OKX and ChainCatcher Unveil SOPH Spot Trading Plans for 2025 – Coincu

OKX has partnered with ChainCatcher to announce the upcoming launch of Sophon (SOPH) spot trading on their platform. The trading will commence on May 28, 2025.

This event signifies a significant step forward for the Sophon Network, which aims to enhance crypto adoption in mainstream sectors, leveraging zero-knowledge technology.

Sophon Network to Launch Mainnet by December 2024

The Sophon Network is set to deploy its mainnet before December 2024, aligning with its long-term roadmap. The SOPH token, essential for network operations, will become tradable on May 28, 2025. OKX and Binance Alpha will list the SOPH token for spot and perpetual trading, supporting leverage up to 50x. According to a Binance Official Representative, “Binance is excited to announce that Sophon (SOPH) will open for trading on Binance Alpha starting 2025-05-28 13:00 (UTC). In addition, Binance Futures will launch SOPHUSDT Perpetual Contract with up to 50x leverage at 2025-05-28 13:30 (UTC).”

Price dynamics and trading volumes are expected to vary as SOPH joins the market, possibly affecting related ZK-chain assets. Early indications point to increased liquidity needs and potential short-term spikes in ETH trading volumes, given its role as the layer 1 settlement layer.

The SOPH token will be issued in May, and information on tokenomics, community distribution, and more will be shared soon.

SOPH Token Launch to Drive Zero-Knowledge Tech Interest

Did you know? Past Layer 2 launches like Starknet typically show initial liquidity spikes, benefiting related assets.

According to CoinMarketCap, as of 23:22 UTC on May 24, 2025, SOPH displays no circulating supply or market cap, though its fully diluted market cap stands at $4.71 million. The 24-hour trading volume decreased by 70.31%. Prices shifted by -4.73% over 24 hours and experienced a 25.06% drop over 90 days.

Coincu’s research team expects SOPH’s trading debut to foster greater interest in zero-knowledge applications. While technical integration is already completed, regulatory clarity remains crucial for smooth asset listings. Experts anticipate increased market engagement and strategic partnerships as the trading activities develop further.