Solana News Today: Sonami's Layer 2 Aims to Reverse Solana's User Decline as Competition Heats Up

Generated by AI AgentCoin WorldReviewed byAInvest News Editorial Team
Thursday, Nov 6, 2025 4:07 pm ET1min read
Speaker 1
Speaker 2
AI Podcast:Your News, Now Playing
Aime RobotAime Summary

- Sonami ($SNMI) announced a continued token presale and launched Solana’s first Layer 2 token to address scalability issues.

- The project aims to reduce congestion by bundling transactions, raising $2M at $0.0019 amid Solana’s 30% Q3 user decline.

- 40% of 82.999B tokens allocated for development/listings; team includes

Solana
veterans and fintech experts.

- Presale success reflects investor confidence in Solana’s growth amid Layer 2 competition from Ethereum-based rivals.

Sonami ($SNMI), a blockchain project focused on

Solana
network optimization, announced Nov. 6 the continuation of its token presale and the launch of the first Solana
Layer
2 token. The project aims to address scalability challenges on the Solana network, which has seen a 30% decline in active users during Q3 2025, according to a
TradingView report
, by bundling multiple transactions into single operations to reduce congestion, as detailed in the
Sonami announcement
.
The $SNMI token, priced at $0.0019 during its presale, has raised over $2 million as of the announcement.

The initiative positions Sonami as a key player in the Layer 2 space, where it plans to bridge tokens to its Layer 2 network post-presale and list on both decentralized and centralized exchanges. Tokenomics allocate 40% of the total 82.999 billion $SNMI supply to development and exchange listings, with 25% reserved for staking incentives. The project's roadmap includes expanding utility for token holders through reduced network latency and enhanced transaction speeds, aligning with broader industry efforts to scale blockchain infrastructure, as noted in a

LiveBitcoinNews article
.

Sonami's Layer 2 solution leverages Solana's existing architecture to enable high-frequency decentralized applications, including real-time gaming and microtransactions. The team, composed of Solana ecosystem veterans and fintech professionals, emphasizes transparency and protocol-level innovation. This follows a trend of Layer 2 adoption, as seen with Bitget's integration of Ethereum's Morph Chain, reported in

a Yahoo Finance report
, underscoring the growing demand for scalable blockchain solutions.

The presale's success highlights investor confidence in addressing Solana's current limitations. With the network's transaction speeds slated for upgrades, projects like Sonami could play a pivotal role in sustaining Solana's growth amid competition from Ethereum-based Layer 2s like

Arbitrum
and
Optimism
.