Sonic

Sonic: everything you need to know about S

Axel van den Boogaard

Axel has been immersing himself in the world of crypto and blockchain for quite some time, which he then translates into understandable articles.

Sonic facts

Abbreviation

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What is Sonic?

Sonic (S) is a fast blockchain specifically designed for financial applications (DeFi). The network can process up to 10,000 transactions per second and confirms transactions in less than a second.

How does Sonic work?

Sonic (formerly Fantom) is compatible with Ethereum, which means that developers can use existing tools to build apps. The unique aspect of Sonic is that developers receive a portion of the transaction fees (up to 90%) back as a reward for using their apps.

The S-token

The cryptocurrency of the Sonic network is called S. There are a total of 3.17 billion S tokens.

The technology behind Sonic.

Sonic is a blockchain specially designed for speed and low transaction costs. Because the network is compatible with Ethereum, developers can easily switch and reuse existing apps.

The Sonic ecosystem

Sonic has a built-in system called Sonic Gateway, allowing users to easily send crypto to and from the network. This provides access to additional liquidity (available tradable coins) and ensures that assets always remain secure, even in case of disruptions.

€0.8563
▲0.68%

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Benefits of Sonic

Super fast transactions - 10,000 per second with immediate confirmation.
Rewards for developers - up to 90% of the transaction costs go back to app builders.
Smooth transition from Ethereum - existing Ethereum apps work without major adjustments.

Disadvantages of Sonic

Competition - Sonic must prove itself among other fast blockchains.

Who is the founder of Sonic?

The founder of Sonic is Andre Cronje.

Expectations for the coming period.

Experts expect a minimum price of €2.6000 in 2027 and a minimum price of €8.5900 in 2032.

Sonic price in the last 24 hours

View all key statistics of the past 24 hours here.

24h ago

€0.8173

24h high

€0.9325

24h low

€0.7975

24h change

▼€0.0185062177

Market information

Use these figures to get a better picture of the Sonic market.

24h volume

€794.3 million

Marketcap

€2.6 billion

Sonic in circulation

3.2 billion

All time high

€0.9984

Sonic Return On Investment

See how much the price has risen or fallen over the years.

1 month

▲40.45%

Historical Sonic price

Here you can see Sonic's daily prices, trading volume and market cap. Looking for a specific date? You can fill in the range all you want. Maybe you'll spot the one trend!

From

Till

Date	Price	Volume	Marketcap

Frequently asked questions

How much is 1 Sonic worth?

Sonic doesn't have a fixed value because the exchange rate is always in motion. Whenever you get distracted or even blink, it has already changed. Right now, the value of Sonic is €0.8563.

Can I buy Sonic?

You can easily buy Sonic on BLOX! Quickly download the app, and within two minutes, you'll have your own crypto portfolio with Sonic and your other favorite coins.

How much can Sonic be worth?

So much is happening in the crypto market that it's sometimes difficult to stay continuously informed. That's why we've already taken a look at the expectations for you. According to experts, the value of S is expected to continue rising steadily in the coming years. For instance, the price of Sonic is predicted to reach €2.2700.

Is it wise to invest in Sonic right now?

We don't have a crystal ball either, so it's up to you to decide whether you want to invest in S. We can only recommend once again that you thoroughly research the market and only invest what you're willing to lose.

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