The Sonic (S) blockchain , formerly known as Fantom , has seen a 66% surge in total value locked (TVL) , reaching $253 million following its rebranding. According to Cointelegraph and DeFiLlama , Sonic’s TVL has skyrocketed from $153 million on January 16 to $253 million on January 28 , reflecting a wave of renewed investor confidence . This significant growth underscores the market’s positive reaction to Sonic’s transition , with the blockchain gaining traction in DeFi, smart contracts, and decentralized applications (dApps) . What’s Driving Sonic’s TVL Surge? The Sonic blockchain’s rapid TVL increase is fueled by several key factors: Rebranding from Fantom to Sonic – The name change signals a fresh start and new strategic direction, attracting both new and existing investors . Increased DeFi Adoption – More users are locking funds into Sonic-based DeFi protocols , boosting overall network activity. Market Recovery & Institutional Interest – A broader crypto market uptrend and institutional investment in DeFi have contributed to Sonic’s rising TVL. As Sonic strengthens its DeFi ecosystem , its growing TVL indicates higher liquidity, user engagement, and confidence in the network’s long-term potential . Sonic’s TVL Growth: Key Statistics Previous TVL (January 16): $153 million Current TVL (January 28): $253 million Growth Rate: +66% in 12 days Primary Drivers: Rebranding, DeFi expansion, market optimism With more capital flowing into Sonic-based protocols , the blockchain is positioning itself as a leading DeFi network post-rebrand. What’s Next for Sonic? Further DeFi Expansion: Expect more liquidity pools, yield farming opportunities, and staking protocols on Sonic. Cross-Chain Integrations: Sonic may expand interoperability , allowing assets from Ethereum, Solana, and other blockchains to interact seamlessly. Sustained TVL Growth: If momentum continues, Sonic’s TVL could challenge other top DeFi ecosystems in 2025. With its rebrand proving successful , Sonic is now in a strong position to compete with established blockchain networks . FAQs Why did Fantom rebrand to Sonic? The rebranding reflects a new vision, strategic direction, and expansion into DeFi, smart contracts, and dApps . How much did Sonic’s TVL grow after rebranding? Sonic’s total value locked (TVL) surged by 66% , rising from $153M to $253M in just 12 days . What’s driving Sonic’s DeFi growth? Factors include renewed investor interest, increased DeFi adoption, and positive market sentiment post-rebrand. Will Sonic continue to grow in 2025? If Sonic maintains its momentum, it could see further TVL increases, more integrations, and expanding DeFi offerings . How does Sonic compare to other DeFi blockchains? While still smaller than Ethereum, Solana, and BNB Chain , Sonic’s rapid TVL growth suggests it is emerging as a serious contender in the DeFi space. Conclusion Sonic’s 66% TVL increase to $253 million marks a successful rebranding from Fantom , fueling DeFi growth and investor confidence . As Sonic continues to expand its ecosystem , it is well-positioned to become a major player in the decentralized finance space . To learn more about the innovative startups shaping the future of the crypto industry, explore our article on latest news , where we delve into the most promising ventures and their potential to disrupt traditional industries.
