《Sonic's New CEO: Crypto Narratives Are Failing, Public Chains Must Shift to Real Revenue》 (Author: Matt Visser, Sonic Labs CEO; Translated by Deep Tide TechFlow) Sonic Labs CEO Matt Visser stated in an open letter that the crypto growth model driven by technical narratives, integration announcements, and tokenomics has failed. Public chains must return to product-market fit and real revenue. Aave's proposal to shut down Sonic deployments reflects that low adoption integrations cannot cover maintenance costs. Moving forward, Sonic will focus on four revenue-generating areas: payments and forex, AI agent infrastructure, perpetual contracts and RWA, and prediction markets. Matt emphasized that the buyback, burn, or fee distribution of S tokens should come after products and revenue; value accumulation mechanisms without revenue support are merely repackaged treasury funds. Read the full article: https://www.(wublock123.com)/articles/article-59472