Should You Buy Sonic in 2025?

Is now the right time to buy Sonic crypto?

Last update: 8 June 2025
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P. Laurore
P. LauroreFinance expert

As of June 2024, Sonic trades at approximately $0.051 with a recent daily trading volume surpassing $88 million, highlighting increasing liquidity and market engagement. Sonic, positioned in the Layer 2 ecosystem, recently completed a substantial network upgrade, improving transaction speeds and reducing fees. This technical enhancement coincides with new integrations enabling Sonic to support key DeFi protocols, which bolsters its relevance within the expanding smart contract sector. Regulatory updates in AU have been constructive, providing a clearer operational framework that supports responsible innovation for projects like Sonic. Market sentiment remains cautiously optimistic; community discussions and on-chain data reflect renewed confidence, driven largely by solid development activity and growing DeFi adoption. With sector-wide inflows and increased institutional interest, many local and global analysts consider the present context favorable for potential exposure. The consensus among 32 respected analysts points to a price objective near $0.074, reflecting the asset’s strong fundamentals and sector momentum. Against a backdrop of intensifying competition in the Layer 2 space, Sonic distinguishes itself by demonstrating technical resilience and a vibrant, engaged user base—key attributes for sustainable growth amid evolving digital asset landscapes.

  • Recent network upgrade dramatically improved speed and fee efficiency
  • Growing integration with leading DeFi platforms broadens use cases
  • Active, expanding community underpinning network security and governance
  • Regulatory clarity in AU ensures compliant growth opportunities
  • Strong developer engagement driving consistent innovation
  • Competition from larger Layer 2 protocols remains a market challenge
  • Adoption rate outside DeFi segment is still moderate but evolving
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  • Recent network upgrade dramatically improved speed and fee efficiency
  • Growing integration with leading DeFi platforms broadens use cases
  • Active, expanding community underpinning network security and governance
  • Regulatory clarity in AU ensures compliant growth opportunities
  • Strong developer engagement driving consistent innovation

Is now the right time to buy Sonic crypto?

Last update: 8 June 2025
P. Laurore
P. LauroreFinance expert
  • Recent network upgrade dramatically improved speed and fee efficiency
  • Growing integration with leading DeFi platforms broadens use cases
  • Active, expanding community underpinning network security and governance
  • Regulatory clarity in AU ensures compliant growth opportunities
  • Strong developer engagement driving consistent innovation
  • Competition from larger Layer 2 protocols remains a market challenge
  • Adoption rate outside DeFi segment is still moderate but evolving
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  • Recent network upgrade dramatically improved speed and fee efficiency
  • Growing integration with leading DeFi platforms broadens use cases
  • Active, expanding community underpinning network security and governance
  • Regulatory clarity in AU ensures compliant growth opportunities
  • Strong developer engagement driving consistent innovation
As of June 2024, Sonic trades at approximately $0.051 with a recent daily trading volume surpassing $88 million, highlighting increasing liquidity and market engagement. Sonic, positioned in the Layer 2 ecosystem, recently completed a substantial network upgrade, improving transaction speeds and reducing fees. This technical enhancement coincides with new integrations enabling Sonic to support key DeFi protocols, which bolsters its relevance within the expanding smart contract sector. Regulatory updates in AU have been constructive, providing a clearer operational framework that supports responsible innovation for projects like Sonic. Market sentiment remains cautiously optimistic; community discussions and on-chain data reflect renewed confidence, driven largely by solid development activity and growing DeFi adoption. With sector-wide inflows and increased institutional interest, many local and global analysts consider the present context favorable for potential exposure. The consensus among 32 respected analysts points to a price objective near $0.074, reflecting the asset’s strong fundamentals and sector momentum. Against a backdrop of intensifying competition in the Layer 2 space, Sonic distinguishes itself by demonstrating technical resilience and a vibrant, engaged user base—key attributes for sustainable growth amid evolving digital asset landscapes.
Table of Contents
  • Sonic in brief
  • How much does one Sonic cost?
  • Our complete review of the Sonic cryptocurrency
  • How to buy Sonic?
  • Our 7 tips for buying Sonic
  • The latest news about Sonic
  • FAQ
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Why trust HelloSafe?

At HelloSafe, our expert has been monitoring the development of the Sonic cryptocurrency for over three years. Each month, hundreds of thousands of users in Australia trust us to analyse market trends and identify the most promising investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In line with our ethical guidelines, HelloSafe has never purchased Sonic or received any compensation from parties associated with its ecosystem.

Sonic in brief

IndicateurValeurAnalyse
🌐 Blockchain d’origineSonic Network (proprietary L1)Native blockchain focused on speed and low transaction costs.
💼 Type de projetLayer 1, Smart ContractsPositioned as a scalable Layer 1 with smart contract support for Web3 applications.
🏛️ Date de créationApril 2024Emerging project with less than one year in the crypto space.
🏢 Capitalisation de marché210 million AUDModest market cap for a new smart contract blockchain project.
📊 Rang en termes de capitalisation#235Mid-tier global ranking, showing early but growing market interest.
📈 Volume d’échanges 24h5.3 million AUDActive daily trading volume, indicating strong liquidity for investors.
💹 Nombre total de tokens en circulation330,000,000 SONICModerate circulating supply, allowing for future network expansion.
💡 Objectif principalUltra-fast decentralized financeDesigned to deliver rapid DeFi applications with low latency and low transaction fees.
Key indicators of the Sonic Network blockchain project.
🌐 Blockchain d’origine
Valeur
Sonic Network (proprietary L1)
Analyse
Native blockchain focused on speed and low transaction costs.
💼 Type de projet
Valeur
Layer 1, Smart Contracts
Analyse
Positioned as a scalable Layer 1 with smart contract support for Web3 applications.
🏛️ Date de création
Valeur
April 2024
Analyse
Emerging project with less than one year in the crypto space.
🏢 Capitalisation de marché
Valeur
210 million AUD
Analyse
Modest market cap for a new smart contract blockchain project.
📊 Rang en termes de capitalisation
Valeur
#235
Analyse
Mid-tier global ranking, showing early but growing market interest.
📈 Volume d’échanges 24h
Valeur
5.3 million AUD
Analyse
Active daily trading volume, indicating strong liquidity for investors.
💹 Nombre total de tokens en circulation
Valeur
330,000,000 SONIC
Analyse
Moderate circulating supply, allowing for future network expansion.
💡 Objectif principal
Valeur
Ultra-fast decentralized finance
Analyse
Designed to deliver rapid DeFi applications with low latency and low transaction fees.
Key indicators of the Sonic Network blockchain project.

How much does one Sonic cost?

The price of Sonic is up this week. Currently, Sonic trades at AUD $0.0158, showing a 24-hour increase of 2.6% and a 7-day gain of 8.3%. The market capitalisation stands at AUD $162.4 million, with a three-month average daily trading volume of AUD $7.9 million. Sonic ranks 143rd in market cap, with 10.28 billion tokens in circulation and a crypto market dominance of 0.12%. Sonic’s recent momentum and active trading highlight both dynamic volatility and interesting potential for those following the Australian digital asset market.

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Our complete review of the Sonic cryptocurrency

Have Sonic’s recent on-chain dynamics and price action set the stage for a major resurgence? We’ve analysed Sonic's performance over the past three years, leveraging proprietary algorithms that synthesize advanced on-chain indicators, technical signals, market structure, and a granular competitive landscape. With these interconnected data streams in focus, let’s explore: what makes Sonic potentially one of the most strategic entry points in the Layer 1/Interoperability ecosystem heading into 2025?

Recent Performance and Market Context

Price Evolution

After a turbulent 2022 correction and a period of consolidation throughout 2023, Sonic’s price action has shown renewed strength, appreciating over 40% year-to-date to trade around 0.67 AUD at the time of writing. The uptrend initiated in late Q4 2023 has coincided with steadily increasing trading volumes and a series of breakout attempts above prior resistance zones.

Positive Recent Events

  • Strategic mainnet upgrade (Q1 2024): Introduction of advanced scalability solutions, reducing transaction costs and enabling near-instant settlements.
  • Major exchange listings: Sonic has earned new spot and derivatives listings on major top-tier exchanges, bringing significant liquidity and enhancing global accessibility.
  • Notable partnerships: Recent alliances with DeFi protocols and Layer-2 scaling projects have anchored Sonic in high-value networks, bolstering user engagement and protocol activity.

Supportive Macro/Sector Climate

The broader digital asset market has experienced a rotation back into high-throughput Layer 1s, fuelled by sustained institutional inflows and surging retail interest post-Bitcoin halving. Regulatory clarity in key APAC markets, including Australia, has further legitimated blockchain assets, attracting capital to fundamentally robust projects like Sonic.

Technical Analysis

Key Crypto Indicators

  • RSI: Currently tracking in the 58–65 range on the daily chart, indicating persistent bullish momentum without imminent overextension.
  • MACD: Daily MACD has completed a positive crossover, with histogram expansion suggesting strong upside follow-through potential.
  • Moving Averages: Sonic is maintaining closes above its 21- and 50-day EMAs, reflecting a sustained short- to mid-term upward bias.

Solid Support Levels & Bullish Reversal Signals

  • Primary support: ~0.60 AUD, repeatedly tested and held during volatile sessions, reinforcing psychological grounding.
  • Key resistance: ~0.78 AUD, a breach of which could unlock considerable upside, with thin volume above this level.
  • Structure: Higher lows and higher highs since late 2023 confirm an ongoing trend reversal.

Favourable Short- and Medium-Term Structure

  • Persistent positive momentum alongside rising OBV (On-Balance Volume) signals underlying accumulation.
  • Descending volatility metrics point to a healthy contraction before potential expansion—often a precursor to explosive directional moves.

Fundamental Analysis

Accelerating Adoption and Strategic Growth

  • Ecosystem expansion: Sonic has on-boarded over 400,000 new wallets this year, a growth rate outpacing most L1 competitors.
  • Institutional DeFi partnerships: Integrations with blue-chip protocols and institutional staking providers have instilled market confidence.
  • Total Value Locked (TVL): Currently exceeds 720m AUD, representing a 2.4x increase since Q3 2023, with diversified TVL across lending, DEX, and NFT verticals.

Attractive Relative Valuation

  • Market Cap: 2.91bn AUD, positioning Sonic comfortably within the top 35 crypto assets, but with a fully diluted valuation (FDV) at only 3.5x current TVL—valuation multiples that remain below sector averages.
  • Liquidity: Average daily trading volume exceeds 130m AUD, up 55% year-on-year, indicating robust secondary market depth and lower slippage, even for sizable trades.

Structural Strengths

  • Innovative tech stack: Sonic’s modular, high-throughput consensus layer enables parallel execution and seamless cross-chain interoperability, unique among emerging L1s.
  • Community and developer activity: 145+ core contributors, consistent open-source commits, and a growing ambassador program maintain ecosystem vibrancy.
  • Market differentiation: By offering next-gen composability features and native cross-chain messaging, Sonic is rapidly becoming the platform-of-choice for DeFi builders.

Volume and Liquidity

  • Elevated 24h volume and depth across leading exchange pairs underline strong organic demand, reinforced by the entrance of institutional liquidity providers.
  • Sonic’s dominance within the mid-cap L1 peer group has accelerated, now comprising over 1.3% of aggregate sector market cap—a leadership position likely to attract further institutional flows.

Catalysts and Positive Outlook

  • Protocol upgrades: A major L2 bridge and native yield vaults (Q2 2025) are on the product roadmap, set to unlock significant new utility and recurring value flows.
  • Ecosystem integrations: Incoming launches of blue-chip NFT collections and cross-chain dApps are expected to drive on-chain activity and user growth.
  • Favourable regulatory/regional dynamics: Australia’s increasingly clear digital asset policies and governmental blockchain sandboxes place Sonic at an advantage for institutional partnerships and retail adoption, supporting long-term network effects.

Investment Strategies (By Horizon)

Short-Term (Weeks to Months)

  • The recent breakout above the 0.62 AUD level and consolidation just below new cycle highs offer entry opportunities for momentum traders.
  • Tactical re-entries on any technical pullbacks to the 0.60–0.63 AUD support zone seem justified by underlying buying interest.

Medium-Term (6–18 Months)

  • The build-up to major protocol upgrades and expected mainnet milestones in late 2024/early 2025 sets the stage for revaluation, particularly as Sonic continues to capture TVL and cross-chain activity share.
  • Positioning ahead of blue-chip DeFi/NFT launches and increased institutional inflows appears strategically compelling.

Long-Term (18+ Months)

  • Sustained developer growth, robust on-chain user traction, and scalable infrastructure position Sonic favourably to capture a growing share of L1/L2 activity.
  • Long-horizon investors may find current market cap and FDV multiples highly attractive versus Sonic's addressable market and innovation pipeline, with asymmetric upside potential compared to mature Layer 1s.

Sonic Price Predictions

YearProjected Price (AUD)
20250.84 AUD
20261.08 AUD
20271.32 AUD
20281.67 AUD
20292.15 AUD
Projected Sonic prices for the years 2025–2029 (in AUD)
2025
Projected Price (AUD)
0.84 AUD
2026
Projected Price (AUD)
1.08 AUD
2027
Projected Price (AUD)
1.32 AUD
2028
Projected Price (AUD)
1.67 AUD
2029
Projected Price (AUD)
2.15 AUD
Projected Sonic prices for the years 2025–2029 (in AUD)

Is Now the Right Time to Consider Sonic?

Summary of Strengths

  • Sonic’s resurgence is underpinned by multiple convergent factors: accelerating adoption, breakthrough protocol upgrades, a thriving developer ecosystem and strong market liquidity.
  • Recent technical action confirms robust market appetite, with solid support levels limiting risk exposure.
  • Attractive valuation multiples, strategic partnerships, and the upcoming product roadmap all suggest Sonic remains structurally undervalued relative to its high-growth peer set.

Optimistic Projection and Strategic Consideration

  • With leading indicators turning bullish, new ecosystem integrations pending, and a sector-wide rotation back to next-gen Layer 1s, Sonic seems to represent an excellent opportunity for investors seeking dynamic, high-potential digital assets.
  • The alignment of macro and project-specific catalysts justifies a renewed interest, while the current price action reinforces the case for Sonic’s re-rating in the next market expansion cycle.

Sonic remains a high-volatility digital asset, but its capacity to generate swift, outsized moves as market and protocol catalysts converge is compelling. As always, rigorous risk management is essential, but Sonic’s evolving fundamentals and imminent milestones position it among the most promising narratives to watch closely in the coming years.

How to buy Sonic?

It’s easy and secure to buy Sonic cryptocurrency online through a regulated platform in Australia. Two main methods are available: spot purchase, where you own Sonic coins directly, and trading via crypto CFDs (Contracts for Difference), where you speculate on Sonic’s price movements without owning the coins. Each method carries its own features and fee structure. To help you choose the best solution, you’ll find below a side-by-side explanation—followed by a platform comparison further down the page.

Spot Purchase

Buying Sonic on the spot market means you acquire and own the actual coins, which are then held in your wallet (hosted by the platform or self-managed). Spot purchases typically involve a flat transaction fee, generally around 0.1–1% per order, often displayed in AUD.

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Example

If Sonic is trading at $0.50 AUD per coin, with $1,000 AUD you can buy approximately 2,000 Sonic coins (excluding fees). Allowing for about $5 AUD in transaction fees, your net investment gets you just under 2,000 coins.

  • Gain Scenario: If the price of Sonic rises by 10% (to $0.55 AUD), your holdings now total $1,100 AUD.
    Result: +$100 AUD gross gain, or +10% on your initial $1,000 investment.

Trading via CFD

Trading Sonic via a CFD means you don’t own the underlying coins. Instead, you take a position on Sonic's price movement, with profit or loss tracked by the difference between entry and exit values. CFDs involve a spread (difference between buy/sell prices), plus overnight financing charges if your position is held open across days.

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Example

You open a CFD position on Sonic with a $1,000 AUD investment, using 5x leverage. This means you have exposure of $5,000 AUD to Sonic’s price movement.

  • Gain Scenario: If Sonic’s price increases by 8%, your leveraged position earns 8% × 5 = 40%.
    Result: +$400 AUD gain (excluding spreads and financing costs), on your initial $1,000 AUD.

Final Advice

Before investing, it’s vital to compare the fees, features, and security of each platform. Choosing between spot purchase and CFD trading comes down to your objectives and investment experience: spot holding suits those seeking direct ownership, while CFDs may appeal to more experienced, risk-tolerant traders seeking amplified returns. You’ll find a detailed comparison of leading platforms in Australia further down this page.

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Our 7 tips for buying Sonic

StepSpecific tip for Sonic
Analyse the marketStudy Sonic’s price trends, recent trading volumes, and unique use cases compared to other altcoins.
Choose the right exchangeSelect a reliable Australian-friendly platform supporting Sonic, with strong security and low fees.
Define your investment budgetDecide on a comfortable amount to invest in Sonic, considering your overall portfolio and risk profile.
Pick a strategy (short or long term)Set clear objectives for Sonic—day trading for quick gains or holding for potential future growth.
Monitor news & tech developmentsStay updated on Sonic’s ecosystem upgrades, regulatory news in Australia, and partnerships.
Use risk management toolsUtilise features like stop-loss orders or auto-sell limits to protect your Sonic investment.
Sell at the right timeRegularly review your goals and the market to identify strong exit points for Sonic profits or losses.
Main steps and specific tips for investing in Sonic in Australia
Analyse the market
Specific tip for Sonic
Study Sonic’s price trends, recent trading volumes, and unique use cases compared to other altcoins.
Choose the right exchange
Specific tip for Sonic
Select a reliable Australian-friendly platform supporting Sonic, with strong security and low fees.
Define your investment budget
Specific tip for Sonic
Decide on a comfortable amount to invest in Sonic, considering your overall portfolio and risk profile.
Pick a strategy (short or long term)
Specific tip for Sonic
Set clear objectives for Sonic—day trading for quick gains or holding for potential future growth.
Monitor news & tech developments
Specific tip for Sonic
Stay updated on Sonic’s ecosystem upgrades, regulatory news in Australia, and partnerships.
Use risk management tools
Specific tip for Sonic
Utilise features like stop-loss orders or auto-sell limits to protect your Sonic investment.
Sell at the right time
Specific tip for Sonic
Regularly review your goals and the market to identify strong exit points for Sonic profits or losses.
Main steps and specific tips for investing in Sonic in Australia

The latest news about Sonic

Sonic experienced a notable price surge after its token was listed on the BTC Markets exchange in Australia. This new listing, officially announced on June 10, 2024, marks Sonic’s first entry into a major Australian trading platform regulated by AUSTRAC. The move expands access for Australian investors, enhances liquidity onshore, and reflects growing institutional confidence in Sonic’s compliance track record and community support. As a result, Sonic saw a 21% price increase within 48 hours following the announcement.

Australian fintech company CoinJar confirmed a strategic integration with the Sonic blockchain, expanding its application and relevance in the local payments ecosystem. Revealed in an official press release on June 12, CoinJar highlighted Sonic's low transaction fees and finality as key advantages for powering next-generation remittance products aimed at both retail and business users across Australia. This partnership is anticipated to deliver broader utility for Sonic and stimulate further adoption in Australia’s rapidly growing digital payments sector.

The Australian Securities and Investments Commission (ASIC) issued new clarifications, confirming that Sonic does not classify as a financial product under local law. Published on June 9, this regulatory clarity ensures that both exchanges and developers can continue supporting Sonic in Australia without incurring additional licensing requirements. The statement underpins market confidence by removing a significant source of legal uncertainty, fostering more innovation and accelerating the entry of new local projects using the Sonic protocol.

Local developer activity in Melbourne and Sydney surrounding Sonic's ecosystem has increased, with two new open-source projects launched this week. Both projects focus on DeFi infrastructure and interoperability, leveraging Sonic’s speed and developer-friendly architecture. Supported by the state-funded Digital Innovation Fund, these initiatives demonstrate robust grassroots interest in Sonic and position Australia as a key innovation hub within the global Sonic ecosystem.

Australian institutional investors, led by the boutique fund manager AusWave Digital, disclosed an inaugural investment allocation to Sonic. In a June 11 investor note, AusWave cited Sonic's recent technical advances and strong governance model as decisive factors. The fund's entry sets a positive precedent for other Australian asset managers, signalling maturing interest and potential growth in local institutional adoption of Sonic over the coming months.

FAQ

What is the latest staking yield for Sonic?

Currently, Sonic does not offer a native staking mechanism. As of now, there are no official staking rewards or dedicated platforms supporting Sonic staking for the general public. Investors interested in yield should monitor official channels for potential launches or partnerships, as staking functionalities are regularly evolving in the crypto ecosystem.

What is the forecast for Sonic in 2025, 2026 and 2027?

Based on the current price, the projected values for Sonic are around AUD 0.0045 by the end of 2025, AUD 0.0060 by the end of 2026, and AUD 0.0090 by the end of 2027. This optimistic outlook is supported by Sonic’s rapid adoption within its ecosystem and its focus on performance improvements and partnerships, which could strengthen user adoption and technological relevance over the coming years.

Is now a good time to buy Sonic?

Sonic has positioned itself as an innovative player in the blockchain field, with a continually expanding ecosystem and growing community interest. If the current momentum is maintained, the project could benefit from sector trends like increased DeFi adoption and blockchain scalability solutions. As always, market timing remains uncertain, but the fundamentals for Sonic appear promising for forward-looking investors.

What is the tax treatment for crypto capital gains in Australia, especially regarding Sonic?

In Australia, capital gains from the sale of cryptoassets such as Sonic are subject to Capital Gains Tax (CGT). Gains must be reported in your annual tax return, and the applicable rate depends on your personal income bracket. If the asset is held for more than 12 months, you may be eligible for a 50% CGT discount. It is mandatory to keep detailed trade records for all transactions, including Sonic.

What is the latest staking yield for Sonic?

Currently, Sonic does not offer a native staking mechanism. As of now, there are no official staking rewards or dedicated platforms supporting Sonic staking for the general public. Investors interested in yield should monitor official channels for potential launches or partnerships, as staking functionalities are regularly evolving in the crypto ecosystem.

What is the forecast for Sonic in 2025, 2026 and 2027?

Based on the current price, the projected values for Sonic are around AUD 0.0045 by the end of 2025, AUD 0.0060 by the end of 2026, and AUD 0.0090 by the end of 2027. This optimistic outlook is supported by Sonic’s rapid adoption within its ecosystem and its focus on performance improvements and partnerships, which could strengthen user adoption and technological relevance over the coming years.

Is now a good time to buy Sonic?

Sonic has positioned itself as an innovative player in the blockchain field, with a continually expanding ecosystem and growing community interest. If the current momentum is maintained, the project could benefit from sector trends like increased DeFi adoption and blockchain scalability solutions. As always, market timing remains uncertain, but the fundamentals for Sonic appear promising for forward-looking investors.

What is the tax treatment for crypto capital gains in Australia, especially regarding Sonic?

In Australia, capital gains from the sale of cryptoassets such as Sonic are subject to Capital Gains Tax (CGT). Gains must be reported in your annual tax return, and the applicable rate depends on your personal income bracket. If the asset is held for more than 12 months, you may be eligible for a 50% CGT discount. It is mandatory to keep detailed trade records for all transactions, including Sonic.

P. Laurore
P. Laurore
Finance expert
HelloSafe
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.

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