- The S token is now available for trading on Coinbase and can be used on multiple platforms.
- Sonic Labs has launched Season 2 of its airdrop and is running a student-focused hackathon.
- Early bird tickets are on sale for Sonic Summit 2025 in Singapore.
- Major crypto exchanges, including Binance and Kraken, now support USDC on Sonic’s network.
- Sonic Labs continues expansion with integrations, new hires, and investment in new projects.
Sonic Labs has announced significant updates as it prepares for the Sonic Summit 2025, taking place on September 29–30 in Singapore at the Pan Pacific Orchard. Early bird tickets are now available for the event, which is scheduled before the TOKEN2049 conference.
The S token, Sonic’s native asset, became tradable on Coinbase, opening access to millions of users and institutions. Binance has added soft staking for S, allowing users to earn yield passively without locking up their tokens. Users can also transact globally with S and USDC through RedotPay using apple Pay, Google Pay, or credit cards, reaching over 4.5 million users worldwide.
Season 2 of the S airdrop started on June 18, targeting long-term users and developers who demonstrate real on-chain activity. For participants in Season 1, 25% of rewards are immediately available, while the remaining 75% vests over nine months as a digital collectible, known as an NFT. Additionally, Sonic Labs launched the S Tier Hackathon for students, offering 100,000 S in prizes, venture capital introductions, and a chance for investment opportunities.
Several integrations have increased network utility. 1inch now allows faster swap rates and cross-chain trading with other networks. The upcoming implementation of EIP-7702 will introduce account abstraction—a technical upgrade simplifying wallet management—and Sonic Labs provided a beginner’s guide on the topic. Kaito has partnered with Sonic, letting users earn airdrop points for off-chain contributions like research and analysis.
Most major centralized exchanges (CEXs), such as Binance, Kraken, Bybit, and OKX, now support USDC transfers on Sonic’s network. Sonic Labs also released Monaco-inspired merchandise in partnership with Pierre Gasly and made a $400,000 S investment in Hey Anon through its Innovator Fund to support new projects. Dr. Bernhard Scholz is highlighted for leading the technical development of Sonic. Dr. Presley, referred to as Dracula Presley, was named Head of Ecosystem to help expand builder programs and global outreach.
For more details, visit the official Sonic Labs blog.
✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.
Previous Articles:
- Uber Seeks Billions in Funding to Expand Robotaxi Fleet and Tech
- Polkadot Surges as Corporate, Institutional Buyers Drive DOT Rally
- VexTrio Viper Pushes Scam Apps on Apple, Google Stores, Millions Hit
- MetaMask to Launch mmUSD Stablecoin in Partnership with Stripe
- Bitcoin Fee Cuts Spark Network Fork Risks, “Wreck” Compact Blocks
