Sonic (S) is being hailed as the "golden standard" of layer-2 solutions by co-founder Andre Cronje, who claims it stands apart as the only fully decentralized stage 3 L2.
Unlike competitors that profit from high transaction fees, Sonic reportedly submits all transactions directly to Ethereum without centralized value extraction.
Cronje highlights Sonic’s decentralized sequencing and bridges, emphasizing that while other L2s claim to decentralize, they continue to collect millions in fees annually. Sonic, he argues, has already achieved what others are still pretending to pursue.
The network has also made significant technical advancements, scaling transactions to over 16,000 per second while reducing storage needs by 98%, even for archival nodes. Features like FeeM, FeeSub, and Dynamic Fees add further efficiency to the system.
Sonic is designed to optimize smart contract functionality for decentralized applications (dApps), making it a powerful tool for developers. To support its growing ecosystem, holders of FTM can swap their tokens for Sonic’s native S token at a 1:1 ratio.
These tokens will play an essential role in network operations, further cementing Sonic’s vision for a faster, more decentralized blockchain infrastructure.
Developer engagement across the Solana ecosystem has remained high over the past month, with core protocol development and infrastructure projects dominating GitHub activity, according to new data from crypto analytics firm Santiment.
Development trends across major blockchain networks show Cardano pulling ahead in core contributions, while Ethereum continues to dominate the broader ecosystem despite a drop in participation.
Ink, the Layer-2 network incubated by Kraken and built on Optimism’s Superchain framework, is suddenly buzzing with on-chain activity.
Solana is making its next major move—this time, not through memecoins, but national partnerships.