How High Can Sonic (S) Price Go in Q2? Analysts Share Bold Predictions

Sonic has drawn attention as its price trajectory appears to lag behind the platform’s rapid Total Value Locked (TVL) growth. In contrast, other Layer 1 networks such as Sui and Aptos followed a more gradual growth path. 

Market watchers have turned their focus to whether Sonic price will soon mirror the network’s early momentum. On X, top analysts Crypto Mario and Crypto Busy shared insights that further fueled interest around Sonic token economics and growth model.

TVL Growth: Sonic vs. Sui and Aptos

A comparative TVL chart sourced from DeFiLlama shows Sonic surpassed $1 billion in TVL within just 66 days of launch. By contrast, Sui achieved the same milestone after 505 days, while Aptos took 709 days. The chart highlights Sonic’s steeper and more consistent rise in capital inflow, without the intermittent drops seen in Sui and Aptos.

Sonic rapid onboarding of capital is attributed to its gas fee distribution model. According to a post by Crypto Busy, 90% of Sonic’s gas fees are directed to developers, not validators or foundation wallets. This approach provides a direct financial incentive for builders to deploy and promote smart contracts, resulting in faster ecosystem growth and user activity.

Read Also: Here’s How Pepe Price Could See Its Next 2x Rally

Sonic Market Metrics and On-Chain Activity

Data from Sonic’s dashboard shows its TVL surpassed $1.02 billion by early April 2025, climbing from under $200 million in January. At the same time, the price of Sonic remains at approximately $0.51. While the TVL has expanded more than fivefold, the token’s price has not mirrored that growth.

On-chain data reveals high volumes across Sonic’s DEX and perpetuals markets, with 24-hour trading volumes of $99.94 million and $125.88 million, respectively. The network also reports $95,557 in app revenue and $7,634 in daily chain fees, suggesting steady usage and engagement.

Technical Overview and Sonic Price Zones

Chart analysis indicates that Sonic (S) price faced resistance near the $0.80 to $1.00 range during its early January spike. Support has formed between $0.45 and $0.50, where the token consolidated during February. The token’s current consolidation range lies between $0.40 and $0.45.

The price and TVL divergence has prompted predictions of an upward move. Crypto Mario stated his expectation that S price could reach $1 before the end of Q2, citing the network’s expanding TVL and active ecosystem as supporting factors.

While Sonic’s TVL growth has positioned it ahead of its Layer 1 peers in terms of early adoption speed, questions remain about the sustainability of this growth. Observers are watching for continued developer engagement, new protocol launches, and potential centralized exchange listings that may drive demand for Sonic.

At present, analysts are closely tracking whether Sonic price will catch up with its TVL momentum and whether market conditions will support such a breakout.

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Boluwatife Afe
Boluwatife Afe

Boluwatife is a dedicated content strategist specializing in the crypto industry and is passionate about blockchain technology and digital currencies. With a keen eye for emerging trends and a talent for making complex topics accessible, Boluwatife aims to educate and inspire the crypto community through engaging and insightful content.

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