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About CHER

The Cherry Project is a Decentralized Autonomous Organization developing a layer one blockchain network optimized for data operations. Cherry serves as a purpose-specific infrastructure for decentralized applications handling data. Built on Substrate, it implements state-of-the-art cryptographic standards to provide for second layer scalability (zkSNARKs) and features a node-level IPFS integration that allows the Cherry Virtual Machine to natively interface with an indexed queryable data storage and referencing facility. This novel native node to IPFS communication mechanism allows smart contracts to interact with an updated state of the data in runtime. These advanced features come prebuilt in our core and are accessible on other blockchains through Cherry’s interoperability channels. Decentralized applications built on Cherry or many of the most renowned decentralized networks can now leverage Cherry’s features to augment their dApps. Most of the complexities of building-integrated web3 applications handling data are, thus, abstracted away to the core, allowing smart contract developers to rely on a rich base layer toolkit, and ultimately focus on best serving their customers.

Cherry Network (CHER) is a cryptocurrency launched in 2021. CHER has a current supply of 600.00M with 0 in circulation. The last known price of CHER is 0.000571587742 USD and is -0.00003806065 over the last 24 hours. It is currently trading on active market(s) with $13,423.81 traded over the last 24 hours. More information can be found at https://cherry.network.

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CHER Price Statistics
CHER’s Price Today
24h Price Change
-$0.000038060656.24%
24h Volume
$13,423.818.06%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#8410
CHER Market Cap
Market Cap
$0
Fully Diluted Market Cap
$342,952.65
CHER Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
CHER Supply
Circulating Supply
0
Total Supply
600.00M
Max Supply
0
Updated Dec 27, 2025 8:43 pm
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CHER
Cherry Network
$0.000571587742
$0.00003806065(-6.24%)
Mkt Cap $0
There's nothing here for now
Sonic Labs Updates ETF Token Allocation Strategy Amid Market Conditions
Sonic Labs Updates ETF Token Allocation Strategy Amid Market Conditions
According to Odaily, Sonic Labs has announced an update to its ETF token allocation strategy. Previously, the Sonic community approved a governance proposal authorizing up to $50 million worth of S tokens for a potential U.S.-listed ETF to facilitate entry into the regulated U.S. market. However, following the proposal's approval, Sonic Labs decided to delay execution due to a weakening market environment and a significant decline in the S token price, opting not to mint any related tokens to avoid increasing supply at unfavorable price levels. The announcement stated that executing the original plan at current prices would require issuing over 600 million additional S tokens, which deviates from the proposal's original intent. Therefore, this plan will not be adopted. To better align with token holders' interests, Sonic Labs has set new execution constraints: ETF allocations will only be minted if the S token price exceeds $0.5, with a maximum of 100 million tokens. The total token value is strictly capped at $50 million, with a preference for issuing fewer tokens at higher price levels. Any execution deviating from these conditions will not occur. Sonic Labs also emphasized that the S tokens used for the ETF will be locked within regulated products and will not enter the secondary market, thus not increasing market selling pressure. The team reiterated that a U.S.-listed ETF remains a long-term strategic focus, aiming to provide institutional investors with compliant exposure to Sonic. Any future adjustments will be communicated and advanced through clear communication and governance processes.
Dec 27, 2025 8:13 pm
Sonic updates its ETF token allocation plan: Execution will only be implemented when the S price is above $0.50, with a maximum issuance size of $50 million.
Sonic updates its ETF token allocation plan: Execution will only be implemented when the S price is above $0.50, with a maximum issuance size of $50 million.
Sonic Labs has released an update to its ETF token allocation implementation plan. Previously, the Sonic community had passed a governance proposal authorizing up to $50 million worth of S tokens for potential US-listed ETFs to facilitate their entry into the regulated US market. However, following the proposal's passage, due to a weakening overall market environment and a significant decline in the price of S, Sonic Labs decided to postpone implementation, refraining from minting any related tokens during this period to avoid increasing supply at unfavorable price levels. The announcement stated that implementing the original plan at the current price would require issuing over 600 million additional S tokens, significantly deviating from the original intent of the governance proposal, and therefore, this plan will not be adopted. To better align the interests of token holders, Sonic Labs clarified new implementation constraints: ETF allocations, corresponding to a maximum of 100 million tokens, will only be minted when the S price is above $0.50; the total token value is strictly capped at $50 million, with priority given to issuing fewer tokens at higher price levels; any implementation deviating from these conditions will not occur. Sonic Labs also emphasized that the S tokens used in the ETF will be locked within the regulated product and will not enter the secondary market for circulation, thus avoiding any additional selling pressure. The team stated that US-listed ETFs remain a long-term strategic priority, aiming to provide institutional investors with compliant Sonic exposure, and any future adjustments will continue to be implemented through clear communication and governance processes.
Dec 27, 2025 8:03 pm

Frequently Asked Questions

  • What is the all-time high price of Cherry Network (CHER)?

    The all-time high of CHER was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Cherry Network (CHER) is 0. The current price of CHER is down 0% from its all-time high.

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  • How much Cherry Network (CHER) is there in circulation?

    As of , there is currently 0 CHER in circulation. CHER has a maximum supply of 0.

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  • What is the market cap of Cherry Network (CHER)?

    The current market cap of CHER is 0. It is calculated by multiplying the current supply of CHER by its real-time market price of 0.000571587742.

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  • What is the all-time low price of Cherry Network (CHER)?

    The all-time low of CHER was 0 , from which the coin is now up 0%. The all-time low price of Cherry Network (CHER) is 0. The current price of CHER is up 0% from its all-time low.

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  • Is Cherry Network (CHER) a good investment?

    Cherry Network (CHER) has a market capitalization of $0 and is ranked #8410 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Cherry Network (CHER) price trends and patterns to find the best time to purchase CHER.

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