Sonic has recently reached the $1 billion TVL mark in just 66 days, showcasing exceptional adoption speed compared to other blockchains like Aptos, Solana, and Sui.
Rapid Growth of Sonic
According to CryptoBusy, Sonic achieved $1 billion in TVL in a mere 66 days. This is significantly faster than the major Layer-1 blockchains such as Aptos, Solana, and Sui, which took much longer to achieve similar milestones.
The Sonic Fee Program
A key aspect of Sonic’s success is their fee program, which redirects 90% of gas fees back to developers. This incentivizes innovation and supports sustained ecosystem growth through direct rewards to dApp developers and smart contract creators.
Comparison with Competitors
Comparative data indicates that Sui took 505 days, Aptos 709 days, and Solana over a year to reach similar TVL figures. Sonic's unique incentive model focuses on developers, promoting faster adoption and network growth.
Sonic’s rapid growth highlights the importance of a well-structured developer incentive system, contributing to sustainable ecosystem participant and TVL increase, making it a strong competitor in the blockchain market.
