CEO Sonic Labs announced a shift in growth focus towards tokens.

Sonic Labs CEO Mitchell Demeter announced the next phase of Sonic with a focus on sustainable growth based on fundamental platform and practical applications. He emphasized the key priorities:

• Solid platform: Sonic's fund is stable, with no liquidity issues, focusing on discipline and creating long-term value.
• Focus on fundamentals: This cycle will be based on real usage, transparent economic mechanisms, and consistent deployment, rather than speculation.
• Fee update mechanism (FeeM): A tiered reward system for developers, fixed rewards for validators, along with a gradual burn mechanism to increase value and reduce supply.
• Expansion in the US: Establishing an office in New York to strengthen the team, enhance cooperation with organizations and policies.
• Ecosystem Development: Expand GMSonic into a content and education hub, enhancing global presence at major industry events.
• Speed with Purpose: Sonic has achieved industry-leading speed; currently focused on upgrades to create real value, applying selective EIPs and implementing SIP.

Mitchell Demeter stated that since taking on the role of CEO, he has been listening, analyzing, and working closely with the team, developers, validators, and partners to gain a thorough understanding of the organization. Currently, Sonic is expanding its partnerships, team, and accelerating initiatives to strengthen the platform, while also refining tokenomics with deflationary mechanisms and real value returns.

The goal of Sonic is to build a sustainable ecosystem where builders, validators, and token holders all benefit, while creating real and lasting value, accompanied by proven speed and performance.

Sonic Labs is committed to expanding its international presence, developing relationships with investors and organizations, while upgrading the network to become a strong, developer-friendly platform that creates real value for the community.