Sonic Labs Surges to 3rd Place for Daily Crypto Flows, Driven by $2.2M Inflows

Sonic Labs has achieved a significant milestone, ranking third in daily net crypto flows across all chains. Over the past 24 hours, the protocol received an impressive $2.2 million in inflows, highlighting growing investor confidence in its $S token. This surge is driven by Sonic Labs’ rapid adoption as a scalable and user-friendly platform for DeFi offerings, attracting both new and experienced users. 📈 The spike in capital inflow signals potential shifts in market attention toward Sonic Labs as it competes in a crowded DeFi landscape. The team is yet to disclose specific reasons behind the recent influx of inflows, although strategic partnerships or upcoming token utility updates are suspected to play a role. 🕵️‍♀️ While competition between L1 and L2 networks intensifies, Sonic Labs’ strong performance positions it as a serious contender.