Sophon is shutting down its zkSync L2 chain and pivoting to Soph+, a consumer product studio on Base, after raising $60 million through node sales. SOPHON token is down roughly 90% from TGE.

Sophon, which has raised $70 million in total funding, is shutting down its Layer 2 blockchain and moving to Base to build consumer apps.

London, United Kingdom, 25th June 2026, Chainwire