Sonic (S), the layer-1 blockchain formerly known as Fantom since late 2024, has officially announced its first season of $S token airdrop distribution. Although the airdrop plan comes when the price of S has dropped more than 30% over the past month, investors believe the distribution method will help ease selling pressure in the future. Sonic to Distribute Over 200 Million S Tokens According to a post on X and official documents on the Sonic Labs website, Sonic will distribute 190,500,000 S tokens through multiple seasons. This strategy aims to ensure sustainability and minimize selling pressure after the release
source: https://beincrypto.com/sonic-announces-airdrop-distribution-plan/