Odaily News: Sonic, a Layer 1 public chain built by the original Fantom team, announced plans to upgrade the value accumulation mechanism for its native token S by building and acquiring core protocol applications and infrastructure. It also hinted at potential related mergers and acquisitions in the future.
In its latest statement, Sonic Labs indicated that the team will focus on deploying key infrastructure at the intersection of token utility, liquidity, and use cases. By internalizing and commercializing core economic activities, it aims to reduce value leakage from the ecosystem's application layer. Meanwhile, Sonic will maintain its openness and permissionless nature for developers.
The team stated that the previous model relying on "user growth — increased transactions — higher Gas consumption — token value recycling" has become difficult to sustain. With the development of Rollups, modular architectures, and high-performance public chains, the increased supply of block space has led to continuously compressed transaction fees. Relying solely on Gas revenue is no longer sufficient to support the long-term value of an L1.
Sonic is a high-performance, EVM-compatible public chain aiming to achieve near-instant confirmation and extremely high throughput. It is currently attempting to reshape the value capture path for Layer 1 through deeper ecosystem integration.
