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Sophon, backed by Binance Labs, hits major exchanges today with a 900m token airdrop!

Sophon, backed by Binance Labs, hits major exchanges today with a 900m token airdrop!

Date: 2025-05-28 09:43:05 | By Eleanor Finch

SOPH Token Set to Explode onto Binance and Top Exchanges Today!

Hold onto your hats, crypto fans! The SOPH token from the entertainment-obsessed Layer 2 network Sophon is about to crash the party on Binance and other top-tier exchanges later today. Get ready for the ride of your life!

Binance dropped the bomb on May 28, confirming that SOPH will hit the trading scene on May 28, 2025, at 13:00 UTC. You heard it here first!

This isn't just any listing, folks. It's SOPH's grand entrance into the crypto world, happening right alongside Sophon's Token Generation Event (TGE) and a special spot on Binance Alpha. That's right, the exchange's early-access playground for the hottest and most promising Web3 projects is rolling out the red carpet for SOPH today!

But wait, there's more! Binance Alpha is throwing an exclusive airdrop party. You can snag SOPH tokens using your Alpha Points, Binance's way of rewarding early birds on their Alpha event page. The page and all the juicy details drop on the same day. Don't miss out!

Just half an hour later, Binance Futures jumps into the fray, adding SOPH to its platform. Derivative traders, get ready to go wild with up to 50x leverage. This is where the real action happens!

Sophon isn't messing around with its tokenomics either. They've laid it all out before hitting Binance Alpha, with a total supply capped at 10 billion SOPH tokens. And guess what? 17.5% of that is hitting the streets at launch. Cha-ching!

They're spreading the love with 9% of the supply, that's 900 million SOPH, for airdrops. L1 farmers, you're getting 600 million, and early supporters, you're not left out with 300 million. All these tokens are ready to party at the TGE, fully unlocked and ready to go!

Node operators are getting a sweet 20% of the supply, but they've got to wait three months before it starts trickling in weekly. The ecosystem reserve is grabbing 26% of the total, with 42% ready to roll at launch and the rest vesting over five years. Patience is a virtue, right?

Core contributors are in for 25% of the total SOPH, while seed investors get 18%. Both groups have to wait a year before they see any action, followed by a vesting period of two to three years. It's a marathon, not a sprint!

And let's not forget the 2% set aside for liquidity mining incentives. That's unlocking gradually over the year after the mainnet goes live. Keep your eyes peeled!

What is Sophon?

Sophon is the ultimate entertainment-focused Layer 2 blockchain, built using zkSync's Elastic Chain architecture. It was founded in 2024 by Sebastien, the former Head of DeFi at Matter Labs. This team is stacked with talent from Ava Labs, Token Terminal, and Matter Labs, bringing the best of blockchain and product development to the table.

Get ready for a network that's all about you, the consumer. Gaming, social media, AI, and entertainment - Sophon's got it all. And with Validium technology, transactions are faster and cheaper while staying tight with Ethereum. It's the best of both worlds!

At launch, SOPH is your key to covering gas fees and joining the governance party. But hold onto your seats, because the development team has big plans to add even more utilities as Sophon and its products grow. The future is bright!

Sophon's not just talk either. They've raked in over $70 million through venture capital and a node sale, with heavy hitters like YZi Labs (formerly Binance Labs) and Paper Ventures backing them up. This is the real deal, folks!

Disclaimer: This ain't investment advice, just some juicy info to get you pumped. Do your own research and stay crypto-savvy!

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