# Sonic Surpasses Cardano, SUI, Aptos, and Avalanche in TVL/FDV Measurement
Sonic, an EVM Layer-1 blockchain system, is creating excitement in the virtual asset arena. Current information uncovers that Sonic has outperformed significant crypto ventures like Cardano, Sui, Aptos, and Avalanche in the TVL/FDV measurement, denoting a huge achievement. The data demonstrates that Sonic’s TVL/FDV proportion is higher than its rivals, situating it as perhaps of the most important blockchains, driving in front of these contenders.
## What Does the TVL/FDV Measurement Mean?
The TVL/FDV measurement looks at the Total Value Locked (TVL) in a DeFi convention with its Fully Diluted Valuation (FDV). This gives bits of knowledge into the development potential and whether a venture’s valuation is sound or just swelled. Basically, a lower FDV/TVL proportion proposes the undertaking is underestimated. A higher measurement demonstrates a more grounded valuation and vigorous turn of events.
Sonic flaunts a TVL/FDV proportion of 0.6917, beating its rivals. This not just means a significant convergence of capital into the stage yet in addition proposes that the undertaking is more hearty and has a more prominent development potential contrasted with its companions.
Aptos follows with a TVL/FDV proportion of 0.2989, making it the second-best steady and significant undertaking after Sonic. Avalanche is straightaway with a TVL/FDV proportion of 0.1953, prevailed by SUI at 0.08256, and at last, Cardano at 0.01292.
## How Is Sonic Dominating the Marketplace?
Regardless of the continuous slump in the more extensive digital currency market, Sonic has resisted the chances. Throughout the course of recent 30 days, the resource has arisen as one of the top entertainers, with its cost climbing from a low of $0.4556 to $0.5099. Moreover, DeFi tokens working on Sonic’s Layer-1 blockchain, including METRO, SHADOW, and image coins like INDI, GOGLZ, and THC, have all acknowledged twofold gains.
The quick expansion of Sonics is supported by its novel tokenomics and robust technological base. According to DefiLlama, Sonic is the leader in TVL growth among Layer-1 blockchains, rising dramatically from $1 million in January to an astounding $460 million in February, representing a growth of more than 450%!
Sonic is swiftly establishing itself as a key player in the EVM environment, with monthly DEX trading volumes exceeding $1 billion.
Nicholas Otieno, a fintech journalist with a focus on cryptocurrency, has been informing readers about cryptocurrency and its capacity to promote global prosperity since 2019. His work, which has appeared in Bitcoin Magazine, Finance Magnates, and other publications, reflects his belief in and ownership of Bitcoin. Nicholas enjoys housework, socializing with friends, listening to music, and playing soccer when he is not writing. Toncoin (TON) Value Forecast for March 26th
