#somi Somnia (SOMI) is the native utility token of a high-performance, EVM-compatible Layer-1 blockchain designed for ultra-fast throughput and low-cost transactions, aiming to support gaming, metaverse, and DeFi applications. Its ecosystem focuses on scalability with capabilities of handling over one million transactions per second and sub-second finality. 
2. Tokenomics & Supply Dynamics • Fixed supply: Max 1,000,000,000 SOMI tokens. • Circulating supply: ~160M (as of current available data). • Deflationary feature: ~50% of transaction fees are burned, reducing circulating supply over time and potentially creating scarcity pressure. 
3. Utility & Governance SOMI is used for: • paying gas fees on the network, • staking (delegated Proof-of-Stake), • and future governance participation for holders. These utilities help provide demand for the token inside its ecosystem. 
4. Price Action & Market Context • SOMI saw a significant all-time high (~$1.84) in 2025 but has since retraced substantially.  • Current price trends show notable daily and weekly volatility, common in newer crypto tradable assets.  • Volume levels suggest active trading interest, but price swings remain large due to speculative trading and market sentiment. 
5. Risks & Considerations • Volatility: Crypto tokens like SOMI can fluctuate widely in short periods. • Adoption dependency: Long-term demand largely depends on adoption of the Somnia blockchain ecosystem. • Market conditions: Broader crypto market trends greatly influence SOMI’s price direction.