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Sonic, the rebranded version of the Fantom (FTM) network, has reignited bullish interest after months of downward pressure. Now trading around $0.5595, the altcoin surged more than 12% within hours, marking a potential turning point in its price action. Traders and investors are increasingly eyeing Sonic as it stabilizes above a key support zone and shows early signs of a trend reversal. With this renewed momentum, discussions around Sonic price prediction 2025 are gaining traction, with some analysts projecting a possible surge toward the $5 mark.
Sonic’s rebound coincides with Bitcoin’s recent recovery, which has helped lift smaller-cap altcoins. After breaking out of a prolonged downtrend, Sonic reclaimed the $0.56 support and is attempting to flip the $0.6 resistance. A successful move above this level could open the door to a stronger rally, with price targets of $0.8 and $0.9 in sight before a possible run at the psychological $1 mark.
On the technical front, Sonic is forming higher highs and higher lows—a classic bullish market structure. Volume is increasing, indicating renewed buying pressure. The Relative Strength Index (RSI) remains above a key ascending trend line, showing strong momentum. However, the Chaikin Money Flow (CMF) is below zero, signaling weaker capital inflows—a potential concern for sustainability.
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Sonic is also trading within an ascending triangle, a bullish continuation pattern. If the breakout confirms, $0.58 and $0.6 are key short-term levels to watch. A breakout could trigger a broader move, while a failed attempt may lead to a dip toward $0.5.
The fundamentals are just as strong. With over $1.78 billion in total value locked (TVL), Sonic’s developer-centric model is attracting major DeFi players like AAVE, Silo Finance, and Pendle. This performance puts it well ahead of competitors like Cardano, Cronos, and Optimism. Backed by Andre Cronje, Sonic appears to be firing on all cylinders.
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