Sonic | Crypto

Sonic’s first full quarter since mainnet launch showed rapid ecosystem expansion, strong user activity, and growing protocol diversity. DeFi TVL reached $1 billion, powered by the arrival of blue-chip protocols like Aave and Silo, while DEX trading volume reached $10.4 billion with Sonic-native platforms leading usage. The launch of the FeeM monetization program created a new revenue path for builders, and the stablecoin market gained depth with both bridged and native assets. Across categories — from infrastructure to payments — over 150 applications are now live. Driven by strong user activity, these applications generated $19.7 million in Chain GDP during Q1 2025. On the technical side, Sonic announced SonicCS 2.0, a major consensus upgrade planned for future client releases. The update introduces overlapping elections and matrix-based voting to improve scalability and resource efficiency. These developments align with strong network performance during the quarter, including 520,300 average daily transacti...

Learn what innovations Sonic has over Fantom and what makes it appealing for DeFi enthusiasts. Fantom was one of the pioneers of the directed acyclic graph (DAG) design for distributed ledgers. It featured fast finality and transaction fees of a fraction of a cent. However, Fantom relied on the Ethereum-derived account storage model and the EVM, which led to bloated storage and slow execution times. To address these bottlenecks and implement numerous other updates, the team behind Fantom rolled out Sonic, a fully independent new blockchain network. A new report by HTX  explores Sonic's technological background, its new tokenomics model and the innovations it brings to DeFi.   Download a full version of the report for free here Read more