Gate News, March 11 — Sonic Labs issued a statement that they are conducting on-chain token integration activities for nearly 72 hours to improve the infrastructure after migration. The community may notice several large on-chain transactions, including fund transfers related to the new multi-signature security structure, liquidity coordination with centralized exchanges, and the burning of excess liquidity and the cancellation of remaining old tokens after migration. Sonic Labs emphasized that these transactions do not involve token sales and will not affect user funds. Previously, Sonic Chain completed dual-network migrations from Ethereum and Fantom Opera Networks. This integration is part of the cleanup phase.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Shiba Inu Price Analysis: Layer 3 Innovation and Bullish Momentum Ahead
Shiba Inu shows recovery signs with key support holding and rising trading volume.
Shibarium and Layer-3 upgrades strengthen utility, privacy, and ecosystem expansion across the network.
Burn mechanisms and government-linked holdings add attention and long-term market interest.
Shiba Inu
CryptoNewsLand33m ago
Cosmos Hub's Osmosis Integration Proposal Fails Governance Vote; Osmosis to Continue as Independent Blockchain
The Cosmos Hub's proposal for Osmosis integration failed narrowly, with Osmosis acknowledging the outcome. The team will maintain independence, focusing on user safety and progressing their roadmap. Further updates will follow.
GateNews52m ago
Tether 挹注 150M美元救援 Drift Protocol，反觀 Circle 因疏失遭集體訴訟
Drift Protocol faced a $280 million loss due to a hack, prompting Tether to launch a $150 million recovery plan, switching settlement assets to USDT. Meanwhile, Circle faces a lawsuit for failing to freeze stolen funds, highlighting regulatory ambiguities in the crypto industry.
ChainNewsAbmedia55m ago
Pi Network Requires Mainnet Upgrade to v22.1 by April 27 or Risk Disconnection
Pi Network announced a mandatory upgrade to Protocol version 22.1, requiring completion by April 27, 2026, to maintain network connection. The upgrade is seen positively for enhancing security and performance, with next version expected by May 11, 2026.
GateNews1h ago
TRON launches a post-quantum cryptography upgrade plan; detailed roadmap still to be announced
TRON founder Justin Sun publicly announced on the X platform this week that the TRON network will launch a post-quantum cryptography (PQC) upgrade plan, aiming to directly integrate anti-quantum cryptographic signature standards into the TRON mainnet. As of April 17, Tron DAO has not released any formal governance proposals or technical documents; the related announcements are currently limited to Justin Sun’s public statements.
MarketWhisper1h ago
Can Metaplanet use financing from the “king of the Tokyo death spiral” to buy Bitcoin—only to keep itself alive with EVO before Bitcoin rises?
Bloomberg reported that U.S. investor Michael Lerch and his EVO fund focus on providing liquidity to cash-strapped small and mid-sized businesses, mainly through floating strike warrants. EVO holds a dominant position in the Japanese market, but its financing tools also face the risk of equity dilution. Metaplanet and EVO partnered and pivoted into a Bitcoin reserve company; however, its increased stock price volatility and reliance on funding have heightened operational uncertainty.
ChainNewsAbmedia3h ago
