Sonic Coin is not just another type of crypto—it represents the return of a once-promising platform now supercharged with game-changing technology and renewed vision.
The cryptocurrency world is witnessing the transformation of an almost forgotten blockchain. According to CryptoCoin, a financial analyst with over 330,000 YouTube subscribers, Sonic blockchain represents the rebranded version of Phantom, which once enjoyed popularity for its low fees and rapid transaction processing.
CryptoCoin explains that Phantom gradually lost its momentum during the bear market, eventually falling into near obscurity after its founder departed. However, what seemed like the end of another crypto project has instead become an inspiring comeback story.
Sonic Speed and Infrastructure Improvements
The newly rebranded Sonic blockchain is not just a cosmetic change. CryptoCoin highlights that Sonic aims to completely redefine the DeFi landscape with its highly efficient Ethereum Virtual Machine Layer 1 (EVM L1). The platform now boasts an impressive capability of processing 10,000 transactions per second.
“This technological overhaul wasn’t a random occurrence,” notes CryptoCoin in his analysis. The transformation was actually orchestrated by none other than Phantom’s original founder, Andre Cronje, who returned to breathe new life into the project.
A Strategic Marketing and Technical Push For Sonic Coin
Sonic Labs began its marketing campaign in December 2024, coinciding with the chain’s relaunch. CryptoCoin reports that the results were immediately impressive, with activity surging to 104,000 transactions and 15,000 active addresses shortly after launch.
The YouTube analyst also points out that the project has attracted attention from other significant figures in the blockchain space. Daniel Sesta, another prominent crypto developer, has publicly expressed intentions to launch projects on the revitalized chain, further enhancing Sonic’s credibility.
Read Also: Solana at a Crossroads: Can the $125 Support Prevent a Major Drop?
The major evidence of Sonic promise comes from its rapid accumulation of locked value. According to CryptoCoin, within just three months of its launch, Sonic is approaching $1 billion in Total Value Locked. This metric is particularly important as it demonstrates genuine user interest and confidence in the platform.
Follow us on X (Twitter) and Coinmarketcap for more real-time market updates.
The information provided on Web3parrot.com is for general informational purposes only and are opinions of the expert writers. They are not intended as financial, investment, or trading advice. Please do your own research and consult with a licensed financial advisor before making any financial decisions.