Sonic Speeds Past Market Slump—Here’s Why!
By Ruchi Sharma
21 feb को bybit exchange पर हुए $1.4 bn के hack का असर पूरी क्रिप्टो मार्केट पर पड़ा…तो एक तरफ ज़हां तकरीबन सारे कॉइन्स में गिरावट देखी गई तो वहीं एक कॉइन ऐसा है जो इस नेगेटिव मार्केट condition में भी लगातार अच्छा परफॉर्म कर रहा है…और वो है Sonic का $S coin…..जो पिछले 24 घंटों में 5.3% aur pichle 7 दिनों में kareeb 50% up hai…
As on 25th Feb $S ka price hai – $0.85…iski Market cap hai- $2.43 bn aur iski circulating supply hai- 2.88 bn S
Fantom recently rebranded itself to sonic in dec 2024 with an aim to boost community engagement, attract developers, and secure new partnerships.
Sonic is a layer 1 solution which addresses the problems of sustainability, speed and cost. It is known for hosting deFi protocols. Sonic Gateway- allows for seamless asset transfers between Ethereum, Solana, and other chains.
Sonic ki transaction speed per second hai 16000 + jo solana se 3 guna aur ethereum se hazaron guna zyada hai ….sonic ka gas fees structure bhi kafi interesting hai jo , revenue sharing model par kaam karta hai -where 90% of gas fees generated by the apps on it, is shared with the project developers to develop their project further…
Since the rebranding, Sonic’s TVL has gone from 0$ on Dec 16 to $736 Mn in just 2 months. Itne kum samay me sonic DeFiLlama par 13 th ranking par aa gayi hai
Not just that Recently sonicsTVL surged by 87.8%, flipping Polygon, Hyperliquid and OP mainnet…Further, dApps built on the Sonic mainnet have seen a notable hike in daily revenues, averaging $176.4K over the past two days—way higher than the $24.73k recorded on Feb. 22.
Sonic ke is recent success aur token surge ke peeche wajah hai- sonics recent partnership with Fjord Foundry and sonics upcoming airdrop.
The major driver behind Sonic’s gains appears to be its partnership with Fjord Foundry, a decentralized fundraising launchpad that would enable developers to raise funds and launch tokens using S through fixed-price sales, Liquidity Bootstrapping Pools, and tiered sales.
The integration will likely boost S’s utility and adoption, attracting new projects to the Sonic ecosystem while increasing demand for the token.
also Sonic is doing a 200Mn tokens airdrop in june which at current price of $S is valued at ~170 Mn Dollars
This Airdrop can be earned by earning sonic points by using the Sonic Blockchain, so do checkout sonic labs website to see which projects are eligible for the airdrop
Some of the top DeFi protocols on Sonic include Silo Finance, Beets, Shadow Exchange, and Avalon Labs, each managing over $100 million in TVL.
Silo Finance (SILO) is redefining the landscape of decentralized finance by offering a non-custodial lending protocol that allows users to borrow any crypto asset using another as collateral.
Let’s find out how you can make the most of this Airdrop– instead of keeping solana tokens with you, if you stake those tokens on silo finance, then those S tokens on Silo will earn you a 13.4% plus x8 Sonic Points and x2 Silo Points for the Airdrop for every $token staked…
Projects on Sonic would also be receiving this airdrop, so these projects would also distribute sonic tokens via points system they design.
Now let’s Talk about Shadow, the number 1 Dex on Sonic, it has its own native token Shadow which was trading between $5-12$ a few days after launch but recently has gone up to 190$ which is 1000-2000% return in less than a month.
you can earn additional interest on Shadow tokens, if you stake and lock in your tokens and convert them into x33 which would give you an interest of $6 million dollars which will be shared among shadow token stakers which is around 30-50% APR interest paid out
Shadow exchange is currently ranked 4 by holder revenue and number 6 by fees earned by the platform surpassing Jupiter, Aerodome, Phantom Wallet and AAVE.
Sonic ke infrastructure se lekar ispar built dapp aur defi projects aur iske coin ki performance
Itni zabardast hai ki Analyst Tyler has predicted a bullish target of $2 for 2025 noting that the altcoin had been in an accumulation phase over the past month before it broke out last week.
So do keep an eye on the movement of this very promising coin Sonic
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