Sophon is shutting down its Layer 2 blockchain and migrating to Base after raising $70 million in total funding.
According to NS3.AI, Sophon contributor Seb said maintaining the chain cost about $3.4 million per year.
Seb said sunsetting the chain is expected to reduce Sophon’s annual burn by an estimated $3 million.
Sophon Shuts Down Layer 2 Chain and Moves to Base After Raising $70 Million
2026-06-25 17:29:18
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