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Sophon is built on Validium and integrated with ZK Stack, making it a powerful platform that eliminates various barriers for both users and developers, providing scalability, interoperability, and an excellent on-chain experience.

Gate Research Institute Weekly Report: This week, BTC traded within a narrow range, ETH/BTC showed minor fluctuations, and popular sectors (AI, Meme, DeFi) saw notable corrections. Falcon USDf supply exceeded $500 million. The SEC postponed approval for the SUI ETF. Circle’s IPO valuation reached $6.9 billion. Pump.fun is seeking $1 billion funding to become a unicorn, and the Gate Launchpool SOPH event remains ongoing.

Gate Research Daily Report: On June 3, BTC surged and then pulled back, suggesting short-term consolidation may continue. ETH ETF inflows remain strong, with the next key resistance around $2,700. Altcoins showed mixed performance, lacking a unified narrative. Pendle’s cumulative trading volume surpassed $50 billion, with TVL reaching $4.43 billion. Global public companies made a net purchase of $196 million in BTC last week, with MicroStrategy increasing holdings for the 8th consecutive week.

Sophon, a modular blockchain built on zkSync Hyperchain technology, focuses on entertainment, gaming, and AI. It aims to provide innovative solutions and transform how blockchain is applied in the entertainment industry. Sophon is a modular blockchain project based on zkSync Hyperchain technology, designed to offer innovative solutions in entertainment, gaming, and artificial intelligence. Sophon is changing how blockchain is used in entertainment through its unique technical framework and community-driven vision.

On June 4, BTC continued to trade within a narrow range, while ETH remained relatively resilient. Yesterday, ETH ETFs saw a net inflow of $109 million, bringing the total inflow over the past 12 trading days to $744 million. Altcoins showed mixed performance, lacking a unifying narrative. HYPE has surged 84.56% over the past month, now just shy of its all-time high in USD terms. Falcon Finance's stablecoin supply has surpassed $500 million, with a governance token potentially on the horizon.

Gate Research Daily Report: On May 30, Rain expanded stablecoin Visa cards to Solana, Tron, Stellar; Vance called stablecoins a pillar of U.S. diplomacy; ZBCN, DEXE, WHITE surged.

Understand the core concepts and Token distribution mechanism of the Sophon project, explore its ecological development potential and long-term value. This article provides a clear and understandable project overview and economic model analysis for novice users.

Sophon is a Validium Layer 2 network built on the zkSync Elastic Chain, dedicated to creating a Web3 consumption application ecosystem aimed at ordinary users, covering scenarios such as gaming, socializing, and AI.