🪙 What is SOMI? 👇👇👇👇
SOMI is the native token of Somnia — a new Layer-1 blockchain built to support very fast, large-scale Web3 applications like gaming, decentralized social platforms, and metaverse environments. It’s fully EVM-compatible, meaning developers can use Ethereum tools and smart contracts with it. The network is designed to handle millions of transactions per second with very low costs and near-instant finality, thanks to innovations like parallel consensus (called MultiStream), a custom database (IceDB), and advanced data compression.
📉 Current Market Snapshot
As of the latest data available (which updates frequently and may differ by exchange), SOMI has a circulating market presence with thousands of holders and a market price that moves with broader crypto sentiment and project developments. For example, at one recent snapshot, its price was around $0.18 USD with a market cap of tens of millions — much lower than its initial listing peaks (it hit ~$1.9 at one point) reflecting typical volatility in new tokens.
#USIranMarketImpact #ETHMarketWatch #TrumpCancelsEUTariffThreat #SOMİ #Binance