Sonic CEO Highlights Blockchain Stability as Key to Institutional Adoption Amid Market Stress
Mitchell Demeter, CEO of Sonic, emphasized that blockchain networks must prove their resilience during periods of market volatility to attract institutional investors. The recent liquidation-driven turmoil exposed vulnerabilities in several major networks, with congestion and failed transactions raising doubts about their readiness for large-scale adoption.
"Institutions care less about theoretical throughput and more about whether the system stays operational under stress," Demeter told Yellow.com. He noted that Friday's market chaos revealed a Core weakness in current blockchain architectures—their inability to maintain uptime during peak loads.
Sonic is addressing this gap by expanding its executive team with compliance and government relations specialists. The MOVE signals a strategic pivot toward proactive regulatory engagement rather than resistance. "We're building relationships to shape reasonable frameworks," Demeter said, underscoring the industry's maturation beyond its anti-establishment roots.