The AtlantisOnSonic DeFi platform, operating on the Sonic blockchain, has completed a public sale for its $AQUA token, raising 3 million $S within 48 hours. The sale was oversubscribed by 35% and offered a 608% APR for $xAQUA and Sonic Labs gems rewards. The $AQUA token's circulating market capitalization reached $1.2 million, with the fundraising scheduled to close on June 4, 2025. Over 900 participants joined the sale, which is set to list at a 15% higher price. AtlantisOnSonic was ranked among the top 50 on the Kaito Pre-TGE leaderboard, and its fully diluted valuation remains 15 times lower than ShadowOnSonic. SynapGG, the first project to launch via AtlantisOnSonic, transitioned from virtuals_io. The platform's public sale marks a notable event in the Sonic ecosystem, with SynapGG as the initial launchpad project. Elsewhere, the SOLACE project, a previous Virtuals hackathon winner, reached a $36 million market capitalization and set a record of 11,480 daily active wallets on Virtuals Genesis. Plasma Foundation also announced its $XPL token public sale on Sonar, with 10% of the supply (valued at $500 million FDV) allocated for sale, opening on June 9, 2025.