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.
Litecoin is taking a major leap into the world of DeFi and Web3 with the launch of LitVM, a newly introduced Layer-2 network designed to bring smart contract capabilities to the long-standing cryptocurrency.
Binance has announced its full technical support for an upcoming upgrade to the Siacoin (SC) blockchain, scheduled for June 6, 2025.
MetaMask is making a major leap beyond Ethereum by adding support for Solana, marking its first deep integration with a non-EVM blockchain.
A significant portion of Ethereum validators are backing a proposal to nearly double the network’s block gas limit—an adjustment that could boost Layer 1 throughput without requiring a protocol upgrade.