Recently, the SOMI token has undergone a significant price adjustment. It rapidly fell from a peak of 1.8 USD to around 1 USD, with the market capitalization shrinking by nearly half in just a few days. This sharp price fluctuation has undoubtedly brought a huge impact to market participants, especially those investors who entered at high levels.

However, upon calm analysis, we find that this pullback actually provides us with a good opportunity to reassess the Somnia project. The main reason for such a significant adjustment is the selling pressure brought about by token unlocks. In Somnia's token distribution plan, the team and institutional investors hold a considerable share, and these tokens are gradually unlocked after listing, which inevitably triggers a certain degree of selling pressure. Additionally, with the decline in speculation heat, it is reasonable for the price to return to rationality.

Nevertheless, this adjustment is not entirely negative. It gives us the opportunity to discard a purely speculative mindset and instead focus on the intrinsic value of the projects. From a technical standpoint, Somnia indeed showcases some remarkable features. For instance, its MultiStream parallel processing mechanism and IceDB high-performance storage system are innovations with actual technical substance, rather than mere conceptual hype. Although the performance metric of 400,000 TPS may sound somewhat exaggerated at first glance, considering the urgent demand for performance in current blockchain games, this figure is actually not unrealistic.

The more critical aspect is Somnia's EVM compatibility. This means that developers and projects within the Ethereum ecosystem can easily migrate to the Somnia platform without having to learn a new programming language. In contrast, public chains like Solana, which require developers to master a new language, despite their excellent performance, still find it difficult to compare with Ethereum in terms of the prosperity of the developer ecosystem.

Overall, while this pullback has brought considerable pressure to short-term investors, it also provides us with an opportunity to more rationally assess the Somnia project. After stripping away the excessive speculative factors, we can examine its technological innovations and ecological potential more objectively. For investors who are optimistic about the long-term development of blockchain technology, this may be a noteworthy entry point.