Time for a thread. The TLDR is today Sonic has a new NFT marketplace to fill the temporary void. @0x_Apparition is live and pre-loaded with a handful of Sonic's most popular collections. 👻 🧵👇

@StaniKulechov would love to hear your thoughts on this.

Spicy reply to 𝑡ℎ𝑎𝑡 @beets_fi proposal on $S.

gm gm

YO mother fuckers. What are you doing? Vote for the v2 pool goglz / $s on @ShadowOnSonic ... What the fuck is wrong with you goglerz @GOGLZ_SONIC? I'm ashamed of you...

Damn! derp.

One token weathered the storm better than all the rest. Nope. Not BNB. GOGLZ. They stay on. Liquidation tsunami couldn't take em off, nothing will.

2nd order effects of Flying Tulip on the Sonic eco should not be ignored The ftUSD loop (USDC → Aave → borrow $S → stake $S → supply stS) means tons of USDC in Aave = cheap looping for farmers 🔸lots of potential new Aave markets (sftUSD PT. Ethena etc) due to Aave $USDC sink (lots of borrowable $USDC) 🔸expecting a ton DeFi activity from this, at the very least users from all chains to fill $USDC borrow gap stS↔S loop becomes a token sink for $S, and with part of the raise in $S, $S float will continue to reduce. as we have learned from yesterday, liquidity on $S is quite thin across the board, new CEO and DAT expected to prioritize token price flying tulip 2nd order effect = recipe to really send $S ⬆️. treasury DAT funds greater than the current MC, really hard fumble further from here

Last night’s market cascade was another reminder of how fast things can move in crypto when leverage unwinds against a backdrop of global uncertainty. These moments test conviction and show why strong foundations matter. $S, like much of the market, saw sharp volatility, but nothing about Sonic’s fundamentals has changed. We have a strong balance sheet, best-in-class tech, and a mission built for the long haul. Through it all, the Sonic network performed exactly as designed. Zero pending transactions, hundreds of TPS sustained for hours, near-instant finality, and sub-cent fees. No congestion across DEXs or infrastructure. Pure, consistent performance. As the dust settled, we added just over 30 million more $S to our treasury, purchasing roughly $6M USD directly from the market, as we believe this will deliver stronger long-term ROI than sitting in stable reserves. Markets move in cycles, but our focus doesn’t change. Building real technology, real partnerships, and products that last. To our builders, validators, and community: stay focused. The work continues today, just like it did yesterday.

.@Rabby_io hmm no update on what happened yesterday? Metamask was working but Rabby seemed to have pooped out...

Halp $BTC $ETH $S

I fell asleep with a full beer in my hand. Woke up with the same beer still in my hand. Leverage won.

good fee day atleast, gotta take the dubs when you can

Holler if you are still alive!

Show me the worst charts you’ve seen today

Stop looking at the market dip, look at that ass and be happy. GN 🌙

Damn son!

HOLY FUCKING NUKE wtf happened? I blame community