Fantom (FTM) Rebrands to Sonic (S)

In the ever-evolving world of blockchain, innovation, and rebranding are crucial strategies for staying relevant and competitive. The transformation of Fantom into Sonic is the latest example of an effort to address market challenges while strategically positioning itself for broader adoption—especially amidst the rise of similar emerging projects.

Fantom, the Layer-1 blockchain project launched in 2018, is undergoing a significant transformation as it evolves into Sonic. This transformation is part of a broader effort to address market challenges and position the platform for greater adoption, especially with the emergence of similar projects.

Fantom’s journey began with the integration of Directed Acyclic Graph (DAG) technology and the Fantom Opera network as the foundation for its smart contracts. Fantom’s robust smart contract capabilities have made it a go-to platform for developers to build diverse and innovative decentralized applications (dApps), thanks to its compatibility with the Ethereum Virtual Machine (EVM).

Moreover, innovations such as aBFT technology, the DAG structure, and the Lachesis consensus mechanism enable Fantom to process transactions quickly, cost-effectively, and securely. Its native token, $FTM, plays a vital role in network security through staking, transaction fee payments, and participation in the broader ecosystem.

Despite its strengths, Fantom’s implementation has faced challenges in keeping up with the rapidly evolving market. To address these issues, the development team at Fantom has strategically rebranded the platform into Sonic.

Announcing the transformation of Fantom into Sonic. Together, let's usher in a new era of blockchain speed, efficiency, and adoption.

Fantom's evolution into Sonic marks a significant chapter in the blockchain narrative.

Fantom is quickly adapting to market challenges and positioning itself for greater adoption, especially as new projects emerge.

Earlier this year, Fantom announced its integration with OpenAI's ChatGPT to enhance smart contract development.

Sonic: High Performance, Low Costs, and Increased Liquidity Inflows

Sonic, a new Layer-1 platform, utilizes a Proof-of-Stake consensus mechanism and is claimed to handle up to 20,000 transactions per second—twice the capacity of Fantom, which previously supported only 10,000 transactions per second.

Two key components driving Sonic’s high-performance network and scalability are Sonic Virtual Machine (SonicVM) and SonicDB. Sonic offers an infrastructure that is developer- and user-friendly, enhancing network security while optimizing transaction processes to be faster, cheaper, and more efficient.

One of Sonic’s primary focuses is addressing liquidity challenges, which have historically been a significant hurdle. The evolution into Sonic represents a strategic move to simplify the ecosystem and foster broader blockchain adoption while ensuring greater responsiveness to market dynamics.

Key Points of the Rebranding

Sonic's Performance

Aiming to become world-class DeFi infrastructure, Sonic has seen remarkable growth in Total Value Locked (TVL), surging by 2,936% (30x increase) from $26.39 million on January 1, 2025, to $801.37 million on March 19, 2025.

Here's a comparison of Sonic's growth against other leading Layer-1 projects:

Sonic Ecosystem

The surge in TVL is mainly driven by the growing number of dApps offering point-based incentive programs for users. Most of these dApps fall within the DeFi sector, where users not only accumulate points but also earn variable interest through farming mechanisms. The combination of Sonic airdrop incentives and passive income opportunities has created strong appeal, attracting more liquidity into the Sonic ecosystem.

As of March 19, 2025, Silo Finance holds the highest TVL within the Sonic ecosystem, with a total value of $193.99 million, making it one of the most dominant protocols on the network.

Leading DeFi projects such as Pendle and AAVE have also integrated with Sonic, bringing new liquidity growth into the ecosystem. This integration enables Sonic users to access decentralized financial services such as yield farming, lending, and borrowing with significantly lower transaction fees and faster transaction speeds compared to other networks.

Token Migration

$FTM token holders can seamlessly swap their tokens for $S, Sonic's native token, at a 1:1 ratio via the official Sonic Labs website. This migration process ensures users can transition into the Sonic ecosystem without losing their assets.

Sonic Tokenomics and Utility

The $S token plays a crucial role within the Sonic ecosystem, serving multiple functions, including:

The total supply of $S is 3.175 billion, which mirrors the total supply of $FTM tokens prior to the rebranding.

Sonic's Potential

This scheme creates opportunities for developers building dApps on the Sonic network to earn rewards in the form of Sonic tokens—up to 90% of the total transaction fees generated by their dApps. This mechanism has the potential to be a game changer in the Layer-1 blockchain ecosystem, fostering greater innovation and adoption within the network.

The FeeM mechanism is divided into two structures:

How to Buy Sonic on Pintu

After knowing what Sonic is, you can start investing in S by buying