Gate News Bot Report, February 12 — According to CoinMarketCap data, at press time, S (Sonic) is trading at $0.05, up 20.82% in the past 24 hours, reaching a high of $0.05 and a low of $0.04. The 24-hour trading volume is $51.4 million. The current market cap is approximately $141 million, an increase of $24.3 million from yesterday.
Sonic is the most powerful performance EVM Layer 1 blockchain, integrating speed, incentive mechanisms, and world-class infrastructure. The network features true sub-second confirmation times, transaction speeds exceeding 400,000 transactions per second, and an average transaction cost of only $0.001.
The Sonic ecosystem includes core technological components such as SonicVM, SonicDB, and Sonic Gateway. SonicVM offers lightning-fast execution speeds and 100% EVM compatibility; SonicDB features low latency and low storage costs; Sonic Gateway serves as a native cross-chain bridge, audited by top institutions including OpenZeppelin, Certora, and Quantstamp.
The platform implements a fee tokenization mechanism, allowing developers to receive 90% of the fees generated by their applications. It has already integrated several leading DeFi protocols and ecosystem applications, including Silo, Equalizer Exchange, Beethoven X, and Curve.
Important Recent News about Sonic:
1️⃣ Advancement of Ecosystem Vertical Integration Strategy and Accelerated Core Application Deployment
Sonic Labs is pushing forward with a vertical integration strategy for core applications, aiming to strengthen ecosystem value through strategic acquisitions and application integration. This move helps improve the application layer foundation of the Sonic ecosystem, enhances overall platform competitiveness and user stickiness, and supports the long-term value of the S token.
2️⃣ Expansion of DeFi Ecosystem and Continuous Integration of Mainstream Protocols
The platform has successfully integrated several leading DeFi protocols, including Silo, Equalizer Exchange, Beethoven X, and Curve, demonstrating Sonic’s appeal as a high-performance blockchain for mainstream applications. A rich DeFi ecosystem matrix helps increase network usage and trading activity, further driving token value appreciation.
3️⃣ Enhanced Security Audits and Safety Measures
The Sonic Gateway cross-chain bridge has received certification from top security audit firms such as OpenZeppelin, Certora, and Quantstamp, establishing a strong trust foundation for users and developers. Comprehensive security audits help reduce perceived investment risks and attract more ecosystem participants to join the network.
This message is not investment advice. Please be aware of market volatility risks when investing.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
The crypto market generally rose, with the RWA sector up 2.46% in the past 24 hours.
On March 11, the cryptocurrency market generally rose, with the RWA sector up 2.46% and Pendle up 5.05%. Bitcoin remained above $69,000, while Ethereum fluctuated around $2,000. Multiple sectors such as AI and DeFi performed strongly, with Akash Network and River increasing by 20.88% and 20.65%, respectively.
GateNews9m ago
ARIA (AriaAI) increased by 30.03% in the past 24 hours
Gate News: On March 11, according to Gate market data, ARIA (AriaAI) is currently priced at $0.13, up 30.03% in the past 24 hours. It reached a high of $0.14 and a low of $0.07. The current market capitalization is approximately $39.9 million, an increase of $9.21 million compared to yesterday.
ARIA is an open-world mobile game project where players can earn rewards by playing and accelerate their ranking by minting ARIA Wishfont Pass. The project features a rich narrative background set on the continent of Nutania, telling the ancient war legend between the elves (Aria) and evil forces. The game consists of multiple unique characters, each with their own storylines. ARIA has received support from entities including Fish 8, PartyH
GateNews40m ago
Hyperliquid HIP-4 launches on the testnet, with plans to introduce a one-day expiration binary prediction market for BTC and HYPE.
Hyperliquid announced the official launch of HIP-4 on the testnet on March 11, introducing the first batch of cyclical binary options markets based on HyperCore's spot prices. The contract is fully collateralized, featuring nonlinear payoffs and expiration characteristics. Future plans include launching one-day expiration markets for BTC and HYPE, as well as multi-outcome markets. The network upgrade will expand the scope of portfolio margin applicability and set limits on the supply and lending of USDH.
GateNews47m ago
Meme coin MOLT's market cap surged to $12 million early this morning, then fell back 35%, with a 24-hour increase of 260%
The Base ecosystem Meme coin MOLT reached a market cap of $12 million on March 11, then retreated to $7.6 million, a 260% increase, with a trading volume of $15.1 million. The recent surge was influenced by Meta's acquisition of Moltbook, but investors should be cautious of the high volatility and lack of practical applications of Meme coins.
GateNews55m ago
Gate Daily (March 11): SEC and CFTC sign Memorandum of Understanding; US requests re-examination of Tornado Cash co-founders
Bitcoin (BTC) is currently maintaining a price of around $70,000. The Chairman of the U.S. Securities and Exchange Commission (SEC) announced that they will coordinate with the Commodity Futures Trading Commission (CFTC) for joint meetings regarding product applications. Additionally, the case of Tornado Cash co-founder Roman Storm will be retried. The market is volatile due to geopolitical influences, and investor sentiment is poor, but a significant decline in the short term is unlikely.
MarketWhisper1h ago
XAI (Xai) has increased by 20.45% over the past 24 hours, with a market capitalization of approximately $22.3 million.
Gate News Update, March 11, Gate Market Data shows that as of press time, XAI (Xai) is trading at $0.01, up 20.45% in the past 24 hours, with a 24-hour trading volume of $52.4 million. The current market capitalization is approximately $22.3 million, an increase of $3.79 million compared to yesterday.
GateNews1h ago
