Breaking
February 20, 2025

Crypto News | Sonic Kicks Off $1M Mobius Hackathon Wayne Jones | usagoldmines.com

Sonic SVM, the first chain extension for Solana, has launched its $1 million Mobius Hackathon, inviting developers to build decentralized applications (dApps) on its gaming-optimized platform.

The event, which begins on February 17 and runs until March 14, aims to accelerate innovation across multiple blockchain verticals, including gaming, decentralized finance (DeFi), and artificial intelligence (AI).

Hackathon Tracks and Judging Criteria

According to a press statement shared with CryptoPotato, the hackathon will feature four distinct tracks: Attention Capital Market, DeFi, AI, and Gaming. Participants in the event will be tasked with creating apps that address specific needs within these categories. This will include content tokenization for social media platforms, yield-generating tools, AI agent aggregators, and high-revenue gaming experiences.

Additionally, a panel of industry experts will evaluate submissions on the basis of their innovation, technical depth, and viability in the real world. The judges will also offer constructive feedback to help the participating teams refine their projects, ensuring they all gain valuable feedback from the experience.

The experts are expected to share updates on social media, promoting standout entries in the hackathon to highlight the potential of Sonic’s ecosystem. Once the competition runs its course, they will assess final submissions and announce winners on April 2, with the $1 million prize pool distributed across the top projects.

Sonic hopes the initiative will help accelerate the growth of its ecosystem, while demonstrating its ability to improve Solana’s scalability via a specialized high-performance layer.

Sonic’s Framework and Recent Milestones

The platform is built on HyperGrid, a horizontal scaling framework for orchestrating Solana rollups. It enables games to launch their own blockchain layers, which lets developers create highly customizable game economies.

Last year, Sonic celebrated the success of its incentivized testnet called “Odyssey,” which saw more than 100,000 wallets connected to it and 17 million transactions performed on it.

The launch of the hackathon comes on the back of reports that apps on Solana had generated 10 times more revenue than their Ethereum counterparts. Over a 24 hour period in mid-February, Solana apps raked in up to $8.4 million, dwarfing Ethereum’s $875,000. The trend was also witnessed in the network’s trading volume, where Solana recorded activity worth $5.39 billion compared to its bigger rival’s $2.14 billion.

The post Sonic Kicks Off $1M Mobius Hackathon appeared first on CryptoPotato.

  The $1 million Mobius Hackathon seeks to accelerate Solana’s growth, focusing on gaming, DeFi, and AI applications with real-world viability. Crypto News, DeFi News, Blockchain, DeFi, Solana 

This articles is written by : Nermeen Nabil Khear Abdelmalak

All rights reserved to : USAGOLDMIES . www.usagoldmines.com

You can Enjoy surfing our website categories and read more content in many fields you may like .

Why USAGoldMines ?

USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.

Recent:

Crypto News | Bitcoin Goes Mainstream: Over 1,500 Financial Institutions Have BTC Exposure Martin Y...

Crypto News | Report shows uptick in startups using Bitcoin in their balance sheet Gino Matos | usag...

Crypto Price Today (Feb 20th, 2025): Pi Coin Listing Makes Buzz | Bitcoin Price to Eye $100k Again? ...

XRP News: Brazil Approves World’s First Spot ETF, Leaving U.S. Behind Mustafa Mulla | usagoldmines.c...

Crypto News Today: Donald Trump’s Pro-Crypto Push Aims to Make the US a Global Crypto Hub Vignesh S ...

Pi Network Mainnet Launch Sparks Surge: Pi Coin Price Hits $1.5 at Debut! Qadir AK | usagoldmines.co...

Standard Chartered and Partners Launch HKD Stablecoin Lawrence Mike Woriji | usagoldmines.com

Montana becomes the fourth US state to take a Bitcoin reserve bill to House Steven Lance | usagoldmi...

Solana’s annualized inflation surges 30.5% after SIMD 96 implementation Collins J. Okoth | usagoldmi...

Storj price prediction 2025-2031: Can STORJ retake previous highs? Aamir Sheikh | usagoldmines.com

Prediction markets expect DOGE will cut more jobs in 2025 Collins J. Okoth | usagoldmines.com

Pump.fun Sees Decline in New Users Following LIBRA Token Controversy Maisie Morrison | usagoldmines....

Is Bitcoin Showing Early Signs Of Bullish Divergence? Analyst Explains Ash Tiwari | usagoldmines.com

SEC drops lawsuits against Blockchain Association and CFAT  Hannah Collymore | usagoldmines.com

Trump plans sweeping regulatory cuts, expands Musk’s oversight of DOGE initiative Nellius Irene | us...

Steem price prediction 2025-2031: Will STEEM hit $1? Aamir Sheikh | usagoldmines.com

Chainlink’s 40% Drop In The Past Month: Analyst Assess the Path to Recovery Samuel Edyme | usagoldmi...

Crypto News | Meme Coin Meltdown: Crypto Community Turns Against Speculative Tokens Martin Young | ...

Pi Network Live News Today: Pi Coin Live Price Predictions, Binance Listings And More Anjali Belgau...

Ripple Lawsuit: Experts Break Down Why It Hasn’t Been Paused Like Binance and Coinbase Anjali Belga...

Metaplanet Boosts Bitcoin Holdings: A $6.6M Investment & Stock Split Qadir AK | usagoldmines.com

Montana’s Bitcoin strategic reserve bill passes out of committee Noor Bazmi | usagoldmines.com

Trump approves the ‘D.O.G.E dividend’ tax refund for US taxpayers Jai Hamid | usagoldmines.com

Crypto News | Helius Labs CEO Defends Solana Amid Criticism Over Meme Coin Frenzy Wayne Jones | usa...

XRP Price Prediction For February 20 Anjali Belgaumkar | usagoldmines.com

Federal Reserve might cut rates because of Trump’s tariffs Jai Hamid | usagoldmines.com

President Trump orders gold inspection at Fort Knox ahead of D.O.G.E audit Jai Hamid | usagoldmines....

Wall Street Eyes XRP as SEC Reviews ETF – Could This Be the Catalyst for a Massive Rally? Michael Da...

Crypto Exchange Kraken Looks to Resume Services in India Shalini Nagarajan | usagoldmines.com

Wall Street Money Flows Into Bitcoin Development – Could This Fuel the Next BTC Surge? Arslan Butt |...

S&P Foresees Stronger Stablecoin Adoption Under Defined Regulations Shalini Nagarajan | usagoldm...

Trader Predicts Ethereum $10k Call, While Dogecoin and This New Viral Crypto Set For 1000% Gains Cry...

Bears In Trouble? Bitcoin Liquidity Signals A Brutal Squeeze To $111,000 Jake Simmons | usagoldmines...

BNB Price Approaches a Key Level—Can It Clear the Hurdle? Aayush Jindal | usagoldmines.com

Big Breaking: President Trump Talks Bitcoin ATH, SEC Crackdown, and America’s Crypto Future Anjali ...

Crypto News: SEC Voluntarily Dismisses Appeal in Landmark Crypto Rulemaking Case Anjali Belgaumkar ...

Pi Network Mainnet Launch Today – Pi Coin Price To Crash After The Launch? Mustafa Mulla | usagoldmi...

Coinbase’s Brian Armstrong reminds crypto community that insider trading is illegal Jai Hamid | usag...

Ethereum Price Builds Strength—Will It Finally Break Higher? Aayush Jindal | usagoldmines.com

10x Dogecoin: The ‘Secret Window’ You Need To Know, According To This Analyst Christian Encila | usa...

XRP Bulls Return—Will This Be the Breakout to $3? Aayush Jindal | usagoldmines.com

Crypto News | Bitcoin’s record low 4-year CAGR of 14.45% still beats gold and stocks Oluwapelumi Ade...

Cardano (ADA) Price Prediction for February 20 Chandan Gupta | usagoldmines.com

XRP, Solana, Chainlink, Lightchain AI (LCAI) – Game-Changing Altcoins Poised for Long-Term Growth an...

Bitcoin Price Edges Higher But Remains Stuck In a Tight Zone Aayush Jindal | usagoldmines.com

Crypto News | Bitcoin must hold $92.5k amid accumulation phase reminiscent of May 2021 Gino Matos | ...

Blockchain Association urges Congress to revoke IRS DeFi rule Brenda Kanana | usagoldmines.com

Could This Cheap Altcoin Be the Next Cardano (ADA)? Meet Mutuum Finance (MUTM)  Cryptopolitan Media ...

Bitcoin’s Make-or-Break Moment: What’s Holding Back the Next Big Rally? Samuel Edyme | usagoldmines....

Crypto News | How One Crypto Trader Sniped TRUMP at Launch and Made $109 Million (Bubblemaps Invest...

Crypto News | Binance US Reinstates USD Services After Nearly 3 Years Jordan Lyanchev | usagoldmine...

Crypto News | Chainlink’s MVRV Ratio Signals Selling Exhaustion: What’s Next for LINK? Chayanika De...

Crypto News | CZ to Donate BNB And Other Tokens to TST And Broccoli Victims Mandy Williams | usagol...

Crypto News | Did Donald Trump Endorse Ripple (XRP)? The Crypto Community Reacts Dimitar Dzhondzhor...

Crypto News | ChatGPT and DeepSeek Speculate on Pi Coin Price, Could Solaxy Be Next to Explode? Fel...

Crypto News | BERA Price Pumps 13% After Latest Upgrade But Could BTC Bull Token Soar Higher? Felix...

Crypto News | Barstool Founder Launches and Dumps GREED Meme Coin in Just 1 Hour Wayne Jones | usag...

Crypto News | Wintermute Wants to Expand Crypto Market Making Services to The US: Report Mandy Will...

Crypto News | Ethereum Layer 2 Platform Abstract Reports $400K Crypto Breach in Cardex Incident Cha...

Trump credits Bitcoin’s record highs to his pro-crypto stance: ‘America is the crypto capital’ Nelli...

Strategy lures investors with better terms for $2 billion debt offering Jai Hamid | usagoldmines.com

SEC acknowledges WisdomTree’s XRP ETF filing, opens 21-day public comment period Nellius Irene | usa...

Trump eyes 25% Tariffs on semiconductor chips Shummas Humayun | usagoldmines.com

Solana Price On The Verge Of 2022-Like Crash To Send It Back To $22? Scott Matherson | usagoldmines....

Crypto News | Wintermute Wants to Expand Crypto Market Making Services to The US: Report Mandy Will...

Crypto News | Ethereum’s dwindling exchange reserves point to shifting investor behavior Oluwapelumi...

Crypto News | Nigeria demands $81 billion from Binance in unprecedented tax and penalty blitz Oluwap...

Crypto News | Tether unveils ‘TradeFi’ to transform global trade with blockchain solutions Oluwapelu...

Crypto News | Binance.US restores USD access, aims for market resurgence amid SEC’s legal troubles O...

Crypto News | Why the drop in Bitcoin UTXOs, transactions, and fees is not bearish Andjela Radmilac ...

Crypto News | Crypto becomes lifeline for Iran and Russia amid Western sanctions – Chainalysis Assad...

Crypto News | Ethereum Foundation unveils interoperability framework to unify liquidity across EVM c...

Crypto News | SOL inflation leaps 30% one week after changes in fee distribution model Gino Matos | ...

Crypto News | Solana ETF filings enter Federal Register, potential approval set for October Gino Mat...

Crypto News | Coinbase urges Congress to act on crypto regulation or risk innovation exodus Assad Ja...

Mantra Finance Lands Dubai Crypto License – Big Plans for DeFi and Tokenization! Nidhi Kolhapur | us...

Franklin Templeton Launches Tokenized U.S. Treasury Fund in Luxembourg Nidhi Kolhapur | usagoldmines...

Binance US Resumes Fiat Deposits and Withdrawals After Two Years Since SEC Lawsuit Shayan Chowdhury ...

Hashdex Receives Approval for World’s First XRP Spot ETF in Brazil Nidhi Kolhapur | usagoldmines.com

Solana Whale Moves $20M Off Binance, Bullish Signal or Trap? Chandan Gupta | usagoldmines.com

XRP Lawsuit News: Is the SEC About to Drop the Ripple Case? Legal Expert Weighs In Anjali Belgaumka...

Analyst Says Bitcoin Could Reach $100K in 1-2 Weeks, Ethereum Set to Outperform Anjali Belgaumkar |...

Nigeria Sues Binance for $81.5 Billion Over Tax Evasion and Economic Damage Nidhi Kolhapur | usagold...

XRP Price Prediction for Today  Chandan Gupta | usagoldmines.com

SUI’s Bullish Divergence Points to a 30% Rally  Chandan Gupta | usagoldmines.com

Brazil Approves World’s First Spot XRP ETF by Hashdex Hassan Shittu | usagoldmines.com

Nigeria Sues Binance for $79.51B in Economic Damages, Seeks $2B in Back Taxes Hassan Shittu | usagol...

Price Correction on the Cards: Bitcoin Demand and Liquidity Remain Weak: CryptoQuant Tanzeel Akhtar ...

Binance US Resumes Fiat Deposits and Withdrawals After Two Years Since SEC Lawsuit Shayan Chowdhury ...

Google Plans One-Click Bitcoin Access for Web2 Users Victor | usagoldmines.com

FTX Users Begin Receiving Payouts Under $50K Victor | usagoldmines.com

Meteora’s Role in the LIBRA Scandal: Solana’s Downfall? Victor | usagoldmines.com

$DOG to Launch on Slingshot in Solana on February 19th Victor | usagoldmines.com

500 ETH Burned to Expose Alleged Brain-Control Conspiracy Tari | usagoldmines.com

Czech National Bank Governor Explores Bitcoin Testing Victor | usagoldmines.com

$LIBRA Creator Allegedly Paid Milei’s Sister for Token Promotion Victor | usagoldmines.com

USD Services Return to Binance US: Key Details Victor | usagoldmines.com

NetEase lays off its Marvel Rivals Seattle-based development team Collins J. Okoth | usagoldmines.co...

Spell price prediction 2025-2031: Will SPELL cross $1? Aamir Sheikh | usagoldmines.com

SKALE price prediction 2025-2031: How high can SKL get? Aamir Sheikh | usagoldmines.com

Leave a Reply