Ranked 14th globally! How did Sonic Chain make a comeback to become a new rising star among mainstream public chains?
TVL is an industry-comparable metric. Recently, Sonic Chain achieved a TVL of over $685 million, catapulting it to 14th place in the global blockchain public chain and Layer 2 TVL rankings, closely following several established high-performance chains and ranking among the top eight EVM-compatible chains. In just six months, Sonic's TVL ranking surged from outside the top 30 to join the mainstream sector of the industry, becoming one of the fastest-growing public chains this year.
Looking at the current leaderboard, the top ten are mostly established public chains with large market capitalizations such as Ethereum, Solana, and BNB Chain. With its underlying performance upgrades and ecosystem expansion, Sonic has aligned itself with newer leading L1/L2 projects like Base, Arbitrum, and Hyperliquid L1, with a TVL share even surpassing some competing chains of similar scale by 20%-45%.