Overview of Sophon (SOPH)
Sophon (SOPH) is the native token of the Sophon Network platform, launched in 2024 as a Layer 2 blockchain based on zkSync Validium for consumer Web3 applications (games, AI agents, social networks, prediction markets). The platform focuses on fast and cheap transactions using Paymaster for gasless operations. Key features of the token:
- Transactions: Gas payment (although Paymaster allows subsidizing transactions).
- Staking: Support for decentralization of sequencer, earning rewards for block processing.
- Deflationary model: Burning part of unused rewards, fixed issuance.
Key Features:
- Ecosystem: Support for dApps (games, AI, social platforms), integration with Aethir (decentralized GPU cloud), Zentry, Beam. TVL ~$100–$150 million.
- Tokenomics: Maximum issuance of 10 billion SOPH, circulating supply ~2 billion (20%), FDV ~$2–$3 billion. Distribution: 57% — community (20% for node rewards), 25% — team, 18% — investors.
- Partnerships: Binance Labs, OKX Ventures, HTX Ventures, Spartan, Paper Ventures, Maven11, Zentry, Aethir. Funding: $70 million (including $60 million from node sales in 2024).
- Metrics: 1 million active wallets, $40 million tokenized assets, 30% increase in activity (July–August 2025).
- SOPH trades on Binance, OKX, KuCoin, Upbit, MEXC, GroveX (38 exchanges, 48 markets).
- Price (August 24, 2025): ~$0.03474–$0.03538 (USD), €0.02931–€0.03884 (EUR).
- Market Capitalization: ~$66–$69.49 million (rank #490–662).
- Trading volume (24h): ~$1.37–$42.48 million, change -7.3% to +15%.
News:
- Listings: Binance (SOPH/USDT, May 2025, $1.66–$48.56 million volume), Upbit (SOPH/KRW, $20.4 million), OKX, KuCoin, MEXC (2025). “Seed tag” applied on Binance (high volatility).
- Airdrop: 900 million tokens (9% of issuance) in May 2025, caused a drop of 33%.
- Updates: Launch of Sophon Farm (Q1 2025), Social Oracle for achievement verification (August 2025), integration with Aethir (GPU cloud).
- Negative: Drop of 68–69.08% from ATH ($0.11–$0.11047, May 2025), delay in Yappers distribution (August 2025).
- Bullish Sentiment: 55–70% of posts on X are optimistic, “undervalued” (@SophonUpdates), “Korea strategic target” (@DannyJa04901152).
## Technical Analysis
- Current Situation: SOPH price has dropped 68–69.08% from ATH ($0.11047, May 2025) and is trading at $0.03474–$0.03538, with a change of -7.3% to +5.44% over 24 hours and -9.2–17.4% over 7 days. The daily chart shows a descending channel, support at $0.03017–$0.034, resistance at $0.0408–$0.063. RSI is neutral, a bounce is possible.
- Key Levels:
- Support: $0.03017 (ATL, 50-day SMA), $0.034.
- Resistance: $0.0408 (Fib 0.618), $0.063.
- Indicators:
- RSI (1D): ~45–50, neutral zone, bullish divergence.
- MACD: Bearish on daily, neutral on 4H, histogram narrowing.
- SMA: Price below 50-day ($0.04) and 200-day ($0.05), bearish trend.
- Volumes: $1.37–$42.48 million, change -7.3% to +15% (Binance: $1.66 million, Upbit: $20.4 million for SOPH/KRW). Spike to $20.78 million after listing (May 2025).
- Chart: Price is testing $0.03474–$0.03538. A break of $0.0408 could raise the price to $0.063; a break of $0.03017 would intensify the drop to $0.02. Use 4H/1D timeframes. Check TradingView (SOPH/USDT).
## Fundamental Factors
- Positive:
- Ecosystem: TVL $100–$150 million, 1 million wallets, integrations with Aethir, Zentry, Beam, Social Oracle.
- Innovations: zkSync Validium, Paymaster (gasless transactions), deflationary model (burning rewards).
- Partnerships: Binance Labs, OKX Ventures, $70 million investment.
- Market: Correlation with ETH (0.85) and ZK (0.70), bullish trend in Layer 2/AI (CAGR 45%).
- Community: Activity on X (@sophon, @DannyJa04901152, @SophonUpdates), strategic focus on Korea.
- Risks:
- Volatility: Drop of 68–69.08% from ATH, selling pressure after airdrop (900 million tokens).
- Competition: Starknet, Scroll, ZkSync in Layer 2.
- Tokenomics: 43% of tokens with team/investors (25% + 18%), centralization risk, slow product development (@R2D2zen).
- Liquidity: Volumes ($1.37–$42.48 million) lower than top tokens, Fear & Greed Index 25–54 (fear–neutral).
## Recommendations
- Traders: Buy when holding $0.034 (target $0.0408–$0.063, stop-loss $0.03017). Sell on break of $0.03017 (target $0.02). Use 4H/1D timeframes, monitor volumes and news on Social Oracle/Aethir.
- Investors: Growth potential is linked to Layer 2 and AI applications (CAGR 45%), but volatility, centralization risks, and slow product development require caution. Await news on TVL and new dApps.
- Monitoring: Follow X (@sophon, @SophonUpdates, @DannyJa04901152), TradingView (SOPH/USDT), CoinGecko, CoinMarketCap, Binance Square.
Contract: Ethereum: 0x6b7774cb12ed7573a7586e7d0e62a2a563ddd3f0.
Predictions for 2025 (from web sources):
- Bullish: $0.20–$0.30 (nftevening.com, @DannyJa04901152).
- Moderate: $0.10–$0.20 (CryptoNewsZ, CoinGecko).
- Bearish: $0.01–$0.03 (WalletInvestor).
Predictions for 2030:
- Bullish: $0.50–$1.00 (Changelly).
- Moderate: $0.20–$0.40 (CoinNewsZ).
- Bearish: $0.05–$0.10 (CoinCodex).