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Sonic’s Testnet Continuously Achieving Milestones with 1 Million Active Wallets and 600 Million Transactions
Aug. 09, 2024. 1 min. read.
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Sonic, a Layer 2 gaming network on Solana, reports 1 million active addresses and 600 million transactions, highlighting its rising impact in blockchain gaming.
Sonic, a Layer 2 gaming network built on Solana, has achieved significant milestones on its testnet, reporting 1 million monthly active addresses and over 600 million transactions. This surge underscores the platform’s growing influence in the blockchain gaming sector.
The network, distinct from Fantom’s similar Sonic upgrade, operates as the pioneering Solana virtual machine-powered gaming platform. On August 8, Sonic SVM shared details with crypto.news about the testnet’s impressive performance. Sonic Origins, the initial phase, has drawn gamers to titles such as Rage Effect, JogoJogo, and LowLifeForms, fueling these high engagement numbers.
Chris Zhu, co-founder of Sonic SVM, expressed enthusiasm about the platform’s trajectory, stating, “Sonic Origins has seen impressive results in user demand in terms of user engagement and we’re excited to see real implementation, and growth of an organic community around Sonic as we launch as one of the first SVMs on Solana.”
The ongoing testnet phase, Sonic Frontier, builds on this success by introducing more games and partners. It expands the network’s reach by integrating existing Solana protocols, allowing users to explore a wider array of decentralized applications. Additionally, this phase welcomes more validators through HyperGrid’s shared validator network, enhancing transaction finalization on Solana. HyperGrid’s technology supports parallel transaction processing, crucial for scaling and developing new gaming experiences on the blockchain.
Following a successful $12 million Series A funding round in June, Sonic plans to launch its mainnet once the Frontier testnet phase concludes, marking another pivotal step in its development and potential dominance in the Solana ecosystem.
Source: Sonic testnet sees 1m active wallets and 600m transactions
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