Convert between S and US dollars at the live rate.
$1.03
−97.67% from current
$0.019066
+25.80% from current
Independent editorial ranking. Score is 0–10 across six criteria: Security, Fees, UX, Features, Support, Reputation.
US and EU users who prioritise a spotless security record — no major hack since 2011 — and want a serious pro-grade trading terminal.
Institutions and funds requiring an SEC-registered venue with segregated qualified custody and audited on-chain reserves.
Active spot traders chasing the deepest global liquidity and the widest listing catalogue outside the US perimeter.
Traders who mix spot and on-chain — the Web3 wallet, DEX aggregator and Ethereum L2 X Layer sit inside the same account as CEX pairs.
Long-horizon EU holders who want the oldest continuously-operating exchange (2011) with conservative listings and full MiCA licensing.
Derivatives-first traders who want tighter perp funding and a maker-friendly fee schedule; accept offshore regulatory footprint.
Top coins in the same category, ordered by market cap.
Sonic (S) is a high-performance layer-1 blockchain that launched in late 2024 as the rebrand and technical successor of Fantom (FTM). Built by Sonic Labs with key contributions from Andre Cronje, Sonic targets EVM-compatible smart contracts with a redesigned consensus engine, sub-second finality, and native fee monetization that pays developers a share of the gas their applications generate.
S is the native token. It pays for gas, secures the network through delegated proof-of-stake, and is used in governance. Existing FTM holders can migrate to S at a 1:1 ratio through the official upgrade portal, with a multi-year window to convert legacy supply. Sonic also introduces an airdrop allocation that rewards active users and developers on the new chain.
The Sonic price comes from supply and demand across spot and derivatives markets. The most active pairs are S/USDT, S/USDC, and S/BTC. Live data on this page is aggregated from a multi-venue market feed and refreshes every 60 seconds.
What moves Sonic on any given day:
The numbers in the price card above are live. The analysis below uses the levels at page load. For multi-year scenarios, see our S price forecast.
Sonic’s headline numbers are 10,000 transactions per second peak throughput and sub-second finality. The chain achieves this through a redesigned consensus layer and a custom database engine that compresses state history without slowing block production.
Independent stress tests in 2024 and 2025 have shown sustained throughput in the 5,000 to 8,000 TPS range under realistic conditions, with peak bursts approaching the advertised ceiling.
Sonic’s most distinctive feature is fee monetization (FeeM). Developers who deploy contracts on Sonic can register and receive up to 90% of the gas fees their applications generate, paid in S directly to a wallet of their choice.
FeeM changes the economic model for application developers. Instead of relying on token launches or VC funding, a high-volume protocol can sustain itself directly from network usage. Early FeeM recipients on Sonic include lending markets, perp DEXes, and stablecoin issuers.
Existing Fantom (FTM) holders can convert to S at a fixed 1:1 ratio. The migration runs through the official Sonic upgrade portal and supports both wallet-held FTM and FTM staked on the legacy network. Sonic Labs has set a multi-year window for migration to give every holder time to convert.
Holders who do not migrate within the official window risk losing access to upgrade rewards and may face reduced liquidity on legacy FTM markets as exchanges consolidate listings to S.
Buying Sonic follows the same five-step flow that works for any major coin.
S held in MetaMask works like any EVM-native asset once the Sonic network is added. The Sonic gateway bridge handles transfers from Ethereum, Arbitrum, Base, and BSC.
Sonic competes with Avalanche and Near on different dimensions. Each chain has trade-offs that suit different applications.
Sonic is most often held as a directional bet on the FeeM economic model and the Cronje-led DeFi ecosystem rebuilding from Fantom’s legacy.
Price volatility is the headline risk. Migration execution and key-person dependency matter just as much.
This page is information, not financial advice. Talk to someone licensed before allocating real capital.
Analysis last updated:
Sonic (S) trades at $0.023985 with a 24-hour volume of $7.88M and a market capitalization of $93.17M. The asset is currently ranked #279 among all tracked cryptocurrencies.
In the last 24 hours, the S price has fallen +0.82%. On a seven-day window, Sonic has retraced +5.46%, under sustained selling pressure on both windows. Short-term moves are often amplified by liquidity, news flow, and derivatives positioning, so confirm signals across multiple indicators before acting.
Sonic's all-time high of $1.03 was set on January 4, 2025. The current price sits +97.67% below that peak. Distance from the all-time high is a common reference point when evaluating long recoveries and macro support or resistance.
Buying Sonic (S) is a five-step routine once you have picked the right venue and pair. The steps below mirror what most investors do today.
You can also use the Sonic converter above to estimate how much S you would get for a given dollar amount before placing the order.
Whether Sonic is a good investment depends on your goals, time horizon, and tolerance for volatility. Like all cryptocurrencies, S carries real market risk: prices can rise or fall sharply in a day, and past performance is not a reliable indicator of future returns.
This page provides data and analysis for educational purposes only. It is not financial advice. Always do your own research, diversify, and never invest more than you can afford to lose.
