The price of Sonic (S) faced challenges in the first quarter of 2025. This article reviews the current performance and short-term predictions for Sonic.
Current Price Dynamics of Sonic
Sonic's price started 2025 with a record of $1.03, but has since shown a steady decline and is now trading around $0.40. The Q1 peak of about $0.75 failed to hold, and the price continues to fall, following a clear downward trend.
Fundamental Factors and Achievements of Sonic
Despite current challenges amid a general market decline, Sonic shows progress in its fundamentals. According to DeFiLlama, the total value locked (TVL) of Sonic has surpassed $1 billion, increasing over 21% in just a week. Additionally, the fee redistribution program that returns up to 90% of gas fees to developers contributes to the growth of the token’s ecosystem.
Price Predictions for Sonic in Q2 2025
Experts suggest several scenarios for Sonic in the second quarter of 2025. A pessimistic scenario indicates a decline toward $0.31-$0.36 if negative trends continue. A realistic scenario suggests a rebound to $0.45-$0.60 with market stabilization. An optimistic scenario indicates possible growth to $0.75-$0.95 if the market returns to bullish trends.
Thus, the key factors for Sonic (S) will be both external market conditions and internal factors, such as the success of the FeeM program and the expansion of the application ecosystem.