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coinpedia 2024-05-18 05:48:24

Fantom Foundation Introduces Sonic Network

The post Fantom Foundation Introduces Sonic Network appeared first on Coinpedia Fintech News The Fantom Foundation has announced Sonic Network, a new layer-1 blockchain connected to Ethereum through a native cross-chain bridge. FTM token holders can migrate to Sonic’s $S token at a 1:1 ratio, representing Fantom 2.0. Additionally, the Sonic chain pledges to provide improved performance with 2,000 TPS and single-second finality. Fantom will also support the …

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