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Cryptocurrency News Articles
SOON Token Surges 15% as Binance Lists New Perpetual Contracts and Airdrop Program
May 23, 2025 at 06:02 pm
While the broader cryptocurrency market remained relatively quiet on May 23, a newly-launched cryptocurrency, SOON, defied the trend with a major rally.
A newly-launched cryptocurrency, known as SOON, saw a significant rally on May 23, deviating from the relative calm observed in the broader cryptocurrency market, according to reporting by AMarketScan.
The token's price climbed roughly 15% over the past 24 hours, reaching a trading price of $0.5366 by 12:15 PM UTC.
The surge follows a wave of high-profile exchange listings and increasing investor interest. Binance listed SOON USDT perpetual contracts with up to 50x leverage.
The exchange also featured the token on its Binance Alpha program, offering eligible users an airdrop of 180 SOON tokens starting today at 8:00 UTC.
We’re pleased to announce SOON (SOON) has been featured on Binance Alpha.
Eligible Binance users with at least 190 Binance Alpha points can claim an airdrop of 180 SOON tokens on the Alpha Event page in the Binance App starting at 8:00 (UTC) on May 23, 2025.
Claiming the airdrop will…https://t.co/WtsOUZCGFu
— Binance (@binance) May 23, 2025
Additionally, South Korea's largest exchange, Upbit, announced the listing of SOON trading pairs with BTC and USDT. The exchange explained that deposits would only be accepted through the SOON-Solana network.
Upbit has also implemented specific transaction and deposit restrictions to prevent potential manipulation and ensure market stability.
Other major exchanges, including BitGet, have also added the token to their platforms earlier this week.
About SOON
SOON is a blockchain project focused on addressing persistent challenges like liquidity fragmentation and interoperability across decentralized ecosystems. Its core innovation lies in the Super Adoption Stack (SAS).
The SAS offers seamless interaction among various blockchain networks, including Solana and The Open Network (TON). The platform has launched the first SOL x TON bridge, along with a native Telegram Mini App, enhancing user access.
SOON is built on a high-performance rollup stack and powered by the Solana Virtual Machine. Its infrastructure is designed for scalability and efficient cross-chain communication. Developers can use SOON to reach users at a lower cost compared to traditional TVL-based approaches.
At the time of writing, SOON's market capitalization remains undisclosed, though the token has already recorded a trading volume of $7.23 million, according to CoinMarketCap.
Analysts on X anticipate strong capital inflows from investors following the listings.
Note: this is a sponsored message from our partners
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Aiming to revolutionize the $85 billion content economy, Subbd is offering an AI-powered, tokenized platform to empower creators and engage fans.
With Web3 integration at its core, Subbd provides creators with automation tools to streamline content delivery, while fans enjoy exclusive, interactive experiences.
$SUBBD Tokenomics and Presale
Based on Ethereum, Subbd's native token, SUBBD, fuels the platform with premium content, staking rewards, and AI-driven utilities.
Holders can stake SUBBD tokens to unlock benefits such as:
Behind-the-scenes content
Private livestreams
Premium drops
The platform has already raised $465,670, and there are only a few hours left before the token's price increases.
Presale Snapshot:
* Raised: $465,670
* Next price increase: In 1 day
* Visit: https://subbd.io/register
The post Newly Launched Token Soars 15% as Major Exchange Lists It
Disclaimer:info@kdj.com
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