Sonic
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Sonic raises $12M in a Series A funding round
#Sonic secures $12M in a Series A funding round led by Bitkraft Ventures with participation from OKX Ventures, Mirana Ventures, Big Brain Holdings, Galaxy Interactive, Sky9 Capital, Sanctor Capital, and others.
Sonic is the first atomic SVM #Layer2 built to enable sovereign game economies on Solana. Previously, the project secured $4M from Republic, Infinity Ventures Crypto, LD Capital, Tess Ventures, and others.
👉 x.com/SonicSVM/status/1803050032448311308
#Sonic secures $12M in a Series A funding round led by Bitkraft Ventures with participation from OKX Ventures, Mirana Ventures, Big Brain Holdings, Galaxy Interactive, Sky9 Capital, Sanctor Capital, and others.
Sonic is the first atomic SVM #Layer2 built to enable sovereign game economies on Solana. Previously, the project secured $4M from Republic, Infinity Ventures Crypto, LD Capital, Tess Ventures, and others.
👉 x.com/SonicSVM/status/1803050032448311308
#Write2earn #Fantom 's #Sonic Network and Bidirectional Token #Migration Set to Boost #FTM Price
$FTM
The Fantom Foundation is launching the Sonic Network, a new Layer-1 blockchain connected to Ethereum via a Layer-2 bridge. This integration aims to leverage Ethereum's larger user base and liquidity, providing low costs, scalability, and speed.
Sonic Network and Opera Chain Integration
The Sonic Network will enhance the upgraded Opera chain, which now achieves 2,000 TPS with single-second finality, reducing storage needs and costs. This setup is designed to be a next-generation platform for developers, dApps, and communities.
Migration from FTM to $S
Upon the Sonic chain launch, $S tokens will match the supply of FTM tokens. Users can initially migrate FTM to S at a 1:1 ratio, facilitated by a bridge for seamless swaps. Eventually, the migration will become one-way from FTM to $S. This migration is expected to support the ongoing Fantom price rally.
Current Market Performance
Fantom (FTM) has surged nearly 20% in the past week, trading at $0.8595 with a market cap of $2.4 billion, driven by increased total value locked (TVL) on the protocol.
$FTM
The Fantom Foundation is launching the Sonic Network, a new Layer-1 blockchain connected to Ethereum via a Layer-2 bridge. This integration aims to leverage Ethereum's larger user base and liquidity, providing low costs, scalability, and speed.
Sonic Network and Opera Chain Integration
The Sonic Network will enhance the upgraded Opera chain, which now achieves 2,000 TPS with single-second finality, reducing storage needs and costs. This setup is designed to be a next-generation platform for developers, dApps, and communities.
Migration from FTM to $S
Upon the Sonic chain launch, $S tokens will match the supply of FTM tokens. Users can initially migrate FTM to S at a 1:1 ratio, facilitated by a bridge for seamless swaps. Eventually, the migration will become one-way from FTM to $S. This migration is expected to support the ongoing Fantom price rally.
Current Market Performance
Fantom (FTM) has surged nearly 20% in the past week, trading at $0.8595 with a market cap of $2.4 billion, driven by increased total value locked (TVL) on the protocol.
Sonic Labs unveils an upcoming collaboration with Chainlink
#Sonic labs $FTM has recently unveiled on its twitter an upcoming partnership with #ChainLink $LINK , a decentralized oracle network that provides a reliable connection between blockchain smart contracts and external data sources.
Sonic labs (previously #Fantom ) is a #layer1 platform with a secure gateway to #Ethereum . The protocol includes a significant incentive program designed to handle over 10,000 transactions per second.
#Sonic labs $FTM has recently unveiled on its twitter an upcoming partnership with #ChainLink $LINK , a decentralized oracle network that provides a reliable connection between blockchain smart contracts and external data sources.
Sonic labs (previously #Fantom ) is a #layer1 platform with a secure gateway to #Ethereum . The protocol includes a significant incentive program designed to handle over 10,000 transactions per second.
$FTM is going to be on full swing. Wait until that weekly breakout confirmation.
As they revamped to #Sonic plans are bigger and better. With the partnership of #Chainlink $LINK for the launch, team is targeting a bigger goal.
Remember, it got dropped to ~80% from its ATH and it got rebounded earlier in the same way.
NFA: Trade with caution
What is your favourite now? Poll for next coin update.
As they revamped to #Sonic plans are bigger and better. With the partnership of #Chainlink $LINK for the launch, team is targeting a bigger goal.
Remember, it got dropped to ~80% from its ATH and it got rebounded earlier in the same way.
NFA: Trade with caution
What is your favourite now? Poll for next coin update.
$FTM
100%
$CRV
0%
30 votes • Voting closed
Sideways, it's scary to look at the #FTM $FTM
chart on the D1 chart. This, without looking at the Ath top, just looking at this last top at 1.20. and The path the project has taken over these years is very disastrous. Tiker's change could even leave Fantom's past in oblivion. But whoever stays in this market will never forget the mistakes they made in this market. try to find a final exit around 1.20 or if the market really gets good again in 2025, it could even hit 2.00. More than that is too much to ask for this project. $FTM #Sonic
chart on the D1 chart. This, without looking at the Ath top, just looking at this last top at 1.20. and The path the project has taken over these years is very disastrous. Tiker's change could even leave Fantom's past in oblivion. But whoever stays in this market will never forget the mistakes they made in this market. try to find a final exit around 1.20 or if the market really gets good again in 2025, it could even hit 2.00. More than that is too much to ask for this project. $FTM #Sonic
