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Sonic Outpaces Cardano, SUI, Aptos, Avalanche in TVL / FDV Ratio

Summary by Blockchainreporter

Sonic, an EVM Layer-1 blockchain network, has been gaining ground in the digital asset space. According to fresh data reported today, Sonic made another milestone by outperforming major crypto projects including Cardano, Sui, Aptos, and Avalanche in terms of TVL / FDV ratio. As per the data, Sonic’s TVL/FDV ratio is higher than those of its competitors. This growth has positioned Sonic as the one of the most valuable blockchain ahead of these ri…

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blockchainreporter

Sonic Outpaces Cardano, SUI, Aptos, Avalanche in TVL / FDV Ratio

4 days ago

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NullTX

Sonic's Stablecoin Surge and Record TVL Set the Stage for Continued Growth

Sonic, a decentralized finance (DeFi) project supported by the famous DeFi architect Andre Cronje, has recently been in the news for its impressive developments in both stablecoin issuance and total value locked (TVL). As DeFiLlama reported earlier today, the stablecoin ecosystem of Sonic has seen a remarkable 106% increase over the last seven days, reaching a total of $252 million in stablecoins. According to DeFiLlama, the stablecoin scale o…

4 days ago

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