Sophon SOPH skyrockets 10X after launch and token itemizing on OKX and Binance. The Ethereum layer-2 desires to be the go-to platform for leisure dapps and is simplifying onboarding.
Whereas everyone seems to be watching Bitcoin, Solana, BNB, and a number of the finest cryptos to purchase in June, Sophon is making outstanding strikes.
Coincidentally, the Sophon rally is when the whole crypto market is down 1.3% to $3.4 trillion at press time, with meme cash like Dogecoin falling.
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SOPH Up 10X After Listing
SOPH, the native token, is up almost 10X at press time, outperforming even a number of the finest Solana meme cash.
The fast enlargement seen on Could 28 has but to be confirmed. At present, the token is shifting sideways.
Though bulls are optimistic, the native resistance is at $0.07. It should be decisively damaged for patrons to substantiate beneficial properties from late final month.
On the decrease finish, major help is at $0.048. For the upside to proceed, Sophon bulls should defend this stage.
If not, costs may drop by over 50%, reversing the beneficial properties of Could 28.
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What Is Sophon?
It’s an Ethereum layer-2 resolution constructed utilizing zkSync tech, adopting the Elastic Chain structure.
Its purpose is to bridge web2 and web3 experiences whereas tapping into the huge Ethereum ecosystem.
E123: @Sophon: The Crypto Social Oracle is right here!
This dialog is completely timed with the Sophon token launch that occurred yesterday – be a part of me & @0xsebastiena as we go deep into:
– Monetizing consideration & decoding the Social Oracle
– ADHD as a superpower for constructing epic… pic.twitter.com/jC4UrLP73Q— MR SHIFT (@KevinWSHPod) Could 29, 2025
What makes Sophon distinctive is its elimination of advanced pockets setups.
Customers can join utilizing acquainted strategies like Google or Apple accounts, making a non-custodial pockets within the background.
Moreover, it helps gasless transactions through the paymaster provided by zkSync. This tech permits customers and builders to take pleasure in a web2-like expertise with out holding SOPH for transactions.
Because it launches, Sophon goals to be a key participant in leisure verticals like playing, ticketing, and sports activities betting.
Its proprietary zkTLS know-how enhances person privateness, whereas Sophon AI powers knowledge provision and predictions. The AI will even reward customers utilizing zkTLS.
Will Sophon Proceed Rallying?
Whereas Sophon has bold plans to revolutionize leisure, SOPH bulls should drive costs above Could 2025 highs.
For this to occur, basic elements should enhance demand, as momentum is at the moment fading.
The preliminary pleasure and surge adopted the itemizing of SOPH, the native utility token of Sophon, a layer-2 platform constructed utilizing ZK Stack, on a number of exchanges, together with OKX and Binance.
A 30 million SOPH “trade-and-earn” pool fueled demand, encouraging customers to purchase and maintain on OKX.
$SOPH is coming to OKX
Customers eligible for the SOPH airdrop obtain a 5% BONUS allocation when claiming by way of the OKX Trade!
To obtain this bonus, you could register by way of a particular declare circulate.
Particulars beneath
pic.twitter.com/H9DNRhXwcJ
— sophon (@sophon) Could 23, 2025
Moreover, a 5% bonus for airdrop allocations was provided to early supporters with OKX accounts.
This flurry of engaging incentives, mixed with a Binance itemizing and the discharge of SOPH/USDT perpetual futures, drove SOPH to a excessive of $0.07 on Could 28.
Extra partnerships are anticipated sooner or later. If extra leisure dapps are constructed on Sophon, SOPH may rise additional.
So far, the platform has introduced a collaboration with Octane Safety.
We’re excited to be the official safety associate for @sophon’s Canvas program, a $4M launchpad for the following wave of shopper crypto apps.
Groups in Canvas get an Octane AI safety evaluate earlier than launch to catch vital bugs early.
pic.twitter.com/XySbrktuXf
— Octane Safety (@octane_security) June 2, 2025
The agency will function the official safety associate for the Sophon Canvas program, a $4 million launchpad anticipated to drive the following wave of shopper dapps on Sophon.
Hedge Empire would be the first main sport to launch on the Canvas.
Introducing @HedgeEmpire – the primary main sport launching from Sophon Canvas.
Construct your Wall Road empire by way of strategic hiring, workplace enlargement, and AI-powered buying and selling algorithms. It is SimCity meets excessive finance, the place each resolution compounds into buying and selling dominance. pic.twitter.com/lUOYmylaOP
— sophon (@sophon) Could 30, 2025
Each undertaking constructing on it is going to obtain a complete AI safety evaluate earlier than launch.
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Sophon SOPH Up 10X: Why Is This Ethereum Layer-2 Rallying
- SOPH explodes 10X after launching
- SOPH buying and selling on a number of exchanges, together with OKX and Binance
- Sophon is an Ethereum layer-2 focusing on leisure dapps
- Will it appeal to builders? Companions with Octane Safety for immediate AI safety evaluate
The put up Sophon SOPH Surges After Launch and Listing: What’s Driving Prices? appeared first on 99Bitcoins.
