SOON Network: Extend SVM outside of Solana | Ultra-Early Project Follow

Author: Scof, ChainCatcher

Edited by: TB, ChainCatcher

After the Pump wave, the Solana ecosystem needs to build more valuable projects to retain users and continue to expand the influence of its own ecosystem.

But how can more ecological users use the fast and low-cost Solana chain?

SOON Network stands out as a rollup stack designed to deliver top-notch performance for all Layer 1, tailored architecture to meet the high-performance needs of modern decentralized applications.

Project Introduction

SOON Network is the first protocol to utilize Decoupled SVM (Decoupled SVM), committed to expanding Solana's execution capabilities beyond its native ecosystem. SOON builds high-performance Layer 2 solutions through SVM-based Rollup solutions and settles on mainstream Layer 1 networks such as Ethereum, providing better scalability, low transaction costs and an efficient developer experience.

Decoupling SVM, extending Solana execution capabilities

The blockchain industry has long been facing challenges such as scalability, interoperability and high transaction costs. Solana adopts a parallel execution architecture, enabling high throughput and low-cost transactions with SVM (Solana Virtual Machine). However, the Solana ecosystem is relatively closed, limiting the application of SVM in the wider blockchain ecosystem.

SOON Network extends Solana's execution capabilities to L1 ecosystems such as Ethereum by decoupling SVM, achieving the following key optimizations:

1. Improve scalability : SVM adopts parallel execution, improves throughput and reduces transaction costs, and has stronger performance advantages compared to EVM (Ethereum Virtual Machine).
2. Enhanced interoperability : Through SOON Stack, SOON allows the deployment of SVM Rollup in different L1 ecosystems, and enable seamless inter-chain interaction with the InterSOON cross-chain message protocol.
3. Optimize developer experience : SOON makes SVM an independent deployment of execution layer, allowing developers to freely build dApps without being restricted by the Solana ecosystem.

Technical Architecture

SOON Network adopts a modular design that decouples SVMs to become independent execution layers, thereby improving scalability, interoperability and developer experience. Its core architecture includes three components: SOON mainnet, SOON Stack and InterSOON, jointly building a high-performance, multi-chain compatible SVM Rollup ecosystem.

1. SOON Mainnet

The SOON mainnet is the first decoupled SVM Rollup, settled on Ethereum, and supports seamless cross-chain bridge between ERC-20 and SPL assets. It provides high-performance SVM execution while inheriting Ethereum's security.

2. SOON Stack

SOON Stack is a modular Rollup framework that allows developers to deploy SVM Rollup on different L1 ecosystems, supporting AI, DePIN, DeFi and other scenarios.

• Multi-L1 support: Ethereum is the settlement layer and integrates data availability solutions such as EigenDA, Celestia, and Avail.
• Customized Rollup: Supports Rollup structures optimized for specific applications.
• High-performance execution: Decoupled SVM to separate the execution layer from the consensus layer and improve efficiency.

3. InterSOON

InterSOON is a cross-chain message protocol of the SOON ecosystem, providing efficient and secure interaction between cross-chain assets and smart contracts, avoiding the liquidity fragmentation problem caused by traditional cross-chain bridges.

Compared with EVM, SVM has significant differences in architecture and performance:

1. Execution mode : EVM uses single-threaded sequential execution, while SVM relies on the Sealevel engine to achieve parallel execution, significantly improving throughput.
2. State Management : SVM adopts an explicit state access model to avoid data conflicts and improve execution efficiency.
3. Hardware Utilization : SVM makes full use of modern multi-core processors through multi-threading, while EVM is limited by a single-threaded architecture.
4. Fee mechanism : EVM adopts a global fee market and is susceptible to network congestion; SVM adopts a localized fee market to reduce Gas fees and improve predictability.

Community financing mechanism

SOON adopts a community NFT casting model to optimize early investor experience and ensure fairness and decentralization.

• NFT-binding token equity : Participants acquire tokens by minting NFTs instead of buying them directly. NFTs can be traded to improve liquidity.
• Configurable pricing and locking positions : Provides a multi-layer pricing solution, and users can choose high-price instant liquidity or discounted prices to lock positions for a long time to reduce selling pressure.
• Fair access : No private equity round, all token allocation is transparent, ensuring fair participation between retail users and institutional investors.

Investment and team background

On January 22, 2025, SOON Network completed a US$22 million financing, led by Hack VC, and the participating institutions include MH Ventures, SNZ Holding, ABCDE Capital, Anagram, etc. In addition, well-known investors Kuai Dong, Kartik Talwar and Mable Jiang also participated.

According to the information disclosed on the official website, the team's co-founder and CEO is Joanna Zeng, who was previously the vice president of Aleo and has also worked in Coinbase, OP Labs, Citi, and BNP Paribas. Team members also include former Amazon Web Services developer Nazreen and zkHoldem co-founder and marketing director Henry Spencer.

( This article only introduces early projects and is not used as investment advice. )