Sonic Chain Launches on Binance Wallet Amid Early Token Drop

Binance Wallet has rolled out support for Sonic Chain, a rebranded version of the Fantom blockchain, marking a new chapter for the network led by DeFi pioneer Andre Cronje.

Binance Wallet has begun supporting Sonic Chain, the rebranded version of the Fantom blockchain.

The move marks a new chapter for the network, which is being led by DeFi pioneer Andre Cronje following his return to web3.

Integration of the chain also comes with early access perks, including upcoming airdrops of “S” tokens and other assets tied to the Sonic ecosystem.

While specific details on the airdrop are still under wraps, Binance has confirmed that users interacting with Sonic Chain through Binance Wallet or its Alpha trading interface will be eligible.

To access the new chain, users can navigate through the Binance app by selecting Markets → Alpha → Sonic.

Despite the major rebrand and a valuation of $1.65 billion, Sonic has struggled out of the gate.

The token has dropped 30% in value since the transition, casting doubt among early adopters who had expected a stronger debut following the platform’s upgrade.

The post Sonic Chain Launches on Binance Wallet Amid Early Token Drop appeared first on TokenPost | Crypto, Web3, NFT, Metaverse, Blockchain Latest News.

News data source: kdj.com

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