Bubble
Sonic S
Sonic (S) was trading at $0.0271, ranked #253 by market cap at $105.22M, with 24h volume of $16.24M.
Data snapshot: 2026-09-02 12:15 UTC.
Sonic is the 2025 relaunch of Fantom by the same core team, rebuilt around a new database and virtual machine aimed at sub-second finality. Its most distinctive economic feature is fee monetisation: developers earn a share of the gas their applications generate, turning transaction fees into a revenue line for builders rather than only for validators. Sonic is the successor network to Fantom, rebuilt by the same core team with a new execution client and database layer aimed at much higher throughput and near-instant finality. It keeps Ethereum compatibility and introduced a fee model that returns part of transaction fees to the developers of the contracts generating them — an attempt to fund applications directly rather than relying on grants. On a market map it trades as a mid-cap Layer 1; its history as a rebuild of an established chain means its holder base is older than the network itself.
What is Sonic's relationship to Fantom?
Sonic is the successor network built by the same core team, with a rewritten execution and storage layer. The predecessor chain's ecosystem and holders carried over.
What is fee monetisation?
A share of the transaction fees generated by a contract is paid to that contract's developer, so building a popular application produces direct revenue rather than requiring separate funding.
Is Sonic Ethereum-compatible?
Yes. Contracts and tooling written for Ethereum can be deployed with minimal changes.
What is S used for?
It pays transaction fees, is staked to secure the network, and is used in governance.
Market cap decides how big a bubble is drawn, so rank is what places S on the map relative to the rest of its sector.
| Rank | Coin | Market cap |
|---|---|---|
| #220 | MultiversX (EGLD) | $130.62M |
| #225 | Vaulta (A) | $127.82M |
| #253 | Sonic (S) | $105.22M |
| #287 | Mina Protocol (MINA) | $90.57M |
| #315 | DigiByte (DGB) | $79.18M |