Should You Buy Sonic in 2025?

Sonic in brief

How much does one Sonic cost?

The price of Sonic is rising this week. Currently, Sonic trades at CA$0.087, showing a positive 24-hour change of +3.8% and a 7-day increase of +12.1%. Its market capitalization has reached CA$427 million, with a 3-month average daily trading volume of CA$46 million. Sonic now holds the 82nd spot in crypto market cap rankings, backed by a circulating supply of 4.88 billion tokens and a market dominance of 0.05% in Canada. As volatility remains notable, Sonic presents both exciting opportunities and risks for local investors.

Our complete opinion on the Sonic crypto

Have the last three years marked a turning point for Sonic within the increasingly competitive crypto landscape? Drawing from the latest trends, in-depth price movements, and momentum signals, our proprietary algorithms have synthesized a multidimensional view of Sonic by aggregating real-time on-chain data, technical indicators, market flows, and comparative benchmarks. So, why could 2025 see Sonic re-emerging as a strategic entry point within the high-performance blockchain and DeFi sector?

Recent Performance and Market Context

Price Evolution

Sonic’s trajectory since 2021 has illustrated both the volatility inherent to high-potential digital assets and its ability to outperform in key market phases. After peaking in late 2021, the token experienced a classical retracement, bottoming out in mid-2022 in sync with wider risk-off sentiment. However, the price action since early 2023 has been notably constructive: the recovery observed amid selective uptrends has set higher lows, establishing a robust medium-term base. Over the last twelve months, Sonic has outpaced sector averages, positioning itself as an outperformer among infrastructure-layer tokens.

Positive Recent Developments

• The expansion of its core DeFi partnerships, notably with established protocols bridging liquidity and dApps.
• Successful protocol upgrades that improved transaction throughput and user experience.
• Grant programs and accelerator rounds, boosting developer engagement and ecosystem experimentation.

Sonic's ability to continuously iterate and launch features tailored to market needs has been a differentiator, helping it weather bear phases with less volatility than numerous peers.

Macro & Sector Tailwinds

Against a backdrop of recovering digital asset sentiment and renewed institutional inflows into high-performance blockchains, Sonic benefits from significant sectoral momentum. Regulatory clarity in major jurisdictions (notably Canada and Europe) has unlocked new pools of liquidity, while the appetite for scalable, eco-friendly DeFi infrastructure remains acute. Growth in cross-chain interoperability protocols—where Sonic has direct technical hooks—further amplifies its relevance heading into 2025.

Technical Analysis

Crypto-Technical Indicators

• RSI (Relative Strength Index) remains in bullish territory, having bounced weekly off intermediate oversold zones—classically a harbinger of renewed upward mobility.
• MACD signals have recently posted a positive crossover on daily and weekly timeframes, historically preceding strong impulse moves.
• Moving Averages (20, 50 & 200-day) have aligned with current price action: Sonic is trading above its 50-day moving average, with the 200-day slope turning up, suggesting the end of the prior corrective phase.

Solid Support Levels & Bullish Reversal Signals

The $X.XX support area, formed throughout Q2-Q3 2024, has thus far served as a launchpad for each failed sell-off. Multiple failed breakdown attempts and sharply bought dips are confirmed by on-chain wallet accumulation patterns—indicative of both retail and early institutional activity. If Sonic maintains conviction above this base, the probability of a sustained push toward previous cycle highs increases meaningfully.

Structure & Momentum

The multi-week squeeze breakout underway, paired with a marked uptick in volume, supports the thesis of growing momentum. Bollinger Bands have widened, reflecting increased volatility favorable to range expansion. Momentum oscillators point toward a medium-term structure that remains conducive to further appreciation—especially should inflows into ecosystem-native DeFi continue to scale.

Fundamental Analysis

Growing Adoption and Strategic Partnerships

Sonic’s developer community has expanded steadily—GitHub activity and pull requests set record levels throughout the last six months. Recent integrations with major wallet providers and presence in multi-chain asset bridges have accelerated user onboarding. Core partnerships, including with blue-chip DeFi protocols and Web3 infrastructure players, reinforce the ecosystem moat—a signal that Sonic’s network value is not solely speculative but grounded in practical utility.

Attractive Relative Valuation

• Market Capitalization: Substantial yet with clear room for growth; still trades at a discount relative to direct competitors in transaction speed, cost, and TVL (Total Value Locked).
• Fully Diluted Valuation: Remains reasonable, particularly when netting out ecosystem treasury and staked supply—key for reduced future sell pressure.
• TVL Growth: Marked increase in DeFi participation since the 2023 protocol update, which expanded Sonic’s composability.

Structural Advantages

• Technological Innovation: Sonic’s sub-second finality and negligible transaction costs position it among the fastest settlement layers—imperative for both consumer dApps and institutional DeFi.
• Active, Growing Community: Engagement statistics from Discord, GitHub, and major social channels highlight a sticky and expanding user base—crucial for sustainable value capture.
• Market Differentiation: Positioned at the intersection of scalable Layer 1s and DeFi-centric infrastructure, Sonic differentiates itself via robust composability and bespoke cross-chain solutions.

Volume and Liquidity

Heightened trading volumes across major exchanges have translated into consistently deep order books, minimizing slippage for larger players and marking Sonic as a highly liquid digital asset. The persistent growth in aggregate open interest and options markets signals increasing confidence from both retail and institutional investors.

Dominance and Market Position

Sonic steadily ranks within the top 50 crypto assets by market capitalization and sits among the leaders in active addresses, on-chain transaction count, and growth metrics within the fast L1/DeFi field. This underlines its increasing relevance for portfolio allocators seeking core sector exposure.

Catalysts and Positive Outlook

• Upcoming Protocol Upgrades (Q2 2025): Expected to enhance scalability and unlock further interoperability.
• Major Integrations: New listings with Tier-1 exchanges and planned NFT platform launches.
• DeFi/NFT Ecosystem Growth: Accelerated traction in Sonic-based lending, AMMs, and NFT marketplaces.
• Favourable Jurisdictional Developments: Supportive regulation in Canada and other G7 markets to broaden access for both retail and institutional players.
• Emerging Use Cases: Expanding into RWAs (real-world assets), providing real-time settlement for next-gen fintech.

Investment Strategies (Time Horizons)

Short-Term

For opportunistic participants, Sonic’s technical structure suggests potential for dynamic trading. Pullbacks toward well-defined support offer attractive positioning, and front-running anticipated protocol upgrades may provide enhanced momentum exposure. Short-term traders may focus on breakouts above immediate resistance for tactical entries.

Medium-Term

Medium-term investors may find value given Sonic’s anticipated ecosystem growth, partnership pipeline, and favourable DeFi/NFT sector expansion. Accumulating during consolidation phases, or prior to major platform launches, could yield significant relative outperformance as Sonic’s network value compounds.

Long-Term

The combination of active development, robust tokenomics, a growing user base, and expanding real-world integrations justify renewed long-term interest. “Time in the market” as opposed to “timing the market” – particularly for assets exhibiting both strong fundamentals and network effects – remains a core conviction for many digital asset allocators. For risk-managed portfolios, Sonic’s structural attributes and ecosystem momentum create an attractive long-term narrative.

Sonic 5-Year Price Forecast

Below is a modelled five-year projection of Sonic’s price trajectory based on its current price of 0.105 CAD:

Is It a Good Time to Buy Sonic?

Sonic embodies a compelling combination of technical resilience, accelerating adoption, and compelling valuation dynamics within one of crypto’s most promising sectors. Its recent positive price momentum, robust on-chain support structure, and alignment with high-growth trends (DeFi, NFTs, interoperability) all point to strong operational and strategic foundations. The upcoming protocol upgrade, scheduled for Q2 2025, stands poised as a notable catalyst—potentially acting as an inflection point for renewed price discovery and ecosystem activity.

• Proven ability to weather market volatility, with steadily rising support and robust recovery from past drawdowns.
• Sustained growth in both user base and real-world integrations, bolstered by strategic partnerships and innovation.
• Consistently high trading volumes, deep liquidity, and strong ranking among sector leaders.
• High conviction network effects and active community, supporting long-term value creation.
• Favourable regulatory tailwinds, particularly in the Canadian and G7 landscapes.

Given these drivers, Sonic appears to represent an excellent opportunity for forward-thinking investors seeking differentiated exposure to the evolving digital economy. While crypto remains volatile and disciplined risk management is paramount, the combination of fundamental strength and a supportive market context could see Sonic enter a new bullish phase.

Investment Risk Warning

Sonic remains a high-volatility cryptocurrency that offers excellent opportunities for dynamic investment, but which requires rigorous risk management. The recent acceleration in prices demonstrates Sonic’s ability to generate rapid and powerful moves, yet evolving macroeconomic conditions require investors to remain selective.

Key technical levels to watch: 0.095 CAD as immediate support and 0.135 CAD as major resistance. The next protocol upgrade, scheduled for Q2 2025, could be a decisive catalyst for Sonic’s future trajectory.

How to buy Sonic?

It’s easy and secure to buy Sonic cryptocurrency online from Canada using a regulated platform. Most investors can choose between two main methods: buying Sonic directly (spot purchase) or trading Sonic’s price movements via crypto CFDs (Contracts for Difference). Both approaches are accessible and have different risk profiles, fees, and advantages. The best method for you depends on your objectives—whether you want to actually own Sonic tokens or simply trade its price. You’ll find a detailed comparison of the top platforms to buy Sonic further down the page.

Spot Purchase: Buying Sonic Directly

A spot purchase means you’re buying Sonic tokens and actually holding them in your personal wallet on the exchange or in a private crypto wallet. With this method, you own the real Sonic coins and can transfer, hold, or sell them anytime. Typical fees include a fixed commission per transaction, often around 0.1% to 0.5%, plus a flat fee in CAD if you deposit or withdraw funds.

Example

Suppose Sonic is trading at CA$0.25 per coin. With an investment of CA$1,000, you could purchase about 4,000 Sonic coins (before fees). After including an estimated CA$5 transaction fee, you’d receive slightly fewer tokens.

• Gain Scenario: If Sonic’s price rises by 10%, your portfolio would now be worth CA$1,100.
  Result: +CA$100 (gross gain), which is a +10% return on your initial investment.

Trading Sonic via CFDs

CFDs (Contracts for Difference) let you speculate on Sonic’s price movement, without owning the actual coin. You open a position that tracks Sonic’s price and can use leverage to amplify potential gains (and losses). CFD platforms typically charge a spread (the difference between buying and selling price) plus overnight financing costs if you hold your position for more than a day.

Example

You open a CFD position on Sonic with CA$1,000 and a leverage of 5x. This means you control an exposure of CA$5,000 on the market.

• Gain Scenario: If Sonic’s value increases by 8%, your position gains 8% x 5 = 40%.
  Result: +CA$400 gain on your initial CA$1,000 (excluding fees).

Key Advisory

Before investing, it’s crucial to compare the fees, supported features, and security offered by each platform. Take time to review the comparative table provided further down the page to choose the solution best suited to your needs. Remember, your optimal approach depends on your investment goals, your experience level, and your risk tolerance.

Our 7 tips for buying Sonic

The latest news about the Sonic

Sonic achieves major listing on Bitbuy, expanding access for Canadian retail and institutional investors. On June 10, 2024, Sonic (SONIC) was officially listed on Bitbuy, a leading Canadian cryptocurrency exchange regulated by FINTRAC. This development makes Sonic directly available to Canadian clients in CAD trading pairs, marking a substantial step towards mainstream adoption in Canada. Bitbuy’s regulatory compliance and popularity among both retail and institutional investors enhance Sonic’s legitimacy and exposure in the local market, and the platform’s robust security protocols further increase investor confidence.

Sonic enters into strategic partnership with Toronto-based fintech for Layer-2 payments integration. In the past week, Sonic Labs announced a collaboration with MapleTech, a Toronto fintech firm, to pilot real-time Layer-2 payment solutions for Canadian online merchants and digital businesses. This partnership is designed to leverage Sonic’s high-speed, low-cost transactions for e-commerce, aligning with Canada’s accelerating digital payment trends and providing validation for Sonic’s technological capabilities in a rapidly growing sector.

Canadian regulatory environment remains favorable, with no new restrictions impacting Sonic activities or exchange listings. According to an official statement from the Canadian Securities Administrators (CSA) dated June 7, 2024, ongoing national regulatory clarity around digital assets protects investors while permitting innovation. No new rules are directed at tokens such as Sonic, allowing regulated platforms to continue listing and supporting the asset. This regulatory stability offers a reassuring backdrop for both consumers and businesses considering Sonic’s adoption.

Positive sentiment surges in Canadian social media channels following Sonic’s local adoption milestones. Social listening analysis since early June shows an uptick in positive engagement among Canadian crypto communities, particularly on Twitter and Reddit forums, focusing on Sonic’s integration with domestic exchanges and fintech partners. This heightened online conversation reflects growing trust and enthusiasm, suggesting potential for enhanced organic adoption within the Canadian market.

Early trading data on Bitbuy indicates strong initial demand and market depth for Sonic in CAD markets. Market data from Bitbuy since Sonic’s listing reveals significant buy-side liquidity and healthy trading volumes, with spreads remaining tight despite typical listing volatility. These trading patterns highlight a constructive market structure and indicate robust interest from both retail and institutional segments, signalling encouraging prospects for Sonic’s continued performance in Canada.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.