SoPay Price

SoPay is a cryptocurrency token built on the Ethereum blockchain. It aims to provide a convenient and user-friendly digital payment solution. Key features of SOP include: - Fast transactions: Payments can be completed in seconds - Low fees: Zero fees for users on the SoPay platform - Easy to use: Simple interface similar to popular payment apps - Developer-friendly: Quick integration for app developers without blockchain expertise SOP tokens have utility within the SoPay ecosystem, including: - Paying transaction fees - Covering API usage costs - Staking as collateral - Participating in token issuance mechanisms As of 2025-07-20, SOP is ranked #6055 by market cap at $0.00001179. It has a 24-hour trading volume of $72.77K and a circulating supply of 3.72B SOP. The total supply is capped at 4.5B SOP. Looking ahead, SoPay aims to expand its payment network and increase adoption. Price predictions suggest SOP could reach $0.0000125 by 2026 and $0.00002161 by 2030 as the project develops further.

SoPay was created on July 18, 2018. It was launched as an ERC-20 token on the Ethereum blockchain, aiming to provide a more convenient and better user experience for cryptocurrency transactions. The project's goal was to enable fast and easy digital currency payments through a mobile application, similar to traditional payment apps but with the benefits of blockchain technology. Since its creation, SoPay has been working towards building a decentralized payment ecosystem that supports various cryptocurrencies and offers features like zero fees for users and instant transactions.

The founders of SoPay are not publicly disclosed. SoPay was launched as a decentralized cryptocurrency project focused on providing convenient digital payments. While the exact founding team remains anonymous, the project was developed by a group of blockchain and fintech experts aiming to create an easy-to-use cryptocurrency payment system. SoPay went live in July 2018 on the Ethereum blockchain as an ERC-20 token. The project's whitepaper and technical documentation were released prior to launch, outlining the vision and technology behind SoPay's digital payment ecosystem.

SoPay works as a decentralized digital payment platform built on the Ethereum blockchain. Here's how it operates: 1. Users can send and receive SOP tokens quickly and easily through the SoPay mobile app using just a phone number or user ID. 2. Transactions are processed within seconds and received funds can be used immediately. 3. The SoPay ecosystem includes: - SoAPI: For integrating SOP payments into apps - SoChain: The underlying blockchain infrastructure - SoLightning Network: For fast, low-cost transactions - SoPay App: The user-facing mobile wallet 4. SOP tokens are used within the ecosystem for: - Paying transaction fees - API call costs - Staking as collateral - Participating in token issuance mechanisms 5. The platform aims to make cryptocurrency payments as simple as using traditional payment apps, while maintaining decentralization and user privacy. With a current price of $0.00001179 and 24-hour trading volume of $72.77K, SoPay continues to develop its payment infrastructure to drive mainstream crypto adoption.

SoPay utilizes a hybrid architecture combining blockchain and traditional payment systems. Its core components include: 1. Blockchain Layer: Built on Ethereum, leveraging smart contracts for secure transactions and token management. 2. Payment Gateway: Facilitates seamless integration with various cryptocurrencies and fiat currencies. 3. Lightning Network: Implements off-chain scaling solution for faster and cheaper transactions. 4. API Infrastructure: Allows easy integration for developers, supporting quick implementation within 6 days. 5. Mobile Wallet: User-friendly application for sending/receiving payments using phone numbers or user IDs. 6. Decentralized Backend: Ensures user privacy and data security. 7. Cross-chain Interoperability: Enables transactions across different blockchain networks. This architecture allows SoPay to offer features like zero fees for users, instant transactions, and support for multiple cryptocurrencies, positioning it as an innovative solution in the digital payment ecosystem.

The future and roadmap of SoPay (SOP) look promising. The project aims to continue enhancing its digital payment ecosystem and blockchain technology platform. Key focus areas include: 1. Expanding support for more cryptocurrencies and improving transaction speeds. 2. Enhancing developer tools and APIs to make integration even easier. 3. Launching new features like cross-chain transfers and smart contract functionality. 4. Growing the user base and merchant adoption globally. 5. Strengthening partnerships with major players in the crypto and fintech industries. 6. Ongoing improvements to security and scalability of the SoPay network. The team has set ambitious goals for 2025-2030, including: - 2026: Launch of SoPay 2.0 with upgraded protocol - 2027: Integration with 100+ major e-commerce platforms - 2030: Reach 10 million active users worldwide While exact price predictions are challenging, some analysts project SOP could reach $0.0000125 by 2026 and potentially $0.00002161 by 2030 if development and adoption goals are met. However, investors should always conduct their own research.