Binance Announces Support for a New Altcoin Network and Airdrop

Binance Wallet has officially integrated support for Sonic Chain, a new blockchain network formerly known as Fantom (FTM). The announcement also shared plans to distribute special “S” coins and other Sonic Chain ecosystem assets to active investors using Binance Alpha on Sonic Chain. While full details of the airdrop campaign are expected to be announced soon, Binance confirmed that eligible transactions include those made through Binance Wallet or the Binance Alpha platform. To access Sonic Chain, users can do the following via the Binance app: Select Markets → Alpha → Sonic or follow the same path via Binance Wallet. Related News: Here's the List of the 10 Altcoins with the Most Increased Whale Activity in the Last Week However, Sonic has been notable for its poor performance since the day it switched from Fantom. The coin, which caused its users to have expectations with the big update, has lost 30% of its value since the transition period. Sonic, a major project worth $1.65 billion, is headed by Andre Cronje, who is also the lead developer of Fantom and is considered by some to be the founder of the DeFi world. *This is not investment advice. Continue Reading: Binance Announces Support for a New Altcoin Network and Airdrop