Close Menu
FintechFetch
    FintechFetch
    • Home
    • Fintech
    • Financial Technology
    • Credit Cards
    • Finance
    • Stock Market
    • More
      • Business Startups
      • Blockchain
      • Bitcoin News
      • Cryptocurrency
    FintechFetch
    Home»Cryptocurrency»Sonic Introduces Its Mobius Mainnet to Serve as a Seamless Extension of Solana
    Cryptocurrency

    Sonic Introduces Its Mobius Mainnet to Serve as a Seamless Extension of Solana

    FintechFetchBy FintechFetchFebruary 27, 2025No Comments3 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Sonic, the first chain extension built on Solana, launched its Mobius mainnet today (February 27).

    The blockchain solution aims to extend Solana’s capabilities, enhance scalability, and provide a dedicated layer for high-volume decentralized applications (dApps).

    Mobius Goes Live

    According to a document shared with CryptoPotato, the Mobius mainnet will enable Sonic to serve as a seamless extension of Solana, allowing developers to easily migrate existing applications and benefit from the chain’s powerful features.

    Some of these include the use of SOL for gas fees and full interoperability with Solana’s accounts via an Interoperability API. In addition, Sonic is compatible with key ecosystem protocols like Metaplex, Pyth, and Hyperlane, offering developers a powerful set of tools.

    Mobius embodies the goal of creating a cohesive Solana ecosystem, aligning with the network’s evolving vision for 2025 and beyond. Leveraging the HyperGrid framework, Solana’s pioneering scaling technology, Sonic boosts customization and scalability while maintaining full compatibility with Solana’s mainnet.

    The launch of Mobius capitalizes on Sonic’s current momentum, including a $1 million Hackathon encouraging developers to build dApps on Sonic’s layer-2. By connecting EVM and SVM environments, the solution provides cross-chain projects with access to Solana’s liquidity and network benefits.

    It is worth mentioning that Sonic offers transaction fees that are 50% lower than Solana. It eliminates block space competition to ensure smoother performance for DeFi, GameFi, and social dApps. Last but not least, HyperGrid enables Ethereum Virtual Machine (EVM) developers to write applications in familiar languages, with execution and settlement occurring on Solana.

    ‘The Beginning of a New Era for Web3’

    Speaking on the aforementioned initiative was Chris Zhu, co-founder and CEO of Sonic SVM. He claimed his entity has demonstrated “remarkable traction” during the testnet phase, with countless games and dApps deployed and over 8 million users onboarded.

    “The launch of Mobius Mainnet – named after the infinite continuity of the Möbius strip – marks the beginning of a new era for Web3 applications on the SVM.

    This milestone represents the collaborative effort of not just our team, but a cohort of partners across the Solana ecosystem – from infrastructure providers and dApp builders to the Solana Foundation and community leaders like Superteam. We’re incredibly excited to see these collective efforts come to life with Mobius, and we can’t wait to showcase the innovative projects emerging from our ecosystem,” he added.

    SPECIAL OFFER (Sponsored)

    Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

    LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleI asked ChatGPT to name the best UK stock to buy in March — and was stunned!
    Next Article Kraken Expands Offerings with Cyber, Velodrome, MiFID License, and More
    FintechFetch
    • Website

    Related Posts

    Cryptocurrency

    Here’s Why Uniswap Feels Undervalued at $6 Billion

    August 6, 2025
    Cryptocurrency

    SEI Tanks 9% Weekly, but Analyst Predicts 1,300% Price Surge

    August 6, 2025
    Cryptocurrency

    Robinhood Lists PENGU as Whales Buy the Dip Amid 12% Price Slide

    August 6, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    What Features Do Investors Expect in a Crypto Exchange MVP?: By John Reese

    July 24, 2025

    Ethereum ETFs Keep Climbing: Seven Weeks of Inflows and Counting

    June 11, 2025

    Bitcoin Price Just Crashed 7% On Trump’s Tariff Shock

    April 3, 2025

    Smart Data Group Launched to Keep UK at the Forefront of Data-Sharing

    June 20, 2025

    Bitcoin Price Confirmed Local Bottom As All Indicators Flash Bullish, Where’s Price Headed?

    May 3, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    Most Popular

    Could these super-high UK dividend yields be at risk?

    March 31, 2025

    The water at these schools comes almost entirely from rain

    March 17, 2025

    Crawford Leverages CRIF Open Banking Tech to Speed up Insurance Claims

    April 18, 2025
    Our Picks

    Is a Major Crypto Shakeout Coming?

    August 7, 2025

    What could go wrong when fintech over-rely on AI, and how to fix it: By Martin Lewit

    August 7, 2025

    Microsoft Planning Return-to-Office Mandate: Report

    August 6, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Fintechfetch.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.