What is Sonic ($S)?
Sonic is an EVM layer-1 platform that offers developers attractive incentives and powerful infrastructure. The chain reportedly provides over 10,000 TPS and sub-second confirmation times, powering the next generation of decentralized applications.Sonic's Fee Monetization (FeeM) program rewards developers with up to 90% of the fees their apps generate, adapting the Web2 ad-revenue model to a decentralized framework. Developers now directly profit from their app's traffic and user engagement. Furthermore, the Sonic Gateway provides developers and users with seamless access to vast liquidity through a native, secure bridge connected to Ethereum. With a unique fail-safe mechanism, it ensures your assets are protected in all circumstances.
Sonic is a EVM layer-1 with unique incentives for developers, offering world-class tooling, infrastructure, and revenue-sharing models for its builders, specifically its FeeM program. It also offers its own bridging infrastructure called the Gateway, designed to keep bridged assets as safe as possible.
Sonic launched in December 2024 as an upgrade from the Fantom network, which maintained an impressive 99.99% uptime over four years and reached a peak total value locked of $14 billion. Positioned to lead the EVM space, Sonic is set to feature over 100 applications by the first quarter of 2025.
The Sonic chain provides developers with scalability and storage capabilities while delivering a fast and seamless user experience. Sonic achieves 10,000 transactions per second with sub-second finality for immediate, irreversible transactions and utilizes storage system for efficient data management.
The Sonic Token ($S) functions as the core of the Sonic ecosystem. Beyond being an investment tool, it offers decentralized security through a blockchain network that distributes control and transaction verification globally, ensuring transparency and safety. $S addresses the inefficiencies of traditional currencies and early cryptocurrencies by providing fast and efficient transaction processing.
Sonic ($S) is listed on Binance for trade and purchase. The current price of $S is available and updated in real-time on Binance.