
Fantom Foundation's Sonic upgrade is set to revolutionize the blockchain landscape by processing over 2,000 transactions per second (TPS), significantly reducing storage costs, and enhancing security. The upgrade promises to unlock the future of high-frequency decentralized applications (DApps) and decentralized finance (DeFi). Sonic will feature 10,000 TPS, sub-1 second finality, and a Layer 2 bridge. Additionally, 90% of gas fees will be returned to applications, and the chain will offer incentives at the chain level. The Sonic Foundation will also manage a $500 million treasury. The upgrade aims to provide the best Ethereum tooling and integrations while operating much faster. Andre Crojne is involved in the project, which is more than just a rebranding.
$FTM SONIC 10k tps L2 bridge 90% of gas spent goes back to apps Subsecond finality Chain level incentives All of the best eth tooling and integrations 5 new defi primitives Sonic foundation 500m treasury Will look/feel like an eth L2 but "S" gas and much much faster.
10,000 TPS. Sub-1 second finality. Andre Crojne locked in. Fantom -> Sonic. No, it isn't just your average "rebranding" Bullish thesis on $S 🧵👇 https://t.co/S9B6Nuv3KH
Starknet Eth L2 can now do up to ~400 TPS since their big upgrade a few weeks ago. btw Solana hasn't ever done more than ~600 daily TPS in the past year and did ~400 TPS yesterday. https://t.co/EU1gahaNn7
