Sophon sets Nov. 25 withdrawal deadline ahead of mainnet shutdown

Sophon has set a Nov. 25 withdrawal deadline for users ahead of shutting down its standalone blockchain. The project's developers said in June that maintaining a dedicated chain no longer justified the costs and will instead focus on consumer finance and AI applications on Base. The wind-down forces users to move assets off the network by the deadline, a modest negative for holders but with limited broader market impact given the project's small footprint.