In September 2025 Binance has announced the listing of #Somnia (SOMI), a high-performance Layer-1 blockchain project that aims to deliver real-time Web3 applications with ultra-low fees and massive throughput.
Somnia’s core promise is speed. The project claims it can process over one million transactions per second with 100-millisecond block times, positioning it as one of the fastest networks in development. Its design also prioritizes stable, low gas fees, even during periods of heavy activity.
The network introduces several technical innovations, including IceDB, a custom database for high-speed reads and writes, and MultiStream consensus, which allows validators to process multiple data streams in parallel before finalizing them on a consensus chain. Somnia is also EVM-compatible, allowing developers to port Ethereum-based applications easily.
The SOMI token powers the ecosystem, supporting transaction fees, staking, and governance. It has a total supply of 1 billion tokens, with an initial circulating supply of approximately 160 million (16.02%) at launch. Binance listed SOMI with trading pairs against USDT, USDC, BNB, FDUSD, and TRY.
To promote the listing, Binance distributed 30 million SOMI tokens (3% of supply) in a HODLer airdrop, rewarding long-term exchange users with early access to the token.
Somnia is targeting high-demand sectors such as Web3 gaming, metaverse platforms, and real-time social applications, where performance and responsiveness are critical. However, the project still faces challenges in proving that its testnet benchmarks can hold up under real-world usage and adoption.
With its Binance debut, Somnia has gained visibility and liquidity, but the next test will be whether developers and users embrace the network at scale.
@Somnia Official #Somnia $SOMI
