Sophon Crypto Price Surge: What Drove This 15% $SOPH Rally Today?

Sophon Crypto Price Surge 15% After Bithumb Listing: 0.08 Next Target?

The Sophon crypto price surge is the hottest topic in the market today. At the time of writing, it is up more than 15%, trading around $0.06745 with a massive 24-hour volume of $702.73 million, as per CoinMarketCap chart analysis. 

This jump comes after a tough start—since going live on May 28, the token had dropped over 21%. But today, that trend flipped.

So, why did SOPH token price increase so sharply? Let’s explore the top reasons behind this exciting move and what could happen next.

5 Reasons Behind the Sophon Crypto Price Surge

1. Security Partnership Announced

The official team on X handle shared news of its partnership with Octane Security for the its Canvas program, a move that boosts investor confidence.

2. Sophon Listed on Bithumb

According to Sophon latest news today, it is now listed on Bithumb today, one of South Korea’s top crypto exchanges. A new listing often leads to big price movements—and that’s exactly what we saw.

Source: Bithumb X Account

3. New Game Launch

The team behind just launched Rage Roads V1.0, a new game built on the official platform. This is a big step because it gives real use to the SOPH token and makes the whole project more useful.

4. Massive Volume Spike

Today, over 418,000 SOPH tokens were traded. This shows that a lot of people are buying and selling this coin. When more people buy, the price usually goes up faster.

5. Technical Breakout

This token price surged over a strong line called the $0.060 resistance level. This move brought in more traders who look at charts. Also, indicators like MACD and RSI confirmed that the price could still go higher.

Technical Analysis: Can SOPH Go Higher?

Sophon SOPH/USDT chart from TradingView, as seen on the OKX exchange in 5 Days timeframe:

Source: TradingView

• MACD: Shows bullish crossover, hinting at continued upward strength.

• RSI: Around 38.70 — still in safe zone, no overbought signal.

• Support: $0.060 (past resistance, now a strong floor)

• Resistance: $0.073 (the next barrier to break)

Sophon Crypto Price Prediction: Short-Term Outlook

based on how the chart looks right now on TradingView and the latest price action:

• If the value stays above $0.065, it can slowly move up toward $0.073 to $0.075. That’s the next nearest target.
  

• If it breaks above $0.075 with strong volume, we could see a quick jump to around $0.080, where the next big resistance is.
  

• But if the price drops below $0.060, the chart may turn bearish, and it might fall back to $0.055 as the next support.
  

In my opinion, these are reasonable zones to watch closely. The market is reacting to news and chart signals together. Right now, momentum looks good, but buyers need to hold key levels. As always, do your own research and don’t rush into trades without a plan.

Conclusion: Is This Price Surge Just the Start?

The Sophon crypto price surge today, and it’s not just random hype. There are real reasons behind it—like a new exchange listing, a new game launch, a trusted security partner, and increase in trading activity. Because of all this, many traders are now watching SOPH again.

If the price goes above $0.073, it could even move up to $0.080 soon. But remember, cryptocurrency prices can change quickly. So, follow this analysis, stay updated with the latest news today.