Binance Alpha to Launch SOON Token Trading, Airdrop on May 23

Binance Alpha is set to launch exclusive trading and an airdrop for the SOON token on May 23, 2025. This initiative positions SOON at the forefront of Binance’s efforts to highlight emerging digital assets. The token, which is part of the SoonVerse ecosystem, will be available for trading on Binance Alpha, providing early adopters with a unique opportunity to engage with a low-cap token still in its developmental phase.

Binance Alpha users will have the exclusive chance to redeem SOON tokens through an airdrop, which will be accessible using Alpha Points. These points serve as the key for users to claim the token before it becomes available to the general public. The airdrop is designed to incentivize user engagement and add value to Binance Alpha’s reward ecosystem. Users are advised to stay tuned for the full activity rules, which will be published on the Alpha event page on May 23.

This strategic move by Binance Alpha not only encourages greater user participation but also ensures that the initial distribution of SOON tokens is directed toward a committed audience. By filtering users based on their Alpha Points, the platform can offer SOON an early liquidity boost when trading begins. This approach underscores Binance Alpha’s focus on community growth and project exposure, leveraging its user base to drive interest and adoption for new tokens.

SOON, the native token of the SoonVerse ecosystem, is currently valued at $0.00004820 with a market cap of $14.94K. Despite showing no 24-hour price or volume change, the token has over 1,600 holders and a self-reported circulating supply of 310 million tokens. The project, which recently rebranded from SoonSwap, has a maximum supply of 1 billion tokens and a fully diluted valuation of $48.2K. This low market activity suggests that SOON is still under the radar, presenting a potential advantage for early buyers.

Technical indicators for SOON reflect weak momentum. The Moving Average Convergence Divergence (MACD) shows a slight recovery from bearish levels but remains in negative territory. The Relative Strength Index (RSI) stands at 41.14, indicating a move up from oversold conditions but still lacking strong buying signals. These technical indicators suggest that while there is some recovery, the token’s momentum is not yet robust, which could be an opportunity for early adopters to enter the market before broader interest picks up.