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Sonic Updates ETF Token Allocation Plan: Only Execute When S Price Exceeds $0.50

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$0.0728-1.35%
Sonic Labs updated its ETF news token allocation plan, stating it will only mint ETF quotas when the S token price exceeds $0.50. The plan caps issuance at 100 million tokens, with a total value limit of $500 million. Tokens will be locked in the regulated product and not listed on secondary markets. The company reiterated that the U.S. ETF listing remains a key strategic goal. Bitcoin ETF news continues to drive market attention as major projects adjust their compliance timelines.
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