SOMI Token Just Listed – What’s Your Take?

[tobiluxy]

Hey everyone,

I came across the SOMI listing today and thought it might be worth opening up a discussion here. From what I’ve read, SOMI is the native token for the Somnia blockchain. It’s supposed to be used for things like paying transaction fees, running dApps, and even enabling cross-chain transfers between ecosystems.

A few things stood out to me:

It’s EVM-compatible, so developers can build and deploy apps easily.

There’s a governance angle, meaning holders can vote on proposals.

It’s tied heavily to gaming, NFTs, and even metaverse use cases – things like in-game purchases, creator rewards, and NFT minting.

There’s staking and DeFi functionality as well (lending, borrowing, liquidity pools, etc.).

The total supply is 1 billion SOMI, and it’s built on the BNB chain also listed on BingX

What I’m curious about is whether SOMI will actually gain traction given how crowded the space already is. A lot of tokens promise to power gaming, NFTs, and DeFi, but only a few really manage to build strong adoption.

Has anyone here looked into Somnia before this listing? Do you think SOMI has a chance to carve out a niche, or is it another “wait and see” type project?

Would love to hear your thoughts.