Original title: (Is it worth getting into the first TikTok on-chain project Sonic SVM launching tonight?)

Original author: Alvis, MarsBit

If I told you that tonight at 8 PM, a blockchain project deeply integrated with TikTok is about to launch, would you be curious? This is not just an empty concept PPT project, but a hard-core product based on a 1 billion user traffic pool, focusing on high-performance gaming chains—Sonic SVM! Blockchain narratives have never been this sexy, with TikTok's youthful traffic, the social culture of a new generation, and the comprehensive empowerment of on-chain technology, all making Sonic SVM one of the most worthy token projects to watch right now. Can we hop on this wave? Let's break it down!

Sonic SVM's positioning: Does Solana still need Layer2? Don't be fooled by the name!

Image source X: @_FORAB

When mentioning Sonic SVM, people may be confused by its 'Solana Layer2' title. The question arises: Isn't Solana known as the 'fastest chain' in the blockchain realm? Why does it still need Layer2?

Although referred to as 'Solana Layer2', Sonic SVM is actually a 'Specific Layer2' optimized for high-frequency interaction scenarios such as gaming and socializing. Its mission is not simply to enhance Solana's performance but to provide independent scaling solutions for high-frequency trading applications (like gaming or NFT interactions). Imagine losing a match in a high-frequency interactive game due to blockchain lag—how terrible that feeling would be! The existence of Sonic SVM is to ensure that these high-frequency trades and on-chain interactions are smoother, preventing users from being 'discouraged' by technical issues.

When the actual TPS of the Solana main chain is in the range of 2,500-4,000, a large number of high-frequency interaction applications may cause congestion on the main chain, affecting user experience. Sonic SVM, through independent architectural design, provides smooth interaction experiences for these application scenarios without affecting other applications on the main chain.

Why do gaming and social chains need Sonic SVM more?

1. High-frequency trading demand: In gaming scenarios, every click triggers an on-chain transaction, and failed or delayed transactions can greatly reduce user experience. Sonic SVM provides more efficient and stable on-chain support for these gaming scenarios.

2. Customized features: For gaming scenarios, Sonic SVM provides specialized data structures, caching mechanisms, and parallel processing solutions, making the gaming experience smoother.

3. Independent governance and economic model: Sonic SVM's scaling capabilities also include independent resource allocation and governance mechanisms, allowing game developers to customize on-chain rules according to their needs.

The narrative of Sonic SVM: TikTok + on-chain, the infinite imagination of Generation Z

On-chain TikTok: Is it a gimmick or a traffic killer?

The narrative of Sonic SVM is not limited to the technical level but is deeply bound to TikTok, a global traffic giant. This combination not only brings Web2 users closer to blockchain but also creates a new way of on-chain interaction.

In practical operations, the Sonic team launched the SonicX point-earning game on TikTok, gaining widespread dissemination and acquiring millions of real-name users through TikTok's advanced advertising and creator collaborations.

Then, by using a chain abstract wallet, these users can seamlessly transition from TikTok to their own SVM public chain, allowing some users to be converted back to Solana. Therefore, this has also received official support.

· Barrier-free on-chain gaming experience: Players can directly access SonicX games through TikTok's native browser, without needing a wallet or complicated on-chain operations, greatly reducing the entry threshold for Web3.

· Social-driven viral spread: Through TikTok ads and collaborations with content creators, Sonic SVM can quickly attract users and lock them into the ecosystem through on-chain interactions within games.

Benchmarking TON: Sonic SVM's ambition in the social chain

Sonic SVM's layout is reminiscent of the success of TON (The Open Network). TON, based on the user ecosystem of Telegram, has become the leader in the social chain. Sonic SVM aims to leverage the vast traffic pool of TikTok to create the next benchmark for the integration of social and on-chain. Considering TikTok's over 1 billion monthly active users, reaching just 1% of that user base means Sonic SVM can touch 10 million people.

'Social + On-chain' future

The true value of Sonic SVM lies in its seamless integration of gamified on-chain interactions with social networks. This model not only increases user stickiness but also provides new possibilities for the mainstreaming of the blockchain industry. As its CEO, former ByteDance product manager Chris Zhu, said: 'The blockchain industry always talks about a billion users, but it hasn't even reached the threshold of one million users. TikTok provides the possibility of reaching a billion users.'

Investment value: Why is Sonic SVM worth paying attention to?

1. Data analysis and market expectations

Here are the key data and market benchmarks for Sonic SVM:

· Financing background: In June 2024, Sonic SVM completed a $12 million Series A financing, with a valuation of $100 million, and investors include well-known institutions such as Republic, OKX, Bitkraft, and Galaxy.

· Token economy: The total supply of Sonic SVM tokens is 2.4 billion, with an initial circulation of only 15% (360 million), of which 7% is for airdrops. This low circulation design ensures that the team and early investors do not exert selling pressure on the market.

· Listing exchanges: Bybit, OKX, Bitget, KuCoin, Gate

2. Future growth potential

Sonic SVM's market potential comes not only from the rise in its token price but also from the expansion capabilities of its ecosystem.

· TikTok-driven user growth: By reaching just 1% of TikTok's total user base, Sonic SVM can attract over 10 million users. This scale effect will greatly enhance its market influence.

· Ecosystem construction and additive effects: Sonic SVM has already hosted 67 gaming applications, and SonicX is just the beginning of its layout. As more developers join, its ecosystem value will continue to rise.

Sonic SVM valuation analysis: Track and market benchmarking assessment

The valuation of Sonic SVM can be divided into three core tracks: TikTok application layer, Solana/SVM scaling solutions, and gaming application chains on Solana. By benchmarking the market capitalization performance of leading projects in the industry, Sonic SVM's potential gradually becomes clear.

Benchmarking Toncoin (28.5B) and Kaia (1.17B), Sonic SVM, leveraging TikTok's potential of over 1 billion monthly active users, has high growth potential. If it successfully binds deeply with TikTok, its market cap could see exponential growth.

Sonic SVM is positioned as Solana's 'Specific Layer2', providing scaling capabilities for high-frequency trading scenarios. Benchmarking Optimism (8.03B), Arbitrum (7.59B), and Jupiter (8.91B), it has significant potential in high performance and customization, but ecosystem expansion needs further validation.

As a high-performance gaming chain on Solana, Sonic SVM can be compared to Immutable (2.75B) and Ronin (1.88B). Its initial valuation is relatively low, but with user growth and ecosystem improvement, there is significant potential for future growth.

Sonic SVM's initial layout window focuses on the FDV range of 200 million to 300 million USD. Its biggest highlight is the narrative of the TikTok application layer and high-frequency interaction technology support, but continuous validation of ecosystem expansion and user retention capabilities is needed.

Potential risks and countermeasures

1. TikTok dependency

The success of Sonic SVM is highly dependent on its partnership with TikTok. If TikTok changes its policies or limits on-chain advertising promotions, it could adversely affect its ecosystem expansion.

2. User retention and activity

Although Sonic SVM can attract users through advertising, how to retain users and maintain their activity remains a problem that needs to be solved.

3. Market competition

TON has already established a leading position in the social chain field, while similar scaling solutions in the Solana ecosystem (such as Eclipse and SOON) are also rising rapidly. How Sonic SVM builds its differentiated advantages is key to its long-term development.

Conclusion: The future of Sonic SVM is promising, but careful positioning is needed.

Sonic SVM is a project that combines narrative value and technological innovation. Whether it is the technical role of Solana Layer2 or the ambition at the TikTok application layer, it represents a new direction for blockchain technology. For investors, the following points are worth focusing on:

1. Valuation strategy: If the opening FDV is between 200 million and 300 million USD, phased positioning will be a relatively safe strategy.

2. Ecosystem progress: Pay attention to its promotional effects on TikTok and the user growth of SonicX games.

3. Long-term development: As a project rich in narrative, Sonic SVM's future value will depend on its ability to continuously attract users and expand its ecosystem.

In the blockchain industry, opportunities and risks coexist. Sonic SVM is a worthy deep dive attempt; it is not just a technical project but could become an important milestone in the integration of the crypto industry and mainstream social media.

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