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Reading: Binance will support the new Altcoin focused on the entertainment sector on the Alpha platform
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EdaFace Newsfeed > Latest News > Altcoin News > Binance will support the new Altcoin focused on the entertainment sector on the Alpha platform
Altcoin News

Binance will support the new Altcoin focused on the entertainment sector on the Alpha platform

vitalclick
Last updated: May 24, 2025 8:25 am
2 days ago
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Contents
Soph will be listed in Binance AlphaSophon’s Place in Blokzincir TechnologySoph Token and Usage Areas

Binance, the largest crypto currency exchange compared to the world’s transaction volume, announced that it will provide support for an early access platform for a new Altcoin focusing on the entertainment industry. According to Binance’s official statement, this new digital asset, Sophon (Soph), will be listed in Binance Alpha, which enables users to explore web3 projects before widespread. The development is considered as an indicator of the platform’s support for innovative blockzincir projects in the future.

Soph will be listed in Binance Alpha

It was announced that Binance decided to support Sophon and that the relevant asset would be opened on 28 May 2025 in Binance Alpha. Binance Alpha is described as a platform that was introduced in December 2024 and allows users to examine new web3 projects before they are opened to traditional markets.

In a statement made by the stock market, the Soph/USDT parity in Binance Futures on the same date will be initiated continuous contract transactions and processors will be offered up to 50 times leverage. This step shows that the project will be included not only on the spot market, but also on the futures side.

Binance: “Binance is excited to announce that trade will begin in Binance Alpha for Sophon (Soph) at 28 May 2025 at 13:00 (UTC).

Sophon’s Place in Blokzincir Technology

Sophon stands out as a Layer-2 solution that aims to integrate blocky-based applications into daily events such as entertainment and games. With an innovative zero evidence (zero-knowledge proof) based infrastructure, Sophon draws attention with its inspiration from the vision of ZKSYNC Elastic Chain.

The technical structure of the project is designed as the Validium-based layer-2 solution. In this way, Ethereum $2,665.93 While maintaining the safety of the main chain, the transaction volume and yield is increased and the transaction fees are kept low. In addition, easy integration with other ZK -based blockages aims to provide more flexibility to the user.

Sophon Team: “Sophon is an innovative ZK network built in line with the vision of ZKSYNC Elastic Chain.

Soph Token and Usage Areas

SOPH comes to the forefront as the local tokene of the project and aims to pay the processing fees on the network and to be used in rewarding the verifiers. Soph token, which has not yet been released, will be available next week. Thus, the transactions to be performed through Sophon can now be met with the main token.

With this development, it is aimed to make a significant contribution to Sophon’s use of blockzincir technology more widespread in daily life. The integration of blockzincin, especially in the game and entertainment sector, is seen as the potential to increase both user experience and technological progress in the sector.

Early access projects and new technologies in the crypto currency market help to grow the ecosystem and to provide different opportunities to investors. The steps taken by Binance in this field can facilitate the reach of innovative projects in the sector to a wider audience, thus leading to the spread of new areas of use of the block.

The zero evidence of the Sophon project increases the transaction safety, while providing advantages to the user such as data privacy and quick trading approval. With this technology, the accuracy of a cryptographic process can be proved without extra information sharing, which is particularly important in maintaining user privacy.

Early access support of the developed infrastructure and Binance can increase the interest in the project. The widespread of bloczincir integration in the entertainment sector offers important opportunities for both developers and users. Users can experience projects before they become widespread and get the chance to be part of innovative Blockchain applications.

Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

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