Original | Odaily Planet Daily

Author: Azuma

The market remains quiet, but it is never lacking in excitement.

This morning, two popular Layer 1 networks, Sonic (formerly Fantom) and Monad, suddenly started to argue with each other, and even the founders of both sides personally intervened.

As the two Layer 1 tracks with the highest expectations in the community, Sonic was born out of the once popular Layer 1 network Fantom, and is now being redesigned by the well-known DeFi master Andre Cronje, while Monad was born out of the market-making giant Jump Trading, which completed a $225 million financing led by Paradigm at a valuation of $3 billion last April. From the perspective of track competition, the two Layer 1s do have a natural competitive relationship, but it seems that there is no need to speak so directly to each other, so what happened last night?

The sequence of events is as follows.

First, Sonic officially released a celebration video on January 12th, announcing that the total locked value (TVL) of the new mainnet exceeded 100 million US dollars. This is a routine marketing operation by the project party and there is nothing wrong with it.

Jump Trading地址目前所持3.65亿美元加密资产中超70%为稳定币

Popular Articles