According to Odaily Planet Daily, Fantom TVL has exceeded $200 million, compared to just $111 million two days ago. In the past few weeks, the Fantom Foundation has been rolling out its latest upgraded version, codenamed Sonic. Currently, 25 of the 60 nodes have completed the upgrade, and once the new software covers two-thirds of the nodes, the chain will be officially upgraded. Sonic is expected to increase transaction speeds to 2,000 transactions per second.