The main network of Sonic Labs has generated its first block and is expected to launch as scheduled in early December

Bitget2024/12/03 00:56

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According to reports, Sonic Labs has announced that its Layer 1 mainnet has generated its first block and will officially go live soon. The project has completed the S Token airdrop snapshot, with tokens $S exchangeable with Fantom's FTM at a 1:1 ratio. The goal of the Sonic mainnet is to process 10,000 transactions per second with a confirmation time of one second while introducing Ethereum bridging functionality to leverage its liquidity resources. The project is expected to launch as scheduled in early December.

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