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
BTQ Deploys First Bitcoin Quantum Testnet With BIP-360
_BTQ launches Bitcoin Quantum testnet with BIP 360, introducing Pay to Merkle Root and enabling quantum resistant transaction testing._
BTQ Technologies has launched a new step in Bitcoin-focused research with a working quantum test environment.
The company confirmed that it deployed Bitcoin I
LiveBTCNews5h ago
Bounce launches the prediction market product Bounce Predict, with the first application scenario being Sotheby's auction.
Gate News reported that on March 22, Bounce officially launched its new ecosystem product Bounce Predict. The product is positioned as a prediction market platform for auction scenarios. It has currently opened prediction markets for an upcoming Sotheby's auction, where users can use USDT to make price predictions on auction results.
GateNews6h ago
Visa Launches CLI Tool to Help AI Agents Make More Secure Card Payments
Visa Crypto Labs has launched a CLI tool that allows AI agents to securely perform card payments without requiring API keys, reducing the risk of unauthorized transactions and protecting user finances. The tool is currently in beta and reflects Visa's commitment to advancing AI-era digital payments.
TapChiBitcoin8h ago
Resolv Labs Pauses Protocol After $23M Exploit Triggers USR Stablecoin Depeg
Resolv Labs halted its decentralized finance ( DeFi) protocol early Sunday morning after an exploit allowed an attacker to mint tens of millions of unbacked USR stablecoins, sending the token sharply off its dollar peg.
What Caused the Resolv Labs Hack and USR Depeg?
The incident struck the Resol
Coinpedia10h ago
GMX Labs is publicly recruiting a CEO, with a total annual compensation of up to approximately $700,000.
GMX Labs approved a leadership structure upgrade proposal through DAO voting on March 22nd, with 96.42% support. The proposal aims to address team expansion and market competition, accelerating the shift toward a traditional leadership model. It plans to publicly recruit a CEO responsible for strategy development and partnerships, with a salary of $150,000 to $200,000, supplemented by performance incentives linked to protocol fees. During the transition period, operations will be maintained by a temporary leadership committee.
GateNews10h ago
