
Fantom (FTM) migrated to Sonic (S) on Busha.
We’re thrilled to announce that SONIC (S), the revolutionary token powering the Sonic blockchain—a high-speed, EVM-compatible Layer 1 network—is now live on Busha! Sonic redefines blockchain scalability and efficiency, offering developers and users lightning-fast transactions, sub-second finality, and seamless migration from Fantom (FTM). With a $200 million Innovator Fund and groundbreaking features like Fee Monetization, Sonic is poised to dominate decentralized finance (DeFi), gaming, and NFTs.
What is Sonic (S)?
Sonic (S) is the native token of the Sonic blockchain, a next-generation Layer 1 network designed to eliminate scalability bottlenecks. By migrating from Fantom (FTM) to its own blockchain, Sonic now delivers unmatched performance:
- 10,000 TPS: Process transactions faster than Ethereum, Solana, or Fantom.
- Sub-Second Finality: Transactions confirmed in <1 second.
- EVM Compatibility: Deploy Ethereum dApps effortlessly.
- Fee Monetization: Developers earn 90% of fees generated by their dApps.
- Sonic Gateway: Secure cross-chain bridging between Ethereum and Sonic.
Why Sonic (S) Matters
Sonic isn’t just an upgrade—it’s a leap forward. Here’s why it’s a game-changer:
- Scalability for Mass Adoption: Handles 800M daily transactions, ideal for global DeFi and gaming.
- Cost Efficiency: Fees are a fraction of legacy blockchains.
- Community Governance: Token holders vote on network upgrades.
- Innovator Fund: $200M allocated to developers building tools, dApps, and infrastructure.
Migration from Fantom (FTM) to Sonic
Originally launched on Fantom (FTM), Sonic transitioned to its own blockchain in August 2024 to unlock its full potential. The migration, finalized in December 2024, included:
- Seamless Token Swap: FTM holders exchanged tokens for $SONIC (S) via a dedicated portal.
- $200M Airdrop: Rewarded early adopters who migrated from Fantom.
- Mainnet Launch: Now live with 10,000 TPS and the Sonic Gateway for cross-chain interoperability.
How to Buy $SONIC (S) on Busha
Ready to join the Sonic Revolution? Here’s your quick guide:
- Open the Busha App: Log in or sign up in seconds.
- Search for $SONIC: Find the token using the search bar.
- Deposit Funds: Use Busha Connect on your Busha wallet.
- Buy $SONIC: Secure your stake in the fastest Layer 1.
- HODL or Trade: Stake for rewards, govern the network, or tap into DeFi yields.
Sonic’s Vision: Beyond Fantom
With its mainnet live, Sonic is now a standalone powerhouse. Key milestones include:
- Sonic Gateway: Bridge assets between Ethereum and Sonic securely.
- Fail-Safe Mechanism: Ensures cross-chain transactions are irreversible.
- Fast Lane: Priority processing for high-value transfers.
Conclusion
Sonic (S) isn’t just a token—it’s the backbone of a blockchain built for speed, scalability, and community-driven innovation. By migrating from Fantom (FTM), Sonic has cemented its position as a leader in Web3 infrastructure. Whether you’re a developer, investor, or DeFi enthusiast, $SONIC offers unparalleled opportunities.
Migrate, buy, and deposit $SONIC on Busha today—your gateway to the future of blockchain.
Disclaimer
Cryptocurrencies like $SONIC are volatile and involve risks. While Sonic’s advanced tech and migration plan mitigate some risks, market fluctuations and regulatory changes may impact value. Always research thoroughly and invest responsibly.
Resources
Website: Sonic Network
Whitepaper: Sonic Tokenomics
X (Twitter): @SonicLabs