Sophon (SOPH) is an innovative Layer 2 blockchain platform built using zkSync technology, designed for entertainment and consumer-focused applications. With its Validium architecture, it enables high transaction throughput and low fees. The native SOPH token is used for paying transaction fees, staking, and governance within the network.
As of writing, SOPH has risen by 8.83% in the past 24 hours, making it one of the top gainers of the day.
A major South Korean exchange announced it will list SOPH with a KRW trading pair, with deposits accepted only via the Sophon network. Trading is scheduled to begin on June 2 at 7:00 PM KST, and the listing announcement may have contributed to the recent price increase.
