As the popularity of the "TON game sector" wanes, the new "TikTok game" track is emerging. SonicSVM ($SONIC) was officially launched on OK X at 8 pm on January 7. As the L2 public chain for the gaming field within the Solana ecosystem, it focuses on a high-performance, low-fee development environment.
As the TON mini-game sector is becoming saturated, SonicSVM chose to take a different approach and launched TikTok mini-games, becoming the first project to delve deeply into this track, with the number of users exceeding one million.
Compared with main competitors:
Game public chain track: $TON
L2 track: $OP, $ARB
The initial valuation of SonicSVM is 0.1B, while the FDV of $TON is 29.46B, $OP and $ARB are 9.05B and 9.1B respectively. If its opening FDV is about 0.5B, it has a high cost-effectiveness and considerable potential.
If Sonic SVM continues to bind with TikTok and deeply cultivate this track, it may become a leader in the blue ocean market in the future, with less competitive pressure and broad development prospects.
Let's take a closer look at this new project: Sonic SVM
Positioning of Sonic SVM: Does Solana still need Layer2? Don't be fooled by the name!
Sonic SVM, although referred to as 'Solana Layer2,' is not solely aimed at improving Solana's overall performance; rather, it is optimized specifically for high-frequency interactive applications such as gaming and social media. Its goal is to provide independent scaling solutions that ensure smoother high-frequency trading and on-chain interactions, avoiding user experience issues caused by technical problems.
The TPS of the Solana main chain is between 2,500 and 4,000, which can easily lead to delays in handling a large number of high-frequency transactions, affecting user experience. Sonic SVM resolves this issue through an independent architecture, ensuring that these applications do not affect the main chain's other functionalities.
Why do gaming and social applications need Sonic SVM?
High-frequency trading support: Every click in a game involves on-chain transactions, and transaction failures or delays can affect the experience. Sonic SVM provides more stable on-chain support.
Customized features: Providing specialized data structures, caching mechanisms, and parallel processing solutions for gaming scenarios to ensure a smooth experience.
Independent governance and economic model: Sonic SVM has independent resource allocation and governance mechanisms, allowing game developers to customize on-chain rules.
Reasons to pay attention to Sonic SVM
Financing background: In June 2024, Sonic SVM completed a $12 million Series A financing round, with a valuation of $100 million. Investors include well-known institutions such as Republic, OKX, Bitkraft, and Galaxy.
Token economics: The total supply of Sonic SVM tokens is 2.4 billion, with an initial circulation of only 15% (360 million), of which 7% is allocated for airdrops. The low circulation design helps avoid market selling pressure.
Launched on exchanges: Sonic SVM has been listed on exchanges such as Bybit, OKX, Bitget, KuCoin, and Gate.
Sonic SVM valuation analysis: Track and market benchmarking evaluation.
Sonic SVM is a blockchain project that combines narrative value and technological innovation, integrating Solana Layer2 technology with the potential of the TikTok application layer, opening up new directions. For investors, the following points are worth noting:
Valuation strategy: If the opening FDV is between $200 million and $300 million, phased layout is a relatively safe choice.
Ecosystem progress: Focus on TikTok promotional effects and user growth of SonicX games.
Long-term development: The future value of Sonic SVM depends on its ability to continuously attract users and expand the ecosystem scale.
Sonic SVM is an opportunity worth deep exploration and may become an important milestone in the integration of the crypto industry with mainstream social media.
The layout of Sonic SVM is reminiscent of the success of TON, which became a leader in social chains by relying on Telegram's user ecosystem. Sonic SVM hopes to leverage TikTok's over 1 billion monthly active users to create the next benchmark for social chain integration. Just 1% of users can reach 10 million people, presenting enormous potential.
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