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Cryptocurrency News Articles

OKX Wallet users can now gain early access to the upcoming $SOON token launch

May 21, 2025 at 02:33 pm

The initiative, which runs until May 22, 2 AM UTC, invites users to complete a series of on-chain tasks for a chance to earn a white list (WL) spot

OKX Wallet users can now gain early access to the upcoming $SOON token launch

OKX Wallet users have a final chance to qualify for early access to the upcoming $SOON token launch, as part of a new campaign hosted on the exchange's Cryptopedia platform.

The initiative, which concludes on May 22 at 2 AM UTC, invites users to complete a series of on-chain tasks for a chance to earn a white list (WL) spot — granting them early access to the $SOON token on Meteora, a decentralized platform powered by Solana.

The campaign is part of OKX's broader strategy to drive engagement within its Web3 ecosystem while promoting new projects within its growing suite of decentralized tools.

How to Qualify for the White List

To participate, users must complete the required tasks which are available within the Cryptopedia section of the OKX Wallet interface. These are typically straightforward on-chain activities, designed to familiarize users with the project and encourage interaction within the Solana ecosystem.

Participants are advised to ensure they complete these tasks and submit their entries fully before the campaign period ends on May 22 at 2:00 AM UTC. Shortly after the campaign closes, OKX will announce the list of white list winners.

It's worth noting that only those using the OKX Wallet — the company's non-custodial wallet offering — are eligible to participate in this campaign. This serves to highlight OKX's ongoing emphasis on self-custody and user-controlled assets in its Web3 infrastructure.

What Happens After White List Selection?

Winners of the white list will be granted exclusive access to the $SOON early sale, which begins at 11:00 AM UTC on May 22. The token launch will be hosted on Meteora, a Solana-based platform that facilitates liquidity and token offerings in a decentralized manner.

However, it's important to note that this event follows a first-come, first-served format. This means that even WL winners will still need to act swiftly to secure their share of the token allocation.

Moreover, OKX has advised that participants must hold a minimum of 100 USDC worth of SOL in their OKX Wallets and join the token event to claim their spot. This requirement ensures that participants have sufficient assets available on-chain to participate in the offering without encountering any hitches.

$SOON Token: Details Still Emerging

While information on the $SOON token itself is still emerging, its presence on Meteora — and the marketing push via OKX's Web3 platform — suggests a focus on nurturing promising projects within the Solana ecosystem. The campaign seems tailored to promote both user engagement and token distribution via fair launch mechanisms.

Given the rise of Solana-based DeFi platforms and OKX's increasing involvement in Web3 and DePIN initiatives, the $SOON token may reflect broader trends in the market — especially as decentralized finance evolves in response to changing user demands and lower fees.

A Growing Trend in Wallet-Based Token Distribution

This campaign adds to a growing trend where token launches are increasingly linked to user engagement within specific wallet ecosystems. By requiring users to complete educational or interactive tasks before being able to participate in a token event, platforms are aiming to create a more knowledgeable and engaged user base.

As the $SOON campaign closes in on its final hours, users of the OKX Wallet will need to move quickly if they hope to gain early access to this anticipated launch.

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Other articles published on May 22, 2025