#SONIC ⚡️ Sonic (
$S ): Between institutional breakthrough and market "bottom"
Sonic now resembles a compressed spring. On the one hand - ambitious plans to conquer the USA, on the other - the harsh reality of crypto winter. Let's figure out if there are any chances for a "homegrown" one.
🏛 1. Bet on institutionals and ETFs
Sonic Labs received the "green light" (99.99% of votes!) for expansion in the USA.
• Plan: Allocate up to $50 million in
$S tokens for a potential ETF and $100 million for initiatives on NASDAQ.
• Fuse: The team is playing it safe - tokens for ETFs will be issued only when the price of
$S > $0.5. This is a cool signal that the developers are not going to "dump" for pennies.
💵 2. Secret Weapon: USSD Stablecoin
Launching your own USSD stablecoin (backed 1:1 by US bonds) is not just about liquidity.
• Combined with the FeeM model, the network burns 50% to 90% of fees.
• Conclusion: More network activity = fewer S tokens in circulation. Deflation is in full swing.
📊 3. Technical Status: Oversold or Depressed?
• RSI (7d): 30.91. The token is officially "oversold".
• Price: Trapped in the range of $0.0386 - $0.0517.
• Risks: TVL has fallen by 97% from its peak. The network is critically short of "live" users and transactions.
🤔 Will USSD save the day?
On paper, yes. If USSD becomes a popular tool for farming or payments, the burn mechanism will start to "eat" the supply of S tokens. But for this, Sonic needs to offer something unique, beyond just "technological" to return the TVL.
⚠️ Conclusion: S is now a venture bet. If institutional plans burn out and USSD starts the deflationary machine, current prices will seem ridiculous. If activity does not return, we will continue to "pickle" at the bottom.