PANews, May 16 news, according to the SOON Foundation announcement, the SOON Foundation has officially been established, aiming to promote the development of the SOON ecosystem based on the Solana Virtual Machine (SVM) and implement the vision of 'Super Adoption Stack (SAS)'. The foundation focuses on ecological acceleration, transparent governance, secure management, and strategic cooperation, planning to hold global hackathons, launch enterprise-level toolkits, and collaborate with multiple universities for research. SOON was founded by former executives from Solana and Optimism, and is supported by well-known investors such as Celestia, AltLayer, and Coinbase Ventures.