ChainCatcher news, regarding the proposal to restore the 70 billion CRO that were destroyed, which was voted through by Cronos, Sonic co-founder Andre Cronje (AC) posted on the X platform questioning and mocking: "Tomorrow, Cronos's market cap will rise from $2.5 billion to $8.5 billion, with just one vote, and this only requires one voter. 1. Market cap is a meme. 2. Decentralization doesn't matter until it matters. 3. Immutability doesn't matter until it matters."Previous news, the proposal to restore the 70 billion CRO by Cronos was voted through, raising questions in the community during the voting process.

ChainCatcher message, Pendle yield enhancement protocol Equilibria announced on platform X that it has expanded to the Sonic ecosystem.

According to ChainCatcher news and DefiLlama data, Sonic's total value locked (TVL) has surpassed 1 billion dollars, reaching 1.086 billion dollars. This data includes the rewards/liquidity from the lent and staked assets in the lending protocol.

ChainCatcher news, according to Cointelegraph, CryptoRank data shows that BNB Chain's application revenue reached a record $16.5 million in February, with Sonic at $3.8 million. Ethereum and Solana saw significant declines, dropping by over 30% and 50% respectively.

ChainCatcher news, encrypted KOL 0xDesigner posted on platform X that he had a heated argument with Multicoin managing partner Kyle Samani, who almost resorted to physical violence.In response, Sonic Labs co-founder Andre Cronje stated: "The first and only time I presented a product to a VC was to Kyle Samani. After the call, he thought I would not become a great builder and should stop trying to be a founder. The words were heartbreaking, and it took me some time to recover. But now I have succeeded, and the code I wrote plays a significant role in five unicorn projects, so there’s no need to pay too much attention to Kyle Samani; just focus on building cool things."

ChainCatcher news, Trust Wallet has fully integrated the Sonic (S) public chain, allowing users to conveniently manage their assets on the Sonic chain within the wallet, including sending, receiving, and storing the native S token and tokens issued based on Sonic. This integration not only optimizes the user experience of Trust Wallet but also enhances the interoperability of the Sonic ecosystem, expanding its application scenarios in the DeFi field.Sonic is a next-generation Layer-1 blockchain created by DeFi pioneer Andre Cronje and his team, inheriting the technical advantages of the Fantom ecosystem, featuring high throughput, low transaction costs, EVM compatibility, and supporting final confirmations in less than a second, with a TPS of up to 10,000, specifically designed for DeFi, blockchain games, and innovative financial applications.Trust Wallet, as a non-custodial wallet, supports 140 public chains and has achieved 200 million downloads. This integration not only accelerates the expansion of the Sonic ecosystem but also solidifies Trust Wallet's position in the crypto market. Through this collaboration, Trust Wallet users will be able to seamlessly experience DeFi protocols and new digital assets within the Sonic ecosystem, further broadening the application boundaries of decentralized finance.

ChainCatcher news, according to The Block, Aave has deployed a lending market on Sonic, a high-performance blockchain evolved from Fantom. This is Aave's first Layer 1 expansion this year, marking another step forward in its cross-chain expansion efforts.

According to ChainCatcher news, the Bitcoin Layer 2 ecosystem team Bitlayer announced a strategic partnership with five public chains and protocols, including Base, Starknet, Arbitrum, Sonic, and Plume Network, to promote the integration and deployment of BitVM Bridge and the integration of ecological protocols, providing users with a secure and highly scalable multi-chain experience for BTC assets, and unlocking trillions of dollars in liquidity from the Bitcoin ecosystem for the Base, Starknet, Arbitrum, Sonic, and Plume Network ecosystems.It is reported that BitVM Bridge is a trust-minimized BTC bridge developed by Bitlayer, characterized by high security, support for native yield, and programmability.

ChainCatcher news, according to the Sonic SVM announcement, the Layer 2 scaling network Mobius mainnet based on the Solana Virtual Machine (SVM) is officially online, aimed at enhancing Solana's scalability and providing a dedicated computing layer for high-frequency applications such as DeFi and GameFi.Sonic SVM adopts the HyperGrid framework, maintaining full compatibility with the Solana ecosystem while reducing transaction costs, cutting transaction fees by 50% compared to the Solana mainnet, and offering millisecond-level RPC responses. In addition, Sonic SVM has launched a mainnet reward program totaling 2.4 million $SONIC, as well as a $1 million hackathon, encouraging developers to deploy applications on Mobius. The first season of Mobius activities is now open and will last until April 10, allowing developers and users to enter the Sonic SVM ecosystem, experience on-chain games and DeFi applications, and earn rewards.

ChainCatcher news, according to the official announcement, Binance has added Sonic (S) and Test (TST) as lendable assets on the platform as of February 26, 2025.Among them, Sonic (S) has been added to Binance Loans (Flexible Rate) products, while Test (TST) has been added to the VIP Loan service.

ChainCatcher news, according to DefiLlama data, the net inflow of funds to the Berachain cross-chain bridge in the past 7 days reached $85.47 million, ranking first among all public chains. Following are Base and Sonic, with net inflows of $48.28 million and $37.98 million, respectively. Ethereum, Avalanche, and BSC saw net outflows of $135 million, $110 million, and $58 million, respectively.

ChainCatcher news, CoinGecko data shows that Sonic's on-chain TVL has reached 700 million USD, with a 24-hour trading volume of 495 million USD, an increase of 53.3%.

ChainCatcher message, Sonic co-founder Andre Cronje posted on X platform stating that Sonic's vision for this year is quite simple:Fee monetization (90% of the fees will go to the application, rather than validators and MEV)Fee subsidies (eliminating the fee barrier for users to enter)Dynamic fees (applications can set fees for users)Native economy and account abstraction (no need for wallets or fees)The above content mainly involves two points:Making it as easy as possible for users to try out applications launched on Sonic (removing all barriers to entry and usage)Helping our application developers earn significant revenue.

ChainCatcher message, Telegram trading bot Banana Gun announced today that its trading volume on Sonic has for the first time exceeded its trading volume on public chains such as Solana, Base, BNB, and ETH.

ChainCatcher news, according to CoinGecko data, the Sonic ecosystem DeFi token SHADOW has risen over 11% in the last 24 hours, currently priced at $171.40.As of the time of publication, SHADOW's market capitalization is reported at $37.98 million, with a 24-hour trading volume of $21.21 million.According to Andre Cronje, founder of Sonic Labs, the project positioning and token model of SHADOW is x(3,3), which improves upon the ve(3,3) model, allowing holders to earn fee income without needing to lock up their tokens, while locking xSHADOW can yield more incentives.