š Is Sonic (S) Gearing Up for a 30% Surge to $0.70?
Sonic (S) is flashing strong bullish signals, with analysts predicting a potential breakout to $0.70āand even a shot at $1. This surge is fueled by technical breakouts, new DeFi partnerships, and a game-changing virtual payment card.
š„ Whatās Driving Sonicās Rally?
1ļøā£ Bullish Technical Breakout
Analyst Robert Mercer points out that Sonic has reclaimed key support and broken out of a descending trendline.
Crypto Nova, a well-followed trader, agrees: Sonic is showing a healthy rebound, defying the broader market trend.
2ļøā£ New Virtual Payments CardāSonic Pay
The launch of Sonic Pay, developed with RedotPay, enables USDC.e payments via Apple Pay & Google Pay, eliminating crypto-to-fiat conversion friction.
This makes Sonic one of the few cryptos with real-world utility in mainstream transactions.
3ļøā£ DeFi Expansion Through Strategic Partnerships
ChainGPTās AI NFT Generator, ChainGPT Pad, and DegenPad have integrated with Sonicās blockchain, enhancing NFT minting, fundraising, and ecosystem growth.
Sonicās DeFi total value locked (TVL) just hit $841.5 millionāa massive leap from $25.41 million at the start of 2025.
4ļøā£ Sonicās Lightning-Fast Blockchain
Sonic is proving to be faster than Solana, Arbitrum, and Base in block time, making it one of the most efficient layer-1 networks.
š Market Data & Technical Indicators
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Price Action: Sonic surged 11% to $0.55, up 18% from its weekly low of $0.45.
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Market Cap: $1.71 billion.
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Daily Trading Volume: $216 millionādouble the previous day.
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Technical Indicators:
Aroon Up at 85.71% signals strong buying momentum.
Aroon Down at 7.14% means minimal selling pressure.
RSI at 60 shows room for further gains before a sell-off.
Funding rate is positive, and open interest is rising, meaning traders are betting bullish.
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