The initial transaction block of Sonic Labs is complete, signaling steady progress toward the mainnet launch.
The announcement boosted Fantom’s FTM token by over 16%, from $1 to $1.20.
Sonic Labs, previously known as Fantom, has generated its mainnet’s first block, marking the completion of its “Genesis” phase. The blockchain project announced that the official mainnet launch is expected soon, aligning with its earlier target of late November to early December.
Ahead of this, Sonic Labs launched its upgraded testnet, Blaze, demonstrating the performance metrics. The Blaze testnet has processed innumerable blocks with an average time not exceeding 0.33 seconds. It also handles eight transactions per second.
Moreover, Sonic Labs also confirmed the completion of its $S token airdrop distribution. A total of 190.5 million tokens will be distributed to eligible participants. These tokens are convertible on a 1:1 basis for FTM tokens from Fantom.
Notably, the $S tokens
We współpracy z: https://thenewscrypto.com/sonic-labs-completes-airdrop-and-nears-mainnet-launch/
