SOPH
Sophon
Market cap$16.6M
Updated - ago
SOPH rose 2.56% to $0.001402 with $880k in 24h volume. The token faces severe sentiment pressure as the project plans to sunset its standalone Ethereum Layer-2 mainnet on November 30, 2026, and pivot to building consumer applications on Base.1
Sophon is a Layer 2 blockchain built on the ZKsync rollup architecture, designed to provide scalable transaction processing while maintaining security guarantees through zero-knowledge proof technology. SOPH serves as the native utility token of the Sophon network, functioning primarily as the medium for transaction fees and computational resources within the ecosystem. Token holders can stake SOPH to participate in network validation and governance activities, earning rewards for their participation in securing the protocol. The token plays a central role in the economic model of the Sophon chain, incentivizing network participants to maintain infrastructure and process transactions efficiently. As a Layer 2 solution built on ZKsync, Sophon aims to reduce transaction costs and latency compared to mainnet operations while leveraging Ethereum's security guarantees through periodic proof settlement.