Somnia crypto has continued with its bullish price action since launching on September 2. Overnight, SOMI marked its most significant move, surging more than +60%. Many investors are now wondering if this is the next 100x play or if that title belongs to another project.

SOMI crypto is an EVM-compatible Layer 1 protocol designed for gaming and entertainment. Since its mainnet launch on September 2, traders are now able to bridge to Somnia via its official bridge protocol, while staking has also gone live.

Why Has Somnia Crypto Exploded Overnight? SOMI Up 300% Since TGE

The Somnia chain, built with GameFi and on-chain entertainment in mind, is quickly attracting developers from both sectors who wish to build on a network that aligns with their goals.

Since its mainnet launch, traders can now bridge to Somnia via Stargate, stake SOMI for validator rewards, and interact with various games, DeFi protocols, and NFTs already living on the network.

SOMI was launched via the Binance alpha platform on September 2, causing the price to surge from $0.39 to $0.51, with over $160M in trading volume during the first few hours of the token’s live debut.

One aspect that continues to attract buyers for Somnia crypto is its super-fast, 1 million+ TPS (transactions per second), which allows for sub-second finality, and fees costing a fraction of a penny.

Since its launch at $0.39, SOMI has increased by nearly +300%, currently trading at around $1.58, following a +60% overnight spike.

Market Cap

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It marks an uber-successful launch for the new project, following multiple funding raises over the past few years that saw investment from juggernauts such as a16z, SoftBank Vision Fund, Mirana, SIG, Digital Currency Group, and CMT Digital. In total, they have poured in more than $822M.

Interestingly, despite the recent price increase, Somnia crypto is still valued at only $250M, making it the 284th largest digital asset by market cap. Over the last 24 hours, SOMI has processed over $919 million in trading volume, highlighting the insane demand for the token, as volume exceeds its market cap by nearly 4x.

The hype for Somnia is legit, as the SOMI token is already listed on multiple top-tier centralized exchanges (CEX), including Binance, Bybit, Bitget, and KuCoin, alongside several smaller exchanges.

Now, the key question on many traders’ lips is whether Somnia crypto represents the next 100x play or if a project such as Pepenode (PEPENODE) is the better proposition.

Is Pepenode (PEPENODE) About to Pull a 100x as We Head into Q4?

Pepenode (PEPENODE) is a revolutionary meme coin x utility hybrid that is forever changing the way presales are conducted. Instead of leaving investors twiddling their thumbs with nothing to do while the presale runs its course, PEPENODE gives them ways to generate rewards from day one.

Mining, staking, and rising presale prices all work together to create buzz and hype for the PEPENODE token before the project goes live across decentralized and centralized exchanges. These three key components have led to more than $850,000 in funding being raised in just a few weeks.

The first revenue stream catching investors’ attention is mining. Historically, most traders have not been able to enter the mining space due to its high cost of entry and the level of technical knowledge required. PEPENODE removes those barriers by offering a mining simulator.

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Users can set up virtual nodes and facilities that produce rewards immediately via a simplified dashboard. This allows presale investors to compound their investment and earn additional revenue with this Gameified approach to mining.

Traders have the option to upgrade their facilities to improve their mining experience. When you upgrade a facility, 70% of the tokens spent are burned. This reduction in supply contributes to the deflationary nature of the token, which helps boost the value of the remaining PEPENODE tokens. In simple terms, as you earn mining rewards, you also contribute to the long-term stability of the project.

Staking and Rising Presale Prices Combine To Drive Hype and Value For PEPENODE

While Somnia crypto has had a successful token launch so far, is PEPENODE the best candidate for the next 100x play?

(SOURCE)

The second way to earn is through staking, which is already live during the presale. Current staking rewards are insanely high, sitting above 1,600%. More than 475 million tokens are already staked, highlighting the strong trust in the ecosystem’s future, as investors scramble to benefit from such a high-rewarding system.

Finally, early investors are passively rewarded due to the PEPENODE presale using progressive funding rounds rather than the typical flat pricing model. Each stage raises the price slightly higher. This model enables early buyers to realize value as soon as the next stage commences.

In conclusion, the combination of mining, staking, and progressive funding rounds is making PEPENODE one of the most hyped and rewarding presales of 2025, with many analysts already calling for it to hit $10 million and beyond in funding.

The PEPENODE token is currently worth $0.0010491 at this stage of the presale and is expected to continue rising steadily until the end of the presale.

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Alex Ioannou
Alex Ioannou
On-Chain Journalist

Alex is a seasoned cryptocurrency trader and market analyst with over seven years of active experience in the digital asset space. Since entering the markets in 2017, Alex has specialized in identifying emerging "meta" trends and high-volatility narratives. Notably, Alex... Read More

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