What is S Coin?
S Coin is the new token after Fantom's rebranding and upgrade, originally called FTM, officially changing to S Coin by the end of 2024 with a 1:1 swap. Fantom is a Layer-1 blockchain with great performance, extremely fast transactions (sub-second confirmations), very low gas fees, compatible with Ethereum, and can run various DeFi, NFT, and GameFi applications. After upgrading to Sonic, the network is stronger, aiming to attract more developers and expand the ecosystem.
How's it going now?
Where's the tech prowess?
Fast and cheap: Transactions confirm in seconds, gas fees are negligible, and playing DeFi and NFTs is a joy.
Ethereum's good buddy: Can run Ethereum's code directly, developers can get started quickly.
Cross-chain functionality: Comes with a cross-chain bridge, allowing asset swaps with Ethereum and other chains, maximizing liquidity.
New tricks: Launched a Meme season in 2024, spent quite a bit, and on-chain activity has been rising.
How's the market looking?
Price: After the rebranding, it dropped to around $0.3, warmed up at the beginning of 2025, fluctuating between $0.6-1.3.
Ecosystem: Locked value (TVL) exceeds $800 million, DeFi momentum is decent.
Community: Some people on X are saying it can multiply by 10 times, while others are worried about heavy selling pressure after the rebranding; it's a bit shaky in the short term.
Are there many competitors?
Sonic is competing with Solana, Avalanche, and Polygon. Compared to Solana, Sonic has lower fees; compared to Polygon, it is more independent. However, the ecosystem and number of developers still need to ramp up.
Team and community
The Fantom team is quite reliable; founder Ahn Byung Ik has a PhD and has been in blockchain for several years. COO Joseph Jang has a broad network and has facilitated many collaborations. The community heats up the atmosphere through activities like Meme seasons; S Coin can also vote to manage the network, making it quite decentralized.
What are the pitfalls?
Market: After the rebranding, everyone is a bit confused, the price may still fluctuate. If the overall market is in a bear phase, S Coin will also suffer.
Technology: Competition in Layer-1 is fierce; if the ecosystem doesn't grow quickly, it may fall behind. Cross-chain bridges sound good, but any loopholes could cause trouble.
Regulation: Global regulation of cryptocurrencies is tightening, DeFi and NFTs may face challenges.
Buy or not? How to buy?
How's the potential?
Short-term (3-6 months): Currently priced at $0.6-1.3, seems low; in a bull market, it could rise by 20%-50%, around $1.3 is not a dream.
Long-term (1-3 years): Solid technology, if the ecosystem heats up again, $3-5 is possible, and with some luck, it might reach $10.
What to do?
Rating: Worth a look, buy cautiously.
Who is it suitable for: Those who are not afraid of small losses and want to bet on Layer-1.
Strategies:
Buy in batches: Gradually pick up below $0.8 to avoid chasing highs.
Watch the dynamics: Observe the number of DApps, whether locked value is increasing, and how well the cross-chain bridge is being used.
Take profit and stop loss: In the short term, consider selling if it hits $1.3; if it drops below $0.5, exit; long-term target is $3-5.
How to allocate funds: Don't invest everything in S Coin; keep it at 5%-10% of your crypto assets, don't put all your eggs in one basket.
In summary
S Coin is technically strong, the ecosystem is taking off, can make small profits in the short term, and depends on luck in the long term. If you want to play, set a small target, take it easy, and don't go all in.
Disclaimer: Buddy, investing carries risks, and S Coin is not guaranteed to be a profitable trade. Weigh it yourself, don’t rush in just because I’m talking nonsense!
Note: Prices and TVL are snapshots from 2025; the market changes rapidly, and you should check for specifics yourself. $S
