Ethereum modular rollup integration) 

Industry Leaders & VCs: Jump Crypto, Hack VC, ANAGRAM, ABCDE, Amber Group, The Rollup Ventures, Hypersphere, SNZ Capital, ArkStream Capital, GeekCartel, PAKA, MH Ventures, IDG Capital 

Project Concept

The vision is to provide full interoperability across different L1 networks and enable high-performance applications. Its primary goals: 

• Deploy high-performance SVM-based Layer 2 chains across all major L1s. 
• Use the InterSOON protocol to facilitate seamless cross-chain communication. 
• Enhance user and developer experience to accelerate mass blockchain adoption. 

How the Project Works

SOON’s operations are summarized in three layers: 

1. SOON Mainnet:
   A general-purpose Layer 2 network on Ethereum, handling transaction verification and smart contract execution via Decoupled SVM. 
2. SOON Stack:
   Enables SVM-based Layer 2 chains, called SOON Chains, to deploy on any L1. Works with AltDA solutions to provide infrastructure for scalable, high-performance applications. 
3. InterSOON:
   Cross-chain messaging protocol enabling native and standard communication between SOON chains and other L1s, allowing seamless interaction within the ecosystem. 

Governance

The ecosystem grants governance rights to $SOON token holders: 

• Voting on protocol upgrades and improvements 
• Managing ecosystem funds and grant programs 
• Defining treasury management and reward distribution 
• $SOON holders can participate directly in ecosystem decision-making. 

$SOON Token

$SOON is the native token of the SOON ecosystem, used for governance, staking, and ecosystem activities. Token holders can participate in network governance, stake to earn rewards, and access premium ecosystem features. 

Token Use Cases

• Governance: Protocol decisions and grant allocations 
• Ecosystem Activities: dApp transactions on SOON Mainnet and S. Chains 
• Rewards & Incentives: Incentives for developers and contributors 
• Staking: Validators stake $SOON to secure the network and earn ~3% annual rewards 

Token Information: 

• Total Supply: 972.83M SOON 
• Max Supply: ∞ 
• Circulating Supply: 288.93M SOON 

Token Distribution

• Community: 51% – fair launch and long-term supporters 
• Ecosystem Fund: 25% – grants, partnerships, strategic investments 
• Airdrop & Liquidity: 8% – user acquisition and exchange liquidity 
• Foundation/Treasury: 6% – operations, R&D, sustainability 
• Team & Early Contributors: 10% – project founders and contributors 

Roadmap 

• $SOON Pre-Staking: Launch of early staking mechanism 
• simpfor.fun V2: Advanced application release 
• Copy-Trading “Gold” Support: Enhanced copy-trading activated 
• Telegram & Twitch Integrations: New user channels launched 
• $SOON Native Gas Token: Gas token for all SOON SVM Chains 
• Account Abstraction & Universal Accounts: Account Abstraction wallets supported 
• Asset Diversity: Expanded copy-trading for US stocks and RWAs 

Ecosystem

The SOON ecosystem unites users and developers via SOON Mainnet, SOON Stack, and InterSOON. It supports cross-chain interoperability, retains users in the network, reduces costs, and provides high-performance infrastructure for DeFi, gaming, and financial applications. 

• Ecosystem Integration: Cross-chain connections with Ethereum, Solana, BNB Chain, Bitcoin, and TON 
• Appchains: Specialized, application-focused SVM Rollups in each ecosystem 

Official Links 

• Website
• SoonFoundation
• Twitter

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According to Strategic Solana Reserve data, Forward Industries has accumulated 6.82 million SOL. Meanwhile, Sharps Technology collected 2.14 million SOL. Defi Development Corp and Upexi Inc hold roughly 2 million SOL each. 

In total, about 17 million SOL — valued at around $4.3 billion — has been accumulated. Additionally, Nasdaq-listed Helius Medical Technologies announced a $500 million treasury bond program focused on SOL. This strategy mirrors Michael Saylor’s corporate debt and equity issuance model for Bitcoin. 

Optimism in Options and Derivatives Markets 

Bullish expectations are rising in the SOL options market. The put-call premium ratio ranged between 14% and 57% last week, reflecting higher premiums for call options. 

Moreover, perpetual futures funding rates are around 8%. While leveraged buying remains limited, institutional accumulation lowers SOL’s risk profile, enabling investors to take safer positions. 

ETF Approval and Market Expectations 

The U.S. Securities and Exchange Commission (SEC) has introduced regulations that may accelerate spot crypto ETF approvals, boosting interest in potential Solana ETFs. 

Grayscale received approval to list its $930 million Digital Large Cap Fund, which primarily invests in Bitcoin and Ether but also includes smaller allocations to XRP, SOL, and Cardano. 

Currently, Solana ranks second with $14.6 billion in TVL and a staking yield of 6.8%, surpassing Ether’s 2.9%. In summary, if SEC approval is secured, SOL could reach $300. However, rival altcoin launches and broader market conditions may influence this outcome. 

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Institutional Treasury Strategy Boosts Investor Confidence 

The primary driver of Worldcoin’s price increase is Eightco Holdings’ $250 million treasury strategy announced on September 8. This private placement represents Eightco Holdings’ first Worldcoin treasury initiative. The deal included a $20 million investment from BitMine. Moreover, renowned analyst Dan Ives joined the company as chairman of the board. Treasury strategies aim to lock tokens, reduce circulating supply, and raise prices, directly boosting investor confidence. Furthermore, institutional interest highlights Worldcoin’s use of AI-powered identity verification as a reliable foundation. 

Technical Breakout and Network Adoption Support Price 

Technical charts show WLD breaking through the critical $1.77 resistance level, triggering a new upward trend. While the RSI indicated overbought conditions, the MACD signaled bullish momentum. This encouraged short-term traders to follow the rally closely. Meanwhile, the Worldcoin network has surpassed 16 million verified users across 45 countries. Partnerships with companies like Match Group (Tinder) and Razer expand WLD’s real-world utility. However, regulatory scrutiny continues, and concerns over biometric data usage have drawn criticism in some regions. 

Worldcoin’s rapid surge results from the combination of institutional backing, technical breakout, and growing adoption. The pace of the treasury strategy and regulatory reactions will determine future price direction. For now, WLD investors and enthusiasts continue to track its daily gains closely. 

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Fetch Foundation announced a comprehensive $50 million buyback program for $FET tokens. This process will take place simultaneously on multiple cryptocurrency exchanges. The project team adopts this strategy to increase market liquidity and support the value of $FET tokens. 

With increasing use of ASI1 and our agent platform we are seeing increased utility. I believe that $fet is undervalued and I am pleased to announce that fetch foundation will be doing a $50m buyback of the $fet tokens from the market on multiple exchanges with support from our…

— Humayun (@HMsheikh4) June 19, 2025

Humayun Sheikh, CEO of Fetch.ai, stated: 

“With the rising usage of ASI1 and our agent platform, I believe the current value of $FET token is underestimated. Therefore, with the support of our market makers, we will execute a $50 million buyback. Our goal is to boost investor confidence and support the market performance of our token.” 

The buyback process is planned in line with the platform’s future growth targets. In the initial phase, $FET tokens will be collected from different exchanges, thereby reducing the circulating supply. This will also strengthen investor confidence in Fetch Foundation. 

While the program aims to create long-term value for FET token holders, it also serves as a move to reduce market volatility. The project will provide regular reports to investors with up-to-date information on the buyback process. 

Fetch Foundation continues to strengthen $FET tokens to accelerate blockchain adoption. This move will solidify the project’s ecosystem and create a competitive advantage. It will also open doors for new collaborations. 

Interest in FET tokens is expected to rise in the market. This development may increase the token’s trading volume. As a result, Fetch Foundation stands out in the sector with its strategic buyback decision. FET is currently trading at $0.689. 

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$100 Million Fund To Power Ecosystem Growth

On May 14, the Pi Foundation announced the launch of Pi Network Ventures, a new fund with an initial $100 million pool composed of Pi (PI) tokens and US dollars. The goal is to support startups building on Pi or contributing to its broader ecosystem.

“This strategic program aims to invest in high-quality startups and companies across sectors, driving innovation and ecosystem growth,” the Foundation said via X.

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The fund will be fueled by the 10% of Pi tokens previously allocated for ecosystem development.

Beyond Crypto: Targeting Real-World Applications

Pi Network Ventures won’t limit itself to traditional crypto startups. Instead, it plans to explore a variety of emerging sectors, including:

• Generative AI and AI applications
• Fintech and embedded payment systems
• E-commerce platforms and marketplaces
• Social networks
• Consumer and enterprise-grade applications

Following a model similar to Silicon Valley venture capital firms, the fund will support projects from seed stage through Series B and beyond. This ensures both early innovation and scalability receive proper backing.

Mission: A Feedback Loop Of Innovation And Adoption

Pi Network aims to increase the utility of its token by embedding it into real-world services and products. The organization says its funding strategy is designed to create a “feedback loop of innovation and adoption” by aligning incentives for high-potential founders and companies.

With this initiative, Pi Network is attempting to go beyond hype and build practical, long-term value in the evolving blockchain landscape.

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From Walled Garden to Open Ledger

JPMorgan Chase has long maintained a “walled garden” approach to blockchain, focusing on a private system for its clients. But on May 14, 2025, the bank announced that it successfully settled a transaction on a public blockchain with the support of Chainlink and Ondo Finance.

Through its blockchain unit, Kinexys, JPMorgan facilitated a transaction between two internal accounts to purchase tokenized treasuries on Ondo’s public network. The payment was triggered via Chainlink, a decentralized oracle network that bridges real-world data and blockchains.

More Than Just a Proof of Concept

Although JPMorgan has tested public blockchain interactions before, such as a 2024 collaboration with Siemens, this marks the first time it has built a functional interface to a public ledger. According to Sergey Nazarov, Chainlink’s cofounder, this infrastructure is moving toward production use.

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Nelli Zaltsman, head of platform settlement solutions at Kinexys, emphasized that this isn’t about chasing political trends or investor hype. It’s a carefully planned move rooted in the bank’s long-term blockchain roadmap.

Regulatory Shifts and Industry Momentum

JPMorgan’s move comes during a broader shift in the U.S. regulatory landscape. Under President Donald Trump, a known pro-crypto advocate, regulators have reversed prior crackdowns, encouraging institutions to re-engage with crypto. His administration has even ordered the creation of a strategic Bitcoin reserve.

Meanwhile, legacy finance names like Fidelity, BlackRock, and Morgan Stanley are ramping up their blockchain efforts. But JPMorgan’s leap into the public space is being viewed as a turning point driven by strategy—not politics.

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This acquisition comes despite a $1.4 billion IMF deal signed in December 2024, which included stipulations that El Salvador stop using public funds to purchase Bitcoin. However, the government appears unfazed by the agreement’s conditions.

President Bukele Pushes Back Against IMF

In January 2025, El Salvador’s Congress repealed the Bitcoin legal tender law, but the country’s Bitcoin acquisitions did not slow. In March, the IMF reiterated its demand to stop BTC purchases. President Nayib Bukele strongly opposed the request:

“No, it’s not stopping. If it didn’t stop when the world ostracized us and most ‘Bitcoiners’ abandoned us, it won’t stop now, and it won’t stop in the future,” Bukele declared on X.

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A Blueprint for Future Bitcoin Nations

El Salvador is currently the only country buying Bitcoin in open markets, setting an example that crypto leaders believe could inspire other nations to follow suit. The country’s strategy combines financial independence with technological innovation to support long-term economic growth.

El Salvador remains at the forefront of global Bitcoin adoption, pursuing a path of sovereignty in the digital age.

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According to local news sources, the partnership will see World Liberty assist in launching regulatory sandboxes for blockchain product testing, expanding stablecoin applications for remittances and trade, exploring real-world asset tokenization, and supporting DeFi protocol growth.

Founders Zach Witkoff, Zak Folkman, and Chase Herro signed the letter alongside Pakistan Crypto Council CEO Bilal bin Saqib. Senior government officials, including Pakistan’s central bank governor, finance minister, and IT secretary, also attended the meeting.

Strong Crypto Potential in Pakistan

According to Chainalysis, Pakistan ranked 9th globally for crypto adoption in 2024, with approximately 25 million active crypto users and an estimated $300 billion in annual transaction volume.

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Finance Minister Muhammad Aurangzeb stated, “Our youth and technology sector are our greatest assets. Partnerships like these open new doors for investment, innovation, and global leadership in the blockchain economy.”

Balancing Innovation and Regulation

World Liberty’s founders also recently met with former Binance CEO Changpeng Zhao (CZ), who has been appointed an advisor to the Pakistan Crypto Council to guide regulatory and innovation efforts.

Pakistan’s Federal Investigation Agency (FIA) proposed a crypto regulatory framework on April 10 to address concerns such as terror financing, money laundering, and KYC compliance. The framework is pending legislative approval and is expected to roll out gradually starting in 2026.

Pakistan’s current crypto-friendly stance is a sharp contrast to May 2023, when former Finance Minister Aisha Ghaus Pasha declared that cryptocurrencies would never be legalized.

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Existing Capital is Being Recycled

Agranat pointed out that the funds in blockchain gaming are simply being redistributed rather than attracting new investments. He described it as a “game of musical chairs,” where projects compete for the same pool of capital.

According to DappRadar, blockchain gaming investments fell sharply, from $222 million in December 2024 to just $16 million in January 2025, marking a 92% decline.

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Additionally, the number of unique active wallets (UAW) in blockchain gaming dropped from 10 million in mid-2024 to 7.5 million today, with 70% of Q1 2024 growth driven primarily by airdrops and farming campaigns.

Airdrop Farming and Sustainability Concerns

Agranat criticized the industry’s reliance on airdrop farming, where users create multiple wallets to claim rewards without genuine engagement.

“They will just go from project to project and extract whatever value they can. Once there’s no more value, they move on,” he stated.

Future of Blockchain Gaming

Agranat emphasized that blockchain games need to focus on gameplay experience to attract real players rather than speculative users.

This sentiment was echoed by Kori Leon, co-founder of Pixelverse, who previously noted that many Web3 gaming projects fail despite strong funding.

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