Fantom

On October 15, Sonic permanently removed 5.9M S from circulation by burning unclaimed tokens from its airdrop, as previously communicated. The burn was triggered permissionlessly on-chain, and transaction hashes were published by Sonic Labs for verification.

• 5.9M S burned and permanently removed from supply
• Burn executed on-chain in a permissionless transaction
• Follows the prior announcement that unclaimed airdrop allocations would be burned

The Spartan Group, a Web3 investment and advisory firm founded in 2017, has joined the Sonic network as a validator. Spartan is one of the more active investors and advisors in the space, and its decision to help secure the network adds another independent validator operator.

Sonic Labs' V2.2 upgrade is now live on the Sonic mainnet, following its previously scheduled September 22 launch. The release introduces bundled transactions, expanded transaction sponsorship, larger smart contracts, and other network improvements.

• Native bundles let multi-step actions succeed or roll back atomically, with compatible flows allowing single-signature execution; expanded sponsorship lets qualifying activity run without acquiring the S token.
• Contract limits double — deployed code from 24 KiB to 48 KiB and initialization code from 48 KiB to 96 KiB — supported by the Simple Format Virtual Machine (SFVM) with no contract rewrites needed.

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.