# Sonic (S) — crypto price, market cap and strength versus Bitcoin

> Sonic trades at $0.0252 with a market capitalisation of $101.6M (rank 267). Over 90 days it is -40.6% against Bitcoin and has no 200-day average on file. Layer 1 as a theme is -15.7% against Bitcoin over 13 weeks. Price readings run through 2026-08-21.

## Agent research brief

- What this coin is: Sonic (S), a Layer 1 token of $101.6M at market-cap rank 267. On-chain activity is sourced from protocol.
- What the tape says: -40.6% versus Bitcoin over 90 days; no 200-day average on file. Layer 1 as a theme is -15.7% against Bitcoin over 13 weeks.
- What the evidence supports: 41/100 inside Layer 1 on 53% evidence (20% of it native activity). Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.
- What is missing: There is no valuation band for any coin on this site: historical market capitalisation is not held, so no PE-style range can be built. Sonic does publish network fees, protocol revenue.

Theme: Layer 1 (/crypto/sector/layer-1). Price 2026-08-21; market-cap snapshot 2026-07-04.

## Price, returns and risk

Sonic's one-year return is withheld because the series is incomplete. Annualised 30-day volatility is 65%. Its deepest fall from a high inside the last 90 days is 55%.

- Price: $0.0252
- Market cap: $101.6M (rank 267)
- Returns: 7d +14%; 30d +2.5%; 90d -44%; 180d —; 1y —
- RS versus Bitcoin, 90d: -41%
- 30-day volatility: 65% annualised; deepest 90-day fall 55%
- 200-day average: unavailable

## Protocol economics

Sonic publishes 2 of the six network-economics series this site tracks: network fees, protocol revenue. Network fees over the last four complete quarters is $416K. Network activity is evidence about the protocol, not earnings owed to the token. Readings run to the Q2 2026 quarter.

- Network fees: trailing four quarters $416.0K; change —; covered 6/20 quarters
- Protocol revenue: trailing four quarters —; change —; covered 3/20 quarters

## Research score

Sonic: 41/100 — Illiquid · research only; 9.6 + 15.0 + 12.9 + 3.5 = 41.0; evidence 53%; native evidence 20%; rank 42 of 64 rated Layer 1 coins
Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.
This weakens if: The read weakens if 90-day RS versus BTC falls below zero with two weekly closes below the 200-DMA, or native activity contracts for two complete calendar quarters.

No valuation band exists for any coin on this site: historical market capitalisation is not held, so no company-style valuation range can be built.

## Layer 1 scorecard

Sonic is one of 78 Layer 1 coins here, 64 of which carry enough evidence to be rated and ranked. Sonic ranks 42 of those 64 on 53% evidence. The table below is the theme's own scorecard, in its own order, with this coin marked.

- 1. Ethereum (ETH): score 67.1; evidence 79%; Constructive watch
- 2. TRON (TRX): score 66.7; evidence 86%; Constructive watch
- 3. Bitcoin SV (BSV): score 64.5; evidence 50%; Tape-led · on-chain proof incomplete
- 4. Abey (ABEY): score 62.9; evidence 50%; Illiquid · research only
- 5. Solana (SOL): score 62.1; evidence 86%; Constructive watch
- 6. XPR Network (XPR): score 61.1; evidence 50%; Illiquid · research only
- 7. DigiByte (DGB): score 60.9; evidence 50%; Illiquid · research only
- 8. XRP (XRP): score 60.1; evidence 50%; Tape-led · on-chain proof incomplete
- 9. Ontology Gas (ONG): score 59.3; evidence 43%; Illiquid · research only
- 10. Worldcoin (WLD): score 59.1; evidence 76%; Mixed
- 11. Gram (prev. Toncoin) (GRAM): score 56.6; evidence 46%; Tape-led · on-chain proof incomplete
- 12. Plasma (XPL): score 56.3; evidence 50%; Tape-led · on-chain proof incomplete
- 13. Bitcoin (BTC): score 55.5; evidence 70%; Tape-led · on-chain proof incomplete
- 14. Ontology (ONT): score 54.2; evidence 50%; Illiquid · research only
- 15. Monad (MON): score 53.1; evidence 50%; Illiquid · research only
- 16. Cosmos Hub (ATOM): score 52.3; evidence 12%; Tape-led · on-chain proof incomplete
- 17. eCash (XEC): score 52.1; evidence 50%; Tape-led · on-chain proof incomplete
- 18. Avalanche (AVAX): score 51.7; evidence 86%; Mixed
- 19. OHO Blockchain (OHO): score 51.7; evidence 50%; Illiquid · research only
- 20. Ozone Chain (OZO): score 51.3; evidence 50%; Illiquid · research only
- 21. EthereumPoW (ETHW): score 50.8; evidence 50%; Illiquid · research only
- 22. QANplatform (QANX): score 50.5; evidence 50%; Illiquid · research only
- 23. Gravity (by Galxe) (G): score 50.4; evidence 84%; Illiquid · research only
- 24. Vaulta (A): score 50; evidence 43%; Illiquid · research only
- 25. Qtum (QTUM): score 49.8; evidence 50%; Tape-led · on-chain proof incomplete
- 26. Nesa (NES): score 49.3; evidence 23%; Tape-led · on-chain proof incomplete
- 27. Sui (SUI): score 46; evidence 43%; Tape-led · on-chain proof incomplete
- 28. Ethereum Classic (ETC): score 45.9; evidence 50%; Tape-led · on-chain proof incomplete
- 29. VeChain (VET): score 45.3; evidence 50%; Tape-led · on-chain proof incomplete
- 30. Hedera (HBAR): score 44.9; evidence 60%; Tape-led · on-chain proof incomplete
- 31. Cardano (ADA): score 44.7; evidence 76%; Lagging
- 32. aelf (ELF): score 44.2; evidence 50%; Illiquid · research only
- 33. Conflux (CFX): score 44.2; evidence 50%; Tape-led · on-chain proof incomplete
- 34. Flare (FLR): score 43.7; evidence 60%; Illiquid · research only
- 35. Space and Time (SXT): score 43.7; evidence 50%; Tape-led · on-chain proof incomplete
- 36. Polkadot (DOT): score 42.7; evidence 50%; Tape-led · on-chain proof incomplete
- 37. Bitcoin Cash (BCH): score 42.5; evidence 50%; Tape-led · on-chain proof incomplete
- 38. Gas (GAS): score 42.3; evidence 50%; Illiquid · research only
- 39. Aptos (APT): score 42.1; evidence 63%; Illiquid · research only
- 40. Naoris Protocol (NAORIS): score 41.6; evidence 50%; Illiquid · research only
- 41. Kava (KAVA): score 41.1; evidence 50%; Tape-led · on-chain proof incomplete
- 42. Sonic (S) [this coin]: score 41; evidence 53%; Illiquid · research only
- 43. Electroneum (ETN): score 40.3; evidence 50%; Illiquid · research only
- 44. NEO (NEO): score 39.3; evidence 50%; Illiquid · research only
- 45. Zilliqa (ZIL): score 39.1; evidence 50%; Illiquid · research only
- 46. Brevis (BREV): score 38.4; evidence 50%; Tape-led · on-chain proof incomplete
- 47. Kusama (KSM): score 37.6; evidence 50%; Illiquid · research only
- 48. Irys (IRYS): score 37.4; evidence 50%; Illiquid · research only
- 49. Quantum Resistant Ledger (QRL): score 37.3; evidence 50%; Illiquid · research only
- 50. VeThor (VTHO): score 36.7; evidence 50%; Illiquid · research only
- 51. Celestia (TIA): score 35.4; evidence 70%; Tape-led · on-chain proof incomplete
- 52. Xertra (STRAX): score 34.9; evidence 50%; Illiquid · research only
- 53. ARK (ARK): score 33.9; evidence 50%; Illiquid · research only
- 54. IOST (IOST): score 33.9; evidence 50%; Illiquid · research only
- 55. KUB Coin (KUB): score 33.3; evidence 55%; Illiquid · research only
- 56. Venom (VENOM): score 33.1; evidence 50%; Illiquid · research only
- 57. Kaia (KAIA): score 33; evidence 50%; Illiquid · research only
- 58. Ardor (ARDR): score 32.8; evidence 50%; Illiquid · research only
- 59. Constellation (DAG): score 32.1; evidence 50%; Illiquid · research only
- 60. Waves (WAVES): score 31.7; evidence 50%; Illiquid · research only
- 61. Moonriver (MOVR): score 30.4; evidence 50%; Illiquid · research only
- 62. AtomOne (ATONE): score 28.4; evidence 50%; Illiquid · research only
- 63. Bityuan (BTY): score 27.7; evidence 50%; Illiquid · research only
- 64. Movement (MOVE): score 25; evidence 59%; Illiquid · research only

## Limitations

- Crypto network activity is not company earnings. Protocol revenue does not automatically accrue to token holders.
- Market capitalisation is a dated snapshot, not a point-in-time historical supply series, so yields computed against it inherit that lag.
- No valuation band exists for any coin: historical market capitalisation is not held at all.
- Funding rates, open interest, liquidations, exchange flows, unlock schedules and developer activity are not held and are not inferred.
- The research score is relative to this coin's own theme only. It is not comparable across themes and is not an entry signal.

## FAQs

### What is Sonic (S)?

Sonic is a Layer 1 cryptocurrency tracked here by price, market capitalisation and strength against Bitcoin, with on-chain activity from protocol. It is one of 78 Layer 1 coins on this site. Readings are as of 2026-08-21.

### What is the market cap of Sonic?

Sonic's market capitalisation is $101.6M, ranking it 267 in the top-1,000 crypto universe. That figure is a dated snapshot from 2026-07-04, refreshed separately from the daily price series, so it can lag the price shown above.

### Is Sonic beating Bitcoin?

Sonic is -40.6% against Bitcoin over 90 days, and its own theme, Layer 1, is -15.7% over 13 weeks. It trades with no 200-day average available as of 2026-08-21.

### Does Sonic have a P/E ratio?

No. There is no company-style P/E or PEG for a crypto token, and no valuation band is shown on this page because the data to build one honestly does not exist: historical market capitalisation is not held, only a current snapshot. Where a protocol publishes fees or revenue, this page shows the yield against that dated snapshot instead.

### What is Sonic's research score?

41/100 within Layer 1, ranked 42 of 64 rated Layer 1 coins, on 53% evidence: 9.6 + 15.0 + 12.9 + 3.5 = 41.0. It is labelled “Illiquid · research only”. The score ranks research attention inside one theme, never portfolio action.

### How much Sonic history does this page show?

Five years of weekly closes where they exist, plus 20 complete calendar quarters of on-chain activity for the metrics Sonic actually publishes. Here that is network fees, protocol revenue.

### Does Sonic generate network fees?

Sonic's trailing twelve-month network fees is $416K. Network activity is not token-holder earnings: whether it accrues to the token depends on the protocol's own burn, buyback and distribution rules.