As an analyst with a background in blockchain technology and gaming industry, I’m thoroughly impressed by Sonic’s rapid growth since its testnet launch. The fact that it has already surpassed 100,000 unique wallets and processed over 17 million transactions within just a week is a remarkable achievement.
In simple terms, Sonic, which is Solana’s initial level 2 solution for gaming infrastructure, has achieved two significant accomplishments shortly following its testnet debut.
Last Thursday, I was thrilled to learn that Sonic’s network had already registered over 100,000 distinct crypto wallets and facilitated approximately 17 million transactions – an impressive feat just one week after the launch of its Sonic Testnet Odyssey.
Within the first 36 hours of the testnet launch, the Sonic team reported on platform X, disclosing that more than 45,000 wallets had been created and over 3.2 million transactions had taken place.
The Sonic team commented on the significant increase and current milestone figures, attributing this growth to the immense interest and promise of the Sonic protocol.
First atomic SVM Layer-2 for gaming on Solana
In recent news, Sonic has concluded a $12 million Series A funding round, headed by cryptocurrency investment firm BITKRAFT Ventures. This latest financing round, increasing the protocol’s overall fundraising to $16 million, will be used to fuel expansion within the Solana gaming ecosystem.
The groundbreaking SVM platform for layer-2 gaming in Solana intends to utilize these resources to offer financial support to eligible projects. Additionally, it aims to welcome new games and game developers into the Solana community.
User interactions on Sonic games rises
On Wednesday, Sonic announced that its SVM-compatible protocol offers game developers various mechanisms to construct and launch games on the Solana platform. These features encompass customizable gaming elements and a testing ground, which in turn utilize Solana’s swift network to ensure an exceptional on-chain video game experience for players.
As a researcher studying Sonic during its testing phase, I’ve observed an impressive volume of transactions connected to users engaging with native Sonic games like Jogojogo, Rage Effect, Fomoney, and Lowlife Forms.
Sonic aims to elevate or even outshine the gaming sector in the Solana platform, matching or surpassing the popularity achieved by DeFi, NFTs, and SocialFi. By 2024, meme coins have significantly contributed to an immense amount of user engagement within the Solana community.
As an analyst, I’m keeping a close eye on several upcoming events that could potentially boost Sonic’s growth trajectory. One such event is the Solana Kick Off: Shenzhen conference in collaboration with RateX, which is coming up soon. Another exciting opportunity is the Kyoto Web3 Gaming Summer event, slated for July. These events offer valuable networking opportunities and a platform to showcase Sonic’s innovative solutions within the rapidly evolving Web3 gaming landscape.
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2024-06-26 16:34