Sonic Labs has announced significant leadership changes and strategic updates as part of its 2026 ecosystem update. CEO Mitchell Demeter and Business Head Evan Owens have stepped down, with the board temporarily managing operations while searching for a new CEO. The company has secured long-term reserves for its development fund, reducing investment unlocking pressures, with allocations in S tokens, stablecoins, and government bonds. Strategically, Sonic Strategy holds approximately 127 million S tokens under multi-signature custody, prohibiting sales, and has ended its partnership with CMCC Resonance Fund. On the product front, the AI smart contract generation platform Spawn is undergoing internal testing. FeeM has distributed over 2.6 million S tokens to developers and may shift from a 90% commission to a tiered structure. Additionally, Sonic Labs has terminated the Meme Season and Sonic & Sodas incentive programs to focus on long-term ecosystem development and token economy integration.