Sony Stock Price Rallies As Soneium Ethereum Layer 2 Testnet Goes Live

Sony Group blockchain subsidiary has initiated the testnet phase for its Ethereum Layer-2 solution, Soneium, marking a pivotal step in blockchain adoption. The “Minato” testnet, introduced through a partnership between Sony and Web3 infrastructure provider Startale, aims to provide a robust platform for developers to test and deploy high-volume applications.