What is Sophon (SOPH)? The Things You Need to Know about Sophon

Sophon is a ZK (zero-knowledge) chain built and operates on the ZKsync hyperchain. The project is exclusively designed to assist consumer-focused applications within the ecosystem, and it onboards the next generation of crypto users by creating user-friendly applications that reward them. SOPH is the native cryptocurrency of the project that powers the whole ecosystem.

SOPH facilitates all the applications within the ecosystem by acting as a utility and gas token. This article explores the Sophon project and discusses all the necessary information you might need along your crypto journey.

What is Sophon (SOPH)?

Sophon is a zero-knowledge chain within ZKsync’s Elastic hyperchain. The blockchain platform brings crypto users together by creating user-friendly applications that reward them based on their everyday online activities. The primary feature of Sophon is that it makes crypto invisible to users while rewarding its benefits through the entertainment experience it delivers. The platform makes the technology completely invisible to users; rather than simplifying crypto workflows, the invisible flow of technology provides an enhanced experience to users.

Sophon gives predominant consideration to consumer-oriented applications like social and gaming platforms. The platform is working with an ardent aim of integrating cryptocurrency and its applications into everyday activities and life, and making it accessible for both crypto enthusiasts and non-crypto people through their advanced user-centric services and platforms. Sophon’s association with Ethereum allows it to process transactions at high throughput with reduced transactional costs.

Sophon leverages an advanced technology called ZK stack developed by ZKsync, and this technology helps Sophon to build a faster and flexible blockchain. Sophon is a part of Elastic Chain, and it allows them to share resources across the blockchain. Platform users can easily move digital items and money between Sophon and other ZKsync chains.

Key Features of Sophon

Advanced features and modular technology integration make Sophon unique and one of the most preferred blockchain services.

  • User-Centric Design: Ease of use is the prime specialty of Sophon. It prioritizes ease of use and making the blockchain technology invisible to the users. These factors attract more users and eliminate all the technical complexities associated with the blockchain projects.
  • Consumer-Focused Applications: Sophon offers various consumer-focused applications and tools that can be used in areas like social, gaming, and market predictions, etc.
  • Improved Scalability and Flexibility: Sophon is created as a modular rollup that offers enhanced scalability and flexibility.
  • High-Level Anonymity: The platform uses zkTLS technology to verify and analyze online achievements, user reputation, and social influence without disclosing the identity and personal information of a user.
  • Sophon Intelligence Agency (SIA): Sophon platform has a $5 million innovative programme called Sophon Intelligence Agency. It provides financial support and guidance to developers to build AI-driven projects and applications.

The SOPH Token

The SOPH is the native cryptocurrency of the Sophon network. The token serves as a utility and gas token, which means that SOPH can be used to access various network activities and pay gas fees within the network. SOPH powers the entire ecosystem, and it is a staking asset that secures the Sophon network through its delegated proof-of-staking mechanism. SOPH has a fixed total supply of 10 billion. Among the 10 billion token supply, 57% has been exclusively allocated to community activities like airdrops and liquidity mining programs.

Recently, Binance added Sophon in their Binance HODLer Airdrops. On May 28th, Binance officially announced Sophon as their 20th project on the Binance HODLer Airdrops campaign. All the users who subscribed their BNB to Simpler Earn from May 14 to 17 will be able to get SOPH airdrops. 150 million SOPH tokens are available in the Binance HODLer Airdrops campaign. SOPH is listed in major cryptocurrency exchanges like MEXC, Binance, KuCoin, Bitget, etc.

Tokenomics

  • Current Price: $0.05231 (at the time of writing)
  • Total Supply: 10 Billion SOPH
  • Circulating Supply: 2 Billion SOPH
  • Market Capitalization: $106.6 Million
  • 24-hour Trading Volume: $224.32 Million
  • Contract Address: 0x6B7774CB12ed7573a7586E7D0e62a2A563dDd3f0

Also Read: Moonchain (MXC) Price Prediction 2025 To 2030: Is It Too Late To Buy?

The Bottom Line

Sophon is an entertainment-focused blockchain platform developed to redefine the way people consume and participate in digital activities. It uses advanced ZK Stack technology to bridge the gap between traditional consumer-based applications and modern-day Web 3 capabilities.

The entertainment sector and digital entertainment will reach their finest level if we implement Sophon and capitalize on its true potential; the project utilizes the capabilities of blockchain technology to deliver enhanced and improved ways for users, creators, and investors to interact within the digital entertainment sector. SOPH, the utility token of the Sophon network, will help users to experience the best features of the network and access the ecosystem services.

Leave a Comment