Rhymesayers Entertainment just announced the big lineup for their third annual Soundset Festival. The music festival will feature some of the best independent acts in Hip Hop including Brother Ali, Method Man and Redman, Freeway and Jake One, Atmosphere, Fashawn, Wiz Khalifa, Murs, and several others.

Last year’s event, which was held in Shakopee, Minnesota’s Canterbury Park, attracted over 15,000 people who got the chance to see b-boy battles, deejay performances, artist paintings, and other elements of Hip Hop. This year, the event will also be held at Canterbury Park, and will include 40 artists who’s performances will make up nine hours of the event.

Soundset 2010 will go down on May 30, while tickets for the event will go on sale on April 2.

In other news, XXL‘s Freshmen of 2010 will join Cam’ron and The U.N. for their own live show this Wednesday. The lineup includes newcomers Nipsey Hussle, Pill, Jay Rock, Big Sean and others.

All artists will perform at the Highline Ballroom in New York City on Wednesday, March 31.