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Cryptocurrencies: 23920
Exchanges: 115
Market Cap: $$4.22T
24h Vol: $142.25B
Dominance: BTC: 58.9% ETH: 13.4%
ETH Gas: 29 Gwei
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SOPHON is the "ARC-20 Inscription Concept Coin" deployed on the Bitcoin main network. The ARC-20 token standard is provided by the Atomicals protocol and is minted and transmitted based on BTC-based UTXO. Its basic unit "atom" is composed of the smallest unit of Bitcoin, which means that the ARC-20 token of each unit is always supported by 1 sat, that is, 1 Token = 1 sat. At the same time, ARC-20 is also the first token protocol to mint inscriptions through POW, which means that participants can directly mine inscriptions/NFTs like in the past.