SOPHON Token Listing and 50x Leverage Futures Trading
Binance has listed the SOPHON (SOPH) token on its Alpha platform today at 13:00 UTC. Alongside this, SOPH/USDT futures contracts with 50x leverage launched at 13:30 UTC.
This move aims to provide users with simultaneous access to SOPHON’s spot and derivatives markets. Binance has also announced an airdrop event for SOPHON, where eligible users can participate using Alpha Points.
(Source: ainvest.com)
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🔹 2. Discontinuation of Futures NEXT Services
Binance has announced the gradual shutdown of its Futures NEXT services.
Starting today, May 28, 2025, users can no longer nominate new tokens, and no new rewards will be distributed for existing nominations.
All remaining picks will be returned to users’ USDⓈ-M Futures accounts by May 30, 2025.
(Source: binance.com)
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🔹 3. Significant Price Surge in TRB Token
Tellor Tributes (TRB) token has surged by 58% today, currently trading at approximately $51.50 USD.
Its 24-hour trading volume has surpassed $370 million, indicating growing market interest.
(Source: binance.com)
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🔹 4. Ethereum Price Poised for Potential Breakout
Ethereum (ETH) is approaching the $4,811.71 target level, and if it breaks out, it could potentially reach above $8,500.
The current price action indicates a possible bullish reversal.
(Source: binance.com)
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🔹 5. Notable Net Inflows in Bitcoin Spot ETFs
On May 27, 2025, Bitcoin Spot ETFs recorded a total net inflow of $385 million.
BlackRock's IBIT ETF had the highest net inflow of $409 million, while Ark Invest and 21Shares’ ARKB ETF saw a $38.335 million net outflow.
(Source: binance.com)