In the realm of Web3, traffic entry often serves as a pivotal factor in determining a project's success or failure. As a Layer-2 scaling solution on Solana, Sonic SVM has ventured into the bustling domain of the short video platform TikTok, aiming to capitalize on its vast user base. Through the launch of the point-to-earn game SonicX, Sonic SVM has managed to attract over two million players into its ecosystem.
During the recent "Web3 Game TGE" week, Sonic SVM (SONIC) has maintained a strong presence without any signs of fraud or a continuous decline in value. Following the launch of the SONIC token on January 7, it ascended to the 9th position among the most valuable L2 tokens with an FDV of $1.94 billion the following day, being the only Solana-based L2 token to crack the top 10. As of January 16, the price of SONIC stood at around $0.72. The token's price has remained relatively stable since its launch, seemingly unfazed by the impending ban on TikTok in the United States.
Established by Mirror World Labs, Sonic SVM boasts a founding team that includes CEO Chris Zhu, Chief Product Officer Alan Zhu, and Chief Technology Officer Jonathan Bakebwa. According to publicly available information, Sonic SVM has secured a total of $16 million in seed and A round funding from investors such as BITKRAFT, Galaxy Interactive, Big Brain Holdings, Sky9 Capital, OKX Ventures, and others.
Operating as a Layer-2 (L2) scaling solution for Solana, Sonic SVM (SONIC) endeavors to enhance the efficiency and interoperability of blockchain gaming platforms by providing dedicated block space and advanced developer and player tools.
Sonic SVM anticipates that Solana, which possesses clear performance advantages, will encounter significant challenges as a result of the continuous emergence of dAPPs. This is especially true during scenarios involving a large number of small games or a single massive game, where the on-chain interactions of thousands or even millions of users can severely impact the performance of the Solana L1 main chain. Such scenarios include, but are not limited to, the launch of new servers, holiday events, and limited-time promotions, which can瞬間影響瞬間影響瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响瞬间的影响
