Saturday, March 14, 2026
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Sonic Achieves 100K Wallets and 17M Transactions in First Week of Testnet Odyssey

by SB Crypto Guru News
June 26, 2024
in Altcoin
Reading Time: 3 mins read
0 0
A A
0


New York, NY, June 26th, 2024 — Sonic, the new gaming Layer-2 infrastructure on Solana, has reported over 100,000 unique wallets and more than 17 million transactions within the first week of its Sonic Testnet Odyssey launch.

This development highlights the interest in Sonic, the first atomic SVM Layer-2 designed for gaming on the Solana blockchain. Sonic offers features that support game development, including customizable gaming primitives, a sandbox environment, and extensible data types, all while utilizing Solana’s high-speed capabilities to enhance on-chain gaming experiences.

Within 36 hours of the Testnet Odyssey launch, Sonic announced it had secured over 45,000 wallets and processed 3.2 million transactions. The current figures suggest continued growth and engagement with Sonic’s L2 infrastructure. Much of this activity comes from users interacting with integrated games such as Jogojogo, Fomoney, Rage Effect, and Lowlife Forms, which reward users for participating in the Odyssey campaign.

Solana has become known as a retail-friendly blockchain due to its straightforward onboarding process and the incentives from its memecoin surge. However, its gaming sector has not seen the same level of success as other areas like DeFi, NFTs, and SocialFi. Sonic aims to address this by providing a platform for developers to deploy high-speed SBM chains to support GameFi projects on Solana.

Sonic was developed by Mirror World Labs, a GameFi infrastructure company established two years ago. To support growth, Sonic has introduced ecosystem grants and accelerator programs to help developers quickly integrate with the Sonic SVM and the HyperGrid Framework. This framework simplifies the deployment of game engines and virtual machines on Solana, allowing developers to set up new SVM environments efficiently.

This milestone comes on the heels of Sonic’s $12 million Series A funding round, led by BITKRAFT with participation from Galaxy Interactive, Big Brain Holdings, and other investors. The funding reflects confidence in Sonic’s potential to impact the blockchain gaming sector.

In response to the high demand, Sonic has upgraded its Testnet Odyssey to improve speed and stability. The platform has already seen several successful game deployments, including Snake Lite, a Telegram-based tap-to-earn game.

Sonic’s team has planned several activities for the summer, including a partnership with RateX for the Solana Kick Off: Shenzhen event and participation in the Kyoto Web3 Gaming Summer event at #IVS2024 next month. These events aim to further promote Sonic’s capabilities and drive adoption in the blockchain gaming community.



Source link

Tags: 100K17MachievesBitcoin NewsCrypto NewsCrypto UpdatesLatest News on CryptoOdysseySB Crypto Guru NewsSonicTestnetTransactionswalletsWeek
Previous Post

Bitcoin Technical Analysis: Inverse Head and Shoulders Pattern Suggests Bullish Reversal

Next Post

Bitwise CIO Expects $15 Billion To Flow Into Spot Ethereum ETFs, How Will ETH React?

Related Posts

Insurance Giant Aon Partners With Coinbase and Paxos in Trialing Use of Stablecoins for Premium Payments

Insurance Giant Aon Partners With Coinbase and Paxos in Trialing Use of Stablecoins for Premium Payments

by SB Crypto Guru News
March 11, 2026
0

The world’s second largest insurance broker is teaming up with the crypto exchange Coinbase and the Paypal USD (PYUSD) issuer...

Institutional Investors Pour 9,000,000 Into Bitcoin and Crypto Assets in One Week: CoinShares

Institutional Investors Pour $619,000,000 Into Bitcoin and Crypto Assets in One Week: CoinShares

by SB Crypto Guru News
March 9, 2026
0

Institutional investors just bought an overall total of $619 million in Bitcoin and crypto assets in one week, according to...

Institutional Investors Pour ,000,000,000 Into Bitcoin and Crypto Assets in One Week: CoinShares

Institutional Investors Pour $1,000,000,000 Into Bitcoin and Crypto Assets in One Week: CoinShares

by SB Crypto Guru News
March 3, 2026
0

Institutional investors just bought an overall total of $1 billion in Bitcoin and crypto assets in one week, according to...

Bitcoin for the rest of us: What you need to know

Bitcoin for the rest of us: What you need to know

by SB Crypto Guru News
February 28, 2026
0

Bitcoin drops over 25% one month after reaching a new all-time high of $125,000.Panic is on the doorstep. We need...

DOT Is Bleeding — and the Market Knows Why

DOT Is Bleeding — and the Market Knows Why

by SB Crypto Guru News
February 27, 2026
0

DOT Is Bleeding — and the Market Knows WhyI’ve been watching Polkadot bleed slowly for weeks now. Not the kind of crash that...

Load More
Next Post
Bitwise CIO Expects  Billion To Flow Into Spot Ethereum ETFs, How Will ETH React?

Bitwise CIO Expects $15 Billion To Flow Into Spot Ethereum ETFs, How Will ETH React?

Animoca Brands Weighs IPO Options in Hong Kong, Middle East as Valuation Soars

Animoca Brands Weighs IPO Options in Hong Kong, Middle East as Valuation Soars

Facebook Twitter LinkedIn Tumblr RSS

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.