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Cetus Protocol is keen on moving past the tragic security breach in May with a new recovery plan for affected users. Amid the frenzy for a relaunch, SUI and CETUS prices are surging, but $60 million worth of stolen funds remain unrecovered. Cetus Protocol To Relaunch On June 8 Nearly two weeks since Cetus Protocol
The post Sui’s Cetus Protocol Unveils Recovery Plan, Targets June 8 Relaunch appeared first on CoinGape.
The crypto market in 2025 is facing intense turbulence. The capitalization of once-hot trends like meme coins has plummeted. Capital has flowed out of decentralized finance (DeFi) protocols, driving DeFi’s total value locked (TVL) down from $120 billion to around $87 billion.
In this context, Sonic stands out. It has consistently hit new TVL highs, reaching $1 billion in April after growing nearly 40 times since the beginning of the year. So, what makes Sonic a bright spot amid a stormy market?
Sonic has made its mark with a rapid TVL growth rate, far outpacing better-known blockchains. According to DefiLlama, Sonic reached $1 billion in TVL within 66 days. In comparison, Sui took 505 days, and Aptos needed 709.
This achievement reflects strong capital inflows into the Sonic ecosystem despite the broader DeFi trend of capital withdrawal. Data from Artemis supports this, ranking Sonic as the second-highest netflow protocol this year—trailing only Base, a blockchain backed by Coinbase.
The growth goes beyond TVL numbers. Sonic’s ecosystem is attracting various projects, including derivatives exchanges like Aark Digital and Shadow Exchange and protocols such as Snake Finance, Equalizer0x, and Beets. These projects still have small TVLs, but they have the potential to draw new users and capital, fueling Sonic’s momentum.
However, the question remains: Can this capital inflow remain sustainable while the market fluctuates?
Andre Cronje, the developer behind Sonic, shared his ambition in an interview to push this blockchain beyond its competitors.
“Sonic has sub-200 millisecond finality, faster than human responsiveness,” Andre Cronje said.
According to Cronje, Sonic isn’t just about speed. The platform also focuses on improving both user and developer experience. He explained that 90% of transaction fees go to dApp, not to validators, creating incentives for developers to build.
Unlike other blockchains, such as Ethereum, which are limited by long block times, Sonic leverages an enhanced virtual machine that theoretically processes up to 400,000 transactions per second. Cronje acknowledges, however, that current demand has yet to push the network to its full capacity. Still, these technical advantages make Sonic a compelling option for developers seeking more user-friendly dApps.
He also revealed new features on Sonic that have the potential to attract users.
“If your first touch point with a user is to download this wallet and then buy this token on an exchange, you’ve lost 99.9% of your users. They’ll use their Google off-email password, fingerprint, face, whatever it is, to access the dApp and interact with it, and they’ll never need to know about Sonic or token,” Andre Cronje revealed.
Despite reaching impressive milestones, Sonic is not immune to risk. The price of its token, S, has declined significantly from its peak. According to BeInCrypto, it has dropped around 20% in the past month—from $0.60 down to $0.47—mirroring the broader market’s volatility.
Furthermore, Grayscale recently removed Sonic from its April asset consideration list. This decision reflects a shift in the fund’s expectations and raises concerns about Sonic’s ability to maintain its TVL should investor sentiment deteriorate.
Sonic also faces fierce competition from other high-performance chains like Solana and Base. Although Sonic holds a clear advantage in speed, long-term user adoption will depend on whether its ecosystem can deliver real value, not just high TVL figures.
The post Sonic Blockchain Hits $1 Billion TVL in Just 66 Days Amid Crypto Market Turmoil appeared first on BeInCrypto.
Robinhood has filed a 42-page proposal with the U.S. Securities and Exchange Commission (SEC), seeking a federal framework to enable the legal issuance and trading of tokenized real-world assets (RWAs) across the United States. The company’s plan outlines a structural approach aimed at integrating tokenized markets within the existing financial system. Robinhood Plan to Legalize Tokenized Assets According to Forbes, Robinhood’s proposal seeks to modernize U.S. securities regulation by establishing token-asset equivalence. This would mean that a digital token representing an asset, such as a government bond or equity, would be treated the same as the asset itself. Robinhood argues that this model would eliminate the need for duplicate regulatory systems and would allow broker-dealers to trade and custody tokenized assets under existing securities laws. The company aims to streamline trading operations by reducing ambiguity around digital asset classification. The proposal also requests the creation of a unified national framework… Read More at Coingape.com
The post Just In: Robinhood Files With SEC Plan to Legalize Tokenized Assets Across the US appeared first on CoinGape.
The post Good Game Group Launches $GDGM Token to Power Next-Gen Web3 Gaming and Community Engagement appeared first on Coinpedia Fintech News
As blockchain technology continues to reshape the digital entertainment industry, one of the latest integrations of Web3 and gaming has emerged through the launch of the $GDGM token this week. Announced in collaboration with TheBlock. — The International Chamber of Virtual Assets – — Good Game Group is bringing its vision for a globally interconnected gaming ecosystem to life with this bold new step.
The launch of $GDGM is a strategic blend of content, community, and commerce—three pillars at the heart of Good Game’s operations. The token, built on the Avalanche blockchain, is set to unlock a wide range of experiences and opportunities for its holders, from exclusive gaming events to collectible digital assets and in-game rewards.
The gaming industry is massive, with over 3.3 billion players worldwide and a market size exceeding $240 billion. Yet, it lacks a unifying platform that brings together the best of entertainment, community engagement, and digital asset ownership. Good Game Group is positioning itself to change that.
With $GDGM, the company says it wants to create a seamless bridge between its physical Hubs—where the core Reality Show (reaching 1 billion impressions in 2025), live tournaments and content creation take place—and its expanding digital footprint. The token serves as both a utility and access mechanism, giving holders a range of exclusive benefits – VIP access to live tournaments and reality-show filming, behind-the-scenes content and influencer interactions, merchandise and collectible NFTs, staking rewards, gamified incentives, and more.
Critical to this launch is the partnership with TheBlock, a Dubai-based virtual asset chamber designed to support startups and scale-ups in the blockchain space. Known for providing regulatory guidance, business development support, and access to investor networks, TheBlock. offers a fertile environment for the $GDGM token to thrive.
Dubai’s rapid ascent as a leader in digital asset innovation is well-aligned with the ambitions of both Good Game and TheBlock. The city’s favorable regulatory climate and investment-friendly infrastructure have attracted global interest, and this collaboration is set to further solidify its status as a Web3 capital.
“We built TheBlock. to empower blockchain projects like Good Game to launch and scale effectively,” said Farbod Sadeghian, Founder of TheBlock. “Dubai is becoming a global leader in digital assets, and we’re excited to support Good Game’s journey within our ecosystem.”
In addition to TheBlock., the launch of $GDGM is backed by AMN Virtual Asset FZE and Pegasus Fintech Group. These strategic allies bring a wealth of expertise in compliance, infrastructure development, and ecosystem integration, ensuring that the token’s rollout is both secure and scalable.
The choice of Avalanche as the underlying blockchain further enhances the project’s efficiency and speed. Known for its high-performance architecture, Avalanche allows near-instant transaction processing and minimal fees—essential for a token that will be used in high-volume, real-time gaming environments.
The pre-token generation event (TGE) rounds for $GDGM are now open to select partners, with a public sale scheduled to launch later in April. Additional details, including a comprehensive Light Paper, are available on Good Game’s official website.
The post Good Game Group Launches $GDGM Token to Power Next-Gen Web3 Gaming and Community Engagement appeared first on Coinpedia Fintech News
As blockchain technology continues to reshape the digital entertainment industry, one of the latest integrations of Web3 and gaming has emerged through the launch of the $GDGM token this week. Announced in collaboration with TheBlock. — The International Chamber of Virtual Assets – — Good Game Group is bringing its vision for a globally interconnected …