Sonic
S#187Sonic is a fast EVM layer-1 blockchain, the successor of Fantom; S pays fees, is staked with validators and is used in governance.
- Market cap
- $110.06M
- Volume 24h
- $14.36M
- All-time high
- —
- Circulating supply
- 2.88B
Passes our 8 Shariah criteria. Needs caution: excessive uncertainty (gharar).
- 7 pass
- 1 caution
- 0 fail
Verdict history
- HalalCurrent
First publication
Fundamentals, market picture and news will appear here.
AI Insight
Fundamentals: Moderate
Sonic has working technology and a new management team that has stopped discretionary token issuance, but on-chain activity is small and the token is 96% below its high.
Reviewed every 3 months and on major eventsNews: Positive
Sonic’s new management cancelled all manual token mints, commissioned an independent supply audit and shipped the V2.2 network upgrade in September 2026.
Reviewed monthly and when something material happens- PositiveSonic cancels all manual S mints and commissions an independent supply audit; V2.2 goes liveOnly validator emissions continue, which removes the ability to expand supply at will; the audit report is expected within weeks.
- PositiveSonic V2.2 doubles smart contract size limitsLarger deployed contract and initialisation code limits give developers room for more complex applications.
- PositiveSonic V2.2 adds bundled transactions at protocol levelDependent on-chain actions can succeed or fail together, which simplifies multi-step applications.
Price & market
Section in preparation
AI-assisted analysis. Not investment advice.
Technical analysis
4HThe trend and key levels appear once 200 candles close. About 6 days to go.
Where it trades
Section in preparation
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