The Sonic Foundation has introduced $SONIC, the utility token designed to fuel the growth of Sonic SVM and its multi-SVM ecosystem based on the Sonic HyperGrid architecture. This groundbreaking framework combines Solana’s powerful blockchain capabilities with horizontal scaling, solving major scalability, cost, and customization challenges for blockchain and Web3 applications.
Sonic SVM is the first Solana virtual machine chain built on Solana and leveraging HyperGrid’s horizontal scaling to address the scalability, customization and cost challenges of the blockchain. This technology enables high TPS, cost-efficient operations and near-instant state synchronization, setting new standards for on-chain gaming.
