Recently, I’ve seen quite a few tweets about Sonic, indicating that the Sonic ecosystem is still quite active, and naturally, there are many opportunities.

Sonic (formerly known as Fantom) is a well-established Layer 1 public chain project that became the focus of the market during the last bull market due to its high performance and innovation.

Now, Sonic makes a strong comeback with a brand new brand and technological upgrades, and has launched a very large-scale long-term Airdrop plan. @SonicLabs

Some friends might be worried about whether this large-scale Airdrop will affect $S the coin price impact, let’s briefly analyze it here:

1. Sell pressure is controllable: market impact can be quantified.

In the first quarter, a total of 47.625 million $S tokens were released through the Airdrop, accounting for only 1.5% of the total supply, and Sonic’s burning mechanism along with the fNFT market further weakened sell pressure.

Fantom (the predecessor of Sonic) has an average daily trading volume of about 250 million dollars. Even if the initial Airdrop sell-off accounts for 10% of the trading volume, the average selling pressure is only about 25 million dollars, which is far below the market’s digestion capacity.

2. Ecological explosion: intrinsic strong support

Sonic’s TVL has surged from $26 million at the beginning of 2024 to $1 billion (May 2025), further solidifying Sonic’s position as a DeFi hub with the onboarding of top DeFi protocols such as Aave, Silo, Euler, and Shadow.

The FeeM model of Sonic (returning 90% of network fees to developers) disrupts the traditional revenue distribution of Layer-1, similar to the incentive mechanism of Airbnb for hosts. This model has attracted a large number of dApp developers.

The outbreak of the ecosystem will bring $SCreate sustained demand (such as transaction fees, staking, governance) to support the long-term rise in coin prices.

3. Differentiated competition in the Layer 1 track

Sonic’s SonicVM and sub-second determinism are unique in EVM-compatible chains.

Compared to Solana (non-EVM, steep learning curve for developers) and Arbitrum (slightly lower performance), Sonic finds a balance between performance and compatibility.

The rebranding of Sonic (from Fantom to Sonic) is not just a name change, but a strategic upgrade.

Referring to Polygon’s 30% increase in market capitalization after its MATIC to POL upgrade, Sonic’s repositioning triggers a market revaluation.

Summarize it.

Overall, the airdrop selling pressure is limited, and the price movement of $S may show a “first suppress then rise” trend in the early stage of the airdrop.

A short-term correction (5-10%) is expected, after which ecological growth and market narratives will drive the price into an upward channel.

The Sonic ecosystem is relatively active, and there are opportunities for airdrops, making it worth long-term attention.

Statement:

1. This article is reprinted from [[](https://x.com/yuexiaoyu111/status/1927967295600742853)[yuexiaoyu111](https://x.com/yuexiaoyu111)\] The copyright belongs to the original author [Yue Xiaoyu] If there are any objections to the reprint, please contact Gate Learn TeamThe team will process it as soon as possible according to the relevant procedures.
2. Disclaimer: The views and opinions expressed in this article are solely those of the author and do not constitute any investment advice.
3. Other language versions of the article are translated by the Gate Learn team, unless otherwise mentioned.GateUnder such circumstances, reproduction, dissemination, or plagiarism of translated articles is not permitted.