Sonic Blockchain Surpasses $250M TVL, Aims to Lead in Transaction Speed

The Sonic blockchain has recently surpassed $250 million in total value locked (TVL), marking a major milestone fueled by its rebranding and increasing investor interest.

Sonic’s TVL reached $253 million on January 28, a 65% jump from $153 million recorded just two weeks prior. This growth follows the platform’s transition from Fantom to Sonic, which has revitalized its appeal among users.

Despite the rise in TVL, Sonic’s native token (S) has faced a challenging month, dropping over 41% to $0.43 as of the latest data. The token’s decline contrasts sharply with the blockchain’s rapid adoption and technical achievements.

Sonic positions itself as the fastest Ethereum Virtual Machine (EVM) blockchain, boasting a groundbreaking transaction finality of just 720 milliseconds. Unlike most networks, which require additional block confirmations to ensure transaction irreversibility, Sonic achieves this almost instantly. First demonstrated during its testnet in late 2024, this speed positions Sonic as a potential leader in blockchain performance if replicated on its mainnet.

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Currently, Sonic’s mainnet offers sub-second transaction finality with block times averaging 0.98 seconds, according to Chainspect. While Solana delivers faster block production at 0.4 seconds, its finality time lags at 12.8 seconds, giving Sonic a competitive edge in confirmation speed.

As Sonic continues to push boundaries in blockchain efficiency and scalability, its innovative approach and renewed investor interest signal its potential to become a frontrunner in the race for blockchain speed supremacy.

Alexander Zdravkov