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Sonic Price Prediction 2025: Short-Term Struggles After Fantom Rebrand

Last Updated
Peter Henn
Last Updated
By Peter Henn
Edited by Ryan James

Key Takeaways

  • Fantom rebranded as Sonic at the start of 2025.
  • The move came after a reasonably strong 2024.
  • Our Fantom price prediction says it could drop to $0.33 next year.

The old Fantom blockchain has been rebranded as Sonic, with the FTM coin now called S.

On Jan. 14, 2025, S was worth about $0.694.

But what is Sonic (S)? How does Sonic work? Let’s see what we can find out and also look at some of the Sonic price predictions being made as of Jan. 14 2025.

For clarity’s sake, we will use prices related to the old FTM coin when discussing Sonic before 2025.

Sonic Price Prediction

Let’s look at the Sonic predictions made by CCN on Jan. 14. We will use the wave count method to create the projections, adding and removing 20% to create the minimum and maximum targets. 

Minimum S Price Prediction Average S Price Prediction Maximum S Price Prediction
2025 $0.33 $0.38 $0.45
2026 $0.011 $0.014 $0.017
2030 $2.85 $3.55 $4.25

The most likely wave count suggests that the Sonic trend is bearish. According to the court, the price has completed a complex W-X-Y-X-Z correction structure leading up to the $1.47 high in December. 

Afterward, the price fell, following a fractal of the decline after the all-time high. If the fractal is followed, the Sonic price will reach $0.380 and $0.014 by the end of 2025 and 2026, respectively. 

S/USDT Weekly Chart
S/USDT weekly chart | Credit: Valdrin Tahiri/TradingView 

Then, we will use the rate of increase for the past two years to create the Sonic price prediction for the end of 2030.

Sonic has increased by 170% since January 2023 for a daily rate of 0.20%. Projecting this increase until the end of 2030 leads to a SONIC target of $3.55.

Sonic Price Prediction for 2025

The wave count method gives a Sonic price prediction range between $0.330 to $0.450 for the end of 2025.

Sonic Price Prediction for 2026

The wave count method gives a Sonic price prediction range between $0.011 to $0.017 for the end of 2025.

Sonic Price Prediction for 2030

Using the daily rate of increase for the past two years, we can calculate a SONIC target of $3.55 by the end of 2030.

Sonic Price Analysis

Sonic’s price has fallen since its 2024 high of $1.46 on Dec. 15. Most of the downward movement is contained inside a descending wedge. The wedge is considered a bullish pattern, meaning that it usually leads to breakouts. 

To reiterate this bullish sentiment, both the Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD) have generated bullish divergences (green). Such divergences often lead to upward movements and could catalyze a breakout from the wedge. 

S/USDT Six-hour Chart
S/USDT six-hour chart | Credit: Valdrin Tahiri/TradingView 

If that happens, Sonic’s price can increase by over 50%, and the next resistance will be $1.10.

Short-Term Sonic Price Analysis

The Sonic price analysis for the next 24 hours is bullish. The price will likely break out from the wedge and reach the $1.10 resistance area.

Sonic Average True Range (ATR): S Volatility

The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days.

S ATR
S ATR | Credit: Peter Henn/TradingView 

A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility. Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels. On Jan. 14, 2025, Sonic’s ATR was 0.1052, suggesting high volatility.

Fantom Relative Strength Index (RSI): Is Sonic Oversold or Overbought?

The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above 70 and below 30 show over and undervaluation, respectively.

Movements above and below the 50 line also indicate if the trend is bullish or bearish.

S RSI
S RSI | Credit: Peter Henn/TradingView 

On Jan. 14, 2025, the Sonic RSI was at 40, indicating bearish but not yet oversold conditions.

CCN Strength Index

The CCN Strength Index combines an array of advanced market signals to measure the strength of individual cryptocurrencies over the last 30 days.

Every day, it assigns a strength score, ranging from 0 to 100, to the top 500 assets by market capitalization on CoinMarketCap, focusing on both trend direction and the intensity of price movements.

  • 0 to 24: Assets exhibit significant weakness, showing signs of sustained downtrend behavior.
  • 25 to 35: The price tends to move within stable bounds with minimal volatility.
  • 36 to 49: Assets begin a stable uptrend but without strong surges.
  • 50 to 59: Consistent growth with moderate price advances, building momentum.
  • 60+: Sharp price movements and high demand indicate stronger volatility and trend shifts.

The index dynamically adapts to rapid changes. For example, an asset experiencing a 100% increase within a short timeframe would see a sharp jump in its score to reflect the intensity of the rise.

However, should that asset stabilize at this new price level, the score will gradually taper down and align with the dampened momentum as the movement normalizes. The same principle applies to rapid declines: a sudden drop will spike the score downward, but as volatility decreases, the score will slowly adjust back up.

On Jan. 14, 2025, Sonic scored 41.8 on the CCN Index, suggesting moderate momentum.

S CCN Index
S CCN Index | Credit: CCN

Sonic Price Performance Comparisons

Current Price One Year Ago Price Change
Sonic $0.694 $0.4031 +72.1%
Polygon $0.45 $0.8823 -48.9%
Avalanche $36.05 $37.79 -4.6%
Solana $188.25 $102.17 +84%

Sonic Price History

Let’s examine some key dates in the Sonic  and the Fantom price history . Past performance should never be taken as a guide to future results.

Sonic Price History
Sonic price history since its rebrand | Credit: CoinMarketCap 
Time period Sonic/Fantom price
Last week (Jan. 7 2025) $0.8503
Last month (Dec. 14, 2024) $1.32
Three months ago (Oct. 14, 2024) $0.743
One year ago (Jan. 14, 2024) $0.4031
Five years ago (Jan. 14, 2020) $0.009966
Launch price (Oct. 31, 2018) $0.02158
All-time high (October 26, 2021) $3.48
All-time low (March 13, 2020) $0.001953

Sonic Market Cap

The market capitalization, or market cap, is the sum of the total number of S in circulation multiplied by its price.

Sonic Market Cap
Sonic market cap since its rebrand | Credit: CoinMarketCap

On Jan. 14, 2025, Sonic’s market cap was about $1.99 billion, making it the 57th-largest crypto by that metric.

Sonic Supply and Distribution

Supply and distribution Figures
Total supply 3,175,000,000
Circulating supply (as of Jan. 14, 2025) 2,880,000,000 (90.7% of total supply)

From the Sonic Whitepaper

In its technical documentation or whitepaper , Sonic – then called Fantom – says it is designed to be a faster, more efficient form of blockchain. It aims to achieve this by using a form of Proof-of-Stake called Lachesis.

It says: “Built on our novel Lachesis protocol, Fantom’s Opera platform is a public, leaderless, asynchronous BFT blockchain, with guaranteed deterministic finality.”

What Is Sonic?

Sonic, formerly known as Fantom, is designed to serve as a system where people can create their own decentralized applications (DApps). 

The system claims to be faster. It allows individual computers, or nodes, on the network to verify transactions rather than having them all clustered together. 

Sonic crypto, known as the ticker handle S, supports the Sonic blockchain. 

How Sonic Works

Sonic uses a program called Lachesis, which helps its nodes operate. The code reduces the system’s overall size, which, in turn, makes it quicker, at least in theory. 

The overall system uses a Proof-of-Stake (PoS) consensus mechanism, meaning people are selected to add blocks to the blockchain-based on how much S they hold. 

The S coin allows holders to vote on network changes and pay node operators. It can also be bought, sold, and traded on exchanges.

Is Sonic a Good Investment?

It is hard to say. It is worth pointing out that, despite its rebrand, Sonic/Fantom has been around for quite a long time now and has failed to use its undoubtedly interesting technology to become one of the bigger players.

A lot will depend on how the migration to Sonic goes and whether investors and traders can accept the rebrand.

As always with crypto, you should do your own research before deciding whether or not to invest in Sonic.

Will Sonic go up or down?

No one can really tell right now. While the Sonic crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind that prices can and do go down and up. 

Should I invest in Sonic?

Before deciding whether to invest in Sonic, you must research S and other related coins and tokens such as Cardano (ADA) or EOS. Either way, you must also ensure you never invest more money than you can afford to lose.

Technical analysis by Valdrin Tahiri.

FAQs

How many Sonic are there?

As of Jan. 14, 2025, there were 2.88 billion Sonic in circulation out of a total supply of 3.175 billion.

Will Sonic Reach $10?

According to price predictions based on technical analysis, S won’t reach double figures until the 2030s at the very earliest.

Keep in mind that the crypto’s best-ever price is $3.48, which it reached in late October 2021.

What is Sonic used for?

S rewards people who operate the computers, or nodes, that help run the Sonic blockchain. People can buy, sell, and trade it on exchanges. 

 

Disclaimer: The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
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Peter Henn

Peter Henn has been a journalist since 2005. In that time, he has written for a variety of publishers including the Mail on Sunday and the Daily Express. He has previously covered the world of cryptocurrency for Currency.com and Capital.com, and has also written for ECigIntelligence.com and CBD-Intel.com. A graduate of the University of Liverpool, he is based in the United Kingdom. His hobbies include music, horse racing and performance art.
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