SONIC LABS SAYS ITS LAYER-1 BLOCKCHAIN WILL GO PUBLIC ‘SOON'

Summary from the TLDR Crypto newsletter

Sonic Labs has announced that its speed-focused, EVM-compatible L1 blockchain, Sonic, will launch publicly soon. Positioned as a successor to the Fantom Opera network, Sonic offers low-latency, reduced transaction fees, and developer incentives. Sonic Labs plans to airdrop 200M “S” tokens to users and enable staking on its proof-of-stake mechanism.