Sonic (S) is now on PDAX ⚡️

What is Sonic (S)?

Sonic (S) is a Layer 1 blockchain platform that officially launched in January 2025, but it didn’t start from scratch. Sonic (S) is the rebranded and upgraded version of FTM, a network long known for its fast, low-cost transactions.

The rebrand marked the rollout of a next-generation chain built on a completely overhauled tech stack, designed to deliver over 10,000 transactions per second (TPS) with near-instant finality.

With this upgrade, Sonic (S) aims to support real-world decentralized applications, DeFi ecosystems, and digital economies at scale – positioning itself as a serious contender in the Layer 1 space. The rebrand also reflects a refreshed long-term vision for growth, developer onboarding, and a stronger community identity.

What is the Sonic (S) token used for?

The Sonic (S) token serves multiple functions within the Sonic ecosystem:

--> Transaction Fees: Used to pay for transactions on the Sonic network.

--> Staking: Users can stake Sonic (S) tokens to secure the network and earn rewards.

--> Governance: Sonic (S) holders can participate in decision-making processes affecting the network's future.

--> Validator Operations: Required for running validator nodes that maintain network integrity.

Additionally, Sonic (S) tokens facilitate fast, low-fee transactions, enhancing the user experience for both developers and end-users.

Sonic Tokenomics

Sonic (S) has a total supply of 3.175 billion tokens, with nearly the entire amount already in circulation. Sonic follows an inflationary token model designed to support long-term network growth through staking rewards and ecosystem development.

The all-time high price for $S was $1.03, recorded on January 4, 2025. As of now, $S is trading at $0.4497 and is ranked #80 in terms of market cap.

Ready to start with crypto? Sonic (S) is now on PDAX. ⚡️

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