Sonic Crypto Price Prediction: Path to $1 by 2031?
Key takeaways
- Looking ahead to 2025, experts predict the average price of Sonic (formerly FTM) to be around $1.15.
- Exciting news for holders! By 2028, we could see Sonic reach a potential high of $3.76.
- And zooming out further, projections suggest Sonic (S) might even touch $11.10 by 2031.
Fantom’s Integration to Sonic (S) Chain
Big news dropped on March 25, 2024, when Fantom CEO Michael Kong announced the upcoming launch of the Sonic mainnet, hot on the heels of its successful testnet phase! The proposal is packed with improvements, including a decentralized bridge to Ethereum for stronger security, simpler staking options, and the introduction of liquid staking – all designed to make things better and smoother for users.
To really shake things up and reposition itself in the crypto space, Fantom officially rebranded as Sonic on January 16, 2025. This isn’t just a name change; Sonic is planning to roll out fresh features aimed at boosting community spirit and making its ecosystem even more useful. These exciting changes could definitely fuel demand for the Sonic token.
However, it’s worth keeping in mind that the price of FTM – now Sonic – will likely still be heavily influenced by the overall vibes in the crypto market and how widely the platform gets adopted. A key factor in the success of this rebranding will be how well Sonic aligns with the growing emphasis on regulatory compliance within the crypto world.
So, will Sonic (formerly FTM) bounce back and even surpass FTM’s all-time high of $3.48 soon? How high could Sonic (S) potentially climb in 2025? Let’s jump right into exploring the price predictions for Sonic in 2025 and the years beyond!
Overview
| Cryptocurrency | Sonic |
| Token | S |
| Price | $0.5133 |
| Market Cap | $1.47B |
| Trading Volume | $254.36M |
| Circulating Supply | 3.17B S |
| All-time High | $1.03 on Jan 4, 2025 |
| All-time Low | $0.04356 on Jan 29, 2025 |
| 24-h High | $0.5179 |
| 24-h Low | $0.4474 |
Sonic (S) price prediction: Technical analysis
| Volatility | 25.61% |
| 50-Day SMA | – |
| 14-Day RSI | 40.36 |
| Green Days | 14/30 (47%) |
| Sentiment | Bearish |
| Fear & Greed Index | 50 (Neutral) |
| 200-Day SMA | – |
Sonic price analysis
TL;DR Breakdown
- Looking at Sonic, we’re seeing hints of a recovery! It’s facing resistance around $0.6010 with support sitting near $0.3352 on the daily chart.
- The 4-hour chart is showing some exciting momentum building, with a bullish MACD crossover and buyers appearing to gain strength.
- If this momentum keeps up, Sonic might just challenge those resistance levels. However, if it can’t hold onto these gains, we could see a bit of a pullback.
Sonic (S) price analysis 1-day chart
Taking a look at Sonic’s one-day chart from March 14th, we can see the price making a comeback after a recent dip, showing a positive gain of +4.71%. According to Bollinger Bands, the price is trying to break out of the lower range, with a resistance point identified at $0.6010 and a support level around $0.3352.
The Relative Strength Index (RSI) is currently at 42.57, putting Sonic in neutral territory but with an upward trend. If this positive momentum holds, we might see it test the middle Bollinger Band soon. However, if it struggles to stay above $0.50, a revisit to those lower levels is possible. For a true reversal confirmation, we’d need to see a sustained move above the resistance.
S/USD technical analysis 4-hour chart
Switching to the 4-hour chart for Sonic, we observe a short-term recovery in progress, gaining +0.70%. Bollinger Bands indicate the price action pushing towards the upper band, with a key resistance level at $0.5077 and support around $0.3970.
Excitingly, the MACD is signaling a bullish crossover, hinting at building positive momentum! Furthermore, the Balance of Power indicator sits at 0.22, suggesting buyers have a slight edge at the moment. If this momentum continues, Sonic has a good chance of testing those higher resistance levels. That said, if it can’t maintain position above the middle Bollinger Band, a pullback could be on the cards. For a stronger upward trend confirmation in the sessions ahead, we’d need to see a clear breakout above that resistance.
Sonic technical indicators: Levels and action
Daily simple moving average (SMA)
| Period | Value | Action |
|---|---|---|
| SMA 3 | $0.526956 | SELL |
| SMA 5 | $ 0.486616 | SELL |
| SMA 10 | $ 0.554194 | SELL |
| SMA 21 | – | – |
| SMA 50 | – | – |
| SMA 100 | – | – |
| SMA 200 | – | – |
Daily exponential moving average (EMA)
| Period | Value | Action |
|---|---|---|
| EMA 3 | $0.582684 | BUY |
| EMA 5 | $ 0.596229 | BUY |
| EMA 10 | $ 0.628838 | BUY |
| EMA 21 | ||
| EMA 50 | ||
| EMA 100 | ||
| EMA 200 |
What can you expect from the Sonic (prev.FTM) price analysis next?
Based on both the 4-hour and 1-day charts, Sonic seems to be bouncing back after a recent downtrend. The daily chart is painting a picture of a bullish rebound, with resistance around $0.6010 and support near $0.3352. The RSI is climbing, although still below 50, suggesting cautious optimism among traders. Looking at the shorter 4-hour timeframe, Sonic has picked up pace, nearing resistance at $0.5077.
The MACD indicator is flashing a bullish crossover, while the Balance of Power indicator is hinting at growing strength from buyers. If Sonic manages to keep this momentum going, it could very well challenge key resistance levels. However, if it fails to maintain this upward pressure, we might see another dip back towards the lower support zones. So, keep an eye on how it plays out!
Is Sonic a good investment?
Sonic is emerging as an interesting high-speed, scalable blockchain platform, catching attention as a potential alternative to networks like Ethereum. Our analysis suggests a positive outlook for its growth, with price projections reaching $0.92 by 2025 and potentially $6.21 by 2030.
Despite this exciting potential, it’s important to remember that investing in Sonic (S), like any cryptocurrency, carries inherent risks, especially market volatility. Therefore, doing your own thorough research and carefully considering your personal risk tolerance is crucial for anyone thinking about adding S to their investment portfolio.
Will Sonic reach $5?
Could Sonic hit the $5 mark? Potentially, yes, possibly by 2029! Price predictions are even suggesting a high of $5.39 in that year. However, hitting this target really depends on overall market conditions and, importantly, how widespread blockchain adoption becomes.
Will Sonic reach $10?
Looking at the technical analysis, it seems like Sonic has the potential to approach double-digit prices within the next 6 years. Our latest Sonic price forecasts suggest that by 2031, S could indeed reach around $10.
Is Sonic a safe network?
Sonic is generally considered a secure blockchain platform. It utilizes its own unique Lachesis consensus mechanism, designed for high-speed and scalable transactions. However, just like with any blockchain network, users should always be vigilant. It’s wise to stick to official channels and practice good security habits to keep your assets safe.
Does Sonic have a good long-term future?
Sonic definitely shows promise for a bright long-term future! Price predictions indicate significant growth potential heading into 2030 and beyond. Analysts are even forecasting prices between $8.51 and $9.32, fueled by its innovative blockchain technology and increasing adoption in the world of decentralized applications. Of course, it’s worth reiterating that market volatility is always a factor to consider.
Recent news/opinion on Sonic (prev. FTM)
Exciting news from Sonic! They recently announced that Pendle is now live on the Sonic network. This collaboration is set to introduce Pendle’s very first pools with Rings Protocol – a cool development for the ecosystem!
And there’s more! Sonic has also launched a handy interactive tool. It offers step-by-step guidance to help users bridge assets seamlessly across different blockchains – making things easier for everyone!
Sonic (S) price prediction March 2025
Looking ahead to March 2025, the price prediction range for Sonic (S) is between $0.71 and $0.80, with an expected average price around $0.78.
| Period | Potential Low ($) | Average Price ($) | Potential High ($) |
| Sonic (S) price prediction March 2025 | $0.71 | $0.78 | $0.80 |
Sonic S price prediction 2025
For the full year 2025, the average market price for Sonic is anticipated to be around $1.01. Predictions also suggest a potential low of $0.97 and a possible high of $1.15.
| Period | Potential Low ($) | Average Price ($) | Potential High ($) |
| Sonic Price Prediction 2025 | $0.97 | $1.01 | $1.15 |
Sonic (S) price forecast 2026– 2031
| Year | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2026 | $1.48 | $1.52 | $1.71 |
| 2027 | $2.17 | $2.23 | $2.57 |
| 2028 | $3.04 | $3.15 | $3.76 |
| 2029 | $4.54 | $4.67 | $5.39 |
| 2030 | $6.60 | $6.78 | $7.76 |
| 2031 | $9.68 | $9.95 | $11.10 |
Sonic (prev.Fantom) price prediction 2026
In 2026, the market price of Sonic is expected to reach a peak of $1.71. However, it could also dip down to $1.48, with an average price settling around $1.52.
Sonic price prediction 2027
The Sonic forecast for 2027 is quite bullish, suggesting the price might surge to a new all-time high of $2.57. On the flip side, potential corrections could push the price down to $2.17, with an average trading price anticipated to be approximately $2.23.
Sonic (S) price prediction 2028
Looking at 2028, Sonic’s market price is predicted to potentially stabilize around $3.76, while maintaining an average trading price of about $3.15, and a minimum price hovering around $3.04.
Sonic price prediction 2029
By 2029, Sonic is expected to climb to a maximum of $5.39. However, price fluctuations could see it fall to $4.54, with an average price of $4.67 anticipated.
Sonic price prediction 2030
Projections for 2030 indicate Sonic could reach a high of $7.76. In the event of market corrections, the price might fall to $6.60, with an average price of $6.78 predicted throughout the year.
Sonic (prev.FTM) price prediction 2031
In 2031, Sonic is anticipated to hit a high of $11.10. The average trading price is expected to be around $9.95, and the minimum price could be about $9.68.
Sonic market price prediction: Analysts’ FTM price forecast
| Firm Name | 2025 | 2026 |
| Coincodex | $ 1.76 | $0.88 |
| DigitalCoinPrice | $0.06 | $ 0.07 |
Cryptopolitan’s Sonic (S) price prediction
Here at Cryptopolitan, our prediction is that Sonic (S) will reach $0.92 by the end of 2025, and potentially climb to $1.37 by 2026. We believe this growth will be driven by increasing adoption, strong backing from developers, and, of course, favorable market conditions.
Sonic (S) historic price sentiment
- FTM first launched in June 2018 at $0.0182 and then experienced its lowest point in March 2020, during the widespread market crash, dropping to $0.00229.
- Riding the wave of the DeFi craze, it witnessed a significant breakout in early 2021. It surged past $0.50 and impressively reached $3.24 by October.
- Following the 2022 bear market, which pulled its price below $0.30, a recovery phase began. By early 2024, the price had climbed back to $0.55.
- August 2024 marked a major shift as Fantom rebranded to Sonic Labs and introduced the new Sonic (S) tokens.
- The swap from FTM to Sonic tokens at a 1:1 ratio started in December 2024. Major exchanges like Binance completed this swap in January 2025.
- Since the swap, Sonic (S) achieved a new all-time high of $1.029 in January. As of February, the S token was trading within the range of $0.57 to $0.70.
- The value of SONIC saw a further decrease in March, dipping into the $0.70 range.
