{"id":18373,"date":"2025-01-08T18:00:59","date_gmt":"2025-01-08T18:00:59","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2025\/01\/08\/sonic-svm-debuts-sonic-token-now-trading-on-exchanges\/"},"modified":"2025-01-08T18:00:59","modified_gmt":"2025-01-08T18:00:59","slug":"sonic-svm-debuts-sonic-token-now-trading-on-exchanges","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2025\/01\/08\/sonic-svm-debuts-sonic-token-now-trading-on-exchanges\/","title":{"rendered":"Sonic SVM Debuts $SONIC Token, Now Trading on Exchanges"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Solana-based Layer-2 network <a href=\"https:\/\/x.com\/sonicsvm\" target=\"_blank\" rel=\"noopener\">Sonic SVM<\/a> has officially launched its native token, $SONIC, on Tuesday.<\/p>\n<p>The token generation event occurred on January 7, 2025, at 12:00 PM UTC, enabling $SONIC to commence trading on various <a href=\"https:\/\/nftplazas.com\/virtual-blockchain-worlds\/cryptocurrency\/\" target=\"_blank\" rel=\"noopener\">cryptocurrency<\/a> exchanges.<\/p>\n<p>This launch is particularly noteworthy for players of <a href=\"https:\/\/nftplazas.com\/tiktok-gamers-to-receive-airdrop\/\" target=\"_blank\" rel=\"noopener\">SonicX,<\/a> a TikTok-based tap-to-earn game developed by Sonic SVM, who are set to receive airdropped tokens as rewards for their in-app progress.<\/p>\n<figure id=\"attachment_78078\" aria-describedby=\"caption-attachment-78078\" style=\"width: 800px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-78078\" class=\"wp-caption-text\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-78078 size-full lazyload\" src=\"https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/01\/sonic-svm-debuts-sonic-token.webp\" alt=\"What is Sonic SVM?\" width=\"800\" height=\"448\" srcset=\"https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/01\/sonic-svm-debuts-sonic-token.webp 800w, https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/01\/sonic-svm-debuts-sonic-token-300x168.webp 300w, https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/01\/sonic-svm-debuts-sonic-token-768x430.webp 768w, https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/01\/sonic-svm-debuts-sonic-token-370x207.webp 370w, https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/01\/sonic-svm-debuts-sonic-token-760x426.webp 760w, https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/01\/sonic-svm-debuts-sonic-token-270x152.webp 270w\" sizes=\"(max-width: 800px) 100vw, 800px\"\/><\/noscript> Source: Sonic SVM<\/figcaption><\/figure>\n<h2><strong>What is Sonic SVM?<\/strong><\/h2>\n<p>Sonic SVM is the first Solana Virtual Machine (SVM) network extension built on Solana, focusing on gaming and applications.<\/p>\n<p>It utilizes the Sonic HyperGrid framework to orchestrate optimistic Solana rollups, enhancing scalability and performance for decentralised gaming ecosystems.<\/p>\n<p>By integrating with platforms like TikTok through applications such as SonicX, Sonic SVM aims to seamlessly onboard web2 users into the <a href=\"https:\/\/nftplazas.com\/solana-guide-2024\/\" target=\"_blank\" rel=\"noopener\">Solana<\/a> and web3 ecosystem, providing a bridge between traditional social media platforms and blockchain-based gaming.<\/p>\n<figure id=\"attachment_78076\" aria-describedby=\"caption-attachment-78076\" style=\"width: 800px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-78076 size-full lazyload\" src=\"https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/01\/sonic-svm-debuts-sonic-token-now-trading-on-exchanges.webp\" alt=\"$SONIC Token Now Live on Exchanges\" width=\"800\" height=\"448\"\/><figcaption id=\"caption-attachment-78076\" class=\"wp-caption-text\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-78076 size-full lazyload\" src=\"https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/01\/sonic-svm-debuts-sonic-token-now-trading-on-exchanges.webp\" alt=\"$SONIC Token Now Live on Exchanges\" width=\"800\" height=\"448\" srcset=\"https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/01\/sonic-svm-debuts-sonic-token-now-trading-on-exchanges.webp 800w, https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/01\/sonic-svm-debuts-sonic-token-now-trading-on-exchanges-300x168.webp 300w, https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/01\/sonic-svm-debuts-sonic-token-now-trading-on-exchanges-768x430.webp 768w, https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/01\/sonic-svm-debuts-sonic-token-now-trading-on-exchanges-370x207.webp 370w, https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/01\/sonic-svm-debuts-sonic-token-now-trading-on-exchanges-760x426.webp 760w, https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/01\/sonic-svm-debuts-sonic-token-now-trading-on-exchanges-270x152.webp 270w\" sizes=\"(max-width: 800px) 100vw, 800px\"\/><\/noscript> Source: Sonic SVM<\/figcaption><\/figure>\n<h2><strong>$SONIC Token Launch and Airdrop Details<\/strong><\/h2>\n<p>The $SONIC token serves as the backbone of Sonic SVM\u2019s ecosystem, facilitating staking, payments, and governance within the platform.<\/p>\n<p>The total supply of $SONIC is capped at 2.4 billion tokens, with 57% allocated to the community. As part of the launch, 7% of the total supply has been designated for an initial airdrop to early supporters, including SonicX players, node operators, and specific <a href=\"https:\/\/nftplazas.com\/what-are-nfts\/\" target=\"_blank\" rel=\"noopener\">NFT<\/a> holders. Eligible participants have two options for claiming their tokens:<\/p>\n<ol>\n<li style=\"list-style-type: none;\">\n<ol>\n<li style=\"list-style-type: none;\">\n<ol>\n<li><strong>Partial Claim with Vesting:<\/strong> Claim 60% of the allocation immediately, with the remaining 40% vested over six months, earning a 140% bonus on the vested amount.<\/li>\n<li><strong>Full Claim:<\/strong> Claim 100% of the allocation upfront, without any additional bonuses.<\/li>\n<\/ol>\n<\/li>\n<\/ol>\n<\/li>\n<\/ol>\n<p>The airdrop claim process has been available since January 3 and with the token generation event completed, $SONIC tokens are now tradable on multiple exchanges such as KuCoin, BitGet, BingX and more.<\/p>\n<p>The token has experienced significant volatility since its launch, with a 55% increase in the last 24 hours and a trading volume surge to $2.4 billion. At the time of writing, the $SONIC token is trading at approximately $0.85 USD according to data from CoinGecko.<\/p>\n<\/div>\n<p><a href=\"https:\/\/nftplazas.com\/sonic-svm-debuts-sonic-token-now-trading-on-exchanges\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana-based Layer-2 network Sonic SVM has officially launched its native token, $SONIC, on Tuesday. The token generation event occurred on January 7, 2025, at 12:00 PM UTC, enabling $SONIC to commence trading on various cryptocurrency exchanges. This launch is particularly noteworthy for players of SonicX, a TikTok-based tap-to-earn game developed by Sonic SVM, who are [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18374,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[16],"tags":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/nftplazas.com\/wp-content\/uploads\/2025\/01\/sonic-svm-debuts-sonic-token-social.webp","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/18373"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=18373"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/18373\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/18374"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=18373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=18373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=18373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}