Sophon

SOPH Price

What is Sophon?

Sophon is an innovative consumer entertainment platform dedicated to onboarding the next generation of crypto users through everyday useful products that monetize and reward the data we all naturally produce.
Built as a modular rollup powered by the ZK Stack, Sophon creates an intuitive ecosystem where users can engage with gaming, social, AI, prediction markets, and more without the typical complexities of blockchain technology. Through zkTLS technology, Sophon transforms everyday online activities into valuable assets that users can control and benefit from while maintaining privacy.
This consumer-focused platform bridges traditional applications and blockchain benefits, providing both a developer framework and a user hub for crypto-powered consumer experiences.

What is the project about?

Sophon differentiates itself through several key innovations:
User-Centric Design: Sophon prioritizes beautiful, simple, and accessible experiences, making blockchain technology invisible to end users while delivering its benefits.
Social Oracle: Leveraging zkTLS technology, Sophon's Social Oracle verifies and brings online achievements, reputation, and social influence onchain without revealing personal data. This transforms scattered social signals into collective intelligence that powers applications.
Native Account Abstraction: Users can sign up with familiar methods like Google or Apple accounts, creating self-custodial wallets in the background without the complexities of traditional crypto onboarding.
Gasless Experience: Through paymasters from the ZKsync codebase, Sophon offers a seamless platform that eliminates transaction fees for end users, significantly enhancing the overall experience.
Entertainment Focus: Rather than competing solely for existing crypto users, Sophon targets entertainment verticals that already have proven traction, including gaming, gambling, sports betting, ticketing, and consumer AI.

About the SOPH Token

The SOPH token serves as the foundation of the Sophon Network, playing essential roles in both current and future operations:
Gas Fee Payments: All transactions on the Sophon Network require gas paid in SOPH. However, thanks to native paymaster technology, end users don't necessarily need to hold SOPH themselves, as transactions can be subsidized by applications or the network.
Network Security: SOPH enables the decentralization of Sophon's sequencer through staking. This mechanism supports the cryptoeconomic security of the network while distributing rewards to participants.
Staking Rewards: Token holders can stake SOPH directly or delegate to Full Nodes (Guardian NFT holders with sufficient delegations). Stakers receive a portion of gas fees and potentially additional ecosystem rewards, with rewards compounding automatically.
Deflationary Model: SOPH staking utilises an inverse square root reward model, inspired by Ethereum, which means that a portion of rewards are unutilised when less than 100% of the total circulating supply is staked. These unutilised rewards are sent to a separate contract where they are either burnt or redistributed as rewards to users. With a portion of unutilized rewards being burned and no ability to mint new tokens, the supply gradually decreases over time.

SOPH Tokenomics

SOPH has a fixed total supply of 10,000,000,000 SOPH tokens. At TGE 2,000,000,000 tokens will be in circulation, with the remainder subject to vesting schedules.

Where can you buy Sophon?

SOPH tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Sophon is Bitget, where the most active trading pair SOPH/USDT has a trading volume of $296,065.10 in the last 24 hours. Other popular options include Binance and OKX.

What is the daily trading volume of Sophon (SOPH)?

The trading volume of Sophon (SOPH) is $4,384,276.08 in the last 24 hours, representing a -0.70% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Sophon (SOPH)?

Sophon (SOPH) reached an all-time high of $0.1108 and an all-time low of $0.001363. It’s now trading -98.70% below that peak and 3.10% above its lowest price.

What is the market cap of Sophon (SOPH)?

Market capitalization of Sophon (SOPH) is $7,012,751 and is ranked #1425 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of SOPH tokens (5 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Sophon (SOPH)?

The fully diluted valuation (FDV) of Sophon (SOPH) is $14,055,854. This is a statistical representation of the maximum market cap, assuming the maximum number of 10 Billion SOPH tokens are in circulation today. Depending on how the emission schedule of SOPH tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Sophon compare against its peers?

With a price decline of -28.20% in the last 7 days, Sophon (SOPH) is underperforming the global cryptocurrency market which is down -2.40%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are down -2.60%.

How to add Sophon (SOPH) to MetaMask?

Adding Sophon (SOPH) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import SOPH as a token. You can copy SOPH’s contract address (0x6b7774cb12ed7573a7586e7d0e62a2a563ddd3f0) and import it manually, or if you've installed MetaMask's chrome extension, add SOPH to MetaMask with one click on CoinGecko.

Add SOPH to MetaMask.