Sonic Inu narxSONIC

5/ @SiloFinance hit an ATH TVL of $598M and it's now at $480M driven by its January expansion to @SonicLabs which accounts for 93.5% of total TVL. Daily volume? Around $70M, 95%+ from Sonic. March also saw a record 180K monthly transactions—165K from Sonic alone.

Crypto Market Update – April 12, 2025 (Midday Overview) Markets remain volatile this Saturday, with notable moves across Bitcoin, XRP, and several altcoins. Despite overall volume dipping, we're still seeing strong price action in select assets. Bitcoin (BTC): BTC reclaimed the key $80.6K level on higher timeframes — a bullish sign. Short-term, however, the rally lacks volume and is heavily leveraged, which raises caution. Major resistance lies between $84.2K and $86K. A deeper pullback toward $81.5K or even $80K is possible before any sustained breakout. XRP: XRP is showing strong bullish momentum but is approaching significant resistance near $0.213–$0.22. A short-term rally is possible, but a retest of lower imbalances is likely before any continuation. Altcoin Highlights: Jasmy: High volume but looks overextended — possible short setup forming (not today). Solana (SOL): Technically strong — watch for confirmations. Pi Network & Sonic: Showing bullish breakout potential. Sonic is testing POC at $0.50; if held, $0.60 becomes the target. General Sentiment: Stay cautious amid low-volume moves and increased leverage. Avoid FOMO — especially over weekends. Markets are reactive to headlines; no major news has dropped yet, but any updates on Fed policy or macro shifts could stir volatility. $BTC $ETH $XRP

Overview Fantom is a Layer-1 blockchain platform designed to solve scalability issues in existing public distributed ledger technologies. It utilizes a Directed Acyclic Graph (DAG) based algorithm and the Lachesis Protocol to achieve asynchronous Byzantine fault tolerance (aBFT). This enables fast and cost-efficient transactions, making it an attractive option for developers and users. Key Features - *Lachesis Protocol*: Fantom's core consensus layer, providing near-instant finality and supporting multiple execution chains. - *Opera Chain*: An EVM-compatible smart contract platform, enabling developers to build decentralized applications (dApps) using Solidity. - *Proof-of-Stake (PoS)*: Fantom's consensus mechanism, allowing validators to stake FTM tokens and earn rewards. Market Performance - *Current Price*: $0.6966 (as of April 12, 2025) - *Market Capitalization*: $1.95 billion - *24-Hour Change*: +0.4610% - *7-Day Change*: -13.7195% Technical Analysis According to altFINS, FTM's price is in an uptrend, trading in a Rising Wedge pattern. Swing traders can consider entering near the wedge support level of $0.60, with a potential upside of +30% to $0.80. However, the pattern suggests a potential bearish reversal, and traders should wait for a completed pattern with a breakout. Recent News and Developments - *Sonic Launch*: Fantom's upcoming Sonic launch has generated buzz, with some investors anticipating a price surge. - *Partnerships*: Fantom has collaborated with various projects, including Atari Chain, which saw a 72% increase in its token value. - *DeFi Ecosystem*: Fantom's DeFi ecosystem is expanding, with several decentralized finance applications, including SushiSwap and Curve. Future Outlook Fantom's future looks promising, with potential drivers including: - *Increased Adoption*: Growing interest in Fantom's technology and ecosystem could drive adoption and increase the value of FTM. - *Innovative Technology*: Fantom's Lachesis Protocol and Opera Chain provide a solid foundation for fast and cost-efficient transactions. - *Strong Community*: A strong and active community can contribute to Fantom's growth and adoption. However, the cryptocurrency market is highly volatile, and FTM's price could fluctuate significantly. Investors should conduct thorough research and consider multiple factors before making investment decisions. Risks and Challenges - *Market Volatility*: Cryptocurrency prices can be highly volatile, and FTM is no exception. - *Competition*: The blockchain space is highly competitive, and Fantom faces competition from other projects. - *Regulatory Risks*: Changes in regulations or laws governing cryptocurrencies could impact FTM's adoption and value. Conclusion Fantom's innovative technology, growing adoption, and strong community make it an attractive option for investors. However, the cryptocurrency market is highly volatile, and investors should be cautious. By understanding Fantom's key features, market performance, and potential risks, investors can make informed decisions about their investment strategies.¹ ²

Fantom's influence in the cryptocurrency market stems from its unique features and technological advancements. Here are some key points to consider: Key Features of Fantom - *Fast and Scalable*: Fantom's blockchain platform is designed to provide fast and secure smart contract execution, making it an attractive solution for decentralized applications. - *Lachesis Consensus Mechanism*: Fantom's Lachesis consensus mechanism enables high throughput and rapid transaction finality, setting it apart from other blockchain platforms. - *Compatibility with Ethereum*: Fantom's compatibility with Ethereum makes it easier for developers to migrate their existing projects, increasing its adoption and potential for growth. Market Performance and Predictions - *Current Price*: Fantom's current price is around $0.70, with predictions for 2025 ranging from $1.40 to $3.72, depending on market conditions and technological advancements. - *Growth Potential*: Fantom's emphasis on scalability and its Directed Acyclic Graph (DAG) technology provide a unique value proposition, positioning it for potential growth in the cryptocurrency market. Factors Influencing Fantom's Price - *Technological Upgrades*: Fantom's forthcoming "Sonic" upgrade is expected to enhance scalability and efficiency, potentially driving growth and adoption. - *Regulatory Developments*: Changes in regulatory environments can impact Fantom's price, with clear guidelines potentially boosting its value and stricter policies potentially hindering its growth. - *Market Dynamics*: The interplay of demand and supply will be crucial in determining Fantom's price, with increased adoption and usage potentially driving up its value. Investment Strategies - *Long-term Approach*: Believers in Fantom's technological promise may consider holding onto the token, with potential for long-term growth. - *Short-term Strategies*: Traders may capitalize on Fantom's price volatility, using tools like stop-loss orders to manage risk effectively. - *Diversification*: Diversifying investments in Fantom and other cryptocurrencies can help mitigate potential losses and manage risk ¹.

$SONIC - Mcap 88.22M$ - 81%/ 5.1K votes Bullish SC02 M1 pending Long. Entry is within LVN + unaffected by any weak zones. Expected stop-loss around 1.40%. The uptrend is in its 93rd cycle with an increase range of 7.36%.