Solana Optimistic Network (SOON) Jumps 124% Following Upbit Listing

The Solana Optimistic Network (SOON) has emerged as one of the top gainers today. Per CoinGecko’s data, the project’s native token, SOON, saw an impressive 124% price increase, moving from $0.1325 to $0.2968 today.

At the time of writing, the digital asset’s value has rebounded to $0.2621, signaling an over 85% surge today. The last time that SOON saw this price level was in January 2026.

Why the Surge?

SOON’s rapid price increase came after South Korean crypto exchange Upbit announced that it had listed the token. The token began trading against the South Korean won (KRW) at 05:30 UTC.

With this listing, Korean crypto investors can buy, hold, and trade the cryptocurrency.

Securing a listing from Upbit is a big deal for SOON because the crypto exchange is one of the largest in the country. Its closest rival is Bithumb, another South Korean crypto exchange actively exploring a public listing.

Like most crypto exchanges, Upbit’s decision to list SOON comes after it met various listing criteria, such as the project’s transparency, legal framework and compliance, use cases, and security history. As long as SOON continues to meet these requirements, it will remain traded on Upbit.

With SOON’s price at $0.2621, its market capitalization and 24-hour trading volume are $73.6 million and $159.2 million, respectively. While the token’s current price surge is applaudable, its value remains 94.8% below its all-time high (ATH) of $4.3, recorded on November 14th, 2025.

What is SOON?

Solana Optimistic Network is a blockchain project that brings the speed and efficiency of the Solana network to other chains. It employs the Solana Virtual Machine (SVM) to achieve this. 

The project has three core products – the SOON Mainnet, the SOON Stack, and the InterSOON.

The SOON Mainnet is a general-purpose layer-2 network that settles transactions on the Ethereum blockchain. The SOON Stack is an infrastructure that enables developers to deploy their SVM-based L2 network (called SOON Chain) on any layer-1 blockchain of their choice. The InterSOON is a cross-chain messaging protocol that enables interaction between the SOON Mainnet, SOON Chains, and L1 networks.

SOON claims that its infrastructure is especially helpful for blockchains with drawbacks such as slow transaction speeds, high costs, and low security. It highlights Ethereum as a blockchain that can benefit from its services. This is because the second-largest blockchain lacks the speed and low transaction fees enjoyed within the Solana ecosystem.

According to SOON’s website, developers have tapped the SOON Stack to launch SVM-enabled decentralized apps on BNB Chain, Ethereum, and Base.

Aside from its SVM-focused business, SOON is also exploring other forays. For instance, in January 2025, it delved into the non-fungible token (NFT) market with its COMMing SOON collectibles. It raked in $22 million from the NFT sales.

More recently, the crypto project announced its foray into artificial intelligence (AI). Through its AI Capital, it provides users with access to AI-powered tools to make well-informed trading decisions. Notably, this new product was announced on SOON’s Korean X page, suggesting it intends to focus the service first in the Korean market.

SOON’s co-founder and CEO, Joanna Cook, expressed gratitude to the project’s community for their support, which led to the Upbit listing. She added that the firm will continue to build the AI Capital product.

Thanks for your support, SOON community.

We’ve kept moving forward during this tough market, steadily building and exploring along our AI Capital Market vision without pause.

We’re truly grateful and thrilled to share this news with you all.

Thank you again for standing with… https://t.co/8xHHi8yGOn

— Joanna Cook @ SOON📍🇺🇸 🗽 (AI 🦞Arc) (@justsayuluvjo) April 17, 2026

The post Solana Optimistic Network (SOON) Jumps 124% Following Upbit Listing appeared first on CoinTab News.