Sonic
Sonic Labs Commits $40M to SonicStrategy as It Eyes Nasdaq Listing, U.S. Expansion
The funding will be used to support SonicStrategy's treasury, validator operations, and blockchain investments, and can convert to common stock at $4.50 per share.
Sonic Community Approves $150M Token Issuance for U.S. ETF Push, Nasdaq Vehicle
Sonic Labs pitched the proposal as a necessary break from its “2018 tokenomics,” which involved Fantom giving away most of its supply to the community.
Solana Layer 2 Sonic to Airdrop SONIC Token to TikTok Users
Sonic built its game SonicX natively inside TikTok, attempting to replicate the success of TON blockchain mini apps that were built inside Telegram.
Fantom Foundation Creates Sonic Foundation, Labs for New Sonic Chain
Alongside the new entities, Fantom raised $10 million in a funding round that will go towards Sonic’s ecosystem development.
Fantom’s FTM Token Overperforms, Gains 190% in Four Weeks
Layer 1 blockchain Fantom’s native token FTM has gained over 190% in four weeks, becoming the best-performing non-meme cryptocurrency among the top 100 digital assets by market value. Is Fantom’s impending Sonic upgrade the catalyst for the spike in FTM? CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."
