Explosive Meme Coin Surge: Could Sonic Rival Solana’s Meteoric Rise?
While most crypto traders were busy chasing the next Bitcoin pump, Sonic quietly transformed from its Fantom origins into a meme coin powerhouse. The December 2024 rebrand from Fantom (FTM) to Sonic (S) sparked a stunning 97% price surge in just two weeks. By February 20, 2025, Sonic hit $0.7731 with a market cap of $2.45 billion. Not bad for the new kid on the block.
While everyone chased Bitcoin, Sonic quietly exploded after rebranding from Fantom, surging 97% in just two weeks.
The numbers don’t lie. Sonic’s ecosystem exploded from a measly $27 million TVL on January 1 to a whopping $611 million. That’s a 206% increase in just 30 days. With 75 DeFi applications now running on the platform, Sonic has left Cardano and Mantle in the dust.
Tech-wise, Sonic isn’t messing around. It processes over 10,000 transactions per second with sub-second finality. Compare that to Ethereum’s pathetic 16 TPS or even Solana’s respectable 850 TPS. On January 13, 2025, the network handled 975,252 transactions in a single day. Unlike traditional markets, Sonic’s 24/7 trading capability ensures continuous transaction processing without interruption. Impressive.
DEX activity tells the real story. Total volume exceeded $1 billion less than two months after launch. Weekly DEX volume jumped 84% to $501 million. Shadow, WAGMI, and Woofie lead the pack of exchanges fueling this growth.
But the real fireworks? Meme coins. BRUTO and CYBERTRUMP skyrocketed 1400% and 5300% in just 24 hours. At least ten other Sonic-based meme coins posted triple-digit gains. Sound familiar? It’s exactly what happened during Solana’s rise to prominence.
The technical picture suggests more gains ahead. A classic cup and handle pattern points to a $1.30 target—50% above current levels. Sure, the RSI sits at an overbought 76.38, but the MACD remains firmly bullish. The surge continues with the price up over 20% in 24 hours, reaching strong buying pressure despite approaching potentially overbought conditions.
Sonic Labs is throwing money at developers, and their Meme Mania feature makes launching tokens ridiculously easy. The platform’s technological upgrades, particularly the FVM improvements, have increased transaction speed by 8.1 times while reducing storage requirements by 98%. No wonder the ecosystem is booming. The question isn’t if Sonic will challenge Solana—it’s when.
