Binance to Support Sophon Altcoin on Binance Alpha Platform
- Binance will support Sophon (SOPH), an entertainment-focused altcoin, on its early-access platform, Binance Alpha.
- Sophon trading is set to begin on May 28, 2025, at 13:00 UTC.
- Binance Futures will launch a SOPHUSDT Perpetual Contract with up to 50x leverage at 13:30 UTC the same day.
- Sophon is a Validium-based Layer 2 solution aiming for high throughput and low transaction fees while ensuring Ethereum mainnet security.
- The native token SOPH will be used for gas fees and rewarding validators upon its upcoming launch.
Binance has announced that it will add support for the entertainment industry-focused altcoin Sophon (SOPH) on its Binance Alpha platform starting May 28, 2025. Trading of SOPHUSDT with up to 50x leverage is also planned for the same day.
Source (2.6)https://dailyhodl.com/2025/05/23/worlds-top-crypto-exchange-by-trading-volume-announces-upcoming-support-for-consumer-focused-altcoin-on-binance-alpha/?rand=59076
