
Sonic Labs has achieved a significant milestone by reaching $1 billion in Total Value Locked (TVL) within its platform in just 90 days, positioning itself as a leader in the DeFi sector. This growth has been fueled by the onboarding of major DeFi projects such as Aave, with a TVL of $242 million, and Pendle, with $80 million in TVL. The platform's stablecoin, $S, has seen its market cap rise to $409 million, marking a 21.94% increase over the past week. This growth is attributed to the integration of native $USDC, which is expected to further enhance the platform's liquidity. Additionally, stablecoins on Sonic have approached $400 million in value. Sonic Labs has also distributed fees to its applications, with Sacra receiving 114K $S, Shadow receiving 57.3K $S, Equalizer receiving 33.2K $S, SwapX receiving 29.6K $S, and WAGMI receiving 28.7K $S through the FeeM mechanism. Andre Cronje, a key figure in the Sonic ecosystem, has highlighted plans for a $200 million airdrop to reward and foster loyalty among users. Amidst this growth, the broader stablecoin market continues to expand, with the total supply surpassing $200 billion. This development coincides with discussions around the Stable Act, which could introduce a regulatory framework for stablecoins in the U.S., potentially bringing trillions in liquidity to the crypto market.















Stablecoin adoption is coming at us like a speeding train and along with it, tons of fresh liquidity, but most of CT is sleeping on it 🦗🦗 Ghibli filters are more important anyway 😏 https://t.co/XIt281kn1V
Stablecoins are heating up and no sings of slowing down! Stablecoins = mass adoption. Present day, cash has more utility than stablecoins. In a couple years, stablecoins > cash.
after years of brainless crypto narratives everyone is finally talking about stablecoins and how to get exposure https://t.co/46UI99b3pC