Sonic Labs revealed an important adjustment in the latest ETF configuration announcement. Previously, the community authorized up to 50 million USD worth of $S as startup capital for the US-listed ETF, but the reality is—no tokens have been minted so far. The reason is straightforward: deteriorating market conditions caused $S prices to decline. In this context, Sonic Labs has simply paused the token minting plan to avoid unfavorable dilution risks.

So when will it actually start? Sonic has provided clear conditions: it will only proceed if $S price breaks above $0.50, and the overall scale will be strictly controlled within the $50 million limit. This approach demonstrates respect for market rhythm and also protects the interests of token holders.