Latest news with #Sophon
Cision Canada
27-05-2025
- Business
- Cision Canada
MEXC Announces the Listing of Sophon (SOPH) with $40,000 in SOPH and 50,000 USDT Prize Pool
VICTORIA, Seychelles, May 27, 2025 /CNW/ -- MEXC, a leading global cryptocurrency exchange, will list Sophon (SOPH) on May 28, 2025 (UTC).To celebrate the listing, MEXC is launching a special event for new and existing users, featuring a total prize pool of $40,000 in SOPH and 50,000 USDT. Sophon Network (SOPH) bridges the gap in blockchain mainstream adoption by delivering user-friendly blockchain applications that seamlessly integrate into everyday digital life. As the ecosystem matures, the project leverages Validium technology within the ZKsync Elastic Chain to offer high performance and a smooth user experience, two essentials for widespread adoption. SOPH is the native utility token of the Sophon Network ecosystem, used for gas fee payments and rewarding node operators. With a fixed total supply of 10 billion tokens, SOPH forms the core economic model of the platform, enabling users to engage with a variety of consumer-focused blockchain applications. The Sophon (SOPH) Airdrop+ event runs from May 27, 2025, 11:00 (UTC) to June 6, 2025, 11:00 (UTC) and includes the following benefits: Benefit 1: New users who deposit SOPH will share $30,000 in SOPH. Benefit 2: All users can participate in the Futures Challenge to share 50,000 USDT in Futures bonuses. Benefit 3: All users can invite new users to share $10,000 in SOPH. MEXC has established itself as an industry leader by consistently providing users with early access to promising crypto projects. According to the latest TokenInsight report, MEXC led the industry with an impressive 461 spot listings. During each bi-weekly period, MEXC maintained a high listing frequency, consistently ranking among the top six exchanges and demonstrating its ability to capture market trends quickly. To date, MEXC has listed more than 3,000 digital assets. MEXC will maintain its industry-leading listing efficiency, innovate, and expand its offerings, ensuring users can access the best opportunities in the ever-evolving crypto landscape. For full event details and participation rules, please visit here. About MEXC Founded in 2018, MEXC is committed to being "Your Easiest Way to Crypto." Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding. The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.
Business Mayor
24-05-2025
- Business
- Business Mayor
World's Top Crypto Exchange by Trading Volume Announces Upcoming Support for Consumer-Focused Altcoin on Binance Alpha
The world's largest crypto exchange by trading volume is announcing upcoming support for an entertainment altcoin on its early-access platform. In a new announcement, Binance says it's adding support for Sophon (SOPH), an interoperable layer-2 scaling solution made for the entertainment industry, on Binance Alpha, a feature of the Binance Wallet which launched in December 2024 that lets users discover emerging web3 projects before they gain mainstream popularity. 'Binance is excited to announce that Sophon (SOPH) will open for trading on Binance Alpha starting 2025-05-28 13:00 (UTC). In addition, Binance Futures will launch SOPHUSDT Perpetual Contract with up to 50x leverage at 2025-05-28 13:30 (UTC).' Sophon aims to create mainstream uses for blockchain technology by integrating it into everyday events, such as gaming. 'Sophon is an innovative ZK (zero-knowledge) chain built on the ZKsync Elastic Chain vision, designed to become the hub of consumer crypto by creating engaging, accessible, and widely-used applications that extend beyond the existing crypto-native audience. As a Validium-based Layer 2 solution, Sophon leverages advanced blockchain technology to offer higher throughput, low transaction fees, and seamless interoperability with other ZK chains, all while maintaining the security of the Ethereum mainnet.' Zero-knowledge proofs allow one party to prove that a cryptographic statement is true without disclosing any additional information. SOPH, the project's native token used to pay gas fees and reward validators, has yet to launch but is slated to debut next week. Follow us on X, Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action
