1. Target market capitalization

To reach $1, with about 2.88–3.2 billion pieces available in the market, the coin's market capitalization should be between $2.9 and $3.2 billion.

This requires more than 2.5x the current price.

2. Growth catalysts

Sonic Network relies on Proof of Stake (PoS), with rewards for developers ranging up to 90% of fees within the DeFi environment.

Similarly, the possibility of converting FTM holders to S at a 1:1 ratio within six months of launch (January 2025) indicates strong support from the Fantom community.

However, the coin is still not among the top 50 coins, ranking 69 on CMC and 90 on CoinGecko.

3. Risks and challenges

The current market is experiencing significant volatility and the coin may face selling pressure or slowed adoption.

Reaching $1 will require growth in usage, practical applications, wide adoption, and possibly a burn of supply, something that has not happened yet.

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✅ Summary

Reaching $1 is possible, but it requires significant inflows and a strategy based on expanding usage, partnerships, and strong technical support — something that is not available in the near term.

Currently, it appears to be a promising coin in terms of potential and technology, but it is still in the early growth stage and high volatility.

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💡 Practical recommendation

If you are betting on rapid growth, be prepared for high volatility and potential losses.

If you are looking for a long-term investment, keep track of technological developments, and see if there are projects relying on S.

For further follow-up: Would you like price alerts or to compare S with other coins like FTM or SOL?

$S

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