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Cryptocurrency News Articles

Sonic Will Replace Fantom As the New King of the Hill, Marking a Major Shift

Mar 07, 2025 at 11:12 am

After three months of rebranding, Sonic is gaining traction as a promising Layer-1 blockchain. With high-speed transactions and strong security

Sonic Will Replace Fantom As the New King of the Hill, Marking a Major Shift

Sonic, the successor to Fantom, is making a major impact in the crypto scene. As a new layer-1 blockchain featuring a seamless bridge to Ethereum and the fastest settlement layer for digital assets, Sonic boasts impressive capabilities.

The network can process over 10,000 transactions per second (TPS) with a confirmation time of just one second, making it exceptionally fast. In the last three months since its mainnet launch, Sonic has steadily grown its total value locked (TVL).

According to DefiLlama, Sonic's TVL has surged over 27 times since early 2025, increasing from $27 million to a peak of $750 million.

Moreover, Sonic's ecosystem is expanding rapidly. According to sonicscan.org, the network now processes over one million transactions daily. On Friday, February 21, 2025, Sonic reached a record high of 1,383,812 transactions in a single day. In contrast, the lowest transaction count was 4,663 on Tuesday, December 3, 2024.

The network's active wallet count has also surpassed one million, further attesting to Sonic's strong growth. The highest single-day increase was 169,943 new wallets on Friday, December 20, 2024. On the other hand, the lowest increment was just eight new wallets on Wednesday, December 4, 2024.

Top Projects in the Sonic Ecosystem

SHADOW

With ultra-fast block times and instant finality, Shadow provides a seamless trading experience that matches Sonic's speed. Liquidity providers can quickly adjust positions to seize opportunities, while traders benefit from minimal slippage.

Shadow also leverages Sonic's unique FeeM system, which renders 90% of gas fees to users. This system enhances user experience by optimizing transaction costs and improving arbitrage opportunities through maximal extractable value (MEV).

According to DexScreener, Shadow has a 24-hour trading volume of $11.38 million and a fully diluted valuation of $1.36 billion.

ANON

HeyAnon is an AI-powered DeFi protocol that ingrains the essence of Web3 in every interaction, making it easier for users to engage with DeFi protocols while aggregating key project information in one place.

As a conversational AI, it combines natural language processing with real-time data to help users keep abreast of updates, manage DeFi activities, and analyze trends across platforms. It can understand user prompts in simple language, execute complex transactions on behalf of users, and provide nearly instant insights gleaned from multiple sources.

According to DexScreener, Anon has a 24-hour trading volume of $34.33 million and a fully diluted valuation of $670.33 million.

GOGLZ

GOGLZ is a meme coin on the Fantom Blockchain, founded on the message "The future is bright, so keep your goggles on!" It is also being developed with a strong emphasis on community.

With fast transactions and low fees, GOGLZ takes full advantage of Fantom's efficiency. Emphasizing both entertainment and speculation, GOGLZ creates an exciting experience for users. It invites everyone to join the ride and explore the ever-changing world of crypto.

According to DexScreener, Goglz has a 24-hour trading volume of $8.7 million and a fully diluted valuation of $980 million.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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Other articles published on Mar 09, 2025