Gate News bot message, according to a report by The Block, the project INFINEX founded by Kain Warwick is preparing to launch a SONAR sale before the TGE( token generation event) in 2026, after completing a $67.7 million Patron NFT funding round. The project raised initial funding by selling 5,000 Patron NFTs. Each NFT is priced at $13,543, and NFT holders will receive rights associated with the INX Token. SONAR sales are an important part of the INFINEX development roadmap, which will take place before its token generation event.

Infinex founder kain announced that the TGE will be held soon, with a total supply of 10 billion INX Tokens, 100% of the supply allocated to Patrons, with each Patron NFT entitled to receive 100,000 INX, and µPatrons receiving tokens at a 1:10 ratio. Infinex will also conduct a public sale on the ICO platform Sonar and will be compatible with multiple chains and Decentralization applications.

Odaily News MegaETH announced that the public sale on the Sonar platform under Echo has started. The total supply of MegaETH is 10 billion pieces, with 500 million pieces available for this public sale, and the payment method is USDT. Users can bid through English auctions, with a maximum bid of 186,282 USD and a minimum of 2,650 USD. The starting price is 0.0001 USD (FDV is 1 million USD), and the maximum price limit is 0.0999 USD (FDV is 999 million USD).

Foresight News reports, according to CoinDesk, that Aave Labs has acquired Stable Finance to expand consumer access to on-chain savings, with the specific acquisition amount undisclosed. This acquisition will bring Stable founder Mario Baxter Cabrera and his engineering team into Aave Labs, where they will help build new consumer-facing Decentralized Finance products. Cabrera will serve as the Product Director. Stable's technology will be incorporated into Aave Labs' future products, while its existing applications will be gradually phased out. This acquisition marks Aave's third talent-focused deal following its acquisition of Sonar in 2022 and Family in 2023. Aave will continue to expand.

PANews October 22 news, the Ethereum scaling solution MegaETH developed by MegaLabs announced on platform X that it will launch a public sale on the Sonar platform under Echo, with an initial Fully Diluted Valuation (FDV) of $1 million and a valuation cap set at $999 million. Users can bid through an English auction, with the maximum bid reaching $186,282. If subscriptions exceed expectations, existing MegaETH community members will be prioritized, as well as those investors who have shown long-term consistency through social activities, on-chain behavior, and locking preferences. The dual-peak distribution process ensures broad distribution of tokens while prioritizing key contributors. Core supporters of MegaETH will receive priority allocation, while at least 5,000 participants will receive a base allocation with a starting price of $2,650. A total of MEGA tokens will be sold on October 27.

According to Foresight News, MegaETH has announced the launch of the first real-time blockchain, emphasizing that it is built and owned by users, with details on potential encryption asset issuance expected to be announced in the near future. The official statement says interested users can sign up from October 15 to 27, 2025. Registration is open to users who have successfully completed the identification verification on the Sonar platform; MegaETH employees and users from prohibited regions will not be eligible to participate. U.S. participants must meet additional verification requirements. Future sales will use USDT on the Ethereum Mainnet as the payment method and may adopt an English auction format with a fixed upper limit price, with a 10% discount on the final token price for those who choose a one-year Lock-up Position. Registration indicates an intention to participate but does not guarantee allocation or mandatory participation. Detailed sales information will be provided in the coming days through the website and social media.

According to Foresight News, reported by BWEnews, MEGAETH will conduct a public ICO on Cobie's Sonar platform.

PANews reported on May 27 that, according to The Block, Echo, founded by well-known crypto investor Cobie (Jordan Fish), officially launched the IC0 platform Sonar, and the first fundraising project was Plasma, a dedicated chain for stablecoins. Plasma will sell 10% of its total XPL token supply, or 1 billion tokens, through Sonar, with the goal of raising $50 million, corresponding to a fully diluted valuation of $500 million. Users need to deposit USDT, USDC or USDS into the Ethereum Plasma vault to participate, and the lock-up period is set to 40 days or 12 months depending on the region. The Plasma mainnet is expected to go live this summer, and XPL will be used for network consensus, EVM execution, and Bitcoin cross-chain bridge operation.