S Token Defies Market Trend with 5% Surge as Sonic Welcomes New CEO

Sonic Labs has appointed Mitchell Demeter as its new Chief Executive Officer, marking an important moment for the blockchain company. The move comes as the network’s native token, S, rallied nearly 5% in the past 24 hours, which defies the broader altcoin market slump. Leadership Shift to Drive Global Growth Demeter, best known for launching the world’s first Bitcoin ATM and co-founding one of Canada’s earliest digital exchanges, brings extensive experience bridging blockchain innovation with institutio ...