What is SOON Crypto? SOON Price Skyrockets +337% – Here’s Why and is $2 Locked In?

When traders look into the charts and search for the best-performing altcoins of November 2025, SOON crypto is stealing the spotlight. SOON price soared by 337% in a day, hitting an all-time high of $3, briefly retracing afterwards to $1.5

Built on the Solana Virtual Machine (SVM), SOON is positioning itself as the backbone of a scalable Layer 2 network, blending high performance with a modular design. As FOMO intensifies, the question now is: What exactly is SOON, and can it sustain this explosive momentum?

(Source – TradingView)

What is SOON Crypto?

SOON (SOON) is the utility and governance token powering the SOON Network, an advanced Solana Virtual Machine (SVM) rollup stack. It’s designed to enable developers to deploy Layer 2 solutions on any Layer 1 blockchain, bringing Solana’s legendary speed and efficiency to ecosystems such as Ethereum, TON, or even Bitcoin.

soonBase is the first High Performance SVM rollup on @base, featuring: 30K TPS, 50ms blocks, near-instant finality w/ ZK fraud proofs.

Come vibe with us tomorrow with @ZacPrater @rachelonchain @justsayuluvjo @BausBuns + @base builders to explore what this unlocks for trading,… https://t.co/YUfxXa7JpT pic.twitter.com/UlrG8l5Jv9

— SOON – Solana Optimistic Network (Mainnet Arc) (@soon_svm) October 23, 2025

At its core, SOON’s “Super Adoption Stack” (SAS) enables decoupled SVM rollups, improving scalability and lowering transaction costs. The network integrates ZK fraud proofs, configurable Data Availability (DA) options, and seamless interoperability between Solana, SOON Chains, and TON. Notably, the Solana x TON bridge (which connects to Telegram mini apps) has given SOON real-world exposure to over 900M users.

(Source – intersoon)

The SOON token powers transaction fees, staking, validator rewards, and community incentives, including airdrops and grants. Its total supply stands at 980 million, with approximately 330 million circulating. All this has placed SOON Network among the most rapidly growing Solana-linked projects of the year.

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Why Did SOON Price Jump +337%?

A combination of strong fundamentals, strategic ecosystem growth, and broader market sentiment has fueled the recent surge in the SOON price. The token surged from $ 0.74 to $3, marking a 337% 24-hour increase with a daily trading volume of $337M. Here are some catalysts behind this rally:

The most recent post by the official X of SOON announced the launch of a permissionless asset-launch experiment that combines prediction markets and pooled liquidity. Users bet USDC via x402 and predict the next 10 seconds of market direction.

SOON is piloting a permissionless asset-launch experiment that fuses x402, prediction markets, and pooled liquidity.

The first of the SOON × x402 Social Experiment Trilogy will be:

Users pay USDC via x402 and predict the next 10 seconds of market direction. Correct calls… https://t.co/Z7GPz6zRcR pic.twitter.com/k6rhTtTxbl

— SOON – Solana Optimistic Network (Mainnet Arc) (@soon_svm) November 5, 2025

But that is not all. SOON is the first SVM-based chain to successfully integrate Firedance, the high-performance Solana client developed by Jump Crypto, into Devnet. This will allow a stable throughput of 80K TPS, with testnet, SOON Mainnet, svmBNB, and other SOON Chains next in line.

SOON’s revolutionary approach to horizontal scaling already marks a paradigm shift. Achieving 50ms blocktime ( 8 times faster than Solana’s 400ms), validating the architectural innovations, and showcasing SOON’s potential for actual mass adoption.

(Source – medium)

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Is SOON Price Going to Lock in $3 or Is the Correction Going to Deepen?

After a long consolidation above the 200 EMA and SMA, the SOON price managed to surge in a single candlestick from $0.74 to $3 in under 4 hours, resulting in a 337% gain. However, that didn’t last long, as soon as the price hit $3, aggressive profit-taking initiated a retracement, and the price currently stabilized around the $1.5 level.

RSI indicator is tapping heavily into the overbought zone, and the MACD indicator is showing almost 0.1, indicating a substantial positive value.

(Source – TradingView)

Currently, the price has bounced successfully three times from $1.4, forming a bottom. The key resistance level to watch is $2.75. If the overall crypto market holds steady, we can expect a substantial consolidation of the SOON price supported by volume, which will give us a potential second leg up, re-testing the newly created resistance.

(Source – TradingView)