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Cryptocurrency News Articles

Sonic Will Be the Successor to Fantom

Mar 07, 2025 at 11:12 am

This article introduces Sonic, the successor to Fantom, marking a major shift for the project after a long period without significant breakthroughs.

Sonic Will Be the Successor to Fantom

Sonic, the successor to Fantom, is making headlines for its remarkable performance. Having launched its mainnet in October 2024, Sonic has quickly become known for its blazing-fast transactions and minimal confirmation times.

As a new layer-1 blockchain, Sonic is securely bridging to Ethereum and offering the fastest settlement layer for digital assets. It can process over 10,000 transactions per second (TPS) with a confirmation time of just one second.

Sonic Shows Steady Growth Three Months After Mainnet LaunchMainnet Statistics (October 2024 - January 2025)

As of January 2025, Sonic's TVL has surged more than 27 times since early 2025.

Source: DefiLlama

As of January 2025, the network processes over one million transactions daily, reaching a record 1,383,812 transactions on Friday, February 21, 2025. The lowest recorded transaction count was 4,663 on Tuesday, December 3, 2024.

Source: sonicscan.org

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

Top Projects in the Sonic EcosystemSHADOW

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 FeeM, which refunds 90% of gas fees. This system enhances user experience by optimizing transaction costs and improving arbitrage opportunities through MEV.

Source: dexscreener.com

ANON

HeyAnon is an AI-powered DeFi protocol that makes DeFi interactions easier while gathering key project information in one place.

By combining conversational AI with real-time data, HeyAnon helps users track updates, manage DeFi activities, and analyze trends across platforms. It uses natural language processing to understand user prompts, execute complex transactions, and provide nearly instant insights from multiple sources.

Source: dexscreener.com

GOGLZ

GOGLZ is a meme coin on the Fantom Blockchain, built around a fun message: “The future is bright, so keep your goggles on!”

With a strong community focus, GOGLZ delivers fast transactions and low fees, taking 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.

Source: dexscreener.com

Summary

Three months after Fantom's rebranding to Sonic, the project is gaining traction as a promising Layer-1 blockchain.

With high-speed transactions and strong security, Sonic offers a seamless experience for users and developers.

Sonic's ecosystem is expanding rapidly, attracting projects in DeFi, GameFi, and AI. Its innovative upgrades, including Sonic Rollup and Parallel FVM, enhance scalability and efficiency.

Backed by a growing community and increasing adoption, Sonic is positioning itself as a leading blockchain. As development continues, it aims to redefine speed, decentralization, and usability in the crypto space.

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!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Apr 03, 2025