🔥💥The latest updates on Sophon ($SOPH) as of late May 2025 are:🔥💥
$SOPH was officially listed on major exchanges including Binance, HTX, MEXC, and BitMEX between May 27-29, 2025. Binance started trading $SOPH on May 28 at 13:00 UTC with an accompanying airdrop event for eligible BNB holders.
BitMEX launched SOPHUSDT perpetual swap trading with up to 50x leverage on May 29, 2025.
The SophiaVerse SAIL Alpha game test launched on May 30, giving early access to certain module holders and $SOPH holders shortly after, potentially increasing token demand.
Sophon completed its Token Generation Event (TGE) on May 28, revealing tokenomics with 57% allocated to the community, 25% to core contributors, and 18% to seed investors. The total token supply is 10 billion SOPH, with a circulating supply initially around 2 billion. The project raised $10 million in a seed round earlier in 2025.
Price-wise, SOPH opened trading around $0.06 but has seen volatility, with some sources noting a significant drop recently. Analysts expect a launch price in the $0.10-$0.30 range based on comparable Layer-2 projects.
The project focuses on consumer-oriented Layer-2 blockchain solutions for gaming, AI agents, and prediction markets, aiming for mainstream Web3 adoption with backing from Binance Labs and OKX Ventures..
In summary, SOPHhas just launched on multiple exchanges with active trading, airdrops, and new ecosystem developments like SophiaVerse Alpha, marking a key phase for its market presence and adoption.
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