Sonic is facing a leadership shake-up at the worst possible moment for investor confidence. The protocol’s $S token dropped 7% after news broke that Michael Kong, Andre Cronje, and David Richardson are resigning from the Sonic Labs board, a trio...
Andre Cronje and two fellow founders have resigned from the Sonic Labs board, the company confirmed, as the S token trades near record lows. Matt Visser becomes the second chief executive in nine months.
Michael Kong and David Richardson stepped...
Fantom FTM rebranded to Sonic S in 2025. S price ~$0.047, ATH $0.635. FeeM, Flying Tulip, vertical integration strategy. Can S recover? Full 2026–2030 forecast.
Following Uniswap, Sonic Labs also announced a new token burn system for the S token. It was rebranded as Fantom Sonic.
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Sonic Labs pitched the proposal as a necessary break from its “2018 tokenomics,” which involved Fantom giving away most of its supply to the community.
This week’s top crypto airdrops feature Hedra’s privacy-focused blockchain, Sonic’s Layer-1 token launch, and OneFootball’s fan-driven OFC rewards. Early participation can unlock valuable tokens amid Bitcoin’s recent pullback.
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Sonic officially parted ways with Wintermute after the market maker dumped $857,000 in tokens, causing a price dip. Sonic implied that no foul play was involved, citing the return of loaned funds.
The post Sonic Price Drops 6% As Wintermute Offloads...
As per the data provided by CryptoRank, the prominent blockchain networks in terms of TVL growth include Unichain, Movement, EDU Chain, Proton, Fantom, and Hemi.
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