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Sonic

S#272 by market cap

Not covered. The criterion it missed: documentation found but no public code repository listed.

#79of 443 smart contract platformsthe typical one is worth $17.6M$3.2Kpaid in fees, 30 dayswhat people paid to use it#269of all coins by sizeworth $101.01M today47.01Kpeople keep it on a watchliston CoinGecko, a measure of attention

Sonic is for a platform other apps build on. We have not written its record yet, so its promises are not checked. It trades at $0.026, #269 of all coins by size, 97% below its highest ever price.

This week Nothing changed on its record.

A real job, real backing. No dated promises on its pages. Nothing dated ahead. #79 of 443 smart contract platforms. Nothing to be careful of on the record.

Is it real?

4 of 4tests passeda real job, real backing, something ahead, room to grow
1named backersGalaxy Digital
20 monthson the marketsince 4 January 2025
47.01Kpeople watch iton CoinGecko lists
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Passes all four

  • ✓A real-world jobReal-world purpose: a platform other apps build on
  • ✓Real backingBacking: backed by Galaxy Digital; trades on Coinbase, Crypto.com, Kraken
  • ✓Something aheadAhead: news this month about partnership, upgrade
  • ✓Room to growRoom: worth $101.01M, 96 times smaller than Monero, the biggest coin within reach doing the same thing (Smart Contract Platform)

Backed by Galaxy Digital

  • Origin4 January 2025about about 20 monthssoniclabs.com, Whitepaper
  • DevelopersNot namedNeither Wikidata nor its listing names the foundersNo public code repository listed
  • BackingGalaxy DigitalInvestor tags from CoinGeckoListed on Coinbase, Crypto.com, Kraken, Binance
  • Standing on the recordNo recordNo dated promise to judge yet11 headlines last month47,010 people keep it on a CoinGecko watchlistNo corrections needed so far
Why it is worth a look
  • Real-world purpose: a platform other apps build on
  • Backing: backed by Galaxy Digital; trades on Coinbase, Crypto.com, Kraken
  • Ahead: news this month about partnership, upgrade
  • Room: worth $101.01M, 96 times smaller than Monero, the biggest coin within reach doing the same thing (Smart Contract Platform)
The gap, and what to do

It is already worth more than the typical coin in Smart Contract Platform ($17.6M). To match the leader, Monero ($9.7B), its price would need to rise 9505%, to about $2.50.

Still to check

  • No dated promise on record yet, so delivery cannot be judged
  • Years younger than the group's leader

What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.

A gap is not a forecast. Most small coins never close it. The site never picks.

Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.

Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.

Does it deliver?

No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.

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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it

What is next, and when?

Nothing dated has been found on its pages, so there is no date to wait for yet.

How big is it next to its rivals?

#79of 443 smart contract platformsthe typical one is worth $17.6M
$101.01Mworth todayprice × coins out
$17.6Mthe typical rival is worthSmart Contract Platform
$9.7Bthe leader is worthMonero
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world

A platform other apps build on

453 coins tagged Smart Contract Platform, worth $723.36B together. #87 of 453 by worth.

Smart Contract Platform: this coin against its direct competitors

  • CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
  • Sonic$101.01Mthis coin−3.7%no maxno record
  • Monero$9.7B96.0× bigger, +$9.6B+0.5%, gap +4.2no max0 of 7 delivered
  • Cardano$7.66B75.8× bigger, +$7.56B−3.1%, gap +0.683% out0 of 4 delivered
  • Stellar$6.68B66.1× bigger, +$6.58B+3.8%, gap +7.5no max0 of 20 delivered
  • Bitcoin Cash$4.43B43.8× bigger, +$4.33B−0.8%, gap +2.896% outno record
  • Litecoin$4.08B40.4× bigger, +$3.98B−2.6%, gap +1.092% outno record
  • Canton$3.75B37.2× bigger, +$3.65B−0.7%, gap +3.0no maxno record
  • Gram (prev. Toncoin)$3.73B37.0× bigger, +$3.63B−0.8%, gap +2.9no maxnone dated
Same job, different how

Smart Contract Platform: this coin next to Monero, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.

Sonic says
Sonic is the highest-performing EVM L1, combining speed, incentives, and world-class infrastructure, powering the next generation of DeFi applications.
Monero says
Monero is a digital currency built to keep who sent money, who received it, and how much was sent hidden from public view.

Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.

What it is

Sonic is the highest-performing EVM L1, combining speed, incentives, and world-class infrastructure, powering the next generation of DeFi applications. The chain provides 400,000 TPS and sub-second finality.

Problem it says it solves: a platform other apps build on. 453 coins are working on it and together they are worth $723,359,964,122. This coin is 0% of that.

Where it trades: Coinbase, Crypto.com, Kraken, Binance, Binance US

Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.

Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.

What should make me careful?

Nothing printed today

None of the six tests fails. A missed promise counts only on a record a person has checked.

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Why is it this small?

Smart Contract Platform: this coin next to the group's largest, Monero.

SonicMonero
Years trading2 years12 years
Major exchanges92
Named backers11
Headlines, last month1188
Promises deliveredno record0 of 7

What it says is different: Sonic is the highest-performing EVM L1, combining speed, incentives, and world-class infrastructure, powering the next generation of DeFi applications. The chain provides 400,000 TPS and sub-second finality.

It is 1.0% the size of Monero. On the facts above it is behind on years trading, headlines, last month. For that gap to close, the record would need deliveries showing up in its record. Nothing here says it will; the site does not predict.

The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.

The homework: the coin itself, the news, the record

The coin itself

$0.026price of one−3.7% today
97%below its highest ever$1 on 4 January 2025
100%of the supply is out3.89B coins
$3.2Kpaid in fees, 30 dayswhat people paid to use it
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The last 7 days

7 days ago: $0.0298now: $0.026 (−12.7%)

Where today sits against its highest ever price

$0.026

Highest ever: $1.03 on 4 January 2025. Today is 3% of that.

100%

of all S that will ever exist is already out in public hands: 3.89B coins.

Nothing is held back. Every coin is already out.

out held back. Each dot is 1%.

Pays for every use of its network

Every transaction on its network pays a fee in it. That is the built-in reason anyone needs it.

  • Every transaction on its network pays a fee in it
$0.026price of one
×
3.89Bcoins out
=
$101.01Mworth today, #269 of all coins

That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.

Basics
  • 3.89Bin circulation of 3.89B total. No hard maximum is set, so more can be created.
  • 3%of its all-time high of $1.03 on 4 January 2025. That is −97.5% from the top.
  • #269by market cap, $101,006,144.
  • Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.

Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.

Real use, in dollars
  • $15.94M is locked in apps built on it right now
  • Users paid $3.2K in fees to use it in the last 30 days, $3.2K of that kept by the network

From DefiLlama, refreshed nightly. Fees are what people paid to use the thing; value locked is what they trust it to hold. Facts, not a score.

What the news says

11headlines, last monththat name this coin
0about governmentregulation, courts, central banks
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Headlines per day, last 30 days

11 headlines named this coin in the last month.

What they were about

  • Upgrade4
  • Partnership3
  • Price1
  • Stablecoin1
In the news
What people are talking about, last month:

11 headlines in the last month.

Headlines are the publishers' own. News is never placed next to price.

The record itself

Not covered. The criterion it missed: documentation found but no public code repository listed.

Pages savednot yetno roadmap page found
Promisesnone yetno record drafted
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy