Sonic SVM is transitioning from a token burning model to a buy-and-lock strategy to enhance the value for holders. This shift, announced on May 19, 2025, aims to implement a new value accumulation mechanism for its SONIC token.
The buy-and-lock system will use 50% of transaction fees to purchase SONIC tokens and lock them for 24 months, aimed at creating market demand and reducing supply.
Market reactions are significant, with keen interest from industry observers. The upcoming SVM Summit on May 21 in New York will explore implications for the Solana network.
Full story here: https://coincu.com/338556-sonic-svm-token-buy-lock-system
