Sonic Labs has secured community approval to issue $200 million worth of its native S tokens, a move aimed at penetrating US capital markets and creating a bridge between blockchain and traditional finance. Key Takeaways: Sonic Labs received near-unanimous approval to issue $200 million in S tokens for U.S. market expansion. $100 million will back a Nasdaq-listed PIPE vehicle, while $50 million supports a token-tracking ETP. Sonic is establishing a U.S. entity to lead its push into traditional finance and modernize outdated tokenomics. The vote, which concluded Sunday , saw 99.99% of participating wallets back the plan. With over 700 million tokens used in the governance process, the proposal met the required quorum, signaling strong alignment within the Sonic community. Sonic to Allocate $100M in Tokens for Nasdaq-Listed PIPE Vehicle Sonic’s strategy includes allocating $100 million in S tokens to fund a strategic reserve supporting a planned Nasdaq-listed PIPE (Private Investment in Public Equity) vehicle. An additional $50 million will go toward backing an exchange-traded product (ETP) that tracks the S token. The product, according to Sonic, will be issued by a top-tier, regulated ETF provider managing over $10 billion in assets and custodied by BitGo. To support its U.S. expansion, Sonic will establish a new entity, Sonic USA LLC, and recruit a New York-based leadership team to steer its efforts in Washington, D.C., and across the traditional finance landscape. The project plans to allocate 150 million S tokens (valued at roughly $47.7 million) to jumpstart the new division. While a growing number of public companies have turned to crypto to diversify their balance sheets, Sonic is taking a different route, using established financial structures to push deeper into the crypto sector. The move marks a rare reversal of the typical crypto-to-TradFi playbook. Bottom Line Developers on Sonic can now integrate U.S. economic data, such as GDP, inflation, and consumption into their contracts. This will help fuel next-gen lending, derivatives, and risk products. — Sonic (@SonicLabs) August 28, 2025 Sonic launched in December 2024, evolving from the Fantom Opera network through a token migration where FTM tokens were swapped 1:1 for S tokens. However, Sonic inherited restrictive tokenomics from Fantom, with less than 3% of tokens controlled by the Foundation, leaving the team with limited flexibility to fund initiatives or forge major partnerships. According to the project, this constraint caused missed opportunities, including potential engagements with GameStop, Robinhood, and Polymarket, and prevented early listings on major exchanges. “We have 2018 tokenomics. We need 2025 tokenomics,” Sonic stated in the proposal. Sonic Plans Gas Fee Overhaul to Boost S Token Deflation To counterbalance the new token issuance, Sonic will revise its gas fee system and increase the burn rate of transaction fees, aiming to apply deflationary pressure to the token’s supply. The company says this will allow it to participate in capital markets without diluting long-term holders. The S token has faced significant headwinds, dropping nearly 69% since its January debut, per CoinGecko. Meanwhile, Sonic is part of a U.S. Department of Commerce initiative to bring economic data onchain using Chainlink and Pyth oracles, enabling developers to access real-time macroeconomic indicators directly through its blockchain. In May, the High Court of Singapore approved a winding-up order against Multichain Foundation Ltd following a 2023 security breach that caused over $210 million in user losses. The order, issued on May 9 , 2025, came in response to a petition filed by Sonic Labs, which was among the platforms affected by the hack. The post Sonic Labs Gets Green Light to Issue $200M in Tokens for US Market Expansion appeared first on Cryptonews .
The WLFI coin is now listed on Binance in select trading pairs. WLFI is linked to World Liberty Financial, backed by Donald Trump's family. Continue Reading: Binance Lists WLFI: A New Era in Cryptocurrency Trading Begins The post Binance Lists WLFI: A New Era in Cryptocurrency Trading Begins appeared first on COINTURK NEWS .
BETH is a proof-of-burn token that issues a tradable on-chain receipt for ETH permanently destroyed on the network. BETH aims to make burned ETH usable in governance, incentives, and financial
For those with deep knowledge in chasing after meme projects, they can’t deny that a period of fatigue occasionally sets in, causing meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) to not deliver. Yes, Dogecoin and Shiba Inu have long been staples in the meme-coin investing landscape, but as of late, their shine is fading: Dogecoin is stuck in a range, trading around $0.23, with resistance near $0.25, despite whale accumulation. It simply lacks fresh catalysts. Shiba Inu is posting weak volume and inconsistent price action. Even scorching burn activity hasn’t sparked sustained rallies. The pattern is clear: meme-based momentum is stalling, leaving holders looking for the next big breakout. And recently, savvy investors who cut their teeth on DOGE and SHIB are pivoting to something with a stronger foundation, Remittix (RTX) . Smart Rotation: Why Shiba and Doge Holders Are Eyeing Remittix Here’s what’s fueling the shift: Two CEX listings, BitMart and LBank , have already been announced, with the latter being triggered by Remittix hitting $23 million in presale funds; this has attracted meme-coin holders seeking clearer growth potential. Whale investors tied to DOGE and SHIB have begun reallocating, evident from on-chain activity, suggesting rotation into a utility-first alternative. Headlines like “Remittix continues to blast past Dogecoin & Shiba Inu…” emphasize how a real-world payments angle is pulling capital from meme-drivers into tangible infrastructure. Essentially, fatigue with meme cycles is funneling interest toward assets with use, and Remittix is fitting the bill. What Makes Remittix So Magnetic Right Now Here’s why Remittix is capturing attention, not just from holders of Dogecoin and Shiba Inu, but from broader investor circles looking for real utility: Over 637 million tokens have been sold already at a price of under $ 0.1000. Millions of people in more than 30 developing countries will experience the ease of transferring cryptocurrencies to their bank accounts and vice versa, all for low fees. The Remittix code has been audited by CertiK, boosting big-time confidence. Utility > hype: Analysts see 10x–20x near-term potential, and some even 100x returns if the rollout, such as the beta wallet set for launch in two weeks, gains further traction. In short, Remittix appeals because it’s grounded in utility, not catchy branding. A Utility-Bound Moonshot Rising Dogecoin and Shiba Inu reigned over meme mania, but the landscape is evolving. As meme-led excitement fades, DOGE and SHIB holders are quietly pivoting, seeking growth that isn’t tethered to tweets or virality. That’s where Remittix comes in. It’s not a meme; it’s a PayFi platform aiming to rewrite how people move money. With solid presale traction, exchange listings, audit credentials, and a live wallet on the horizon, Remittix is shaping up as the potential next crypto moonshot, especially for those who recognize substance over fickle sentiment. Discover the future of PayFi with Remittix by checking out the project here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix $250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post Dogecoin and Shiba Inu Holders Turn to Remittix Predicted as the Next Crypto Moonshot appeared first on Times Tabloid .
If BETH shifts perceptions of scarcity, will this momentum accelerate or collapse?
The official Litecoin account ignited a cross-community skirmish on X late on August 29 with a long, caustic “fun fact” that veered into an elaborate mock of XRP’s bank-rail narrative and even a jab at Ripple CEO Brad Garlinghouse, nicknamed “Brad Garlicmouse” in the post. The message likened the smell of comets to “the idea that tokens called XRP would be sold off to retail investors with the illusion that a digital bank drive-up tube is worth more than the money it transfers back and forth because there are only so many tokens in existence,” before concluding with a snide aside about “the president… sleeping with Brad Garlicmouse.” The post quickly ricocheted across Crypto X, drawing heavy engagement and heated replies. As replies piled up, the Litecoin handle adopted a meta-commentary, positioning the episode as part of a broader “roast” bit across communities. “I roast Solana: We laughed, we cried, little pushback. I roast MYSELF: Funny, but true. I roast XRP: Diarrhetic vitriol for 2 full days, threats of legal action, horrible takes on market cap and sitting at a paid for seat at a crypto council as the only measuring stick for success. Sounds about right.” Later, in an apparent attempt to defuse, it wrote: “Damn. Y’all gotta stop taking X so seriously. Go eat a hot pocket and I’ll see you in the morning if I’m not fired before then.” The XRP Community Reacts XRP-aligned accounts responded with a mix of counter-narrative, receipts, and ridicule. One widely referenced theme was founder conduct and credibility. “Fun fact: Satoshi Lite publicly dumped all his Litecoin at the top. If your coin was worth something, why sell it all?” wrote @SamTheCarpetMan, resurfacing Charlie Lee’s December 20, 2017 post announcing he had sold his LTC holdings. Several community figures framed the roast as a brand misstep. “Whoever the intern for this page is— not a good look,” wrote @CredibleCrypto. EGRAG Crypto delivered a pointed quip—“The word ‘lite’ suits your stance”—while @X__Anderson contrasted enterprise engagement with merch-table nostalgia: “While Ripple was meeting with banks & financial regulators all over the world to transform the financial system, Charlie Lee was in his basement printing Hodl shirts, followed by dumping his remaining Litecoin on his followers and cashing out into fiat.” Others took aim at market-rank dynamics: “Lincoln is scared of XRP. They should be. XRP long surpassed litecon years ago and litcon will never recover,” wrote @WizardInvestor. And some simply voted with their wallets. “Just sold my ltc,” said @Xlister86; another user, @actofage28, declared: “As of today, you’re being unfollowed and the remainder of my LTC will be swiped for XRP.” The Litecoin handle—leaning into the persona—parried much of it in-stream. When one commenter warned of potential “defamation/trade libel” exposure, the account replied: “Relax, sparky. I’m not in the digital bank tube market. Go play that crap with XLM.” Beneath the theatrics sat a familiar philosophical split—one the Litecoin account articulated bluntly in reply to an XRP holder: “What’s to recover? XRP is nothing like litecoin in both construct and purpose. They’re literally at different ends of the spectrum. XRP wants to be the bridge between banks and Litecoin is the antithesis of that altogether.” That line, more than the comet gag, captured what the spat was really about: divergent visions of crypto’s endgame. XRP’s community continues to press a thesis of institutional integration and cross-border settlement rails; Litecoin’s social voice cast itself as a contrarian to bank-linked architectures, more in the mold of peer-to-peer electronic cash. The controversy also revived long-running debates around founder sales and community trust. Charlie Lee’s 2017 divestiture—framed at the time as a bid to avoid conflicts of interest—has remained a lightning rod for critics who equate it with abandonment. Meanwhile, wallets associated with the Ripple founders have been selling millions of tokens each month, a pattern renowned on-chain analyst @zachxbt highlighted again last week. At press time, XRP traded at $2.72.