Sonic Labs, previously known as the Fantom Foundation, announced via X on Thursday that SQD will launch on the Sonic blockchain. SQD is a decentralized data access layer that offers developers raw historical on-chain data at near-zero cost.
Fantom is building a programmable platform on a directed acyclic-graph-based distributed ledger. Its FTM coin is down 3% in the last 24 hours and is currently trading at $0.675.