1d ago
I try to find a better way to explain this.
The relationship between;
TVL, Stablecoin mcap, bridged funds and price
A rise in Stablecoin market cap and bridged funds can potentially increase the TVL and subsequently, the price of the asset.
The main drive of any Blockchain including @soniclabs is what happens Onchain.
$S is bound by the laws of the market just like any other crypto Asset.
The tech is important for Sonic $S
400K TPS.
SS finality.
FeeM.
But all those won't mean much if Onchain isn't busy
People need to actually use it 💯
2.44K
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