If I tell you that at 8 o'clock tonight, the first blockchain project deeply bound to TikTok will be launched, would you be a little curious? This is not a PPT project with only concepts, but a hard-core product based on a traffic pool of 1 billion users and focusing on high-performance game chains - Sonic SVM! Blockchain narratives have never been so sexy. TikTok's young traffic, the social culture of the new generation, and the comprehensive empowerment of on-chain technology have all made Sonic SVM one of the most noteworthy coin issuance projects at the moment. Can we get on board this wave? Let's break it down and explain it clearly!
Sonic SVM’s positioning: Does Solana need Layer 2? Don’t be fooled by the name!
Image source: @_FORAB
When it comes to Sonic SVM, people may be confused by its name "Solana Layer2". The question is: Isn't Solana a self-proclaimed "chain flyer" with high performance? Why does it need Layer2?
Although it is called "Solana Layer2", Sonic SVM is actually a "Specific Layer2" that is optimized for high-frequency interaction scenarios such as games and social networking. Its mission is not to simply improve Solana's performance, but to provide an independent scaling solution for high-frequency trading applications (such as games or NFT interactions). Imagine how terrible it would be to lose a game in a high-frequency interactive game because of a blockchain jam! The existence of Sonic SVM is to make these high-frequency transactions and on-chain interactions smoother, and to prevent users from being "dissuaded" by technical problems.
When the actual TPS of the Solana main chain is in the range of 2,500-4,000, a large number of high-frequency interactive applications may cause the main chain to freeze, thus affecting the user experience. However, Sonic SVM provides a smooth interactive experience for these application scenarios through independent architecture design, and avoids affecting other applications on the main chain.
Why do games and social chains need Sonic SVM more?
- High-frequency trading requirements: In gaming scenarios, every click triggers an on-chain transaction, and failed or delayed transactions can greatly reduce the user experience. Sonic SVM provides more efficient and stable on-chain support for these gaming scenarios.
- Customized functions : For gaming scenarios, Sonic SVM provides specialized data structures, cache mechanisms, and parallel processing solutions to make the gaming experience smoother.
- Independent governance and economic model: Sonic SVM’s scalability also includes independent resource allocation and governance mechanisms, allowing game developers to customize on-chain rules according to their needs.
Sonic SVM’s Narrative: TikTok+On-chain, the Infinite Imagination of Generation Z
TikTok on the chain: Is it a gimmick or a traffic killer?
The narrative of Sonic SVM is not limited to the technical level, but is also deeply tied to TikTok, a global traffic giant. This combination not only brings Web2 users closer to the blockchain, but also creates a new way of on-chain interaction.
In terms of specific operations, the Sonic team launched the SonicX point-earning game on TikTok. Through TikTok's advanced advertising and creator cooperation, it was widely disseminated, thereby gaining millions of real-name users.
Then, through the chain abstract wallet, these users can seamlessly connect from TikTok to their own SVM public chain, so that some users can be converted back to Solana. Therefore, this has also been officially supported.
- On-chain gaming experience without any barriers: Players can directly access SonicX games through TikTok's native browser, without the need for a wallet or complicated on-chain operations, greatly reducing the entry barrier for Web3.
- Socially driven virality: Through TikTok advertising and collaboration with content creators, Sonic SVM is able to quickly attract users and lock them into the ecosystem through on-chain interactions within the game.
Benchmarking TON: Sonic SVM's social chain ambition
The layout of Sonic SVM reminds people of the success of TON (The Open Network). TON has become a leader in social chains based on Telegram's user ecosystem. Sonic SVM hopes to use TikTok's huge traffic pool to create the next benchmark for the integration of social and chains. Considering TikTok's monthly active user scale of over 1 billion, only 1% of the user base means that Sonic SVM can reach 10 million people.
The future of "social + chain"
The real value of Sonic SVM lies in its seamless integration of gamified on-chain interactions with social networks. This model not only improves user stickiness, but also provides new possibilities for the mainstreaming of the blockchain industry. As its CEO and former ByteDance product manager Chris Zhu said: "The blockchain industry always talks about a billion users, but it has not even reached the threshold of one million users. TikTok provides the possibility of reaching a billion users."
Investment Value: Why is Sonic SVM worth paying attention to?
1. Data analysis and market expectations
The following are the key data and market benchmarks of Sonic SVM:
- Financing background : In June 2024, Sonic SVM completed a US$12 million Series A financing round with a valuation of US$100 million. Investors included well-known institutions such as Republic, OKX, Bitkraft and Galaxy.
- Token Economy : The total number of Sonic SVM tokens is 2.4 billion, with an initial circulation of only 15% (360 million), of which 7% is airdropped. This low circulation design ensures that the team and early investors will not cause selling pressure on the market.
- Listed exchanges : Bybit, OKX, Bitget, KuCoin, Gate
2. Future growth potential
The market potential of Sonic SVM does not come only from the increase in its token price, but also from the expansion of its ecosystem:
- TikTok-driven user growth: Sonic SVM can attract more than 10 million users by covering only 1% of TikTok's total users. This scale effect will greatly enhance its market influence.
- Ecosystem construction and superposition effect: Sonic SVM has hosted 67 game applications, and SonicX is just the beginning of its layout. As more developers join, its ecological value will continue to increase.
Sonic SVM valuation analysis: track and market benchmarking assessment
The valuation of Sonic SVM can be divided into three core tracks: TikTok application layer, Solana/SVM expansion solution and game application chain on Solana . By benchmarking the market value performance of leading projects in the industry, the potential of Sonic SVM has gradually become clear.
Compared with Toncoin (28.5B) and Kaia (1.17B), Sonic SVM has great growth potential with the potential of TikTok's over 1 billion monthly active users. If its deep integration with TikTok is successful, its market value may usher in exponential growth.
Sonic SVM is positioned as Solana's "Specific Layer2", providing expansion capabilities for high-frequency trading scenarios. Compared with Optimism (8.03B), Arbitrum (7.59B) and Jupiter (8.91B), it has great potential in high performance and customization, but ecological expansion needs further verification.
As a high-performance gaming chain on Solana, Sonic SVM can be compared with Immutable (2.75B) and Ronin (1.88B). Its initial valuation is low, but with the growth of users and the improvement of the ecosystem, there is significant room for future growth.
Sonic SVM's initial layout window is concentrated in the FDV range of US$200 million to US$300 million. Its biggest highlight is the TikTok application layer narrative and high-frequency interactive technology support, but it needs to continue to verify the ecological expansion and user retention capabilities.
Potential risks and countermeasures
1. TikTok dependency
The success of Sonic SVM is highly dependent on its partnership with TikTok. If TikTok changes its policies or restricts on-chain advertising, it may have an adverse impact on its ecological expansion.
2. User retention and activity
Although Sonic SVM can attract users through advertising, how to retain users and keep them active is still a problem that needs to be solved.
3. Market competition
TON has established a leading position in the social chain field, and similar expansion solutions in the Solana ecosystem (such as Eclipse and SOON) are also rising rapidly. How Sonic SVM builds its differentiated advantages is the key to its long-term development.
Conclusion: Sonic SVM has a promising future, but it needs to be carefully planned
Sonic SVM is a project with both narrative value and technological innovation. Whether it is the technical role of Solana Layer2 or the ambition of TikTok's application layer, it represents a new direction for blockchain technology. For investors, the following points are worth paying attention to:
- Valuation strategy: If the opening FDV is between US$200 million and US$300 million, a phased layout will be a relatively safe strategy.
- Ecological progress: Pay attention to the promotion effect on TikTok and the user growth of SonicX games.
- Long-term development: As a narrative-rich project, the future value of Sonic SVM will depend on whether it can continue to attract users and expand the scale of the ecosystem.
In the blockchain industry, opportunities and risks coexist. Sonic SVM is an attempt worth exploring in depth. It is not only a technical project, but also an important milestone in the integration of the crypto industry and mainstream social media.
