On Sept. 30, the Sonic (S) token recorded a strong 7% price surge, adding more than $50 million to its market capitalization in just one day. The rally comes as venture capital firm, CMCC Global, launched a $25 million fund designed to accelerate growth in the Sonic ecosystem. The fund, called “Resonance,” targets innovative DeFi protocols and consumer-facing applications on the network. It will also promote Fee Monetization (FeeM) as a sustainable revenue model for smart contract developers. With the ne ...