SOON and EigenDA are redefining blockchain standards. By combining scalability, security and reduced costs, this revolutionary partnership paves the way for next-generation dApps. Learn how these technological innovations and community engagement are shaping a new age for the crypto ecosystem.
SOON and EigenDA team up for an ambitious vision
In a sector where technological innovation is the keystone of competitiveness, the new partnership between SOON and EigenDA represents a notable step forward.
SOON, a Network Extension leveraging the power of the Solana Virtual Machine (SVM), has partnered with EigenDA, a data availability (DA) solution developed by EigenLayer, to address some of blockchain's most complex challenges.
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This partnership aims to transform the standards of scalability, security and efficiency, not only for their respective infrastructures, but also by extension for the entire blockchain ecosystem.
While many players are still struggling to overcome the limits inherent to the famous blockchain trilemma, SOON and EigenDA offer an alternative that could well redefine the rules of the game.
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A unique architecture: SOON and decoupled SVM
SOON positions itself as a pioneering player in the crypto ecosystem thanks to its decoupled SVM architecture, an innovation that allows it to achieve very significant scalability. Unlike traditional SVMs, which are often limited by their monolithic nature, this modular design offers increased flexibility and performance.
By outsourcing essential functions, such as transactional data management, SOON manages to process high volumes while ensuring transaction security and integrity.
One of the key elements of this architecture is integrating a data availability layeressential for rollups. This technology ensures that each transaction can be transparently verified by all participants, eliminating the risk of manipulation or fraud. This is where EigenDA plays a decisive role.
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EigenDA and its response to data availability challenges
EigenDA provides a robust and efficient solution to the problem of data availability, one of the most pressing challenges for modern blockchain infrastructures.
With a fully decentralized architecture, based on more than 200 independent operators, EigenDA offers high security guarantees while optimizing costs.
EigenDA's performances speak for themselves. These latter display a data rate reaching 8 MB/s, a processing capacity of 20 TB, and an infrastructure capable of competing with standards such as those of the Solana blockchain, recording more than 5,000 transactions per second (TPS):
Results of a test carried out by EigenDA
These technical specifications are not just numbers on paper. In fact, they have been validated by tests in real conditions. As a result, EigenDA not only meets SOON's requirements, but exceeds them, paving the way for broader adoption of rollups.
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A partnership with concrete results
The benefits of this strategic collaboration are not limited only to technical performance. The impact is visible at all levels of the user experience.
For example, the pre-confirmation time of transactions has gone from several seconds to less than 500 milliseconds, providing remarkable fluidity. Block times, meanwhile, are reduced to just 50 millisecondsa feat that places SOON among the most efficient blockchains in the sector.
On an economic level, the integration of EigenDA allows SOON to offer transactions at a cost of less than $0.01. A functionality particularly appreciated in sectors such as micropayments or decentralized applications (dApps) with high transaction frequency.
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While other collaborations in the blockchain ecosystem focus on one-off improvements, the SOON-EigenDA partnership redefines the very foundations of transactional infrastructure. SOON's approach, combined with EigenDA's capabilities, creates an ideal digital environment for deploying next-generation dApps.
With the launch of the SOON Stack, a complete toolbox for developers, the Network Extension now offers the possibility of easily creating layer 2 solutions. This technical innovation aims to stimulate the activity of developers, but also to strengthen the overall competitiveness of the blockchain ecosystem.
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A community dimension for SOON
SOON stands out not only for its technology, but also for its commitment to its community. With an allowance of 51% of the total supply of SOON tokens reserved for the communitythe project places users at the center of its development.
This allocation will be distributed in 3 issuance cycles to the project's NFT holders. Each cycle will represent 13% of the total supply of SOON tokens, with an additional 12% of the supply reserved for NFT holders who participate in on-chain activities on the SOON ecosystem.
The different rounds/phases of issues to invest in the SOON project
This distribution mechanism, structured around “ COMMing SOON NFT Mint “, differs from traditional token launches due to their accessibility for “retail”, although entry tickets remain relatively expensive for modest wallets.
In order to participate financially in the SOON project and be rewarded in eponymous tokens, 4 NFTs with different characteristics and vesting periods are offered to investors :
The 4 NFTs proposed to invest in the SOON project
Additionally, SOON Squad, SOONers, and SOONests NFTs can serve as “ Battle Pass “. Their holders, by interacting with the SOON ecosystem, will potentially be able to earn up to 50% additional airdrops.
This mechanism of offering is reminiscent of a relatively similar mechanism: that of Infinex with its NFTs “ Patterns “. The project had managed to raise more than $65 million this way as of September.
At the time of writing, the Infinex Patrons collection is estimated at more than $469 million according to the CoinGecko platform.
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Indeed, the SOON project has the particularity of having been financed by individuals, which allows it to maintain a certain independence over its tokenomics. Among the participants in the fundraising are executives from Solana Foundation, Solana Labs, Coinbase Ventures and Mantra among others.
Non-exhaustive list of participants in the SOON fundraising
The project also incorporates social incentives, rewarding engagement on networks and sponsorships to consolidate a strong and invested user base.
The alliance between SOON and EigenDA marks an important step in the evolution of the two projects, and their model could inspire other blockchains. By overcoming traditional barriers of scalability, security and cost, this partnership paves the way for a new generation of dApps.
As the crypto industry continues to grow and diversify, SOON and EigenDA intend “ lay the foundations for a revolution whose effects will be felt well beyond the blockchain “. This partnership, combining innovation and community engagement, could well become a model for future collaborations.
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Investments in cryptocurrencies are risky. There is no guaranteed high return, a product with high return potential involves high risk. This risk-taking must be in line with your project, your investment horizon and your capacity to lose part of this savings. Do not invest if you are not prepared to lose all or part of your capital
Passionate about the blockchain ecosystem, I like to deepen my knowledge and share my discoveries. In a perpetual quest to learn more about cryptos, I recently joined the Cryptoast Research team where I provide weekly fundamental analysis.
Theo Zananiri
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