AI Analysis for Sonic (S)

Sonic
S โ€“ Sonic #148

Sonic Price & Chart

$0.167 (4.175โ‚ซ)
โ†‘ 1.15%
MarketCap
$632,236,984
Vol 24h
$3,407,892.368
Circulating
3,784,775,845
F&G: ...
Data by TradingView
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Technical Indicators

RSI (14)
49.37
Neutral
MACD Histogram
0.0000
Bullish
24h Volume
$3.41M
Trading volume

Fundamentals

Fundamentals of Sonic

Name
Sonic
Symbol
S
Categories
Smart Contract Platform, Layer 1 (L1), Galaxy Digital Portfolio, Sonic Ecosystem
Genesis
โ€”
Sonic is the highest-performing EVM L1, combining speed, incentives, and world-class infrastructure, powering the next generation of DeFi applications. The chain provides 400,000 TPS and sub-second finality. 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.

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Not financial advice