Sonic
FTM | Andre Cronje & SONIC UPGRADEThe Future of DeFi: Insights from Andre Cronje & the Sonic Network
Andre Cronje, a pioneer in decentralized finance DeFi, has long been a critical voice in the evolution of blockchain technologies. His journey, which spans revolutionary projects like Yearn Finance to his current work with the Sonic Network, provides valuable insight into the challenges and opportunities shaping the DeFi landscape
Evolving Challenges in DeFi and Regulation
Cronje’s recent discussions frequently highlight the shift in DeFi from its nascent, experimental stages to a more mature, regulated industry. As governments and regulatory bodies increase scrutiny, developers are forced to navigate a complex maze of compliance. Cronje emphasizes the importance of engaging traditional finance professionals to bridge the gap between on-chain technology and regulatory frameworks, a step he acknowledges was challenging but necessary. This convergence, though fraught with hurdles, marks a vital evolution as the DeFi space seeks broader legitimacy.
Sonic Network: A Vision for NextGen Blockchain Performance
At the forefront of Cronje’s work is the Sonic Network, a high-performance blockchain designed to tackle critical bottlenecks in DeFi. Built on innovations like the Carmen database and customized for Ethereum Virtual Machine (EVM) compatibility, Sonic addresses issues of scalability, speed, and usability. With features like over 10,000 transactions per second TPS and sub-second finality, Sonic is poised to redefine the user experience in DeFi applications. Its fee-sharing model also redistributes 90% of transaction fees back to decentralized applications (dApps), incentivizing innovation and reducing reliance on validators.
Technological Plateaus and the Need for New Leaps
Cronje frequently underscores that DeFi’s progress is not linear but iterative. The field has often reached technological plateaus, awaiting breakthroughs like the advent of zero-knowledge proofs or significant enhancements in execution environments. These advances, Cronje believes, will enable the next wave of DeFi applications, allowing for trustless exchanges, oracles, and execution layers to replace current, trust-dependent systems.
The Shifting Demographics and Culture of DeFi
One of Cronje’s more provocative insights pertains to the cultural shift within DeFi. The early days were dominated by technologists and developers motivated by pure innovation. Today, the space is increasingly influenced by meme coins and speculative trading, drawing in a demographic less interested in foundational technology. While this shift has broadened crypto's appeal, it raises concerns about the dilution of DeFi’s original ethos of decentralization and technological advancement.
App Chains vs Layer1 Models
Cronje also critiques the growing trend of app-specific chains (app chains), which allow projects to customize their execution environments. While he acknowledges their appeal, particularly for gaming and niche use cases, Cronje believes their economic and operational overheads make them impractical for many teams. Instead, he champions models like Sonic’s, where developers can deploy on a scalable Layer 1 network and retain a significant share of value without the burden of maintaining a standalone blockchain.
The Path Forward: Balancing Regulation, Innovation, and Adoption
Looking ahead, Cronje envisions a DeFi ecosystem that balances regulatory compliance with technological innovation. Projects like Sonic embody this vision by reducing barriers for developers and fostering sustainable ecosystems. However, he warns that achieving this balance requires addressing cultural shifts, incentivizing genuine innovation, and maintaining a focus on decentralization
Andre Cronje’s work and insights serve as a guide for navigating DeFi’s complex future. From overcoming regulatory challenges to pioneering the Sonic Network, he highlights the necessity of technological evolution and the importance of maintaining DeFi’s foundational principles. As the space continues to mature, Cronje’s vision underscores the need for resilience, adaptability, and a commitment to innovation.
let’s talk about the price
Right now, BTC is slowing down, and whales are swimming in altcoin oceans. The Sonic upgrade is a great reason to send FTM’s price to the moon, so buy the dip and wait for a month
next targets for FTM or better to say S are 1.3, 1.5 and 1.9$
FTMUSDT - An irreplaceable opportunity!Weekly chart displays a breakout of a huge symmetrical triangle since more than 45months!
The price projection for the symmetrical triangle is the vertical distance between the base and the upper side pf tge pattern ...this distance shown as a green arrow which shown in the chart
That mains our target is 17$ , this target matches with the 1.618 fib level.
The FTM Phantom Coin Fund was backed with $200 million to accelerate the migration of partners for the launch of Sonic and its S token.
SONIC + FTM = S
It will be a huge event that was scheduled for last September and was postponed to December. The team's decision to postpone is appropriate.
Best regards Ceciliones 🎯
FTM looks strong but pull back is in play Fantom (FTM)
The release of Sonic seems to have high expectations, or is it just me!
I think a pull back to 0.8 could be a really good entry before Sonic goes live.
Whales seems too have appetite for FTM at the moment and we can expect some sensational news in the coming weeks. The FTM-price will appreciate exciting news before Sonic goes live.
If we have a deep BTC correction it could be a golden opportunity to ape into FTM before we see go to Sonic and moon?!
FTM breakout. UPCOM:FTM is making its move, breaking its structure to the upside. If you didn't build a position within the structure a breakout trade is your only option. Risk management becomes difficult but it can be done. The trend oscillator is looking strong suggesting a continuation. It also looks like momentum is going overbought.
FTM/Sonic is a bargin - longWill Fantom/Sonic overcome all skeptics?
My thoughts, not financial advice....
Anything under $0.50 for FTM is ridiculously cheap. Be prepared for the Sonic-train to move quickly.
Sonic testnet delivers speed of light, time to finality <0.7 seconds (today). Probably the fastest blockchain on earth?
Serious backing, great tech, and trend breakout (D)
DCA or come back later (buy higher)
LRC, LOOPRING, HOW MANY LOOPRINGS DO YOU THINK SONIC COULD EAT?Something is going on with this coin on the technical side.
There is literally no downside target that I can see right now, so I just labeled in MASSIVE SUPPORT TREND.
It looks like it is really close to making a move to the upside.
Somewhere around .8
Then it will likely hit some resistance there, but has a lot of potential to keep building support and climbing.
This coin looks incredibly bullish right now.
Things can change fast and if they do it will likely be a break of this trend (green).
The run up can take it to .45 and maybe a little higher, but the buy the dip price looks to be around .245. which would then take price higher to over 1 and beyond.
I'm gonna go with 3684 looprings for sonic.
What even is a loopring?
I'll attach more crypto TA to this idea.
oh and don't follow the guideline, pay more attention to the trends and price zones.
Weekly Momentum On Major Pairs (Week 46/2023)First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up.
XXX/USD: Slightly Bearish
Gold & Silver: Very Bearish
XXX/JPY: Mixed
Stock Indexes: Mixed
BitCoin/ETH : Very Bullish
WK 46 (11 Nov 2023)
Gold XAU/USD (The Bright Future Ahead?)View On Gold XAU/USD (3 Jan 2022)
Follow our previous Gold analysis? We have hit our TP level.
Well. almost.
Anyway, it shall go UP again sooner or later and soon $1,850 shall be on sight.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Weekly Momentum On Major Pairs (Week 38/2021)
First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up.
XXX/USD: Very Bearish
Gold & Silver: Very Bearish
XXX/JPY: Very Bearish
Stock Indexes: Slightly Bearish
BitCoin: Neutral
SONIC 2 alternate planImpulse has finished as price level 6.10THB
Since Aug 4th, graph is in correction phase.
Now price is going down as predict5 segment (a) as correction zigzag (5-3-5) , then plan1 will attempt price rebound as (b) as approx. 50%, 61.8% or 78.6% of (a).
- Plan 1; we will play once price go down around 78.6% (green color represent) of (a) as price as 4.05THB. At this point, we will looking for rebound pattern or candle stick , for real time monitor we will observe bid/offer & ticker. when market maker does start to pull pricing up , then we will follow buy market marker. and target will be 3 predictions (5.05 ,5.30, 5.65) for more clear picture pls pls find in graph.
Alternate plan as
- Plan 2 we will play once price go down around 61.8% (blue color represent) of (a) as price as 4.30 THB. At this point, we will looking for rebound pattern or candle stick , for real time monitor we will observe bid/offer & ticker. when market maker does start to pull pricing up , then we will follow buy market marker. and target will be 3 predictions (5.20, 5.40, 5.70) for more clear picture pls pls find in graph.
Weekly Momentum On Major Pairs (Week 22/2021)First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up.
XXX/USD: Slightly Bullish
Gold & Silver: Bullish
XXX/JPY: Bullish
Stock Indexes: Bullish
BitCoin: Slightly Bullish
BitCoin BTC/USD (Is the Tulip mania over?)View on BitCoin BTC/USD (21 May 2021)
Is the Tulip mania over?
The answer is YES.
We will not see the BTC 60K anytime again so soon.
After the BIG sell down yesterday, we are just experiencing some hard bounces. So the swing up can be quite high too.
But sooner or later, it will drift back lower. I expect we shall see 34K or lower soon.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Weekly Momentum On Major Pairs (Week 19/2021)First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up.
XXX/USD: Very Bullish
Gold & Silver: Very Bullish
XXX/JPY: Very Bullish
Stock Indexes: Bullish
BitCoin: Bullish
ThaiBev (More downside ahead?)View On TheiBev (17 Mar 2021)
We are seeing weakness in the counter. As far as I know Thai Bev have exposure in Myanmar Market.
0.72 is strong support and 0.69 will be the next support.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Gold XAU/USD (Trading can be the MOST Difficult Job)View On Gold XAU/USD (18 Jan 2021)
Gold had a STRONG STOP HUNT move in the morning and that moves cause traders to stop out from the long positions.
That is why proper risk management is important and learn about it before starting the trading career.
The market can immersivity reward you (or) another way around.
Now, It has covered abit but 1850~1865 region will become difficult resistant.
So, be careful with going long as long as the price couldn't break the region.
Let' see.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Eur/Usd (Eurozone will cracks soon?)View On EUR/USD (20 Jan 2021)
We had a strong swing up, upon reaching the support region of 1.208~1.216 & it may drift toward 1.222 region.
So, if you are looking for a short, it may be better for you to wait it out from the higher resistant level.
and once 1.205 level gets broken again, we can see the valid break down at that time.
Let's see.
DYODD, Our trade analysis may not suitable to intraday (or) short time frame trading.
Whatever method you use if you do not follow the proper rule of risk management, it will have detrimental effects on your account.
Feel Free to "Follow", press "LIKE" "Comment".
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.