Sonic is Sonic Labs, an EVM Layer-1 blockchain co-founded by Matt Visser, who serves as its Chief Executive Officer, and Kosta Kourkoumelis, who serves as its Chief Operating Officer. The network targets DeFi developers and its documentation states 400,000 TPS, sub-second finality, and compatibility with Solidity and Vyper. Its native token, the S token, is used for transaction fees, staking, running validators, and governance. Sonic's TwitterScore is 369 out of 1000.

Sonic completed a $10 million strategic sale of its S token to Galaxy, announced at Sonic Summit in Vienna in May 2025, targeting U.S. expansion and DeFi ecosystem development. It also announced a partnership with GSR to provide liquidity, strategic guidance, and full-stack support for the S token and the broader DeFi ecosystem. CMCC Global launched Resonance, a $25 million Sonic ecosystem fund focused on breakout protocols and founders in DeFi and consumer-facing apps.

Sonic launched on December 18, 2024, following migration incentives introduced in June 2024. Its documentation states that developers can earn 90% of the network fees their apps generate through Fee Monetization, the Innovator Fund allocates up to 200 million S to onboard apps and support new ventures, and an airdrop program allocates approximately 200 million S to incentivize users.

Sonic expanded its stablecoin infrastructure when native USDC and Circle CCTP V2 went live on May 13, 2025. The ecosystem also hosts USSD, a U.S. Treasury-backed stablecoin built on Frax's GENIUS-compatible frxUSD stablecoin infrastructure, with reserves described as fully backed 1:1 by short-duration USD assets held with regulated custodians, including tokenized U.S. Treasury products from BlackRock, Superstate, and WisdomTree.

Sonic announced in June 2026 that Michael Kong, Andre Cronje, and David Richardson had resigned from its board and would remain as advisors. It also noted that Cronje was not the founder of Fantom Foundation, having joined after its formation and been publicly identified as Technical Advisor in 2018 before later serving as a director and Chief Technology Officer of Sonic Labs. It confirmed that Fantom Opera, its legacy infrastructure, would remain live until at least the end of 2026, with the bridge funded regularly. Its related presences include Sonic Ecosystem and Sonic World.

Sonic's account @SonicLabs has 811,957 followers and 10,376 posts, ranking #739 out of 364,257 accounts tracked on this platform. It has been mentioned by 920 accounts, with 4,834 total mentions.

Sonic is associated with tracked holdings listed as Verona, LayerZero, Tankwars.zone, Gateway FM, Pieverse, SonicStrategy CSE SONI.CN OTC SONIF, Intu and Balthazar is now RWG.

Smart Followers

The accounts that follow Sonic include 1,060 founders, 188 angel investors, 1,073 influencers and 91 VCs, among them CZ BNB, Solana, Toly, ZachXBT, Ansem and Stani.