The world’s largest crypto exchange by trading volume announces upcoming support for entertainment Altcoin on early access platforms.
In a new announcement, Binance says it is adding support to Sophon (Soph), an interoperable layer 2 scaling solution created for the entertainment industry with its Binance Alpha, a distinctive Binance Wallet launch in December 2024.
“Binance is excited to announce that Sophon (Soph) will open for trading on Binance Alpha from 13:00 PM on 2025-05-28 (UTC). Additionally, Binance Futures will begin a permanent SophUSDT contract with up to 50x leverage on 2025-05-28 13:30 PM on 2025-05-28 (UTC).”
Sophon aims to create mainstream use of blockchain technology by integrating it into everyday events such as games.
“Sophon is an innovative ZK (Zero-Knowledge) chain built on Zksync Elastic Chain Vision, designed to be a hub for consumer cryptography by creating attractive, accessible and widely used applications beyond existing cryptographic audiences.
As an effective layer 2 solution, Sophon leverages advanced blockchain technology to provide throughput with other ZK chains, low transaction fees and seamless interoperability while maintaining the security of your Ethereum mainnet. ”
Proof of Zero Knowledge allows one party to prove that an encrypted statement is true without disclosing any additional information.
Soph, the project’s native token, had paid a gas fee and compensation verifier, but although it hasn’t been released yet, it is scheduled to debut next week.
