There's close to an ounce of dissolved refined sugar in a can of soda. Hell, a can of ginger ale has almost 40 grams of sugar in it. Drinking that much sugar at once will spike your blood sugar levels and can potentially set you up for pre-diabetes if you make it a habit.
Insulin tolerance is not that well known in the public sphere. But it's sure a measurable effect, and among the bigger reasons I cut way back on sugar.