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Sonic

SRank #259Layer 1

$0.0252

+7.40%24h

STRICT Score

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Analyzed on: Jul 5, 2026
By: Coira Research

Data from CoinGecko, on-chain analytics, and official project documentation. View methodology

Cryptocurrency
Sonic (S)
Sector
Layer 1
Market Cap Rank
#259
Current Price
$0.0252
Market Capitalization
$97.97M

Cycle Potential

0x

cycle scenario · ~2029 window

Risk Level

0/10

Low Risk

Market Cap

$97.97M

Volume

$17.93M

Circulating Supply

3.89B

Total Supply

3.89B

What is Sonic?

Sonic (S) is a base-layer blockchain network that processes and finalizes transactions on its own chain. It is currently ranked #259 by market capitalization, trading at $0.0252 with a total market cap of $97.97M.

Type

Layer 1

Symbol

S

Rank

#259

How does Sonic work?

Sonic is a high-performance EVM Layer 1 that migrated from Fantom and is trying to rebuild DeFi activity around fast finality, FeeM developer rewards, USSD, USDC Bridge support, and vertically integrated core apps. As of July 5, 2026, the recovery case is still fragile. Matt Visser has taken over as CEO, while Andre Cronje, Michael Kong, and David Richardson have resigned from the Sonic Labs board. DeFiLlama-derived trackers show Sonic TVL near $18M, and CoinGecko lists USSD around $2.2M market...

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Entry #2228 · published May 3, 2026 · commit 3043d85

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Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions. Cryptocurrency investments are volatile and carry significant risk.