Fantom

Sonic Labs published a weekly recap of ecosystem momentum, focusing on AI and onchain infrastructure, new RWA and cross-network trading integrations, and its ranking among top daily activity gainers. The update also points out that Sonic deposits went live on Eterna, among other recent additions.

• Highlights AI and onchain infrastructure development
• Notes new RWA and cross-network trading integrations
• Cites a top daily-activity-gainer ranking in the ecosystem

Sonic Labs disclosed that approximately 13M S will move over the next 24 to 48 hours under a strategic OTC agreement with a long-term partner. The partner will work with Sonic to grow the network's reach and engagement across its audience, and the team shared the transfer in advance so the community could track it. The tokens are moving to a counterparty's custody rather than being removed from supply, unlike Sonic's earlier on-chain burn of unclaimed airdrop tokens.

Eterna Hybrid, a hybrid exchange platform, now supports Sonic deposits, giving traders another way to fund their accounts with S and USDC. Sonic Labs announced the integration, adding another on-ramp into Sonic-powered markets on Eterna's hybrid trading rails.

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.