News

BlockBeats News, June 25th, Sonic Labs announced that its tokenomics originally specified an annual inflation of 47,625,000 S tokens to support Sonic's growth. The initial allocation was minted on June 18, 2025. This year, the inflation did not take place as the team is actively working towards no longer increasing the S supply. The remaining issue to be resolved is the validator rewards as the network needs funding support for its security. The team is exploring potential solutions. This decision is a direct response to the community and stakeholders' demands and more details will be shared as the work progresses.

Glonghui, June 25｜Citi has lowered Dow Chemical’s target price from $41 to $35, maintaining a “Buy” rating. (Glonghui)

Golden Ten Data reported on June 25th that Goldman Sachs analysts pointed out in a report that although the possibility of further index weight reductions and the removal of certain stocks remains with the inclusion of updated equity disclosure information, Indonesia is still expected to maintain its MSCI Emerging Market status. MSCI recently kept Indonesia's emerging market status unchanged, acknowledged the progress of its market reforms, and postponed the final decision until November. Analysts noted that uncertainties regarding index adjustments, as well as a challenging economic environment, may continue to weigh on investor sentiment. They added that higher interest rates help stabilize the Indonesian rupiah, but weak domestic demand, slowing credit growth, and cooling retail sales all pose potential downside risks. Goldman Sachs maintains a “reduce” rating on the Indonesian stock market.