Ah, dear readers! Gather ’round as we delve into the whimsical world of Sonic, a creature that may soon leap forth with a vigor that would make even the most sprightly of rabbits envious! 🐇💨
Our gallant Sonic, with a price that could soar nearly 30% from its current perch, is poised for a grand adventure, thanks to the unveiling of its virtual payments card and a delightful dalliance into the DeFi realm through new partnerships. Who knew finance could be so… entertaining? 🎭
According to the esteemed analyst, Monsieur Robert Mercer, Sonic has reclaimed its noble support and is breaking free from the shackles of a downtrend, preparing for what he has dubbed a “programmed” jaunt toward the illustrious $0.60–$0.70, and perhaps even a daring leap to $1! Oh, the audacity! 💰
Behold! A chart shared by our analyst on the mystical platform X reveals a bullish breakout from a descending trendline, with momentum so strong it could rival a galloping horse! 🐎
Our well-followed trader, the illustrious Crypto Nova, echoes this bullish sentiment, proclaiming that Sonic has retraced to key levels and is displaying signs of a healthy rebound. A veritable phoenix rising from the ashes! 🔥
“$S / Sonic not in a bad position right here, I must say!
Retraced to previous key levels and showing healthy rebound signs.
It defied the market last month with a decent rally. Surely, it can do so again!”
— Crypto Nova (@CryptoGirlNova) March 20, 2025
According to the wise sages at crypto.news, Sonic (S) has risen nearly 11% to an intraday high of $0.55 on March 20, extending its gains to over 18% from its weekly low of $0.45. Its market, a princely sum of $1.71 billion, while its daily trading volume has nearly doubled to a staggering $216 million! What a spectacle! 🎉
A major catalyst behind this rally is the launch of Sonic Pay, a virtual payment card developed in collaboration with RedotPay. This card allows users to make payments using USDC.e via Apple Pay and Google Pay, thus removing the pesky friction of crypto-to-fiat conversions. How convenient! 🏦
Adding to the jubilant atmosphere, Sonic is strengthening its presence in the DeFi space through key partnerships. Most notably, ChainGPT has integrated its AI NFT Generator, ChainGPT Pad, and DegenPad with Sonic’s high-speed blockchain infrastructure. A match made in financial heaven! 💞
This integration optimizes NFT minting for creators and developers, enhances fundraising opportunities for Sonic-based projects, and accelerates ecosystem growth for both investors and the broader Sonic community. Truly, a feast for the senses! 🍽️
Sonic has also shown remarkable growth in the DeFi sector. According to DefiLlama, its total value locked has just hit an all-time high of $841.5 million, a noticeable leap from the mere $25.41 million recorded at the start of the year. What a transformation! 🌱
It was also one of the fastest-growing blockchains by TVL in February. Meanwhile, the layer-1 blockchain is being hailed as one of the swiftest chains in terms of block time, even outpacing major players like Solana, Arbitrum, and Base. See below! 🏁
“Fastest chains by block time. $S in good company here at only 0.42s 👀”
— Crypto Rand (@crypto_rand) March 19, 2025
S price analysis
With community sentiment leaning heavily
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2025-03-20 13:35