Sonic Labs Launches Decentralized Cross-Chain Bridge Sonic Gateway

According to Foresight News, Sonic Labs, formerly known as Fantom, has announced the launch of its decentralized cross-chain bridge, Sonic Gateway. This new bridge aims to connect Ethereum with Sonic, facilitating secure ERC-20 token transfers between the two networks. Sonic Gateway leverages Sonic's validator network to ensure the security of these transactions. Transfers from Ethereum to Sonic are expected to take up to 10 minutes, while transfers from Sonic to Ethereum may take up to one hour.