3 major board members are leaving @SonicLabs:

→ Andre Cronje
→ Michael Kong
→ David Richardson
And while the resignations are unfortunate, the timing matters even more because this is happening while price, TVL, and sentiment are already weak ( $S is trading about 97% below its ATH ).
Feelsbadman, but I don’t think this means Sonic is dead.
The engineering team is still active and Sonic said around 400 meaningful code updates were merged in 2026, so they are def still kicking from the dev side.
However, it does mean Sonic now has to rebuild confidence without its strongest public technical figure: Andre Cronje.
I’m curious to see the rebound here, TBH, this is usually the part of the market where winners are made anyway.