๐ฑ Current SOPH Price & Market Data
1. Live Price: $0.0573โ$0.0574
2. 24-Hour Performance:
- Change: -17.5% to -17.8%
- Range: $0.0562โ$0.0703
3. All-Time High (ATH): $0.1108 (May 28, 2025) โ 48% below ATH .
4. Market Metrics:
- Market Cap: $114.5โ$115.1 million
- Fully Diluted Valuation (FDV): $572.5โ$575.4 million
- 24-Hour Volume: $357โ361 million (high liquidity) .
5. Supply:
- Circulating: 2 billion SOPH (20% of max supply)
- Total/Max Supply: 10 billion SOPH .
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๐ Project Overview: Sophon Network
Sophon is a consumer-focused Layer-2 blockchain built on ZK Stack (zkRollup tech). It targets mainstream adoption by simplifying blockchain for entertainment applications:
- Key Features:
- Social Oracle: Uses zkTLS to verify online achievements without compromising privacy .
- Gasless Transactions: Native paymasters absorb fees, enabling seamless user onboarding .
- Entertainment Verticals: Gaming, AI, prediction markets, and social apps .
- Funding: Raised $73 million ($10M seed + $63M node sale) .
๐ฐ Tokenomics of SOPH
Token Allocation :
| Category | Percentage | Tokens (Billions) |
| Ecosystem Reserve | 26% | 2.6
| Core Contributors | 25% | 2.5
| Node Rewards | 20% | 2.0
| Seed Investors | 18% | 1.8
| Initial Airdrop | 9% | 0.9 |
| Liquidity Mining | 2% | 0.2
Utility:
- Gas Fees: Paid in SOPH (though users experience gasless transactions via subsidies).
- Staking: Secures the network; rewards come from gas fees and burned unutilized tokens (deflationary) .
- Deflation: Unclaimed staking rewards are burned, reducing supply over time .
Concerns:
43% of tokens allocated to insiders (core team + investors) could lead to centralization risks .
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๐ Market Context & Comparisons
- Valuation at TGE (Token Generation Event):
- Projected FDV: $1.5Bโ$3.0B, implying a launch price of $0.15โ$0.30 .
- Current Status: Trading ~80% below the conservative TGE target ($0.057 vs. $0.15).
- vs. Competitors :
| Project | TGE FDV | Current FDV | Performance |
| Starknet | $19B | $1.6B | -97% drop |
| Scroll | $1.1B | $400M | -64% drop |
| Sophon | $1.5Bโ$3B | $575M | -48% from ATH |
- Recent Binance Airdrop Tokens: SOPH's FDV aligns with projects like Hyperlane ($280M) and StakeStone ($190M) .
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๐ฑ Exchange Listings & Trading
- Major Exchanges: Binance, OKX, KuCoin .
- New Trading Options:
- OKX added SOPH/USDT margin trading (June 4, 2025) .
- KuCoin enabled cross-margin trading for SOPH/USDT .
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๐ฎ Price Predictions & Outlook
- Short-Term (2025):
- Bearish Trend: Down 48% from ATH due to post-listing sell pressure .
- Stabilization Potential: If entertainment dApps gain traction, prices could rebound toward $0.10โ$0.15 .
- Long-Term:
- Bull Case: Adoption in gaming/AI could push FDV toward $3B ($0.30/SOPH) .
- Risks: High inflation from vesting unlocks (80% supply yet to circulate) .
โ ๏ธ Key Risks
1. Token Unlocks: 80% of supply (8B SOPH) will vest gradually, risking sell pressure .
2. Market Volatility: Highly sensitive to crypto market swings (e.g., -17% in 24 hours).
3. Adoption Dependency: Success hinges on user growth in entertainment dApps .
