Fantom

Sonic Labs detailed the upcoming V2.2 network upgrade in a thread laying out how its pieces fit together around coordinated execution, flexible gas sponsorship, and greater smart contract capacity. The upgrade is rolling out, per an earlier progress update.

• Native bundles let multi-step actions succeed or roll back as one atomic unit, with no unrelated activity inserted between steps. Compatible flows also allow single-signature execution through a temporary delegate account; standard bundles still require separate signatures.
• Expanded sponsorship: network-sponsored transactions let qualifying activity run without acquiring the S token, and successful-only sponsorship means completed transactions draw from the budget while failed ones do not.
• Contract limits double: deployed contract code rises from 24 KiB to 48 KiB and initialization code from 48 KiB to 96 KiB, supported by the Simple Format Virtual Machine (SFVM) so existing contracts need no rewrite.

For developers this means more control over execution, payment, and logic; for users, fewer signing prompts, easier onboarding, and more reliable multi-step actions.

Sonic Labs announced its participation in the Google Web3 AI Summit, pairing its layer-2 network with the event focused on the intersection of Web3 and artificial intelligence. Details on Sonic's specific role or speaking slot were not yet disclosed beyond the announcement.

Sonic's native token (S) is now supported by GuardaWallet, adding another option for storing and managing the asset. Sonic Labs surfaced the integration with a brief thank-you to Guarda, confirming the wallet as an additional non-custodial option alongside existing tools.

Following the conclusion of its collaboration with the CMCC Resonance Fund, Sonic Labs said an allocation of 40,489,729.04 S tokens was returned to it on August 21 and moved the same day into a Sonic-controlled account at Binance. Sonic Labs clarified that no tokens were sold as part of this transfer.

Sonic Labs announced the 8 projects selected from 300-plus applicants for its builder program, with Demo Day scheduled for August 25. The selected teams will get the network’s support as they continue development.

Sonic Labs previewed an upcoming network release focused on what happens between a user's intent and final settlement, rather than raw speed. New features include bundling, transaction sponsorship, pre-checks and expanded contract capacity so developers can keep routing logic, risk checks and product logic together instead of splitting them into workarounds. Sonic frames "fast" as the floor and this release as the step toward removing friction in approval, gas, signing and retry steps.

Soda (formerly ICX) has migrated to the $SODA token on Sonic and is now live for trading, promoted via Kraken Listings. The project describes itself as infrastructure for modern money, aiming to give DeFi builders cross-network execution and unified liquidity across 20-plus networks. Sonic Labs congratulated the Soda team on the migration.

Sonic Labs outlined where it plans to build next, framing each of four bets on revenue. Payments and FX come first, pushing cross-border transfers at a fraction of current cost. AI is second via Spawn, now split into Spawn Studio (agentic templates for developers) and Spawn Marketplace, running on Sonic's MCP server. Perps and RWAs are third, targeting 24/7 trading with near-instant finality, and prediction markets are fourth, built as licenseable infrastructure with a product on top (Yes/No now in closed beta on testnet). The thread also acknowledges Aave winding down its Sonic deployment, noting its deposits generated under $5k a quarter — not enough to cover maintenance — and that Sonic won't paper over weak integrations.

Sonic Labs shared a post with an external link. The link's content could not be resolved into a specific headline.