Veteran 100x Layer 1 Sonic ($S): Is this high-volume breakout a catch-up rally or the start of a new major uptrend? 📈🚀
Remember Fantom (FTM), which swept through DeFi in the 2021 bull market? During that bull run, backed by AC (the “Godfather of DeFi,” Andre Cronje) and boasting exceptionally high TPS, FTM surged dozens of times over, creating the legendary “100x coin” story.
Once a star Layer 1 blockchain, it’s now rebranded as Sonic ($S)—and its chart has finally put in a powerful reversal!
Although the news about “ending manual token issuance + third-party audits” broke a few weeks ago, the market’s reappraisal of Sonic’s fundamentals is only just beginning:
🔹 1. A ground-up rebuild from FTM to Sonic Sonic is more than just a name change. It delivers another leap in underlying performance (sub-second finality + high TPS), reclaiming its competitive position among high-performance L1s. 🔹 2. Tokenomics address a critical pain point FTM previously struggled with inflation and selling pressure from token issuance. The CEO announced an end to manual issuance of $S and the introduction of third-party audits, improving the health of the token distribution and clearing away institutional investors’ concerns about entering the market.
🔹 3. Real money is flowing into the market Take a look at the daily chart: up over 150% in the past 30 days, with 24-hour trading volume surging to 193 million USDT! Massive bullish candles at the bottom, together with bullish EMA alignment, point to a classic markup after the market confirms positive fundamentals.
💡 In summary: veteran L1 roots + a performance upgrade + a deflationary model—can Sonic recreate FTM’s glory days?
What do you think, folks—how high can $S go this time? Are you ready to buy the dip? 👇 #SONİC #FTM #Layer1
$CKB is bullish 💥 I woke up last night and impulsively bought near the top But this coin's trend is already taking shape I think it's poised to rally
📌 Volume is picking up at the weekly bottom, and both EMA and MACD have formed golden crosses 0.00175 support—great entry opportunity Can CKB make a sustained move this time? Feel free to share your thoughts in the comments 👇