🔍 What is $SOPH (#sophon )?
Sophon is a Layer-2 blockchain built using zkSync’s ZK Stack, focusing on entertainment applications such as gaming, ticketing, and #AI interactions. It leverages Validium technology for scalability and aims to provide high throughput with low fees. The project is backed by #BinanceLabs and has raised over $70 million, selling more than 120,000 node licenses .  
• Total Supply: 10,000,000,000 SOPH
• Circulating Supply at Launch: 2,000,000,000 #SOPH (20%)
• Initial Airdrop: 900 million SOPH tokens (9% of total supply) were distributed at launch, contributing to a significant price drop of over 33% within 24 hours .   
📉 Market Performance
As of now, SOPH is trading at approximately $0.062, with trading volume exceeding $800 million . The initial price decline is attributed to the large airdrop and the token’s limited utility at this early stage. However, the high trading volume indicates strong market interest.  
🗳️ Community Poll
Share your thoughts in the comments:
• What are your expectations for SOPH’s future?
• Do you believe in the potential of entertainment-focused Layer-2 blockchains?
• What factors influence your decision to invest in new tokens?
Stay tuned for more updates and analyses on emerging cryptocurrencies.
Have you invested in SOPH?
