After leaving Fantom, Sonic’s total value locked (TVL) has attracted notable investor interest and raised an astounding $253 million. Reflecting great involvement with the newly branded blockchain, this represents a 66% rise from just 12 days before.
For its native token, S, the increase in TVL has not, however, resulted in benefits. Over 41% of the token’s value was lost in January, indicating a clear drop. Currently selling at about $0.43, its performance stands out greatly against the growing platform acceptance.
Sonic’s Edge in Technology
Claiming to be the quickest Ethereum Virtual Machine (EVM) chain and attaining a rapid transaction finality of 720 milliseconds, Sonic distinguishes itself. Unlike many other blockchain systems, its finality guarantees that transactions become permanent very immediately.
The project made news in September 2024 when its testnet showed this ultra-fast finality. Should Sonic be able to repeat this performance on its mainnet, it might become known for blockchain speed and efficiency
Tokenomics and Strategic Supply Models
After branding, Sonic unveiled a disciplined tokenomics concept meant for long-term expansion. Having 3.175 billion tokens overall, the network has taken an inflationary stance. Six percent of the entire supply will be distributed from an initial airdrop; an additional 47.6 million tokens will be created yearly to help the growth of the ecosystem.
Except for block incentives, Sonic has limited its token issuing to 15% annually until 2031 in order to preserve stability. This system seeks to guarantee sustainable adoption by balancing regulated inflation with network expansion.
Participating in the Blockchain Domain
Sonic’s increases in transaction speed directly challenge conventional blockchain systems. Solana, for example, is fast; although it runs with a block time of 0.4 seconds, its finality time is about 12.8 seconds. Sonic is a serious competitor in the market because of its capacity to attain sub-second transaction finality.
From Fantom to Sonic, the rebranding shows a calculated attempt to make use of these technological developments. Sonic wants to revolutionize Layer 1 blockchain innovation by starting a new network with lowered validator costs and improved synchronizing speeds.
Though its token price is now erratic, as the platform develops, its increasing acceptance and special technological features could make it a major participant in the blockchain scene.
