According to Odaily, Fantom's total value locked (TVL) has exceeded $200 million, a significant increase from $111 million just two days ago. Over the past few weeks, the Fantom Foundation has been rolling out its latest upgrade, codenamed Sonic. Currently, 25 out of 60 nodes have completed the upgrade. Once the new software covers two-thirds of the nodes, the chain will officially upgrade. Sonic is expected to increase transaction speed to 2,000 transactions per second. This development marks a significant milestone for the Fantom Foundation as it continues to improve its platform and attract more users.