Sopon (SOPH), an Ethereum-based Layer 2 scaling network, will cease operations on November 30th. Users must withdraw all assets, including SOPH tokens, by November 25th. The SOPH token itself will remain despite the Sopon Chain's operational closure.

According to CoinMarketCap's page views, LIT ranked first globally, and NIL ranked first in Korea. Seven out of the top 10 global cryptocurrencies saw an increase, while the top 10 in Korea showed a different trend compared to the global market. LIT, POWR, and G garnered attention globally, while NIL, RLC, and ZAMA were frequently viewed in Korea.

In the cryptocurrency market, Iris (IRYS) saw an increase in price and trading volume amid observations of expanding buying interest. Meanwhile, Sophon (SOPH) and Moonbeam (GLMR) showed signs of increasing selling pressure with falling prices and rising trading volumes. The analysis presented weekly price and volume changes for long-term and newly accumulating assets.

Upbit's 24-hour trading volume has decreased by 28.3% compared to the previous day, reaching approximately $1.47 billion. Currently, the AXIS/KRW trading pair accounts for 12.1% of the total trading volume, making it the highest proportion and surpassing Bitcoin/KRW trading volume.

In CoinMarketCap's view count rankings, CAP took first place in both global and Korean markets. Globally, the second place was DODO and third was Kuant, while in Korea, SOPH was second and Akedo was third. CAP showed an upward trend with high interest in both markets.

IOST and AURORA are showing an expanding buying trend with simultaneous increases in price and trading volume. On the other hand, SOPH and SCR are experiencing increased sell-off pressure with rising trading volume despite price declines. Other coins are classified into buying fatigue, waning interest, or long-term/new accumulation phases based on changes in trading volume.

Sophon sets a Nov. 25 deadline for asset withdrawals before shutting down its Ethereum L2 mainnet. Users must move SOPH, ETH, USDC, and rewards to Base, where operations will continue. This follows similar L2 shutdowns.

Sophon has set November 25th as the deadline for asset withdrawals as it prepares to shut down its mainnet. This action follows the decision to abandon Ethereum Layer 2 and migrate to Base, and assets may become permanently inaccessible after the deadline.

Blockchain project Sophon (SOPH) will end its mainnet operations on November 30th. Users must transfer their assets to another chain via the bridge by November 25th.

Quai AI (Q) and Hive Dollar (HBD) have hit new record highs, while six other coins, including Sophon (SOPH), have reached new record lows. The top five market cap coins, including Bitcoin and Ethereum, remain significantly down from their all-time highs.

Upbit, South Korea's largest crypto exchange, will delist Zilliqa (ZIL) and Sophon (SOPH) on November 16, 2026. Hive Dollar (HBD) and District0x (DNT) are now trading caution items. XRP leads trading volume on Upbit, surpassing BTC and ETH.