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Sonic - mainnet is officially launched publicly
Sonic Labs has officially launched the Sonic Mainnet, an EVM-compatible layer-1 blockchain platform that provides powerful infrastructure and attractive incentives for developers.
The Sonic mainnet supports 10,000 transactions per second (TPS) and achieves sub-second transaction confirmation. It also has a decentralized gateway function that seamlessly connects to Ethereum. Through these technical features, Sonic provides developers with unprecedented infrastructure support and liquidity to help them build the next generation of decentralized applications (DApps).
Sonic is built by the development team behind Fantom and is a significant upgrade to Fantom and FTM through its native token S. Existing FTM holders can easily transition to the Sonic platform and start using its features through a one-to-one token upgrade mechanism.
Sonic has leveraged its mature technical capabilities to establish its core position in the decentralized finance (DeFi) space by innovating developer incentives while providing users with a smooth experience and abundant liquidity resources.
Revenue sharing mechanism: developers first
Sonic's Fee Monetization (FeeM) provides developers with up to 90% of network fees, a model that draws on the advertising revenue strategy of Web2 platforms such as YouTube. Unlike many blockchains that only provide limited developer incentives and focus mainly on value extraction, Sonic's FeeM model fundamentally solves this problem.
“In recent years, we have seen many new chains come online, especially some centralized Layer 2s, whose founding teams monopolize all network fee income. This model excludes developers and forces them to earn income by charging additional fees to users. The FeeM model ensures that developers can share network fees from the beginning by writing a developer reward mechanism directly on the chain.” - Sam Harcourt, head of business development at Sonic Labs
On the Sonic platform, developers can earn a share of network fees based on the user traffic and engagement their applications attract. This mechanism provides developers with a built-in, sustainable source of income while significantly reducing user costs.
From Fantom to Sonic: FTM upgrades to a new stage of S
Fantom and its token FTM have officially entered the upgrade phase, transitioning to the new Sonic platform and its native token S. Sonic Labs has launched an upgrade portal MySonic for this purpose, through which FTM holders can easily upgrade FTM to S in a one-to-one manner.
“We are excited to launch the new Sonic Chain as the next major upgrade of Fantom. This platform builds on Fantom’s almost 100% uptime record since 2019 and is a revolutionary platform with developers at its core. Sonic not only helps developers build a smooth user experience, but also enables them to share in network fees.” - Michael Kong, CEO of Sonic Labs
During the first 90 days after the Sonic mainnet launch, FTM holders can freely exchange FTM and S through the upgrade portal. After 90 days, users will only be able to upgrade from FTM to S.
Sonic Gateway: Secure and decentralized cross-chain interoperability
With the rapid growth of cross-chain activities, secure and trustless bridging solutions have become essential. However, traditional first-layer and second-layer bridging methods usually rely on centralized systems, which may lead to the risk of huge asset losses.
Sonic Gateway solves this problem through a decentralized design. As a bridge between Ethereum and Sonic, it provides the following core functions:
Security: If the gateway is not operational within 14 days, users can withdraw their funds on Ethereum, ensuring the safety of their assets.Efficient transfer: Asset transfers are processed in batches, from Ethereum to Sonic every 10 minutes, and in the reverse direction once an hour. At the same time, the "Fast Channel" function allows users to pay a small fee to achieve instant bridging.Decentralized Operation: The gateway is run by Sonic’s validators on both chains, and remains decentralized like the Sonic platform, eliminating the risk of centralized manipulation.
“We developed the Sonic Gateway to give users secure and trustless control of their assets. This tool not only provides liquidity from other platforms, but also ensures security through validators and fail-safe mechanisms, allowing users and applications to fully enjoy the benefits of cross-chain liquidity.” - Bernhard Scholz, Chief Research Officer, Sonic Labs
In the future, Sonic Labs plans to expand the gateway to other blockchains beyond Ethereum, providing users with direct, decentralized access to more blockchain-native assets.
Sonic Airdrop: S Token Incentive Program
In order to promote the rapid development of the network, Sonic Labs will distribute 190.5 million S tokens through an airdrop plan. The plan is aimed at users and developers and includes the following two incentive methods:
Sonic Points: Rewards early adopters, asset holders, and active users.Sonic Gems: Reward developers for creating applications that attract users and drive innovation. Developers can convert Gems into S and distribute some of the tokens to users to incentivize continued use.
#MarketCorrectionBuyOrHODL #FTM #Sonic
The Sonic mainnet supports 10,000 transactions per second (TPS) and achieves sub-second transaction confirmation. It also has a decentralized gateway function that seamlessly connects to Ethereum. Through these technical features, Sonic provides developers with unprecedented infrastructure support and liquidity to help them build the next generation of decentralized applications (DApps).
Sonic is built by the development team behind Fantom and is a significant upgrade to Fantom and FTM through its native token S. Existing FTM holders can easily transition to the Sonic platform and start using its features through a one-to-one token upgrade mechanism.
Sonic has leveraged its mature technical capabilities to establish its core position in the decentralized finance (DeFi) space by innovating developer incentives while providing users with a smooth experience and abundant liquidity resources.
Revenue sharing mechanism: developers first
Sonic's Fee Monetization (FeeM) provides developers with up to 90% of network fees, a model that draws on the advertising revenue strategy of Web2 platforms such as YouTube. Unlike many blockchains that only provide limited developer incentives and focus mainly on value extraction, Sonic's FeeM model fundamentally solves this problem.
“In recent years, we have seen many new chains come online, especially some centralized Layer 2s, whose founding teams monopolize all network fee income. This model excludes developers and forces them to earn income by charging additional fees to users. The FeeM model ensures that developers can share network fees from the beginning by writing a developer reward mechanism directly on the chain.” - Sam Harcourt, head of business development at Sonic Labs
On the Sonic platform, developers can earn a share of network fees based on the user traffic and engagement their applications attract. This mechanism provides developers with a built-in, sustainable source of income while significantly reducing user costs.
From Fantom to Sonic: FTM upgrades to a new stage of S
Fantom and its token FTM have officially entered the upgrade phase, transitioning to the new Sonic platform and its native token S. Sonic Labs has launched an upgrade portal MySonic for this purpose, through which FTM holders can easily upgrade FTM to S in a one-to-one manner.
“We are excited to launch the new Sonic Chain as the next major upgrade of Fantom. This platform builds on Fantom’s almost 100% uptime record since 2019 and is a revolutionary platform with developers at its core. Sonic not only helps developers build a smooth user experience, but also enables them to share in network fees.” - Michael Kong, CEO of Sonic Labs
During the first 90 days after the Sonic mainnet launch, FTM holders can freely exchange FTM and S through the upgrade portal. After 90 days, users will only be able to upgrade from FTM to S.
Sonic Gateway: Secure and decentralized cross-chain interoperability
With the rapid growth of cross-chain activities, secure and trustless bridging solutions have become essential. However, traditional first-layer and second-layer bridging methods usually rely on centralized systems, which may lead to the risk of huge asset losses.
Sonic Gateway solves this problem through a decentralized design. As a bridge between Ethereum and Sonic, it provides the following core functions:
Security: If the gateway is not operational within 14 days, users can withdraw their funds on Ethereum, ensuring the safety of their assets.Efficient transfer: Asset transfers are processed in batches, from Ethereum to Sonic every 10 minutes, and in the reverse direction once an hour. At the same time, the "Fast Channel" function allows users to pay a small fee to achieve instant bridging.Decentralized Operation: The gateway is run by Sonic’s validators on both chains, and remains decentralized like the Sonic platform, eliminating the risk of centralized manipulation.
“We developed the Sonic Gateway to give users secure and trustless control of their assets. This tool not only provides liquidity from other platforms, but also ensures security through validators and fail-safe mechanisms, allowing users and applications to fully enjoy the benefits of cross-chain liquidity.” - Bernhard Scholz, Chief Research Officer, Sonic Labs
In the future, Sonic Labs plans to expand the gateway to other blockchains beyond Ethereum, providing users with direct, decentralized access to more blockchain-native assets.
Sonic Airdrop: S Token Incentive Program
In order to promote the rapid development of the network, Sonic Labs will distribute 190.5 million S tokens through an airdrop plan. The plan is aimed at users and developers and includes the following two incentive methods:
Sonic Points: Rewards early adopters, asset holders, and active users.Sonic Gems: Reward developers for creating applications that attract users and drive innovation. Developers can convert Gems into S and distribute some of the tokens to users to incentivize continued use.
#MarketCorrectionBuyOrHODL #FTM #Sonic
Why is "Buy the Dip" so popular in the crypto market? 🚀
The "Buy the Dip" strategy has become a favorite among crypto investors for several compelling reasons:
1️⃣ Taking Advantage of Lower Prices
When prices of assets like Bitcoin ($BTC ) or Ethereum ($ETH ) dip, investors can buy at a discount compared to previous levels.
2️⃣ Belief in Market Recovery
Many investors trust that price drops are temporary and the market will bounce back. By buying during the dip, they position themselves to benefit when the market stabilizes and grows. 📈
3️⃣ Understanding Market Cycles
Experienced traders know that sharp price declines are often followed by rebounds. They see dips as opportunities to buy undervalued assets, expecting prices to rise again in the next cycle.
4️⃣ Faith in Blockchain Technology
The long-term potential of blockchain and crypto fuels confidence in these assets. Many believe the adoption of this technology will only increase, making dips an attractive chance to accumulate valuable assets at lower prices. 🌐
Example: Let’s say you own 1 Bitcoin bought at $30,000, but the price drops to $25,000.
👉 Instead of waiting for BTC to climb back above $30,000 to profit, you decide to "Buy the Dip."
First purchase: 1 BTC at $30,000Second purchase: 1 BTC at $25,000
Now, you own 2 BTC with an average price of:
(30,000 + 25,000) ÷ 2 = $27,500
🎯 When $BTC rises to $28,000, you’re already in profit! No need to wait for it to surpass $30,000 anymore.
Key Takeaways:
While "Buy the Dip" can be a profitable strategy, success depends on:
✅ Deep market analysis
✅ Emotional discipline
✅ Strong technical skills
✅ Effective risk management
🔍 History has shown that with the right approach, "Buy the Dip" can yield significant returns. However, it’s essential to remain cautious and avoid rash decisions to minimize risks.
💡 Don’t just watch the dips—turn them into opportunities! 🚀
#buy_the_dip
The "Buy the Dip" strategy has become a favorite among crypto investors for several compelling reasons:
1️⃣ Taking Advantage of Lower Prices
When prices of assets like Bitcoin ($BTC ) or Ethereum ($ETH ) dip, investors can buy at a discount compared to previous levels.
2️⃣ Belief in Market Recovery
Many investors trust that price drops are temporary and the market will bounce back. By buying during the dip, they position themselves to benefit when the market stabilizes and grows. 📈
3️⃣ Understanding Market Cycles
Experienced traders know that sharp price declines are often followed by rebounds. They see dips as opportunities to buy undervalued assets, expecting prices to rise again in the next cycle.
4️⃣ Faith in Blockchain Technology
The long-term potential of blockchain and crypto fuels confidence in these assets. Many believe the adoption of this technology will only increase, making dips an attractive chance to accumulate valuable assets at lower prices. 🌐
Example: Let’s say you own 1 Bitcoin bought at $30,000, but the price drops to $25,000.
👉 Instead of waiting for BTC to climb back above $30,000 to profit, you decide to "Buy the Dip."
First purchase: 1 BTC at $30,000Second purchase: 1 BTC at $25,000
Now, you own 2 BTC with an average price of:
(30,000 + 25,000) ÷ 2 = $27,500
🎯 When $BTC rises to $28,000, you’re already in profit! No need to wait for it to surpass $30,000 anymore.
Key Takeaways:
While "Buy the Dip" can be a profitable strategy, success depends on:
✅ Deep market analysis
✅ Emotional discipline
✅ Strong technical skills
✅ Effective risk management
🔍 History has shown that with the right approach, "Buy the Dip" can yield significant returns. However, it’s essential to remain cautious and avoid rash decisions to minimize risks.
💡 Don’t just watch the dips—turn them into opportunities! 🚀
#buy_the_dip
This is the 6th week that MicroStrategy has been buying Bitcoin! 🚀
• November 11 (2024): 27,200 BTC, worth $2.03 billion, at an average price of $74,463/BTC
• November 18: 51,780 BTC, worth $4.6 billion, at an average price of $88,627/BTC
• November 25: 55,500 BTC, worth $5.4 billion, at an average price of $97,862/BTC
• December 2: 15,400 BTC, worth $1.5 billion, at an average price of $95,976/BTC
• December 9: 21,550 BTC, worth $2.1 billion, at an average price of $98,783/BTC
• December 16: 15,350 BTC, worth $1.5 billion, at an average price of $100,386/BTC
As of now, MicroStrategy owns 439,000 BTC, with an average price of $61,725/BTC. 🏦💰
Here’s something funny: Every time Michael Saylor buys, the market seems to go up! 😅 Could it be magic? ✨ Or maybe he's just a Bitcoin wizard? 🧙♂️
Don't miss out! The Bitcoin train is moving fast! 🚂🚀 #ToTheMoon
• November 11 (2024): 27,200 BTC, worth $2.03 billion, at an average price of $74,463/BTC
• November 18: 51,780 BTC, worth $4.6 billion, at an average price of $88,627/BTC
• November 25: 55,500 BTC, worth $5.4 billion, at an average price of $97,862/BTC
• December 2: 15,400 BTC, worth $1.5 billion, at an average price of $95,976/BTC
• December 9: 21,550 BTC, worth $2.1 billion, at an average price of $98,783/BTC
• December 16: 15,350 BTC, worth $1.5 billion, at an average price of $100,386/BTC
As of now, MicroStrategy owns 439,000 BTC, with an average price of $61,725/BTC. 🏦💰
Here’s something funny: Every time Michael Saylor buys, the market seems to go up! 😅 Could it be magic? ✨ Or maybe he's just a Bitcoin wizard? 🧙♂️
Don't miss out! The Bitcoin train is moving fast! 🚂🚀 #ToTheMoon
BREAKING NEWS: 🚨US GOVERNMENT INVOLVEMENT? 🚨
🔥 Could $FTM become the US government's blockchain of choice? Fantom’s unmatched scalability, ultra-fast transactions, and cutting-edge Lachesis consensus are sparking explosive chatter! 💼✨ Imagine its power driving secure CBDCs, global supply chains, and data management at a national scale! 🌟
Could $FTM rocket past $10? 🚀
#x10 #ftm #trump #US_GOVERMENT
🔥 Could $FTM become the US government's blockchain of choice? Fantom’s unmatched scalability, ultra-fast transactions, and cutting-edge Lachesis consensus are sparking explosive chatter! 💼✨ Imagine its power driving secure CBDCs, global supply chains, and data management at a national scale! 🌟
Could $FTM rocket past $10? 🚀
#x10 #ftm #trump #US_GOVERMENT
Bitcoin Price May Hit $800,000 by 2025’s End
Speculation arises over Bitcoin's future as Donald Trump, if re-elected, could declare it a U.S. reserve asset via executive order, backed by the proposed "Dollar Stabilization Act."
This move, paired with the Bitcoin Act of 2024 advocating for the U.S. Treasury to purchase 200,000 $BTC annually, may significantly drive demand.
Experts like Perianne Boring and PlanB predict Bitcoin's price could soar to $800,000–$1 million by late 2025, fueled by capped supply and increased institutional interest.
BlackRock’s advocacy for a 1–2% Bitcoin portfolio allocation further suggests Bitcoin's potential to reshape global reserve assets, valued at $900 trillion.
DON'T SELL YOUR BITCOIN. BUY, HOLD YOUR BITCOIN!
#bitcoin #trump #15_Trillion
Speculation arises over Bitcoin's future as Donald Trump, if re-elected, could declare it a U.S. reserve asset via executive order, backed by the proposed "Dollar Stabilization Act."
This move, paired with the Bitcoin Act of 2024 advocating for the U.S. Treasury to purchase 200,000 $BTC annually, may significantly drive demand.
Experts like Perianne Boring and PlanB predict Bitcoin's price could soar to $800,000–$1 million by late 2025, fueled by capped supply and increased institutional interest.
BlackRock’s advocacy for a 1–2% Bitcoin portfolio allocation further suggests Bitcoin's potential to reshape global reserve assets, valued at $900 trillion.
DON'T SELL YOUR BITCOIN. BUY, HOLD YOUR BITCOIN!
#bitcoin #trump #15_Trillion
🚀 $LINK & $AAVE : Latest updates 🔥🔥
The crypto world is on fire as Chainlink (LINK) and Aave (AAVE) surge, driven by a game-changing $1M investment in each token by Donald Trump’s firm, World Liberty Financial.
This comes as part of a $5M swap into Ethereum (ETH), LINK, and AAVE, boosting ETH holdings to $55M. Following the news, both tokens soared 📈 by over 15%, reigniting investor confidence.
Chainlink is on a bullish🟢, breaking resistance between $27.32 and $28.26. With indicators like a "Golden Cross" ✨ and rising RSI 📊, LINK could climb to $34.39, and a strong close above $40 may pave the way to a jaw-dropping 3-digit ATH ($100+).
Meanwhile, Aave is following suit 🏹, nearing the $516-$566 resistance zone. Its weekly RSI just hit a historic high 🆙, and an upcoming Golden Cross might push AAVE past its ATH of $668, aiming for the coveted $1000 milestone during the next Altseason.
Trump’s bold investment has sent shockwaves 🌟 through the market, making now the perfect moment to stock up on LINK and AAVE. These tokens are positioned to redefine portfolios, promising huge gains for savvy investors 💰.
👉 Don’t miss out—ride the wave 🌊 and grab LINK and AAVE before the next explosive breakout!
The crypto world is on fire as Chainlink (LINK) and Aave (AAVE) surge, driven by a game-changing $1M investment in each token by Donald Trump’s firm, World Liberty Financial.
This comes as part of a $5M swap into Ethereum (ETH), LINK, and AAVE, boosting ETH holdings to $55M. Following the news, both tokens soared 📈 by over 15%, reigniting investor confidence.
Chainlink is on a bullish🟢, breaking resistance between $27.32 and $28.26. With indicators like a "Golden Cross" ✨ and rising RSI 📊, LINK could climb to $34.39, and a strong close above $40 may pave the way to a jaw-dropping 3-digit ATH ($100+).
Meanwhile, Aave is following suit 🏹, nearing the $516-$566 resistance zone. Its weekly RSI just hit a historic high 🆙, and an upcoming Golden Cross might push AAVE past its ATH of $668, aiming for the coveted $1000 milestone during the next Altseason.
Trump’s bold investment has sent shockwaves 🌟 through the market, making now the perfect moment to stock up on LINK and AAVE. These tokens are positioned to redefine portfolios, promising huge gains for savvy investors 💰.
👉 Don’t miss out—ride the wave 🌊 and grab LINK and AAVE before the next explosive breakout!
Sonic (Fantom) Mainnet Launched
Fantom Foundation $FTM has officially rebranded to Sonic Labs ahead of the launch of its new Layer 1 blockchain, Sonic
🚀$FTM 🚀🚀🚀
On December 3rd, Sonic Labs (formerly Fantom) announced that its mainnet has generated the first block, marking the completion of the "Genesis" phase, Sonic Labs has completed the snapshot for the S token airdrop distribution, supporting a 1:1 exchange with Fantom's FTM token, and introduced Sonic Gateway to enable cross-chain bridging functionality. 🎉
What is Fantom? 🤔
Fantom is a super-fast, scalable, and secure blockchain powered by its unique Lachesis consensus algorithm. It's like the flash of blockchains, processing transactions in the blink of an eye, perfect for decentralized apps (dApps) and enterprises looking for speed. ⚡
Key Features of Fantom Mainnet:
⚡Lightning-Fast Transactions: Thanks to Lachesis, transactions are faster than your morning coffee.
🏗️Scalability: Fantom can handle tons of transactions, making it perfect for large-scale applications.
🔒Top-Notch Security: Think Fort Knox, but for your crypto. Fantom uses encryption and multi-party computation to keep everything safe.
What’s Next? 👀
This mainnet launch is just the start! The Fantom team has big plans:
💰DeFi Integration: Fantom will team up with DeFi protocols for seamless interactions across blockchain ecosystems.
🎨NFT Support: Creators, get ready! Fantom will support minting and trading unique digital assets.
🏢Enterprise Adoption: Fantom’s scaling solutions are set to help businesses and organizations go blockchain-ready.
In short, Fantom’s got the SPEED (10k TPS), security, and scalability to shake up the blockchain world. Take it now 🚀
$FTM
Fantom Foundation $FTM has officially rebranded to Sonic Labs ahead of the launch of its new Layer 1 blockchain, Sonic
🚀$FTM 🚀🚀🚀
On December 3rd, Sonic Labs (formerly Fantom) announced that its mainnet has generated the first block, marking the completion of the "Genesis" phase, Sonic Labs has completed the snapshot for the S token airdrop distribution, supporting a 1:1 exchange with Fantom's FTM token, and introduced Sonic Gateway to enable cross-chain bridging functionality. 🎉
What is Fantom? 🤔
Fantom is a super-fast, scalable, and secure blockchain powered by its unique Lachesis consensus algorithm. It's like the flash of blockchains, processing transactions in the blink of an eye, perfect for decentralized apps (dApps) and enterprises looking for speed. ⚡
Key Features of Fantom Mainnet:
⚡Lightning-Fast Transactions: Thanks to Lachesis, transactions are faster than your morning coffee.
🏗️Scalability: Fantom can handle tons of transactions, making it perfect for large-scale applications.
🔒Top-Notch Security: Think Fort Knox, but for your crypto. Fantom uses encryption and multi-party computation to keep everything safe.
What’s Next? 👀
This mainnet launch is just the start! The Fantom team has big plans:
💰DeFi Integration: Fantom will team up with DeFi protocols for seamless interactions across blockchain ecosystems.
🎨NFT Support: Creators, get ready! Fantom will support minting and trading unique digital assets.
🏢Enterprise Adoption: Fantom’s scaling solutions are set to help businesses and organizations go blockchain-ready.
In short, Fantom’s got the SPEED (10k TPS), security, and scalability to shake up the blockchain world. Take it now 🚀
$FTM
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