Let’s talk about the foundation of SOMI. It went live on its mainnet in September 2025, and is an EVM-compatible Layer 1 blockchain, aimed at building infrastructure for real-time applications like gaming, social networking, and the metaverse. Its main selling point is high performance, with a TPS in the millions and sub-second confirmation, this speed is simply amazing.
It has many core innovative technologies, such as MultiStream consensus, which allows each verification node to run its own data chain, and then uses an improved PBFT algorithm to aggregate, achieving parallel block generation; there is also acceleration of sequential execution, compiling EVM bytecode into native x86 code, capable of processing millions of transactions per second on a single core; IceDB database read and write latency as low as 15 - 100 nanoseconds, with high concurrency state updates also manageable.
Moreover, it also has a deflationary model, with half of the Gas fees directly destroyed, and a total supply of 1 billion tokens. The team is impressive; the founder was previously the Vice President of Product at the metaverse infrastructure company Improbable, and core members come from major institutions like Goldman Sachs and Google Cloud. They have also raised $270 million, with big names like a16z and SoftBank Vision Fund investing.
Next, let’s look at the news that directly drove its surge. After the main net launch, Binance quickly listed SOMI and opened trading pairs with USDT, BNB, and others. On the first day, the 24-hour trading volume exceeded $400 million, and liquidity surged, with the price skyrocketing from $0.3 to $0.4. Within a few days, it broke through 0.84 USDT, rising over 50% in a day and accumulating over 120%, with a circulating market cap reaching $130 million.
Ecological cooperation is also progressing rapidly. They are collaborating with Google Cloud, where Google Cloud acts as a network validator and provides various tools and security solutions. The game developer program has integrated with over 60 projects, providing funding and technical support, shortening the cycle from prototype to launch for games. They are also exploring AI agents and NPC experiments for on-chain games. Additionally, Binance's HODLer airdrop event distributed 30 million SOMI to BNB holders, attracting a lot of locked funds, and the community incentive pool is continuously releasing liquidity, creating a positive cycle.
From a technical perspective, $SOMI is also quite robust. During the test net phase, it achieved a peak daily transaction volume of 80 million transactions, with a total transaction volume exceeding 1 billion transactions, proving that a million-level TPS architecture is feasible. After the main net launch, the Gas fees are ridiculously low, with each transaction costing only one-thousandth of a cent, much lower than competitors like Ethereum and Solana, prompting many high-throughput applications to migrate here. The deflationary mechanism also supports its value, and based on the current daily transaction volume, the annual destruction amount could reach 2% - 5% of the total supply.
The demand for validator staking is also high, requiring the locking of 5 million SOMI. The current staking rate has exceeded 30%. On-chain data also indicates its popularity; after the main net launch, the daily increase in active addresses surpassed 100,000, 300% more than the test net; GitHub submission volume averages over 200 times a week, with code update frequency leading in the industry; and the TVL of DeFi protocols within the ecosystem has surpassed $50 million, with staking and liquidity mining contributing the most.
However, I must remind everyone that, in the short term, it seems a bit overheated. Starting in December 2025, the tokens of investors and the team will gradually unlock, which may trigger a sell-off.
Moreover, the recent surge is largely driven by the excitement surrounding the main net launch. If the ecological applications do not meet expectations, funds may flee quickly. However, in the long term, if they can attract major games like Fortnite and Roblox, SOMI might become the settlement currency for on-chain games. Nonetheless, continuous technical optimization is necessary to tackle future competitive challenges, and cooperation with Google Cloud must comply with global data privacy regulations, or there could be black swan events.
Overall, SOMI's recent surge is a result of favorable timing, location, and human factors, with technological breakthroughs, ecological implementation, and funding support. In the short term, caution is advised for a correction, but if it can maintain a technological edge in the long term and promote the development of gaming and metaverse applications, it could become a dark horse in the Layer 1 track.
Next, Chuan Ge will share some cutting-edge news and practical strategies 'from within'; brothers looking to double their investment should seize this opportunity!@川哥论趋势
#山寨币市场回暖
