What is SOL's high-speed L2 Sonic all about?
Today we continue to talk about a project that is an old wine in a new bottle, Sonic, which has been quite hot in recent days because there will be a TGE (Token Generation Event) tomorrow, and there will also be airdrops. Sonic is L2 of Sol, and everyone is surprisingly curious why such a fast SOL still needs L2? Isn't this just a hot topic needed in the crypto circle?
So why does SOL need L2?
As dAPP and DeFi activities on Solana grow faster, daily on-chain transactions exceeded 200 million in January 2024, and analysts conservatively estimate that transaction volume will exceed 4 billion by 2026.
Under this foreseeable pressure, Solana's TPS hovers around 2500-4000, and the average ping time of Solana clusters fluctuates between 6 seconds to 80 seconds; when TPS increasingly saturates or even exceeds 4000, the success rate of Solana transactions only reaches 70% to 85%.