Sonic Labs Introduces the Sonic Gateway

Twitter icon  •  Published 6 months ago on December 12, 2024  •  Hassan Maishera

Sonic Labs, previously known as the Fantom Foundation, announced via X on Wednesday that it has launched Sonic Gateway, a secure and decentralized bridge between Ethereum and Sonic.

Sonic Labs Introduces the Sonic Gateway

Sonic Labs, previously known as the Fantom Foundation, announced via X on Wednesday that it has launched Sonic Gateway, a secure and decentralized bridge between Ethereum and Sonic.

The Sonic Gateway also comes with Fast Lane. For a small fee, Fast Lane allows users to process their Gateway transactions instantly, skipping the usual waiting time.

Fantom is building a programmable platform on a directed acyclic-graph-based distributed ledger. Its FTM coin is up 15% in the last 24 hours and is currently trading at $1.3165.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.