SOON Launches Infra and Perp Stacks to Bring Solana-Level Speed to Enterprises
SOON, formerly known as Solana Optimistic Network, has announced a rebrand and the launch of two new products: the SOON High-Performance Infra Stack and the SOON Perp Stack. These innovative solutions aim to provide enterprises with Solana-level speed, security, and interoperability, allowing them to deploy high-speed blockchains and trading platforms without having to build the underlying infrastructure from scratch.
The SOON Infra Stack enables users to deploy custom Solana Virtual Machine (SVM) chains that can operate as standalone L1s, L2s, or application-specific chains with built-in speed, security, and interoperability. This on-demand infrastructure layer bundles Solana’s core performance architecture, allowing companies or governments to launch blockchains that operate at Web2 speeds without having to build a new base layer from scratch. According to Joanna Zeng, CEO and co-founder of SOON, “Solana remains the most powerful architecture – parallelized, low latency, deterministic and built on an ecosystem that won’t slow down. We’re not reinventing it. We’re extending it – bringing Web2-class enterprises and capital markets on-chain.”
Key Features of the Infra and Perp Stacks
The SOON Infra Stack and Perp Stack offer a range of features that make them attractive to enterprises. The Infra Stack allows users to launch custom chains with Solana-level speed, security, and interoperability, while the Perp Stack enables the creation of hyperliquid trading platforms using an off-chain execution layer combined with an on-chain settlement layer. The Perp Stack’s dual-layer design aims to deliver the power of TradFi systems while maintaining on-chain transparency and compliance through zero-knowledge security.
Source: @justsayuluvjo
SOON Token Surges on Kraken Listing and Play-to-Earn Activity
The announcement of the Infra and Perp Stacks coincides with a strong surge in the SOON token, which has risen over 60% in the last 24 hours due to several key catalysts. The recent listing on Kraken triggered a breakout above the critical resistance at $0.42, pushing the token towards the August liquidity range. Despite the typical expectation of a break or retracement after breaking through a key level, SOON price continued to rise and is now trading at $0.81, just 17% below its May ATH. The rally was further supported by growing engagement on TON Station, where users will soon earn money through play-to-earn challenges.
Source: TradingView
However, technical data suggests caution as the RSI is extremely overbought at 88, suggesting an impending pullback, possibly towards $0.60 or back to the previous breakout level at around $0.42. For more information on SOON and its innovative products, visit https://crypto.news/soon-to-launch-infra-and-perp-stacks-to-bring-solana-level-speed-to-enterprises/