Name: Sonic
Brand: Binance
Price: 0.08 USD
Availability: InStock

Price of Sonic Today

The live price of Sonic is $0.084595 per (S / USD) with a current market cap of $243.63M USD. 24-hour trading volume is $18.12M USD. S to USD price is updated in real-time. Sonic is -1.23% in the last 24 hours with a circulating supply of 2.88B.

S Price History USD

Date Comparison	Amount Change	% Change
Today	$-0.001056	-1.23%
30 Days	$-0.006864	-7.51%
60 Days	$-0.055995	-39.83%
90 Days	$-0.118034	-58.25%

Sonic Chart Performance

24h Low & High

Low: $0.082431

High: $0.086447

The highest and lowest price paid for this asset in 24 hours.

All Time High

$1.029317

The highest price paid for this asset since it was launched or listed.

Price Change (1h)

+0.38%

The percentage change in price for this asset compared to 1 hour ago.

Price Change (24h)

-1.23%

The percentage change in price for this asset compared to 24 hours ago.

Price Change (7d)

-8.51%

The percentage change in price for this asset compared to 7 days ago.

24h Low & High

Low: $0.082431

High: $0.086447

All Time High

$1.029317

Price Change (1h)

+0.38%

Price Change (24h)

-1.23%

Price Change (7d)

-8.51%

What is Sonic ($S)?

Sonic is an EVM layer-1 platform that offers developers attractive incentives and powerful infrastructure. The chain reportedly provides over 10,000 TPS and sub-second confirmation times, powering the next generation of decentralized applications.Sonic's Fee Monetization (FeeM) program rewards developers with up to 90% of the fees their apps generate, adapting the Web2 ad-revenue model to a decentralized framework. Developers now directly profit from their app's traffic and user engagement. Furthermore, the Sonic Gateway provides developers and users with seamless access to vast liquidity through a native, secure bridge connected to Ethereum. With a unique fail-safe mechanism, it ensures your assets are protected in all circumstances.

Sonic is a EVM layer-1 with unique incentives for developers, offering world-class tooling, infrastructure, and revenue-sharing models for its builders, specifically its FeeM program. It also offers its own bridging infrastructure called the Gateway, designed to keep bridged assets as safe as possible.

Sonic launched in December 2024 as an upgrade from the Fantom network, which maintained an impressive 99.99% uptime over four years and reached a peak total value locked of $14 billion. Positioned to lead the EVM space, Sonic is set to feature over 100 applications by the first quarter of 2025.

The Sonic chain provides developers with scalability and storage capabilities while delivering a fast and seamless user experience. Sonic achieves 10,000 transactions per second with sub-second finality for immediate, irreversible transactions and utilizes storage system for efficient data management.

The Sonic Token ($S) functions as the core of the Sonic ecosystem. Beyond being an investment tool, it offers decentralized security through a blockchain network that distributes control and transaction verification globally, ensuring transparency and safety. $S addresses the inefficiencies of traditional currencies and early cryptocurrencies by providing fast and efficient transaction processing.

Sonic ($S) is listed on Binance for trade and purchase. The current price of $S is available and updated in real-time on Binance.

People Also Ask: Other Questions About Sonic

What is Sonic?

Sonic is an EVM layer-1 blockchain platform with the capability to handle 10,000 transactions per second at sub-second finality, with full Solidity and Vyper support.

What is $S Used For?

The S token is the native token of Sonic. It has multiple roles within the network, such as paying for transaction fees, staking, running validators, and participating in governance.

How Do Network Consensus and Validation Work On Sonic?

Sonic employs a consensus mechanism that combines Proof-of-Stake (PoS) with Asynchronous Byzantine Fault Tolerance (aBFT) and directed acyclic graphs (DAGs). This innovative setup allows validators to swiftly and securely reach agreement on transactions without adhering to a rigid processing sequence. Validators generate and exchange event blocks locally, which contain numerous transactions. Once a majority of validators reach consensus on an event block, it is incorporated into the primary chain. This method enables both secure and efficient transaction processing. To learn more, refer to Sonic's consensus documentation. Becoming a validator requires staking a minimum of 500,000 S, which grants eligibility to earn rewards for contributing to network security.

Who Is The Founder of Sonic?

Sonic was founded by a team of prominent individuals in the blockchain space, including Michael Kong, Andre Cronje, and Bernhard Scholz.

What is the Circulating Token Supply of $S?

This is an inflationary token, with a minimum staking reward rate of 1.75% per year. This may change in the future if a governance vote is proposed and passed. The current circulating supply of $S stands at 2.88 billion.

What Makes Sonic Different From Others?

Sonic stands out for its features, like a proprietary gateway infrastructure that ensures secure bridging of assets into the network from Ethereum. It also introduces a groundbreaking revenue-sharing model, FeeM, which allocates up to 90% of network fees to developers. Sonic's scalability and speed reportedly position it as a leader among EVM-compatible chains.

How to Buy Sonic ($S)?

$S can be purchased directly on Binance using a credit or debit card. Additionally, it can be traded with other cryptocurrencies on the Binance Exchange. For more details, head to on our How to Buy Sonic (S) guide.