Sonic is an Ethereum Virtual Machine (EVM) layer-1 blockchain platform developed by Sonic Labs, previously known for the Fantom network.<h2>Key Features:</h2><ul><li>High Transaction Speed: Sonic claims to support up to 10,000 transactions per second (TPS), making it one of the fastest blockchains available. The platform boasts a transaction finality time of approximately 720 milliseconds, which is significantly faster than many existing blockchains, including Solana, which typically achieves finality in about 12.8 seconds under normal conditions.</li><li>EVM Compatibility: Sonic is fully compatible with the Ethereum Virtual Machine, allowing developers to easily migrate existing Ethereum projects or create new dApps using familiar programming languages like Solidity and Vyper.</li><li>Incentive Programs: Developers can earn up to 90% of the fees generated by their applications, along with access to a pool of approximately 200 million S tokens designed to incentivize both developers and users. The native token, S, will also play a crucial role in governance and transaction fees within the ecosystem.</li><li>Security and Governance: The network employs advanced security mechanisms to ensure the integrity of transactions and has implemented a decentralized governance model where S token holders can participate in decision-making processes.</li></ul>

Sonic Ecosystem

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23 May, 2024 Sonic raised $ 10 M in strategic financing.

Sonic

Sonic is an Ethereum Virtual Machine (EVM) layer-1 blockchain platform.

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Sonic S

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