The Fantom Foundation’s Rebrand to Sonic: What Users Need to Know

The Fantom Foundation’s Rebrand to Sonic: What Users Need to Know

The Fantom blockchain has rebranded to Sonic, introducing faster transactions, improved scalability, and lower fees, while ensuring a seamless 1:1 Fantom to Sonic migration for token holders. This upgrade enhances network performance, tokenomics, and adoption across DeFi, NFTs, and enterprise applications, positioning Sonic as a key player in the evolving blockchain landscape.

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The Fantom blockchain has rebranded to Sonic, marking a major upgrade in speed, scalability, and interoperability. This transformation introduces a more powerful and efficient blockchain while ensuring a smooth Fantom to Sonic migration for users.

For investors, developers, and blockchain enthusiasts, understanding the Fantom to Sonic upgrade is crucial. This guide covers the migration process, tokenomics, new features, and potential challenges.

Understanding the Sonic Labs Transformation

The Strategic Rebranding: Why Fantom Became Sonic

The Fantom Foundation announced a rebrand to Sonic as part of its vision to enhance blockchain infrastructure. While Fantom and Sonic share the same foundation, the upgrade significantly improves transaction speeds and security.

Key benefits of the rebranding:

  • Enhanced Network Performance: Sonic improves finality, reducing transaction confirmation times to 1 second.
  • Better Developer Experience: Supports Ethereum Virtual Machine (EVM) compatibility, making it easier to deploy smart contracts.
  • Lower Gas Fees: More cost-effective than Fantom, making it attractive for DeFi projects.

Many users ask: “Are Fantom and Sonic the same?” While Sonic is built on Fantom’s foundation, it represents a new era for the network with enhanced features.

Token Migration: What Investors Need to Know

The 1:1 Fantom to Sonic Token Exchange Process

If you hold Fantom (FTM) tokens, you must convert them to Sonic (S) before the migration deadline.

How to Convert Fantom to Sonic?

  • Go to the Sonic Fantom Migration Portal – Available on the official website.
  • Connect Your Wallet – MetaMask, Trust Wallet, or Ledger.
  • Approve and Confirm the Swap – Exchange FTM for Sonic (S) at a 1:1 ratio.
  • Receive Sonic Tokens – Your new Sonic balance will reflect in your wallet.

Other platforms supporting the migration include:

  • Binance Fantom to Sonic Swap – Binance enables direct conversion.
  • Crypto.com Fantom Sonic Bridge – Offers seamless swaps for users.
  • MEXC, Bybit, and Bitget – Additional exchanges facilitating the migration.

How long do I have to convert Fantom to Sonic?

The migration period lasts six months, ensuring users have ample time to swap their tokens.

Tokenomics Breakdown: Sonic’s New Economy

The Sonic Fantom tokenomics are designed to maintain stability and encourage long-term adoption.

  • Total Supply: 3.175 billion S tokens
  • Initial Airdrop: 6% distributed to early adopters
  • Annual Token Minting: 47.6 million new tokens per year
  • Burning Mechanisms: Helps sustain token value and combat inflation

For real-time updates, track the CoinMarketCap Sonic Fantom page to monitor Sonic Fantom crypto price fluctuations.

Performance and Market Potential

Technical Performance Metrics

The Sonic chain Fantom upgrade drastically improves transaction speeds and overall efficiency.

  • Transaction Speed: 20,000+ TPS (compared to Fantom’s ~10,000 TPS)
  • Finality Time: 1 second
  • Gas Fees: Even lower than Fantom’s already minimal costs

This transformation makes Sonic an even stronger competitor against other blockchain networks like Ethereum and Solana.

How to Use Sonic Fantom: Wallet Integration & Support

The Sonic Fantom wallet supports multiple storage solutions, including:

  • Trust Wallet: Full integration with Sonic’s mainnet.
  • Ledger Wallet: Users can swap Fantom to Sonic from Ledger Wallet via the migration tool.
  • MetaMask: If wallet.fantom.network is not working with MetaMask Sonic, check your RPC settings and reconnect.

For security, always verify the contract address of Sonic Fantom token before making transactions.

Potential Challenges & Common Issues

“Fantom to Sonic Migration Ledger Issues”

Some users report difficulties when migrating Fantom from a Ledger wallet. Ensure:

  • Your Ledger firmware is updated.
  • You manually approve transactions.
  • You are using the correct Fantom to Sonic crypto bridge.

“How to Send Fantom Out from Ledger to Sonic Wallet?”

  • Connect your Ledger to MetaMask.
  • Send FTM to the migration tool.
  • Swap FTM for Sonic (S).

Sonic vs Fantom: What Has Changed?

Users often ask, “Will Fantom and Sonic be the same price?” Initially, yes — the Fantom-to-Sonic conversion is 1:1. However, market demand will determine the long-term Sonic Fantom value.

Comparison Table: Fantom vs Sonic

FeatureFantomSonicSpeed~10,000 TPS20,000+ TPSFinality~1-2 sec1 secGas FeesLowEven lowerSecurityStandardEnhancedEVM CompatibilityYesOptimized

For those wondering “Are the prices from Sonic and Fantom the same after the swap?”, the 1:1 migration ensures initial price parity, but future fluctuations depend on demand.

Tracking Sonic’s Growth & Future Developments

For real-time tracking, users can use:

  • Sonic Fantom Dex Screener – Monitor decentralized trading activity.
  • Sonic Scan Fantom – View blockchain transactions and smart contract activity.
  • Sonic Fantom Twitter – Get official updates from the Fantom Foundation.

Upcoming milestones include Sonic Fantom governance updates, potential Binance Sonic Fantom listing, and new DeFi partnerships.

The Future of Sonic (Fantom)

The Fantom rebrand to Sonic introduces faster transactions, improved scalability, and lower fees, making it a strong contender in the Web3 space. The migration ensures a seamless 1:1 conversion from Fantom (FTM) to Sonic (S) while enhancing network performance with quicker finality and reduced costs. With a robust token model for long-term stability and growing adoption in DeFi, NFTs, and enterprise applications, Sonic is set to shape the future of decentralized technology.

Disclaimer

The authors of this content and members of Nansen may be participating or invested in some of the protocols or tokens mentioned herein. The foregoing statement acts as a disclosure of potential conflicts of interest and is not a recommendation to purchase or invest in any token or participate in any protocol. Nansen does not recommend any particular course of action in relation to any token or protocol. The content herein is meant purely for educational and informational purposes only and should not be relied upon as financial, investment, legal, tax or any other professional or other advice. None of the content and information herein is presented to induce or to attempt to induce any reader or other person to buy, sell or hold any token or participate in any protocol or enter into, or offer to enter into, any agreement for or with a view to buying or selling any token or participating in any protocol. Statements made herein (including statements of opinion, if any) are wholly generic and not tailored to take into account the personal needs and unique circumstances of any reader or any other person. Readers are strongly urged to exercise caution and have regard to their own personal needs and circumstances before making any decision to buy or sell any token or participate in any protocol. Observations and views expressed herein may be changed by Nansen at any time without notice. Nansen accepts no liability whatsoever for any losses or liabilities arising from the use of or reliance on any of this content.

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