Sonic SVM - SONIC Burn Program - 20 Jul 2025

Sonic SVM is starting a token burn program. This means some SONIC tokens will be bought and removed from supply, using trading fees. They will also lock tokens for a long time and work on growing their token’s trading activity. Burn programs can help raise the price because there will be fewer tokens, making each more valuable. But strong price rises may happen only if demand for SONIC also grows. If the program is used well and gets support from the community, it could push the price up. See details at source.