The Sonic Foundation has officially announced the launch of $SONIC, the native token designed to power the Sonic SVM (Solana Virtual Machine) and the Multi-SVM Ecosystem built on the groundbreaking Sonic HyperGrid architecture. This move marks a significant step toward the mainnet launch of the Sonic SVM, a platform designed to tackle scalability, cost, and customization challenges in blockchain and Web3 applications.

The Sonic SVM combines Solana’s high-performance blockchain with the HyperGrid’s horizontal scaling, offering exceptional transactions per second (TPS) and cost-efficiency — ideal for on-chain gaming and decentralized apps. One of its most unique features is the integration of the TikTok App Layer, which aims to onboard billions of Web2 users into the Solana ecosystem and accelerate the adoption of decentralized applications.

$SONIC Tokenomics and Utility

The total supply of $SONIC is capped at 2.4 billion tokens, with strategic allocations designed to drive long-term growth, community engagement, and network security:

  • 15% for early circulation at TGE.
  • 57% for the Sonic SVM Community, including ecosystem development, exclusive airdrops, and validator rewards.
  • 8% for early supporters, with a 12-month cliff and 24-month vesting.
  • 15% for investors, with similar vesting terms.
  • 20% for the Foundation, including the team and advisors.

$SONIC serves multiple purposes within the Sonic ecosystem, including being a payment currency for transactions, a staking reward token, and a governance tool enabling community participation. Validators and delegators will also earn rewards through $SONIC by securing the Sonic HyperGrid, ensuring stability and decentralization across the network.

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TGE and Airdrop Details

The highly anticipated $SONIC Token Generation Event (TGE) is scheduled for January 7, 2025. Eligible users can claim and stake their tokens following the TGE, with the eligibility checker going live on January 3, 2025. Additionally, 7% of $SONIC has been allocated for the Initial Claim through an airdrop, rewarding early supporters and contributors.

Looking Ahead

The Sonic SVM Mainnet is set for Q1 2025, with the introduction of key services like bridges, DEX, and the SonicX TikTok integration. Future phases will focus on HyperGrid optimization, $SONIC staking, and expanding the ecosystem with new on-chain games and decentralized applications.

As the $SONIC TGE approaches, excitement is building around Sonic’s potential to reshape the blockchain landscape, bringing enhanced scalability and real-world adoption to Web3 and gaming.
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