The Layer One (L1) Blockchain Sonic has undergone considerable growth, with statistics that have unveiled an increase of 2,951% in the total value of the project (TVL) since the beginning of the year.
L1 Blockchain Sonic’s TVL has been climbing 2,951% since January
On March 27, the official social media account of Sonic on X announced that the blockchain had crossed the TVL Mijlpaal of $ 1 billion. Sonic comes from his roots in the Fantom Opera network and positions itself as a powerful L1 blockchain.
The project claims to offer sub-second transactive sinality, with completion times that are as low as 720 milliseconds, in addition to a processing capacity of a maximum of 2,000 transactions per second (TPS), which determines it as one of the fastest EVM-compatible chains that are available.
Defillama.com statistics on March 27, 2025.
Data from Defillama.com places the total value of Sonic locked (TVL), just shy for the $ 1 billion threshold at $ 973.46 million, but still reflect a significant climb of 2,951% from the age of January 1, 2025, figure of $ 31.91 million. Currently, the five leading protocols on Sonic Account are for the most part of his TVL, with Aave the top position on $ 265.98 million.
Silo Finance follow closely behind with $ 253.61 million, beets for $ 236.89 million, Veda with $ 133.61 million and Avon Labs that complete the list to $ 93.88 million. Earlier this week, Sonic announced his integration with LBTC and Napier Finance. The native token of the project, known as S, remains in the “preview” mode on the aggregation sites of cryptocurrency market, indicating that it should not yet receive an official list.
Currently, the “Preview” value of S on March 27 is $ 0.612 per coin, giving it an estimated market capitalization of around $ 1.92 billion. Fantom (FTM) tokens in particular can be upgraded to S. from the moment of the press, the S is the 54th largest project per market capitalization.