Sophon

Upbit

2026-09-22 06:13:33

Upbit flags Sophon as a trading caution item and suspends deposits

South Korean crypto exchange Upbit said it has designated Sophon (SOPH) as a trading caution item on its KRW, BTC, and USDT markets, while also suspending related deposit services. The notice was posted by Upbit and referenced by its official account, @Official_Upbit. According to the source text, this type of action usually signals that an exchange has issued a risk warning around a project. The concerns may involve liquidity, compliance, or issues related to the project itself. No additional details were disclosed in the brief notice provided in the digest. The update centers on SOPH trading pairs listed against KRW, BTC, and USDT, and only mentions the suspension of deposits tied to the measure.

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Binance

2026-08-14 07:02:53

Binance to end SOPH deposits and withdrawals via BNB Smart Chain on Aug. 21

Binance said it will stop supporting deposits and withdrawals for Sophon (SOPH) through BNB Smart Chain starting at 08:00 UTC on Aug. 21. The change applies to that specific network route for the token. Users will still be able to deposit or withdraw SOPH through other networks that remain supported on Binance. The notice was reported by BlockBeats on Aug. 14.

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Binance

2026-08-14 07:00:47

Binance to End SOPH Deposits and Withdrawals on BNB Smart Chain on Aug. 21, 2026

Binance said it will stop supporting deposits and withdrawals for Sophon (SOPH) over the BNB Smart Chain network at 16:00 UTC+8 on Aug. 21, 2026, according to an official announcement cited by Odaily. After that time, any SOPH deposits sent through that network will not be credited to user accounts and could result in asset loss. Binance added that users will still be able to deposit and withdraw SOPH through other networks supported on the platform. The notice only applies to the BNB Smart Chain route mentioned in the announcement.

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Arbitrum

2026-08-14 04:55:19

Arbitrum, Polygon and MegaETH push beyond blockspace as chains hunt for app-level revenue

Selling blockspace is no longer a strong standalone business for blockchain networks, according to a new analysis from Castle Labs Research translated by TechFlow and published by MarsBit. As infrastructure gets cheaper and more interchangeable, the gap between application fees and chain-level fees keeps widening, leaving many networks with growing usage but weaker direct revenue capture. The report groups recent responses into two tracks. One is ecosystem expansion, where chains such as Arbitrum and Polygon try to earn more through infrastructure distribution, payments, and revenue-sharing arrangements. The other is product expansion, where networks such as MegaETH and Sophon move closer to the application layer and try to internalize value that would otherwise accrue to third-party builders. The piece highlights Arbitrum Stack’s revenue share from Robinhood’s L2, Timeboost’s treasury contribution, Polygon’s role in stablecoin payments, MegaETH’s first-party app strategy and USDm stablecoin model, and Sophon’s shift away from operating its own chain. The broader argument is that chains are no longer content to remain neutral infrastructure providers. More of them are trying to become ecosystem operators, application owners, or both, as they search for revenue models that can better support token value and long-term sustainability.

1380

Binance

2026-07-28 03:34:49

Binance to End Support for Sophon Mainnet Transfers, Move SOPH to ERC-20

Binance said it will stop supporting deposits and withdrawals on the Sophon (SOPH) mainnet and will make transfers available through the Ethereum ERC-20 network instead. According to the exchange’s announcement, Sophon mainnet deposit and withdrawal services will be suspended starting at 08:00 UTC on Aug. 4, 2026. After the migration is completed, the Sophon mainnet will no longer be used for deposits or withdrawals on Binance. The exchange said the token migration will be carried out at a 1:1 ratio from the Sophon mainnet to Ethereum (ERC-20). Binance will handle the technical work required for the transition, so users will not need to take manual action. It also said users should pay attention to later updates regarding network choices for deposits and withdrawals. Binance added that the change will not affect spot trading, margin trading, futures trading, or Binance Earn services related to SOPH.

1810

Sophon

2026-07-22 12:40:13

Sophon Shuts Down Its L2, Moves to Base, and Ties SOPH Burns to Pyre Revenue

Sophon will wind down its zkSync-based Layer 2 and migrate to Base, with Pyre as the first app. SOPH utility will shift from gas and staking to a revenue-funded buyback and burn model.

910

Sophon

2026-07-08 08:56:21

Sophon Token Deep Dive: How zkSync Validium L2 Is Reshaping the Entertainment dApp Landscape

Sophon is a next-gen Layer-2 blockchain built with zkSync Validium, focusing on consumer and entertainment dApps. This article explores its native SOPH token's utilities, tokenomics, acquisition methods, and market outlook, with the current price down over 92% from ATH.

540

Sophon

2026-07-08 08:51:11

SOPH Token Plunges 92%: A Deep Dive into the zkSync Validium Layer-2 Project Sophon

Sophon Network's native token SOPH has dropped over 92% from its all-time high of $0.11. This article explores the project's Validium architecture, tokenomics, market outlook, and potential catalysts for recovery.

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