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Sonic Labs has recently announced a $1M buyback plan for its native $S token, as part of an intentional strategy to bolster their ecosystem and support continued growth. The buying back will take place on Binance, where purchased tokens are bought in portions and further sent to the campaigns for onboarding together with the exchange. … Read more
Sonic Labs, previously known as Fantom, has revealed a partnership with Redotpay Card, enabling users to spend its native S token and stablecoins like traditional debit or credit cards. S Token Gains Real-World Spending Utility Through Redotpay Card The card, functional wherever Apple Pay or Google Pay is accepted, aims to increase the everyday usability … Read more
Sonic Labs has more than doubled its bridged USDC.e supply in just one month. This signifies an evolution in the decentralized finance (DeFi) space—from platforms like Sonic Labs to DeFi users—to where platforms like Sonic Labs operate like more mainstream financial offerings. This is amazing for two reasons. First, the total supply of bridged USDC … Read more
The Sonic blockchain is a new, separate chain to the Fantom Opera network and users will soon be able to swap their FTM tokens for “S” tokens at a 1:1 ratio. Go to Source
While Cronje highlights concerns about L2 appchains, others argue that emerging solutions can address these challenges. Go to Source
Earlier this year, the blockchain project previously known as Fantom rebranded as Sonic Labs, generating significant buzz within the crypto community. Recently, Sonic Labs’ chief technology officer Andre Cronje showcased the network’s testnet performance, highlighting a transaction finality of 720 milliseconds. This achievement suggests the project could set a new standard as the fastest distributed … Read more
Fantom Foundation and Sonic Labs have announced a strategic partnership with Alchemy, a Web3 infrastructure provider. This collaboration aims to enhance the performance and scalability of both Opera and Sonic. Alchemy will contribute RPC support and key development tools to developers on Opera, and similar support will be extended to Sonic upon its launch later … Read more