Exploring Sonic Chain – Key Insights from LBank X Live With Sonic Labs

Sonic is an EVM L1 with a confirmation time of about 1 second and an average transaction cost of less than $0.01. It has emerged as a blockchain solution focused on increasing speed and scalability. Furthermore, one of the primary goals of this project is to improve user experience in decentralized finance (DeFi). 

Sonic Labs is transitioning from the Fantom project and produced its Genesis Block on December 2, 2024. During a recent X Live discussion with LBank as the host, Matt, a representative from Sonic Labs, provided deep insights into the project’s origins, its technology, and the roadmap ahead. The conversation covered the motivation behind Sonic Labs and the initiatives designed to attract developers and users to its ecosystem.