SOON (SOON), the Solana Optimistic Network token, is implementing a "recovery plan" after recent price volatility and rumors of insider activity. The core of the plan involves burning 30 million SOON tokens, which represents 3% of the total supply. The token burn will be executed in two phases. First, 7.7 million SOON from unclaimed airdrops will be destroyed. Then, the remaining 22.3 million SOON will be repurchased from exchanges and burned within the next few days. This move aims to reduce supply and potentially increase the value of remaining SOON tokens. In addition to the burn, the SOON team plans to hold an AMA next week to address community concerns, develop on-chain buyback-enabled products, and launch a governance system for the project. SOON experienced a 40% price drop recently, leading to speculation. The CEO has stated the drop was due to external factors, not internal manipulation. The token burn is a key part of their strategy to rebuild confidence. ```