↝ Fantom evolves into Sonic: A Transformation Aimed at High-Speed Blockchain

Sonic, the rebranded name for Fantom, undergoes a series of developments. It lead to various reflections on price predictions and whether or not the rebrand boosted its momentum. Uniswap, Tezos, and Fantom's traditional price analyses were comprehensively observed and a possible resurgence of the Sonic crypto was considered. Its Layer-1 upgrade was investigated, while issues related to Multichain's $200M exploit towards Fantom were debated further. In a move to enhance speed and scalability, Fantom transformed to Sonic, and concurrently, Fantom and Wormhole deployed Circle’s Bridged USDC Standard, hinting towards future native deployment. Alongside this, Fantom's rebranded blockchain Sonic Labs launched their testnet. Crypto.com and Bybit declared their support for Fantom's token swap and transition to Sonic. Lastly, Fantom's staking system was briefly halted during Sonic's mainnet launch, and Fantom was in a challenging situation before the token swap. Post-rebrand, Sonic has a new focus on a high-speed blockchain.

Fantom News Analytics from Wed, 20 Jun 2018 07:00:00 GMT to Thu, 29 Jan 2026 18:09:52 GMT - Rating -1 - Innovation 6 - Information 6 - Rumor -4