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Sonic SVM

Sonic SVM

$0.0219

-3.0%(24h)
  • Today

    -3.0%

  • 30 Days

    3.9%

  • Price Change (24h)

    -$0.000683

Trend Overview

Period:

Price of Sonic SVM Today

The live price of Sonic SVM is $0.0219 per SONIC/USD, -3.02% in the last 24 hours. It has a market cap of $16.62M and $193.00K in trading volume over the same period. Prices are averaged across every exchange we track and update continuously. SONIC has a circulating supply of 754.77M.

Current price

$0.0219

24h high

$0.0229

24h low

$0.0217

24h

-3.02%

7d

-15.36%

30d change

+3.87%

SONIC Market Stats

Rank

#1403

By market cap

Market Cap

$16.62M

24h Volume

$193.00K

Across 7 exchanges

FDV

$52.61M

If all tokens were issued

Circulating Supply

754.77M SONIC

31.4% of max supply issued

Total Supply

2.4B SONIC

Max Supply

2.4B SONIC

Listed on

7 exchanges

Where to buy Sonic SVM

Sonic SVM is available on 6 exchanges. Prices shown are live.

ExchangePairVolumeTrade
MEXCSONICUSDT$53.74KBuy SONIC on MEXC
OKXSONIC-USDT$51.51KBuy SONIC on OKX
LBanksonic_usdt$42.88KBuy SONIC on LBank
BybitSONICUSDT$26.07KBuy SONIC on Bybit
BitgetSONICUSDT$4.95KBuy SONIC on Bitget
GateSONIC_USDT$3.63KBuy SONIC on Gate

Price: $0.0219 — Price Source: 7 exchanges

We may earn a commission when you sign up through these links. This never affects the prices shown.

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What is Sonic SVM?

Sonic SVM is a blockchain network extension built on Solana, designed specifically for gaming and consumer applications. It is the first SVM (Solana Virtual Machine) network extension to launch on Solana, utilizing a framework called Sonic HyperGrid to orchestrate optimistic rollups. The project aims to address challenges such as high transaction costs, network congestion, and a lack of gaming-focused infrastructure on Solana.

The platform has established partnerships with over 20 ecosystem projects, including Backpack, OKX Wallet, and Metaplex, and has signed contracts with more than 10 gaming studios. Sonic is currently in its testnet phase, with plans for mainnet deployment in early 2025. The technology is reported to reduce costs by up to 100 times while supporting horizontal scaling and fast transaction speeds for gaming applications.

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Sonic reports significant user engagement, including 550,000 KYC-verified TikTok users, 40 million in total value locked across liquidity pools, and over 3 billion transactions processed. Revenue is generated through gaming transactions, validator staking rewards, and asset trading fees. The project targets gamers, developers, and blockchain enthusiasts, aiming to expand Solana’s ecosystem into new domains through its scaling framework.

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