Odaily Planet Daily reports that the original Fantom team’s Layer 1 public chain Sonic states that it plans to promote the upgrade of the native token S’s value accumulation mechanism through self-built and acquired core protocol applications and infrastructure, and hints at potential mergers and acquisitions in the future.
In a recent statement, Sonic Labs pointed out that the team will focus on key infrastructure that intersects token utility, liquidity, and use cases, reducing value outflow from the ecosystem application layer through internalization and commercialization of core economic activities. At the same time, Sonic will remain open and permissionless for developers.
The team stated that the previous model relying on “user growth—transaction increase—gas consumption rise—token value recirculation” has become unsustainable. With the development of Rollups, modular architectures, and high-performance public chains, the increase in blockchain space supply has led to continuous compression of transaction fees, and relying solely on gas revenue is no longer sufficient to support long-term value for Layer 1.
Sonic is an EVM-compatible high-performance public chain aiming to achieve near-instant confirmation and extremely high throughput. It is currently attempting to reshape the value capture path of Layer 1 through deeper ecosystem integration.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Golden Afternoon News | Important Midday Updates on March 24
Spain arrests suspect in Ledger co-founder kidnapping case, Aave v4 receives nearly unanimous support to proceed with mainnet deployment, while Russia allows Bitcoin and other cryptocurrencies to enter the market, and multiple central banks will increase gold holdings to address geopolitical risks.
金色财经_4m ago
H100 eyes Europe’s largest bitcoin treasury with 3,500 BTC in proposed acquistions
H100 Group plans to acquire Norwegian firms Moonshot AS and Never Say Die AS to triple its bitcoin holdings to around 3,500 BTC. This all-share deal aims to enhance H100’s institutional presence and liquidity while minimizing dilution for existing shareholders.
CoinDesk7m ago
Swift Blockchain Push Signals Shift To 24 Seven Cross Border Payments
_Swift confirms 25+ banks will launch blockchain based 24/7 cross border payments by June using real time settlement infrastructure_
Swift Blockchain Push Signals Shift To 24/7 Cross Border Payments as the network confirms new rollout plans.
More than 25 banks will go live by June, advancing c
LiveBTCNews8m ago
The Futarchy of Privacy: Umbra's Fit in a Private Crypto World
The essay discusses the need for "Verifiable Privacy" in professional trading, highlighting Umbra's unique technical approach and performance-based tokenomics. It notes the privacy sector’s strong growth and upcoming catalysts for Umbra’s expansion.
CoinDesk11m ago
