Sonic price

in USD
$0.2778
+$0.0314 (+12.74%)
USD
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Market cap
$1.04B #61
Circulating supply
3.78B / 3.89B
All-time high
$0.991
24h volume
$191.74M
SS
USDUSD

About Sonic

New
Layer 1
CertiK
Last audit: --

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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Sonic’s price performance

Past year
--
--
3 months
-14.40%
$0.32
30 days
-7.87%
$0.30
7 days
+9.62%
$0.25

Sonic on socials

𝐀𝐆
𝐀𝐆
That's a change of pace, $S is top gainer among L1s Leadership changes and @flyingtulip_ within sight has really flipped sentiment
Jack The Oiler 💥
Jack The Oiler 💥
Sonic is going to do a 2021 FTM, starting now. But it’s crazy to think 2021 FTM didn’t even have native USDC or a Coinbase onramp. Among many other things that Sonic now has. It’s possible that the 2021 ftm pump was just a sneak peek of what $S would later do
Blackbeard
Blackbeard
I remember when Solana's 65k TPS made everyone think 'this is it, we found the future.' Truth is, it was only the first glimpse. Now $S shows up at 396k TPS. 6x faster. Same ballpark? Nah. Whole different league. Thing is, billions of users aren’t gonna wait around while chains lag, clog, and crash. They'll need rails that feel invisible, like the internet does today. That's the lane @SonicLabs is building into. Not just fast but absurdly, ridiculously scaled.

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Sonic FAQ

Currently, one Sonic is worth $0.2778. 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
2024-09-30
End of the period to which the disclosure relates
2025-09-30
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
$1.04B #61
Circulating supply
3.78B / 3.89B
All-time high
$0.991
24h volume
$191.74M
SS
USDUSD
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