Here’s Exactly Why Somnia (SOMI) Price Is Going Up

Have you noticed how quickly Somnia price has moved? In just 24 hours, SOMI is already up more than 70%. The jump has been so sharp that it appeared on Binance’s hot list, a spot usually reserved for tokens gaining massive traction.

Many traders could wonder what triggered this sudden rise and that is our focus here.

Somnia is a blockchain designed for games and social apps that need speed and scale. The network can process over 1 million transactions per second, making it one of the fastest in the space. That type of capacity matters when you think about online games where thousands of players interact in real time.

SOMI token is at the center of this design. It covers transaction fees and gives holders a say in governance decisions. Half of all fees get permanently burned, reducing supply over time and supporting long-term value.

How Exchange Listings Pushed SOMI Price Higher

The biggest trigger for the latest move has been the cluster of new listings. On September 2 and 3, SOMI went live on several major platforms, including Bybit, CoinEx, WEEX, and KuCoin. Listings like these instantly widen access, giving thousands of new traders the chance to buy and sell.

CoinEx announced SOMI’s spot listing with USDT pairs, while WEEX introduced SOMI to its global users. KuCoin added even more momentum by confirming SOMI availability across futures, convert, and fast trade. These listings created a wave of fresh demand, which directly fueled the price spike.

Somnia mainnet just went live, backed by real testing results that include 10 billion transactions and over 118 million wallets created during trials. That shows the network is not just an idea on paper but a functioning system built to scale.

The story of Somnia’s rise is still being written. SOMI price rally reflects a mix of strong technology, smart tokenomics, and perfectly timed listings. Whether this surge continues or cools off will depend on how the project delivers in the coming months, especially as gaming and social apps start to build on the network.

Read Also: How Many Cardano (ADA) Do You Need to Become a Millionaire?

Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.

intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

Tags:

Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

CaptainAltcoin
Logo