$GENERAL_CRYPTO
StableSnapshot Window: 2026-07-12 16:20 UTC · ← Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 563, Retweets: 132, Likes: 1115, Impressions: 61480
Verbatim Community Citations & Social Evidence 39 source posts analyzed
For the first time in a while, @SonicLabs 's direction feels clearly defined. ICYMI: The first community podcast with @MattVisser wasn't about making bigger promises. It was about setting clearer priorities. I condensed the 90-minute conversation into a short recap covering [Spoken audio]: Matt, can you tell us a little bit about, like, your professional history? A UX strategist is probably one of, like, biggest passion. And that's where I started to work a lot with developers. And from there, I've done a number of other sort of entrepreneurial play. My most recent one is a legal AI company, which we've got a distribution deal now launching across Africa and the Middle East. I'm now a strategic advisor there. The last five years have been in litigation strategy and support. And, you know, besides being a part-time DJ, it kind of teased me up to being relevant for this role. what makes you believe in it? How do we get those institutional funds involved? Here's the reality. No one's ever argued about the technological best in class ability and capability. The big thing is we keep shouting about this wonderful Ferrari engine and the reality is it's a race track that we're competing on and we need to get a car and the analogy that I use is that that car is a business case. So we can keep shouting at the neighbors, come look at our amazing GPS, come look at our amazing throughput, look at our amazing consensus. nobody cared. You've got to sell the sizzle, not the steak. So we need the business case. On the institutional level, the next 100 million users of Sonic aren't necessarily going to know what Sonic is, and they're not necessarily going to care. They're going to fall in love with an application service that's given to them from some bank or somebody else. It's just going to work faster, work better, or save them some money. And they're going to decide, hey, this is what I like. And the fact that that's powered by Sonic, that's going to become the incidental almost, right? And that's in terms of your question specifically, Drac, that the institutional or like that B2B phase. That's a big focus of mine. How much treasury is there and how much can we have? I rue the day that Andre created the unrealistic expectation that we would continue to do this. We're not a doubt. We're a private company for profits with the expressed intention in our mandate in our documentation, the sale of our technology profit. That's what it's for. It's half the picture. You don't know what the liabilities are. You don't know what the burn rate is. You don't know what the liquid versus e-liquid is. And there were some stats that were given out then at the time for those pockets that he was talking about 100% factual from everything that I've seen. But the reality is there's no universe where it's sustainable. Keep shooting numbers off on Twitter. We got to get into a world where if we're doing that it's like the AVAX public reports where you actually have like trial balances with PNLs and like operational data being shipped in a comprehensive pack like it's an annual financial state. It's not a tweet. The expectation that you're going to be satisfied by the information packaged into a tweet is like both the poor indictment of like the nature of the world we live in, where everybody wants a bite-sized silver bullet for anything they're worried about. But it's also an unfair burden on us as a private company, given where we're at. Given that in the last 12 months, crypto has halved in value. We've gone from four trillion to two trillion. I think that's like $8 billion a day or some mad outflip. Is there any plan to have like a detailed financial report? I've seen a few of them now from DAWs. I like that format. I like it coming from accountants being verified, having an independent auditor. In the normal course of business, when you submit your returns for a business, you've got to have audits of financials. Now that's not a legal requirement for us, but I think this is also just in terms of how I'm approaching things at Sonic Left. There's a legal requirement and there's an ethical North Star. And I think somewhere in the middle is where we've got to balance it because we're busy earning back trust. So we can't just do the minimum, we've got to keep looking at where we can actually over deliver. We are a technology company actually, we need to commodify and wrap up that technology as a commodity and sell it. Phantom and Sonic have never traditionally made enough revenue to wash its own face. It survived off of the Treasury and the only reason we had a Treasury there was because of DeFi and frankly also you know Andre. Now we're in a phase where we're like we need business models, we need revenue, we need strategic partnerships and we need to commodify our tech team and our technology. Any business that you start, any entrepreneur you talk to, I'll tell you the the first hundred days, it's like a newborn baby. It needs 24 hours, seven days a week, attention. What's going on with the ETF and where does everybody go from here in terms of like these tokens that were going to be minted? ETF ambition, and that's ambition that we at the moment can't afford. We need to humble ourselves and perform first. In terms of mints, there was no strategic goal for the annulment, it was just a thing that was like a right that was reserved. It was a no-brainer to me, you know. Without a clear plan, you don't just mint. What it does for the deflationary thing and we've got validators and the tokenomics. And I'm privileged to be in a space where there's smarter people than I that have more developed and complicated views on the tokenomics around what we should mint, when we shouldn't, how validators need to be operated, network security, Nakamoto coefficients. Like we've got all this stuff that we need to get into. We're a global company already. We already have it. For me, it makes more strategic sense at the moment to fix our fundamental, get our existing partners in a strengthened position and then partner organizations. We don't need to egotistically be involved in every single step like that. It's the same with the USA expansion, but I just don't see it as being a natural priority given where we are now. And I think that would touch on some of the kind of follow-up questions that we have here from the community in the survey right around things like buyback and burn. Yes, we're gonna do buyback. No, I'm not gonna start shouting about it and beating my chest and rattling my save. I need to first create a sustainable flywheel which funds it before it can be a realistic mechanism which isn't just a sugar high. If I started burning treasury funds now for buybacks before I solved the revenue problem, all I'm doing is providing a dead cat bounce for exit liquidity for a bunch of people to get up. I need to fix the revenue problem and it's not protocol revenue that I need to cannibalize, it's network revenue that I need to create. While if the protocols are making money, then you take that money and do buyback. What are you hoping to accomplish with the current developers and how are you hoping to bring in new projects to come build on Sonic because we're definitely like in a drought right now. We've had a lot of people that used to be on Sonic that moves to other chains that have actually reached out to me directly. My overall strategy is to listen, learn, and then lead. You have to be wise enough to pick up the insights and figure out what are the lessons on offer here. Like I've got to figure out if there's a gap, if there's an opportunity, and if we can identify something together. We haven't had like a new protocol launch with a new product launch for ages. So it's not a key driver of what I see as the eventual success of Sonic is the retail layer, but it's a key area of activity for what I call crypto business as usual. You need to have that top level layer of engagement which is offered and supported by builders because it increases the surface area for engagement. So there's more transactions, there's more key capture, there's more people making livings off of the chain. And then underneath it, that we have a better chance of building some more of the utility or rolling those things down into institutional plans. One specifically that we're working on at the moment, there's a retail normal user application on the chain and there's the option for almost like a SaaS business, like a B2B run-out of the configuration of utility being sold to institutions or to other commercial players. So it's a hand-in-hand thing where we actually take the tech that's being developed and the innovation and we offer it to for direct involvement, which is the decentralized way, but we also package it and sell it as a commodity, which is the capital commercial way. We've got to actually identify business opportunities where we can create or generate revenue and then partner with people. And what vertical integration gives us is a better opportunity to optimize revenue jointly, right? So I can provide X distribution cheaper, better than they can. They can give Y because they've got better skills. I couldn't pay for it. Like there's unique combinations that you need to try and identify. To help you go to market faster and better and to compete together. Not just to say, hey, vertical integration is give me some of your tokens and give me some of your fees. We're supposed to be a top 10 chain. And like I have an emotional attachment to fixing that. It's a bigger opportunity than any of those other things. It has the capacity to be the thing that defines me, my career, and my greatest achievement if I can get it back to a 10th of what it's supposed to be. And I'm a truth seeker and I wanna find all the truth and I'm a nerd for that stuff. Like I've done the things that I know leave me with the best ethical baseline in order to do the business thing. But you ask me why? And it's like, you get mercenaries and you get mysteries. Like I'm not trying to be hiding this at all. We are supposed to be a top 10 chain. What metrics? TBL, shit show, gotta get happen, right? Active wallets and addresses, daily volume, protocols, builders on chain, gotta go up. RWA's, AI, bots, prediction markets, we gotta bring it all together. And we can, we have all the tools, we just need a consolidated plan and a bit of calmness and we need to execute. If we achieve a 10% of our potential, we're stratospheric like we're taking off.
FAAAACTS
Gimme Love on @objktcom 1/1 artwork Love is a complex feeling that cannot be clearly defined. Some people think of it as a game, believing that it can be approached rationally, like a game of chess
AI visual note: A dark, stylized illustration of a pale woman with a red bow in her hair, surrounded by red and black tones, with two smaller figures in red on her hands near dice and a martini glass.
Good evening CT The ease of deployment on @CNPYNetwork continues to amaze me. Their Launchpad enables one-click deployment of sovereign L1s, complete with instant validator access and built-in tooling. What once required extensive DevOps expertise and significant capital now
3/6 Within MindWaveDAO, $NILA is designed to connect users with active roles across the network. This includes staking, governance alignment, access, rewards, and broader ecosystem involvement. The objective is coordinated participation, not passive ownership.
The next generation of blockchain infrastructure will not only move data faster it will make networks think together more efficiently and @get_optimum is building toward that vision
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Favorite @LT3NFT below .05? It’s the camo on the top left for me
gm
bon appetit
The next chapter of finance won't be decided in closed rooms. It will be shaped in Washington DC on 16 July. The @injective Summit 2026 is happening live next week If you're not anticipating it, that means you don't know what it's about Wanna know more. Let's dive in
If no one shows up to the $ANSEM look like contest at 12pm at the charging bull in nyc today to win 5k in Ansem I’m just going to take matters into my OWN hands.
Top 10 Trending #CoinMun #Solana $ANSEM @blackbullsol $KINS @PlayKintara $TRIPLET @TripleTsol $BATCAT @BatCatsoI $TRAINDOG @traindogsol $TROLL @troll_ $DROOLING @droolingcatsol $TOESCOIN @toescoinsol $ANONCOIN @anoncoinit $UNC
RESPECT DROP #3 - @FunkariNft Pixel Trip opens stages for collections we genuinely respect. Next on the list: @FunkariNft TOP 50 HOLDERS → GTD Spots (Free Mint) ALL OTHER HOLDERS → WL We don’t collab with everyone. We honor the ones who built @Tma_420 you see
Month 2 starts now. I'm continuing my journey on FBYT and will be documenting everything as I go. One thing I like is that my vault performance and activity are transparent, making it easy for anyone to follow the strategy over time instead of relying on promises. I will be
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Gemini
Love this shift to intentional trading
Every Bitcoiner has one friend they’ll never convince.
I'm sure if Pi Network gets to $2 right now, alot of you will forget about me
New Listing @poochmeme $POOCH Pooch is now listed on CoinMun. Market Cap: $72,014 Discover here: coinmun.com/coins/pooch #NewListing #CoinMun #Robinhood #Crypto
Backpack onchain SEC equities are huge.
This is the full picture of value creation for MSTR shareholders in Bitcoin terms. Strategy has increased full CEBE per common share by 175% since 2020. After subtracting debt and perpetual preferred claims, adding the cash reserve, converting the remaining dollar claim into
He still needs to learn a thing or two more being fucked by crypto before he can understand how to fuck
AI visual note: A CoinMarketCap chart displays a cryptocurrency price of $1,822.23, up 0.74%, with a 24-hour view showing a downward then recovering trend line.
2026/7/14(777) 2018/7/11 What is Q? Buckle up Final Phase End of time Phoenix Not a nerd God wins Satoshi So it begins Shelter
AI visual note: A 7-Eleven gas station sign at night displays "7-ELEVEN" with "Synergy" fuel pricing showing $7.11 for both Regular and Diesel, dated June 22, 2022. Elon Musk's cryptic caption references the repeated "7:11" timestamps and "7/11" date, hinting at the significance of the triple sevens as a symbolic countdown ("Final Phase").
heard coins on @bankrbot are printing millionaires
[ Culture Monke ] - UPDATE You may not remember me, but I will always remember your support > Top 6529 supporters of my meme cards can mint on Phase 1. > Top $MFR supporters can mint on Phase 1. I recognize that not everyone on these lists will end up minting, so Phase 2
Just grab my first and second @TheGloobs NFT !
GN Everyone AI is changing DeFi, and @NomismaNetwork is building where both worlds meet. Smarter tools, better automation, and a simpler onchain experience could be key to the next wave of adoption. Excited to see what's next.
Vlad bought this- 0x6365fd27ddefc42f50895994b67b04fab5f08d5e Hence booooooom booooom!!
The final stretch Every hour of staking matters. Every point could make a difference **July 13** - $CAST launches **July 14** - Airdrop distribution **July 16** - Burn Event begins, where your progress starts carrying over into the main game And don't forget the
AI visual note: The image shows a cartoon-style illustration of a treasure hunter on a tropical island holding a golden trophy, with text on a coin reading "15,000 WIN" and another showing "1,000" alongside a chest of coins. It captures the gamified, reward-driven theme of the post, visually emphasizing the staking competition's prize pool and the incentive to accumulate points before the $CAST launch and airdrop on July 13–14.
Welcome @renaissxyz to the WaterX Predict Festival Jul 12 - Jul 17 14:00 UTC Guaranteed airdrop: Top 100 Renaiss SBT holders First come first served: remaining 300 spots Claim now: bit.ly/4wFTQbd
AI visual note: A promotional banner for WaterX × renaiss.xyz featuring a soccer ball on a green field, announcing that Renaiss SBT holders can claim free airdrop positions by verifying with their X account by Jul 17, aligning with the post's WaterX Predict Festival event running Jul 12-17 with guaranteed airdrops for top 100 SBT holders and 300 remaining spots on a first-come basis.
Congrats @soufande You're a top Market Prophit for your call on $ZEC Go to marketprophit.com and check out sentiment, buzz, and other crypto data.
I don't stress or worry anymore because I'm a $MIM holder Talk about peace of mind
Everyone is coming to Base
Comment your solana address Follow my crypto friend @coldtrz Will be sending out a big airdrop soon
This is Lunclive. Once a scammer always a scammer. You delegate to Lunclive, you support scammers! $lunc #GreenpeaceUNITED
Finnish Trader Made $118k on Tennis @911loverPink bought Daniel Rincons victory at 32.9¢ for $43k against Sebastian Ofner in the end, Daniel won 2-1 in sets (3-6, 7-5, 6-3) and the trader made $117,614.32, achieving a 2.8x return i hope he will soon receive his well-deserved
ONCE THE CLARITY ACT PASSES, THE $LUNC BEAR MARKET IS CANCELLED
???