SOON Token Surges 15% Following Exchange Listings on Binance and Upbit
On May 23, the cryptocurrency SOON saw a significant rise of approximately 15%, reaching a trading price of $0.5366. This increase coincided with its listings on major exchanges.
- Binance launched SOON USDT perpetual contracts with up to 50x leverage and featured it in the Binance Alpha program, offering an airdrop of 180 SOON tokens to eligible users.
- South Korea's Upbit also listed SOON trading pairs with BTC and USDT, implementing restrictions to ensure market stability.
- Other exchanges like BitGet added SOON earlier this week.
SOON aims to tackle liquidity fragmentation and interoperability issues in decentralized ecosystems through its Super Adoption Stack (SAS), which supports connections between various blockchain networks, including Solana and The Open Network (TON). It has already recorded a trading volume of $7.23 million.
Analysts predict strong investor interest following these exchange listings.