Andre Cronje
3 stories
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cryptoSonic Labs Overhauls Board as S Token Plunges 97% From Peak
Sonic Labs replaces founding board members with professional executives following a 97% token decline and massive TVL collapse, signaling a strategic pivot toward operational discipline.
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cryptoSonic Labs Faces Crisis as Andre Cronje Exits Amid 97% Token Decline
DeFi builder Andre Cronje and founding members resigned from Sonic Labs. The S token dropped 5% as total value locked collapsed from $1 billion to $20 million.
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cryptoDeFi Apps Return Nearly $100M to Token Holders as Revenue Becomes Key Metric
Hyperliquid, Pump.fun, and EdgeX distribute $96.3 million combined in 30 days, signaling shift from speculative narratives to earnings.