In the second half of 2023, I worked at a small fund when the market sentiment was still in a bear market state of extreme uncertainty about the future. I was tasked with researching the development status and ecological state of Fantom, and assessing investment strategies. The mainstream view at the time was that Fantom was' dead '. With the assistance of L2 technologies such as Arbitrarum and Optimism, the Ethereum ecosystem began to launch reverse witch attacks on other EVM compatible L1 resources, resulting in significant visible loss of Fantom's TVL, developers, and users. But after completing the research on Fantom, I came to the following two conclusions: one ️⃣ Fantom Ecology follows AC's philosophy of time and hides in tombstones 🪦 Hibernation, waiting for the bull market to recover; two ️⃣ Fantom's DAG+magic modified Byzantine consensus mechanism is an L1 technology path with great potential for upgrading. Sure enough, time will eventually prove everything. When encryption ushered in a new bull market, Andre Cronje (AC), the legendary figure known as the "Godfather of DeFi," returned to the battlefield and embarked on the journey of Fantom's rebirth. AC Returns: From Fantom to Sonic At the end of 2024, Andre Cronje finally pressed the resurrection button and launched a two pronged strategy to reshape Fantom: 1、 Technological Upgrade and Brand Rebirth Fantom → Sonic is not simply changing the brand and token symbol, but using popular modular construction, consensus and execution decoupling, virtual machine support for TX parallel processing, database storage and index optimization, and other technical primitives to completely reconstruct the block production process. After refactoring, as a new high-performance parallel EVM public chain, Sonic has excellent performance and achieved the following nuclear level effects: --Super transaction throughput capability: from Opera's 30 TPS to an astonishing 10000+TPS, block confirmation compression to sub second level, a leap in magnitude --Fantom Virtual Machine (FVM) supporting parallel processing states: 65 times faster execution of smart contracts while maintaining full compatibility with Ethereum tools and contracts --Lightweight Carmen database: Introducing flat storage mechanism to replace traditional tree structure, reducing storage requirements by 90%, and reducing archive nodes from 11TB to less than 1TB --Node cost drops sharply: Verification node costs decrease by 66%, RPC node costs plummet by 96%, truly achieving "low-cost decentralization" In addition, in the route dispute between the high-performance L1 vertical expansion route and the L1+L2 parallel expansion route, AC stands on the side of the high-performance L1 vertical expansion route. On the developer side, the biggest challenge for the high-performance L1 vertical expansion route comes from the parallel expansion route of the AppChain solution. In order to retain the hearts of developers, Sonic has a built-in Fee Monetization (FeeM) model, which allows developers to receive up to 90% of the gas fees generated by their own applications, and supports developers to customize the amount of gas fees charged. This meets the high demand of developers to deploy both composability and unified liquidity in L1, as well as the customizable parameter features of AppChain. Sonic's public blockchain business model has also shifted from the traditional blockchain space rental model to a developer network revenue sharing model. In addition, on the consumer side, Sonic draws on the design of the consumer chain and natively supports AA accounts, allowing users to create Sonic wallet addresses for their social media accounts/email. Sonic Labs can subsidize gas fees for new users, so that first-time users do not need to purchase tokens. This mechanism completely breaks the vicious cycle of 'you must buy tokens before you can use them', and minimizes the threshold and cost of user onboarding as much as possible. 2、 Sonic Points Airdrop Program: Ecological Incentives for Continuous Flow Compared with other "one shot buy and sell" airdrops, the integral design of Ve (3,3) inventor AC is significantly more game deep. The Sonic airdrop program has a total of 190500000 $S tokens, all of which are aimed at real users and do not have any special shares reserved for investment institutions. Its seasonal points mechanism is truly ingenious: users hold tokens on the Sonic network and actually use them in DeFi applications to earn points, which are then redeemed for S at the end of each quarter. This design cleverly avoids the phenomenon of 'running after finishing' 🏃‍♂️💨， Created sustained user engagement momentum. If traditional airdrops are "pepper spray", then Sonic's airdrops are "precision drip irrigation" 💧—— Cultivate genuine ecological participants, not Maoist parties. At present, the Sonic ecosystem has introduced a number of heavyweight DeFi applications: Aave, Silo, Euler, Avalon, Shadow, SwapX, Ichi, Beets, Beefy, Origin, etc. These are all real TVL and real-world scenarios, rather than empty castles in the white paper. Artillery on X: Sonic and Monad's' High Performance Parallel EVM War ' Whether an ecosystem is truly recovering can often be seen from the reactions of competitors. When Sonic announced the milestone of TVL surpassing $100 million, Monad team member Tunez immediately fired 🔫， Mocking this was almost equivalent to the amount of money Fantom lost in the Multichain hacking incident (approximately $126 million). This clearly provocative statement immediately triggered AC's counterattack. AC's response directly points to Monad's core pain point: from the initial promise of "parallel EVM" to the current "MonadDB", the frequent changes in technology roadmap imply that it cannot deliver the performance initially promised. More sharply, he pointed out that Monad's development network is a fork of Avalanche, and the fees still use AVA tokens. These accusations were subsequently denied by the co-founder of Monad. Behind this verbal battle is a slowly unfolding high-performance parallel EVM war: who can truly achieve high-performance parallel EVM? Who can devour more TVL, developer resources, and market attention in the future? Sonic's sudden rise has had a certain impact on Monad's track leader address. Compared to the popular parallel EVM narrative in this bull market, Monad, despite its astonishing valuation, is still in the testing stage; MegaETH is also highly sought after, but lacks a mature application ecosystem; And Sonic already has a complete technology stack and a growing ecosystem. Currently, Sonic is in the optimal value discovery stage: The technical foundation has been significantly upgraded ✅ Reasonable and sustainable design of ecological incentive mechanism ✅ Deep binding of developer interests and network benefits ✅ Inheriting Fantom's accumulated brand awareness and community foundation ✅ I expect that as more applications migrate to Sonic and enjoy its high-performance and developer revenue sharing model, its ecological activity will continue to rise, creating solid support for token value. Bear market cultivates strength, bull market verifies value 🐻 → 🐂。 In this high-performance parallel EVM war without gunpowder, Sonic has quietly frontrun for a while. above. 🔚