Sophon SOPH Surges After Launch and Listing: What’s Driving Prices?

Sophon SOPH skyrockets 10X after launch and token listing on OKX and Binance. The Ethereum layer-2 wants to be the go-to platform for entertainment dapps and is simplifying onboarding.

While everyone is watching Bitcoin, Solana, BNB, and some of the best cryptos to buy in June, Sophon is making remarkable moves.

Coincidentally, the Sophon rally is when the total crypto market is down 1.3% to $3.4 trillion at press time, with meme coins like Dogecoin falling.

DISCOVER: Top Solana Meme Coins to Buy in June 2025 

SOPH Up 10X After Listing

SOPH, the native token, is up nearly 10X at press time, outperforming even some of the best Solana meme coins.

The rapid expansion seen on May 28 has yet to be confirmed. Currently, the token is moving sideways.

Although bulls are optimistic, the local resistance is at $0.07. It must be decisively broken for buyers to confirm gains from late last month.

On the lower end, primary support is at $0.048. For the upside to continue, Sophon bulls must defend this level.

If not, prices could drop by over 50%, reversing the gains of May 28.

DISCOVER: Best New Cryptocurrencies To Invest In 2025

What Is Sophon?

It is an Ethereum layer-2 solution built using zkSync tech, adopting the Elastic Chain architecture.

Its goal is to bridge web2 and web3 experiences while tapping into the vast Ethereum ecosystem.

E123: @Sophon: The Crypto Social Oracle is here!

This conversation is perfectly timed with the Sophon token launch that happened yesterday – join me & @0xsebastiena as we go deep into:

– Monetizing attention & decoding the Social Oracle
– ADHD as a superpower for building epic… pic.twitter.com/jC4UrLP73Q

— MR SHIFT

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