Sonic SVM narxSONIC

🌟 Why These Altcoins Are Trending Today The crypto market is down 3% today, with liquidations spiking. But despite the red, 3 altcoins are trending on investor radar: 🔹 Solidus Ai Tech $AITECH 🔹 Hyperliquid $HYPE 🔹Sonic $S Let’s break them down ⬇️

3. Sonic $S S is down 5% today with trading volume down 43% ⚠️ That drop in price and volume = fading market interest. 🔻 Bearish target: $0.31 🔼 Bullish bounce: $0.48

Where’s $S headed next? 👀 A: A clean breakout from the resistance trendline — time to moon? 🚀 B: A deeper dip, more pain… before the real gain? 💥 What’s your take, #Sonic fam?

Circle, the USDC stablecoin issuer, filed for an initial public offering Aave Integrated Chainlink’s Smart Value Recapture mechanism, which is expected to increase Aave’s revenue by 8 figures Sonic Labs introduced SonicCS 2.0, a new consensus protocol that will make the network 2x faster Beraborrow, one of the largest dApps on Berachain, launched its token POLLEN Pendle has been deployed on Berachain mETH Protocol launched S3 of its Methamorphosis Airdrop Program Kaito introduced the Rewards Station - a platform where you can see the projects that are rewarding users for their X activity Hyperlane introduced its token HYPER and announced its airdrop Kamino introduced Kamino Meta-Swap, an aggregator that delivers the best price execution for any token swaps on Solana Frax Finance expanded its stablecoin frxUSD to Solana Ethereum’s privacy pools have officially launched Superseed, a blockchain that enables self-repaying loans, went live Initia, a network for omnichain rollups, announced its airdrop Mass enabled trading 40+ tokenized stocks and ETFs on Base L2 Everclear launched a CLEAR Buyback Program. 75% of the protocol revenue will be allocated to buybacks That's all for today.

Stablecoin protocol Usual has partnered with blockchain security firm Sherlock to launch a $16 million bug bounty, surpassing Uniswap’s $15.5 million bounty, which was previously the largest in the industry. Usual has partnered with Sherlock to launch a $16 million bug bounty aimed at identifying critical vulnerabilities in its codebase, as originally reported by The Block. The bounty, hosted on Sherlock’s platform, will only reward findings that pose a definite and significant risk of fund loss or freezing for over a year, without external conditions. Usual’s codebase has already undergone 20 audits, including a recent Sherlock audit contest with a $209,000 prize pool, with no vulnerabilities found. High-value bug bounties are becoming a trend in crypto security. Recently, Sonic Labs teamed up with Immunefi to offer a $2 million bounty, while Compound Finance launched a $1 million program, also with partnership with Immunefi. In November 2024, Uniswap Labs (UNI) launched a $15.5 million bug bounty—previously the largest in the industry. However, Usual’s $16 million bounty now stands as the biggest to date. “With over $880 million in TVL, this record-breaking bounty prize is a powerful statement from Usual showing their dedication to the security of their protocol,” the projects told The Block.