Fantom plans to leverage Sonic to build a 'shared sequencer' for other blockchains

Fantom's Sonic release, targeting 2,000 transactions per second with sub-second finality, is expected to debut in late summer or early fall.

Fantom Foundation CEO Michael Kong stated that the project is gearing up to introduce its next iteration, Sonic.

It is being developed as the next step after the existing Opera version of Fantom that’s able to facilitate 200 transactions per second. Sonic’s rollout includes plans to enhance DeFi activities on Fantom through support for liquid staking tokens and the expansion of grant programs to fund development.

"Sonic will be used to create a new best-in-class shared sequencer for L1 and L2 chains, capable of processing over 180 million daily transactions with real, sub-second confirmation times, and serve as the foundation to relaunch Fantom as an entirely new community-centric brand," Kong said.

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