FeesSafety
Pluang+

Sonic Labs to move 13M S tokens via OTC deal to boost ecosystem on partner's network

Market News
22 Oct 2026
Tokenpost
View Source
Neutral
Sonic Labs to move 13M S tokens via OTC deal to boost ecosystem on partner's network

Sonic Labs plans to transfer about 13 million S tokens through an over-the-counter (OTC) deal with a long-term partner within 24 to 48 hours. This move aims to expand the Sonic ecosystem's presence on the partner's network and increase user engagement. The transfer is planned but not yet completed, and Sonic Labs disclosed it early to prepare the community for the on-chain transaction. This strategic step could enhance Sonic's reach and participation in the digital asset space.

Sonic Labs' planned transfer of about 13 million S tokens through an OTC deal is noted here with Pluang's market data as of Oct 22, 2026 20:42 WIB. For readers following major cryptocurrencies on Pluang, 4 out of 50 priced assets rose while 45 fell. Notable movers include MANA at Rp1.519 with a 1-day change of -5.53%, AVAX at Rp166.244 down 5.40%, and BAT at Rp3.060 down 5.32%.

More News

Analyst sets $650 price target for Meta amid concerns over rising AI spending.

Analyst sets $650 price target for Meta amid concerns over rising AI spending.

Scotiabank analyst Nat Schindler set a $650 price target for Meta Platforms, about 6.8% below its then-current price of $697.52. Despite Meta's strong revenue from Facebook, Instagram, and WhatsApp, investor concerns over increased artificial intelli...

Analyst Insights
Bearish
53 minutes ago
UBS keeps Buy on Berkshire Hathaway amid strong cash reserves and strategic investments.

UBS keeps Buy on Berkshire Hathaway amid strong cash reserves and strategic investments.

UBS maintains a Buy rating on Berkshire Hathaway's Class A shares, currently trading near $811,320. The company's diverse portfolio and substantial cash reserves of about $360 billion provide stability and investment flexibility. Investor confidence ...

Analyst Insights
Bullish
57 minutes ago
Barclays misses Q3 earnings estimates despite 12% profit rise and £500M buyback plan

Barclays misses Q3 earnings estimates despite 12% profit rise and £500M buyback plan

Barclays PLC reported Q3 2026 earnings with EPS of $0.66 and revenue of $9.86 billion, both slightly below analyst estimates. Pre-tax profit rose 12% year-over-year to £2.32 billion but missed forecasts due to a 19% decline in fixed-income revenue, p...

Company Fundamentals
Bearish
1 hour ago
Comfort Systems USA expects strong Q3 2026 growth with $12.85 EPS and $3.4B revenue forecast.

Comfort Systems USA expects strong Q3 2026 growth with $12.85 EPS and $3.4B revenue forecast.

Comfort Systems USA is set to report strong Q3 2026 results, with analysts predicting earnings of $12.85 per share and revenue around $3.40 billion, driven by high demand in data centers and a record $14.06 billion backlog. The company showed robust ...

Company Fundamentals
Bullish
1 hour ago
Karman boosts AI compute by 60% at NexGen Cloud's Montreal data center using power orchestration tech

Karman boosts AI compute by 60% at NexGen Cloud's Montreal data center using power orchestration tech

Karman has enabled NexGen Cloud to increase AI compute capacity by 60% within the same power budget at its Montreal data center by using its AI-driven power orchestration platform. This technology allows 16 NVIDIA B300 servers to run within the power...

Market News
Bullish
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App