Sonic
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Sonic price
in USD$0.2351
-$0.0083 (-3.42%)
USD
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Market cap
$888.29M #53
Circulating supply
3.78B / 3.89B
All-time high
$0.991
24h volume
$156.24M
About Sonic
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.
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OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Sonic’s price performance
Past year
--
--
3 months
-23.62%
$0.31
30 days
-26.88%
$0.32
7 days
-21.72%
$0.30
Sonic in the news
SegaSwap, a decentralized automated market maker operating on Solana and Sonic SVM, has completed a...
The funding will be used to support SonicStrategy's treasury, validator operations, and blockchain investments, and can convert to common stock at $4.50 per share.
Sonic Labs pitched the proposal as a necessary break from its “2018 tokenomics,” which involved Fantom giving away most of its supply to the community.
Sonic on socials
The perp dex era is really booming.
@bluefinapp is truly the leading perps platform on Sui.
I am so excited to hear that the buyback will start in October.
I think the community will definitely be talking about this.
The opportunity for those who follow Bluefin early is even more obvious.
I am looking forward to seeing how the buyback will impact the market.
Aya – a DJ originally from Yokohama, now living in Singapore, will close the Token2049 afterparty at TUFF CLUB.
I heard that there are already over 1,000 people registered to join, so hot!
The party promises to have enough food, drinks and famous faces from AI and crypto.
Not only @SentientAGI , PerleLabs, PrismaXai, Mira Network but also Polygon, Autonolas, SonicLabs and DonutBrowser will be present.
Truly an AI and crypto crossover event that cannot be missed.
I will definitely apply for tickets at the Luma link to be present at this explosive night.
A new collection has just appeared on the @NEARProtocol ecosystem and I was really surprised.
What's special is that it was built with Hot Craft, a tool that is very hot recently.
Behind this collection is Rhea Finance - a pure NEAR DeFi protocol that I have been following for a long time.
It feels like every time NEAR has a new project, the community has more opportunities to explore.
I'm waiting for details about mint so I can join soon.
Anyone interested can see the information below.
[ Organizing after checking the Dambi Calendar 2 ]
Since KBW is a bit chaotic, I need to check the calendar to find the Yapping rhythm. Projects where I can receive rewards as September wraps up.
[@burnt_xion ]
Rank 11 => Rank 18
The rewards are significant up to the top 10. The original snapshot was on the 16th, but there hasn't been any announcement.
Many Korean users are coming in, causing a backlog. ㅜ
[ @SonicLabs ]
Rank 46 => Rank 65
[ PortaltoBitcoin ]
Rank 59 => Rank 34
Sonic and Portal took snapshots, but Sonic seems to be declining due to Season 2, while Portal is rising since no one is participating anymore.
[ Aptos ]
Rank 62 => Rank 54
I'm grateful it's rising better than expected. It seems I'll receive rent from Yaptos for the first time.
+ As expected, it's gradually increasing. I'm curious about how much I'll receive next month since a snapshot was taken, and it seems the team has high expectations for Decibel.
[ NEAR => Rank 26 ]
Rank 26 => Rank 28
It seems there hasn't been any reward distribution yet, and this month is the last, so it's uncertain how the rewards will be distributed.
+ NEAR is gradually increasing, and it seems a snapshot was taken, but I don't know how the rewards will be distributed. Since this is the last month, if I receive anything, that would be great.
[ Peaq ]
Rank 55
I'm not sure if this made it onto the leaderboard before the snapshot.
Anyway, since it will continue next month, I'm still participating! There seem to be many people involved with various machines on the DeFIN side.
======= End of snapshots here
Next remaining ones
[ @Infinit_Labs ]
Rank 49 => Rank 30
The price has risen significantly since being listed on Upbit, which has increased people's interest. The posts I wrote earlier are still going viral, maintaining a good ranking. It seems possible to receive a Chuseok gift set with the Korean allocation + global ranking.
+ Ongoing
[ @AlloraNetwork ]
7D Rank 34
It didn't even make it into the 30D ranking. Korean users are strong, and since they got a taste at 0G, everyone is working hard.. Especially those up top, I can't keep up with them, haha. But since I've tasted it at 0G, if I receive anything, that would be great!
+ For newly onboarded projects... I need to take it step by step.!
I couldn't secure an early position!!!! I plan to continue with Cysic!
zin | Noya | (❖,❖) | 🦅🟠
[ Organizing after checking the Dambi Calendar ]
[ @burnt_xion => 11th place ]
The rewards are significant up to 10th place.
I'm not sure if I can post it since it's tomorrow, but I'll try a bit more.
[ @SonicLabs => 46th place
@PortaltoBitcoin => 59th place ]
I will continue.
It seems difficult for Portal to rise.
It would be great if it could enter the top 40.
[ Aptos => 62nd place ]
Thank you for rising better than expected.
I might receive rent in Aptos for the first time.
[ NEAR => 26th place ]
It seems there hasn't been any reward distribution yet.
This month is the last, and it's uncertain how the reward distribution will go.
[ INFINIT => 49th place ]
Real usage is the best, but with the introduction of V2,
the entry barrier seems to have increased.
I hope more diverse strategies come out in V2.
=====
It's a fact that amazing people don't do this kind of thing.
I have high expectations for profits,
so I organized it.
Dopamine flowing... September should be happy, right?!
Guides
Find out how to buy Sonic
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
Predict Sonic’s prices
How much will Sonic be worth over the next few years? Check out the community's thoughts and make your predictions.
View Sonic’s price history
Track your Sonic’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.
Sonic on OKX Learn
Tokenomics of Sonic: Unlocking High-Performance Blockchain and Cross-Chain DeFi
Introduction to Sonic and Its Tokenomics Sonic is a next-generation Layer-1 blockchain designed to deliver unparalleled performance and scalability. With Ethereum Virtual Machine (EVM) compatibility,
Sonic Labs Network: Unlocking Speed, Scalability, and Interoperability in Blockchain
Introduction to Sonic Labs Network Sonic Labs Network is a groundbreaking Layer-1 blockchain that redefines speed, scalability, and interoperability. Evolving from its predecessor, Fantom Opera, Sonic
Sonic Testnet and Mainnet: Unlocking High-Speed Blockchain Innovation
Introduction to Sonic Labs: A New Era in Blockchain Technology Sonic Labs is a next-generation Layer-1 blockchain project that has evolved from the Fantom network. Designed to deliver ultra-fast trans
Sonic’s Evolution: How Rebranding and Advanced Technology Are Shaping the Future of Blockchain
Sonic Price Prediction: A Comprehensive Analysis of Its Future Potential Introduction Sonic (S), formerly known as Fantom (FTM), has undergone a transformative rebranding that positions it as a frontr
Diversify your portfolio with over 60 euro trading pairs available on OKX
Sonic FAQ
Currently, one Sonic is worth $0.2351. For answers and insight into Sonic's price action, you're in the right place. Explore the latest Sonic charts and trade responsibly with OKX.
Cryptocurrencies, such as Sonic, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Sonic have been created as well.
Check out our Sonic price prediction page to forecast future prices and determine your price targets.
Dive deeper into Sonic
Sonic is an EVM L1 chain with powerful incentives and infrastructure for DeFi.
ESG Disclosure
ESG (Environmental, Social, and Governance) regulations for crypto assets aim to address their environmental impact (e.g., energy-intensive mining), promote transparency, and ensure ethical governance practices to align the crypto industry with broader sustainability and societal goals. These regulations encourage compliance with standards that mitigate risks and foster trust in digital assets.
Asset details
Name
OKCoin Europe Ltd
Relevant legal entity identifier
54930069NLWEIGLHXU42
Name of the crypto-asset
Sonic
Consensus Mechanism
Sonic utilizes a Proof-of-Stake (PoS) consensus mechanism integrated with a Directed Acyclic Graph (DAG) architecture to enhance scalability and efficiency. Validators are required to stake the network's native $S tokens, with a minimum of 500,000 $S tokens needed to operate a validator node. This substantial staking requirement ensures that validators have a significant investment in the network's integrity.
Incentive Mechanisms and Applicable Fees
Sonic's economic model is designed to incentivize active participation from both validators and developers. Validators earn rewards through a combination of block rewards and transaction fees. The block reward system employs a dynamic Annual Percentage Rate (APR) mechanism.
Beginning of the period to which the disclosure relates
2024-09-25
End of the period to which the disclosure relates
2025-09-25
Energy report
Energy consumption
84358.80000 (kWh/a)
Energy consumption sources and methodologies
For the calculation of energy consumptions, the so called 'bottom-up' approach is being used. The nodes are considered to be the central factor for the energy consumption of the network. These assumptions are made on the basis of empirical findings through the use of public information sites, open-source crawlers and crawlers developed in-house. The main determinants for estimating the hardware used within the network are the requirements for operating the client software. The energy consumption of the hardware devices was measured in certified test laboratories. When calculating the energy consumption, we used - if available - the Functionally Fungible Group Digital Token Identifier (FFG DTI) to determine all implementations of the asset of question in scope and we update the mappings regulary, based on data of the Digital Token Identifier Foundation. The information regarding the hardware used and the number of participants in the network is based on assumptions that are verified with best effort using empirical data. In general, participants are assumed to be largely economically rational. As a precautionary principle, we make assumptions on the conservative side when in doubt, i.e. making higher estimates for the adverse impacts.
Market cap
$888.29M #53
Circulating supply
3.78B / 3.89B
All-time high
$0.991
24h volume
$156.24M