It's worth noting how uncommon Somnia's situation really is in the Layer 1 space. Few blockchain projects manage to secure substantial funding rounds while maintaining a sub-$50M valuation—and that's telling. Rather than signaling trouble, this gap between capital raised and market cap often indicates undervaluation. Most would brush past it, but savvy observers recognize what this typically signals about a project's growth trajectory and market positioning. The dynamics here suggest room for repricing as awareness expands.