Sonic Blockchain Enters Next Growth Phase Under New CEO
Sonic Labs, under the leadership of new CEO Mitchell Demeter, is pivoting from hype-driven strategies to a fundamentals-focused approach. The EVM-compatible blockchain platform, formerly known as Fantom, aims to prioritize long-term growth, robust tokenomics, and sustainable ecosystem development.
The revamped model introduces fee-sharing mechanisms where developers earn from network activity, validators receive fixed rewards, and token burns create deflationary pressure. Global expansion, enhanced developer tools, and the launch of educational hub GMSonic underscore Sonic's commitment to industry-wide engagement.
Demeter's six-week tenure has already seen operational shifts toward execution, with new partnerships formed and team expansion underway. "We've shifted into execution mode," stated Demeter, emphasizing measurable results over speculative momentum.
