Sophon Users Must Withdraw Funds by Nov. 25 Before Shutdown

WHO:

Bitcoinist - Sophon warned users with remaining assets on its standalone chain to withdraw them.

Cointelegraph - Sophon’s developers announced plans to focus on consumer finance and AI applications on Base.

WHAT:

Bitcoinist - Sophon set a November 25 deadline for users to withdraw remaining assets before the planned shutdown of its standalone chain.

Bitcoinist - Sophon’s standalone chain is planned to shut down at the end of the month.

WHERE:

Cointelegraph - Sophon’s planned consumer finance and AI applications will be focused on Base.

WHEN:

Bitcoinist - The withdrawal deadline is November 25; the standalone chain shutdown is planned for the end of the month.

Cointelegraph - Sophon’s developers announced the plans in June.

WHY:

Cointelegraph - Sophon’s developers said the costs of maintaining a standalone blockchain no longer justified its benefits.

HOW:

Bitcoinist - Users were told to move their tokens and claim their rewards before the shutdown.

(UPDATED October 21, 2026 00:39 UTC)

Sophon is planning to shut down its standalone blockchain at the end of the month, and it has urged users to move their tokens and claim rewards before the November 25 withdrawal deadline. Developers said the cost of maintaining the chain no longer justified the benefits. Announced in June, Sophon’s plans shift its focus to consumer finance and AI applications on Base.