Sophon Announces November 25 Withdrawal Deadline Ahead of Blockchain Shutdown
Sophon users must withdraw assets by November 25 before the blockchain shuts down on November 30.
Sophon users must withdraw assets by November 25 before the blockchain shuts down on November 30. This is an original Token Times brief synthesising 2 outlets (Cointelegraph, Crypto.news), plus live market data, as of Tue, 20 Oct 2026 10:00:01 UTC.
The shutdown highlights the challenges of maintaining standalone blockchains and underscores Sophon's strategic pivot towards consumer finance and AI on the Base network.
- Sophon blockchain to shut down permanently on November 30.
- Users must withdraw SOPH, ETH, USDC, and rewards by November 25.
- Sophon shifts focus to consumer finance and AI on Base network.
- Base TVL at $2.89B despite recent 4.2% decline.
Cointelegraph and Crypto.news both report that Sophon has set November 25 as the deadline for users to withdraw their assets, including SOPH, ETH, USDC, and rewards, before the blockchain's permanent shutdown on November 30. While both outlets highlight the withdrawal deadline and shutdown date, Crypto.news emphasizes the urgency by advising users to act early, while Cointelegraph provides additional context on Sophon's strategic shift to consumer finance and AI applications on the Base network.
Sophon has announced that its blockchain will permanently shut down on November 30, with users required to withdraw their assets by November 25. The decision comes after the developers concluded that the costs of maintaining a standalone blockchain outweighed its benefits.
The announcement follows Sophon's strategic pivot towards consumer finance and AI applications on the Base network. This move reflects a broader trend of projects seeking more cost-effective and scalable solutions by leveraging established blockchain infrastructures.
According to multiple outlets, users must withdraw their SOPH, ETH, USDC, and any rewards before the deadline to avoid losing their assets. The urgency of the situation is underscored by the impending shutdown, which leaves users with a limited window to act.
The decision to shut down the blockchain comes amid a challenging market environment for standalone blockchains. The move to Base, which currently has a Total Value Locked (TVL) of $2.89 billion despite a 7-day decline of 4.2%, suggests Sophon's confidence in the network's potential for growth and innovation.
In the broader market context, the total crypto market cap stands at $2.79 trillion, with 
Bitcoin experiencing a 1.56% decline over the past 24 hours. The Fear & Greed Index remains in 'Greed' territory at 55, indicating a cautious optimism among investors.
Figures and sectors in this story, checked live against on-chain aggregators · October 20, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Sophon Announces November 25 Withdrawal Deadline Ahead of Bl — questions & answers
What is the deadline for withdrawing assets from Sophon?
Users must withdraw their assets by November 25 before the blockchain shuts down on November 30.
Why is Sophon shutting down its blockchain?
Sophon is shutting down its blockchain because the costs of maintenance exceeded the benefits.
What is Sophon's new focus?
Sophon is shifting its focus to consumer finance and AI applications on the Base network.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Cointelegraph, Crypto.news, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.