Binance Lists Sophon on Alpha, Launches Futures Trading – Coincu

Binance announced Sophon (SOPH) will commence trading on Binance Alpha on May 28, 2025, at 21:00 UTC+8. The SOPHON futures contract, allowing up to 50x leverage, will launch at 21:30 UTC+8 the same day. This listing aligns with Binance’s trend of supporting emerging digital assets, potentially attracting heightened market activity.

The listing of Sophon on Binance is accompanied by the launch of a SOPHON/USDT perpetual contract on Binance Futures, providing users with up to 50x leverage. The action marks yet another initiative by Binance to introduce promising blockchain projects on its platforms, enhancing traders’ access to new digital assets.

Binance Unveils Sophon Futures with 50x Leverage

The listing of Sophon on Binance is accompanied by the launch of a SOPHON/USDT perpetual contract on Binance Futures, providing users with up to 50x leverage. The action marks yet another initiative by Binance to introduce promising blockchain projects on its platforms, enhancing traders’ access to new digital assets.

Changes expected in trading dynamics include increased market attention and capital flow towards the Sophon ecosystem. As traders respond, significant volatility and speculative activities may shape the immediate market landscape, while the trading volume is predicted to surge.

“Binance is excited to announce that trading for Sophon (SOPH) will begin on Binance Alpha at 13:00 UTC on May 28, 2025. Additionally, Binance Futures will launch the SOPHUSDT Perpetual Contract with up to 50x leverage the same day at 13:30 UTC.”

Industry reactions have been positive, with Binance stating their excitement about the upcoming asset listings. No explicit reactions or statements have been identified from key financial leaders or authorities at this stage; however, the community anticipates active participation in this upcoming launch.

Sophon Market Insight: Volatility Expected Amid New Listings

Did you know? Binance’s strategic introduction of futures contracts for newly listed tokens often leads to significant early trading volumes and heightened market volatility, reflecting traders’ speculative practices within crypto ecosystems.

SophiaVerse (SOPH) reports a fully diluted market cap of $4.93 million with no circulating supply, as per CoinMarketCap data. Recent price movements reveal a 24-hour drop of 4.29%, contrasted by a 16.23% surge over the past 30 days. Trading volume has declined, showing a change of -63.05%.

Insights from Coincu’s research team suggest that despite the current volatile market conditions, SophiaVerse’s integration with zkSync technology positions it favorably within the Layer 2 landscape. As Binance customers gain interest, the adoption of SOPH could lead to increased trading frequency and liquidity shifts across the ecosystem.