Binance, the world’s biggest crypto exchange, is adding a new altcoin called Sophon (SOPH) to its Binance Alpha platform. This early-access platform lets users check out new Web3 projects before they become widely known.
Sophon: Gaming and Beyond
Sophon is designed to make blockchain technology more user-friendly, focusing on everyday applications like gaming. It’s a layer-2 scaling solution built using zero-knowledge (ZK) technology, promising faster transactions and lower fees while maintaining Ethereum’s security. Think of it as a faster, cheaper way to use blockchain for entertainment.
Launch Details
SOPH trading on Binance Alpha starts May 28th, 2025, at 1:00 PM UTC. Binance Futures will also offer SOPHUSDT perpetual contracts with up to 50x leverage, starting at 1:30 PM UTC the same day. The SOPH token itself will debut soon.
What is Zero-Knowledge Technology?
Zero-knowledge proofs let you verify information without revealing sensitive details. In Sophon’s case, this helps keep transactions secure and private.
Disclaimer: This information is for general knowledge only and is not financial advice. Always do your own research before investing in cryptocurrencies.
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