Altcoins News
By Pankaj K
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Sonic [S] is capturing renewed attention in the crypto market, as several bullish signals emerge from both on-chain and trading activity.
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Over the past week, decentralized exchange (DEX) volume for Sonic rose by 16.97%, climbing to over $539 million.
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From a technical standpoint, Sonic has maintained its position above the $0.316 level since late April—a clear signal of strength and resilience despite ongoing market…
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On-chain activity further strengthens the case for a possible breakout. In the spot market, June 17th saw $4.13 million in inflows compared to $3.55 million in outflows.
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The most significant development, however, comes from whale activity. Over the last seven days, whale netflows into Sonic surged by an astounding 1,170%, signaling aggressive…
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Adding to the bullish narrative is the current state of Sonic holders. According to IntoTheBlock data, 96.
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The protocol’s fundamentals continue to hold strong. Sonic's total value locked (TVL) remains above the $2 billion mark, showing the network's continued relevance and utility…
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In summary, Sonic appears to be at a critical turning point. With rising DEX volume, strong technical support, minimal profit-taking pressure, and aggressive whale accumulation,…
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