SOON Network Launches Staking Program After TGE

May 29, 2025 – The SOON Network, a next-generation Solana Virtual Machine (SVM) Rollup built for high-performance blockchain applications, has officially launched its staking program following its Token Generation Event (TGE) earlier this week. The program enables holders of $SOON tokens to stake their assets in exchange for $gSOON, a fully liquid and transferable staking token—signaling a major milestone for the ecosystem.

The announcement, made on May 29, allows participants to stake their $SOON tokens to bolster network security and operations. In return, they receive $gSOON, which retains full liquidity and can be traded or transferred without forfeiting staking rewards. The staking portal is live and offering users a 3% annual inflation rate and a 7-day unstaking period.

Layer 2 Infrastructure Meets Scalable Design

Founded in 2024 by Joanna Zeng, the SOON Network operates as a Layer 2 Ethereum rollup, leveraging a decoupled Solana Virtual Machine to bring high-throughput, low-latency performance to blockchain applications. Its modular architecture includes:

• SOON Mainnet – The network’s execution layer
• SOON Stack – For building custom SVM rollups
• InterSOON – A bridge enabling cross-chain communication

The new staking mechanism supports the network’s mission of decentralized scalability, with $gSOON serving as both a reward and utility token within the SOON ecosystem.

Strong Early Adoption For Soon Network Staking

Over 5 million $SOON tokens were staked within the first hour of launch. The $SOON token is currently trading around $0.56.

Targeted toward DeFi, Web3 gaming, and scalable on-chain applications, the SOON Network aims to tackle Ethereum congestion using parallel transaction processing and interoperable infrastructure.

Future plans include:

• Integration of zero-knowledge proofs
• Open-sourcing SOON Stack
• Expanding staking incentives

These advancements are designed to drive adoption and empower developers to build seamlessly on SVM architecture.

What It Means for You

For investors and users, the staking program presents a low-friction way to earn passive rewards while retaining full asset liquidity. As the network matures, $gSOON is expected to play a central role in governance, incentives, and network services.

However, participants should consider unstaking timelines, inflation dynamics, and market conditions when deciding to stake. The launch represents a pivotal moment in SOON’s growth trajectory as it positions itself at the forefront of scalable Layer 2 innovation.