Sonic reaches 100,000 wallets and 17 million transactions after testnet launch

Sonic, Solana's first L2 gaming infrastructure platform, reached two major milestones just days after the platform's testnet launch.

On Thursday, Sonic revealed that its network had registered more than 100,000 unique wallets and seen more than 17 million transactions processed, all within a week of going live with the Sonic Testnet Odyssey.

The sonic team x.com/SonicSVM/status/1804076840870428770″ target=”_blank” rel=””>aware on

Commenting on the milestone and the increase in current numbers, the Sonic team said that it is a testament to the massive demand and potential of the Sonic protocol.

First Atomic Layer-2 SVM for Gaming on Solana

Today's news comes just days after Sonic announced a $12 million Series A round led by crypto venture capital firm BITKRAFT Ventures. The protocol said the raise, which brought its total fundraising to $16 million, would go toward fueling further growth of Solana's gaming ecosystem.

Pioneering Layer 2 gaming platform SVM plans to use these funds to provide grants to projects. It also foresees a new addition of new games and developers to the Solana network.

User interactions increase in Sonic games

On Wednesday, Sonic said its SVM-compatible protocol brings several built-in mechanisms that game developers can leverage to create and deploy games on Solana. That includes customizable game primitives and a sandbox environment, which take advantage of Solana's fast network to deliver a great online gaming experience to users.

While still on testnet, Sonic has seen a significant number of transactions related to user interaction with native Sonic games such as Jogojogo, Rage Effect, Fomoney, and Lowlife Forms.

Sonic hopes to bring the Solana gaming ecosystem to the same level or surpass other segments such as DeFi, nft, and SocialFi. In 2024, meme coins also accounted for a large portion of user activity on Solana.

Events on the horizon that Sonic is eyeing for a bigger push include the Solana Kick Off: Shenzhen event in x.com/SonicSVM/status/1805263372880847178″ target=”_blank” rel=””>partnership with RateX and the Kyoto Web3 Gaming Summer event scheduled for July.