Sonic

Solana

Odyssey

Within a week of launching&nbsp;its Sonic Testnet Odyssey, <a href="https://x.com/SonicSVM" target="_blank" rel="noopener noreferrer nofollow">Sonic</a>, the first gaming L2 infrastructure to launch&nbsp;on Solana, reported processing over 17 million transactions and amassing over 100,000 unique wallets.
As the first atomic SVM Layer-2 designed exclusively for gaming on the Solana blockchain, the astounding milestone highlights the protocol’s enormous potential as well as its immense demand. In order to facilitate game development and execution on Solana, the protocol has a number of built-in features, such as extensible data types, a sandbox environment, and customized gaming primitives. It also takes use of Solana’s lightning-fast performance to provide the quickest on-chain video game experiences.
The protocol <a href="https://x.com/SonicSVM/status/1804076840870428770" target="_blank" rel="noopener noreferrer nofollow">announced</a> on X that it has amassed over 45,000 wallets and 3.2 million transactions in only 36 hours of the Sonic Testnet Odyssey. The most recent milestone points to an expedited adoption of its L2 infrastructure.
Users engaging with Sonic-based games account for a large percentage of transactions; these games have been connected with the Odyssey campaign, rewarding users who complete a transaction inside them. <a href="https://x.com/JogoJogoGame" target="_blank" rel="noopener noreferrer nofollow">Jogojogo</a>, <a href="https://x.com/Fomoney2048" target="_blank" rel="noopener noreferrer nofollow">Fomoney</a>, <a href="https://x.com/RageEffect_" target="_blank" rel="noopener noreferrer nofollow">Rage Effect</a>, and <a href="https://x.com/LowLifeForms" target="_blank" rel="noopener noreferrer nofollow">Lowlife Forms</a> are a few of these games.
Because of its robust memecoin boom incentives combined with simple onboarding, Solana is now the most retail-friendly blockchain network. But Solana gaming hasn’t been as successful as other crypto sector&nbsp;categories like DeFi, NFTs, and SocialFi, which is why the Sonic protocol is so exciting. With Sonic, developers may assist GameFi projects and efforts, as well as other projects looking for a home on Solana, by swiftly deploying their own, lightning-fast SBM chain.
Sonic, developed by Mirror World Labs, a two-year-old GameFi infrastructure firm, has already announced expansion plans such as ecosystem grants and accelerator programs to enable developers swiftly adopt the Sonic SVM and the HyperGrid Framework. By serving as a grid deployment kit and facilitating the rapid creation of new SVM environments to serve new games, HyperGrid makes it easier for developers to deploy&nbsp;virtual machines and game engines on Solana.
This new milestone comes after earlier this month’s <a href="https://www.theblock.co/post/300615/solana-layer-2-sonic-funding-token-valuation" target="_blank" rel="noopener noreferrer nofollow">$12 million Series A investment round</a>&nbsp;for Sonic, which was headed by BITKRAFT and included participation from Galaxy Interactive, Big Brain Holdings, and other investors.
Recently, Sonic made the first <a href="https://x.com/SonicSVM/status/1805196672256933912" target="_blank" rel="noopener noreferrer nofollow">significant upgrade</a> to the Sonic Testnet Odyssey, increasing its speed and stability to meet the increased demand. Several successful game launches have already occurred, like the tap-to-earn game <a href="https://x.com/SonicSVM/status/1805239460994650382" target="_blank" rel="noopener noreferrer nofollow">Snake Lite</a>, which is based on Telegram and launched earlier this week.
Sonic’s team will be busy this summer as they will be hosting the Solana Kick Off: Shenzhen event in <a href="https://x.com/SonicSVM/status/1805263372880847178" target="_blank" rel="noopener noreferrer nofollow">collaboration</a> with RateX and <a href="https://x.com/SonicSVM/status/1805600944064696699" target="_blank" rel="noopener noreferrer nofollow">participating</a> in the Kyoto Web3 Gaming Summer event at #IVS2024 next month.

Sonic Surpasses 17M Transactions and 100k Wallets in a Week Post Testnet Launch

TheNewsCrypto

Other articles published on Jun 26, 2024

Investment Alert: BlockDAG’s Path to $30, XRP’s African Ventures, and Solana’s Bleeding

Propeller Launches as First dApp Built on River Protocol (26 Jun)

What Altcoins Does Controversial Market Maker DWF Labs Invest in? Here is Their Top Ranked Asset

Ripple Unlocks XRP Tokens and Impacts Market

Top 4 Altcoins Poised To Outshine Solana Rise and Mint New Crypto Millionaires

JustMarkets awarded as the best CFD broker and best IB/affiliate programme within UF Awards 2024

Join our free newsletter for daily crypto updates!