🌎 Sonic Testnet Hits 100K Wallets, 17M Transactions in One Week

Sonic, Solana’s first gaming Layer-2 infrastructure platform, has achieved significant milestones shortly after launching its testnet.

On Thursday, Sonic reported that its network recorded over 100,000 unique wallets and processed more than 17 million transactions within just a week of its Sonic Testnet Odyssey going live.

The Sonic team shared on X that just 36 hours into the testnet launch, the protocol had already surpassed 45,000 wallets and over 3.2 million transactions. They attributed these impressive numbers to the high demand and potential of the Sonic protocol.

First Atomic SVM Layer-2 for Gaming on Solana

Recently, Sonic announced a $12 million Series A funding round led by a prominent crypto venture capital firm. This funding, which brings Sonic’s total fundraising to $16 million, aims to drive further growth in the Solana gaming ecosystem.

The funds will be used to provide grants to projects and onboard new games and developers to the Solana network. This pioneering SVM layer-2 gaming platform is set to enhance the Solana blockchain’s capabilities.

User Interactions on Sonic Games Increase

Sonic’s SVM-compatible protocol offers several built-in mechanisms for game developers to create and deploy games on the Solana network. These include customizable gaming primitives and a sandbox environment, leveraging Solana’s fast network to deliver an enhanced on-chain video game experience.

Even while still in its testnet phase, Sonic has seen a significant number of transactions related to user interactions with native games such as Jogojogo, Rage Effect, Fomoney, and Lowlife Forms.

Sonic aims to elevate the Solana gaming ecosystem to be on par with, or even surpass, other segments like DeFi, NFTs, and SocialFi. In 2024, meme coins have also contributed to a substantial portion of user activity on Solana.

Upcoming events that Sonic is targeting for further traction include the Solana Kick Off: Shenzhen event and the Kyoto Web3 Gaming Summer event scheduled for July.