Sophon Token Jumps 40% After Bithumb Exchange Listing and Strategic Web3 Moves
Sophon (SOPH), the native token of an entertainment-focused LAYER 2 network, surged over 40% to an intraday high of $0.072 following its listing on South Korea’s leading exchange, Bithumb. Trading volume skyrocketed 236% as the token’s market cap hit $138.5 million.
The listing coincides with key partnerships, including a collaboration with NFT launchpad Mintify to release exclusive collections. A $4 million developer grant program aims to accelerate ecosystem growth, boosting Optimism about SOPH’s long-term utility in Web3 entertainment.