Somnia (SOMI) Crypto Launches Mainnet – Important Details Behind the Launch

Jakarta, Pintu News – Somnia (SOMI) crypto officially launched its long-awaited mainnet, marking a landmark achievement after more than 18 months of development.

The launch process went smoothly overall, although there were some minor hiccups that briefly disrupted activity. With the listing on the exchanges already achieved, let’s analyze the price movement of SOMI crypto to see where it goes next, citing CCN’s report.

Somnia Mainnet Launch

After 18 months of development, Somnia officially launched its mainnet on September 2 and immediately gained support from several major centralized exchanges, including Binance and Bitget.

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It claims to have a throughput of over one million transactions per second and finality of less than one second, with low transaction fees. Furthermore, its testnet has completed more than 3.5 billion transactions.

What exactly is Somnia? In short, Somnia aims to compete in the decentralized finance (DeFi) and gaming sectors. Somnia’s native token, SOMI, has various uses, such as in governance, transaction fees, and validator rewards.

According to CCN’s report, Somnia’s mainnet launch was a success, despite some minor issues, such as:

• The claims page crashed due to the high traffic spike, which also caused Quill allocation issues.
• The Remote Procedure Call (RPC) was targeted by a DDoS attack, but was successfully repaired within 30 minutes.
• Quickswap faced issues in the final seconds, but those issues have been fixed.

With all that said, let’s analyze the price movement of SOMI crypto to see what happens next.

SOMI Crypto Price Analysis

There is not enough price data to make a definitive prediction on SOMI, so this analysis should be received with caution. However, since its launch, SOMI’s price has been moving inside a rising parallel channel and is currently at the bottom of that channel.

Channels like this usually accommodate corrective moves, and the fact that SOMI is at the bottom of the channel makes a breakdown more likely.

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If that happens, the price of SOMI could fall to the horizontal support area at $0.45 or even experience a drop to a new all-time low. This is also the case with some new listings on Binance, which often experience a price spike shortly after listing, only to drop dramatically afterwards.

Successful Mainnet Launch

Overall, despite Somnia’s successful mainnet debut, its short-term price movement remains uncertain, with early indicators pointing to potential downside risks.

Listings on Binance have often experienced price drops shortly after launch, and SOMI crypto’s price movements suggest something similar could happen.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• CCN. Somnia (SOMI) Launches Mainnet – Key Details Inside. Accessed on September 4, 2025