"Latest Developments in Sonic ($SONIC) - Are We on the Brink of a Major Launch?
Sonic, the first layer two expansion series based on the Solana Virtual Machine (SVM), continues to attract attention. With the launch of its mainnet 'Mobius' approaching in February 2025, predictions suggest a potential increase in its value that could reach 1000%, according to some researchers, thanks to its low valuation compared to Solana (market cap to TVL ratio of 2 to 12).
Since its rebranding from Fantom, Sonic has attracted over $854 million in total value locked (TVL), supported by developer growth and lower fees. Additionally, a hackathon with a million-dollar prize is being held to boost the ecosystem.
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