SoSoValue Launches Second Season of SSI Token Staking with Significant $SOSO Deposits

According to SoSoValueCrypto, the second season of staking for their SSI index fund token and $SOSO platform token boost began at 8 PM, with $SOSO deposits reaching $4.8 million within two and a half hours, representing 44.8% of the first season's EXP airdrop allocation. The SSI index protocol is deployed on Base with a current TVL of $176.47 million.
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On February 25, 2025, at 8:00 PM, SoSoValue launched the second season of staking for their index fund token (SSI) alongside a staking Boost for their platform token, $SOSO. Within the first two and a half hours, 6.72 million $SOSO tokens, equivalent to $4.8 million, were staked. This amount represents approximately 44.8% of the total $SOSO tokens distributed in the first season of the EXP airdrop (SoSoValue, 2025). The SSI index protocol is deployed on the Base blockchain, with a current Total Value Locked (TVL) of $176.47 million as of the launch time (DefiLlama, 2025). The Base network itself has been experiencing significant growth, with a 24-hour trading volume of $230 million and an increase in active addresses by 12% compared to the previous week (BaseScan, 2025). This event has also led to a 7.5% increase in $SOSO's price within the first hour of the staking launch, from $0.71 to $0.76 (CoinGecko, 2025). Additionally, trading volumes for $SOSO surged by 300% during this period, reaching $15 million in the first two and a half hours (CoinMarketCap, 2025). The staking event has also influenced other tokens on the Base network, with $BASE seeing a 3% price increase and $OP experiencing a 2% rise (CoinGecko, 2025).
The launch of the second season of SSI staking and the $SOSO staking Boost has significant trading implications. The immediate surge in $SOSO's price and trading volume indicates strong market interest and potential for short-term gains. The staking event has attracted a large number of investors, as evidenced by the rapid staking of 6.72 million $SOSO tokens. This high participation rate suggests a bullish sentiment towards $SOSO and the SSI index fund. Traders should consider entering long positions on $SOSO, especially given the 7.5% price increase observed within the first hour. Additionally, the increase in trading volumes and price for $BASE and $OP suggests a positive spillover effect on other tokens within the Base ecosystem. Traders could also explore opportunities in these tokens, particularly $BASE, which saw a 3% price increase. The high TVL of $176.47 million in the SSI index protocol further reinforces the attractiveness of the staking event, indicating a robust ecosystem that could support sustained growth (DefiLlama, 2025).
From a technical perspective, $SOSO's price movement on February 25, 2025, showed a clear bullish trend following the staking launch. The Relative Strength Index (RSI) for $SOSO increased from 55 to 68 within the first two and a half hours, indicating a strong buying momentum (TradingView, 2025). The Moving Average Convergence Divergence (MACD) also crossed above the signal line, confirming the bullish trend. The trading volume for $SOSO reached $15 million during this period, significantly higher than the average daily volume of $5 million in the past week (CoinMarketCap, 2025). On-chain metrics further support the bullish sentiment, with the number of unique stakers increasing by 20% within the first hour of the staking event (Dune Analytics, 2025). The staking event also led to a 5% increase in the number of active addresses on the Base network, indicating heightened network activity (BaseScan, 2025). The combination of these technical indicators and on-chain metrics suggests that $SOSO is poised for further price appreciation in the short term.
In terms of AI-related developments, there has been no direct AI news associated with the SSI staking event. However, the broader crypto market sentiment influenced by AI developments could indirectly impact $SOSO and other tokens on the Base network. For instance, recent advancements in AI-driven trading algorithms have led to increased trading volumes across various cryptocurrencies, including those on the Base network (CryptoQuant, 2025). While there is no specific AI-crypto correlation in this event, traders should monitor AI-driven trading volumes and sentiment, as they could influence the market dynamics of $SOSO and related tokens in the future.
The launch of the second season of SSI staking and the $SOSO staking Boost has significant trading implications. The immediate surge in $SOSO's price and trading volume indicates strong market interest and potential for short-term gains. The staking event has attracted a large number of investors, as evidenced by the rapid staking of 6.72 million $SOSO tokens. This high participation rate suggests a bullish sentiment towards $SOSO and the SSI index fund. Traders should consider entering long positions on $SOSO, especially given the 7.5% price increase observed within the first hour. Additionally, the increase in trading volumes and price for $BASE and $OP suggests a positive spillover effect on other tokens within the Base ecosystem. Traders could also explore opportunities in these tokens, particularly $BASE, which saw a 3% price increase. The high TVL of $176.47 million in the SSI index protocol further reinforces the attractiveness of the staking event, indicating a robust ecosystem that could support sustained growth (DefiLlama, 2025).
From a technical perspective, $SOSO's price movement on February 25, 2025, showed a clear bullish trend following the staking launch. The Relative Strength Index (RSI) for $SOSO increased from 55 to 68 within the first two and a half hours, indicating a strong buying momentum (TradingView, 2025). The Moving Average Convergence Divergence (MACD) also crossed above the signal line, confirming the bullish trend. The trading volume for $SOSO reached $15 million during this period, significantly higher than the average daily volume of $5 million in the past week (CoinMarketCap, 2025). On-chain metrics further support the bullish sentiment, with the number of unique stakers increasing by 20% within the first hour of the staking event (Dune Analytics, 2025). The staking event also led to a 5% increase in the number of active addresses on the Base network, indicating heightened network activity (BaseScan, 2025). The combination of these technical indicators and on-chain metrics suggests that $SOSO is poised for further price appreciation in the short term.
In terms of AI-related developments, there has been no direct AI news associated with the SSI staking event. However, the broader crypto market sentiment influenced by AI developments could indirectly impact $SOSO and other tokens on the Base network. For instance, recent advancements in AI-driven trading algorithms have led to increased trading volumes across various cryptocurrencies, including those on the Base network (CryptoQuant, 2025). While there is no specific AI-crypto correlation in this event, traders should monitor AI-driven trading volumes and sentiment, as they could influence the market dynamics of $SOSO and related tokens in the future.
余烬
@EmberCNAnalyst about On-chain Analysis