Deep Dive
1. SoDEX Mainnet & Ecosystem Growth (Bullish Impact)
Overview: The EVM-compatible SoDEX testnet launched in June 2025 with 118 trading pairs and a 1M SOSO rewards pool. Mainnet launch (expected Q4 2025) would enable fee sharing for SOSO stakers and deeper DeFi integration.
What this means: Successful adoption could increase SOSO’s utility as a governance/staking asset, mirroring exchanges like UNI. However, delayed execution or low TVL post-launch might dampen sentiment (SoDEX Testnet Article).
2. Token Supply Dynamics (Bearish Risk)
Overview: 33% of SOSO’s supply (Core Contributors + Partners) begins unlocking in December 2026 after an 18-month cliff. Current circulating supply is 27.5% of max.
What this means: While the structured vesting prevents near-term dumps, 2026 unlocks could pressure prices if demand doesn’t scale proportionally. Monitoring staking rates (current APY up to 67%) and burn mechanisms will be key (Tokenomics Docs).
3. Market Sentiment & Alt Season (Mixed Impact)
Overview: SOSO’s 30-day rally (+29.56%) aligns with the Altcoin Season Index at 65 (up 30% monthly). However, its 14-day RSI of 76 signals overbought conditions historically preceding corrections.
What this means: A sustained alt rally could propel SOSO toward its ATH of $1.5, but a Bitcoin dominance rebound above 58% might siphon capital away. Traders should watch the $0.718 Fibonacci support and ETF inflow trends (Global Metrics).
Conclusion
SOSO’s AI-driven utility and controlled supply offer upside, but 2026 unlocks and technical saturation near $0.75 require caution. Can SoDEX’s mainnet activation offset macro headwinds? Watch Q4 TVL growth and staking participation rates for directional cues.