Sonic SVM price
in USD$0.12569
-- (--)
USD
Last updated on 21 Oct 2025, 06:40:17 pm.
Market cap
$45.25M #205
Circulating supply
360M / 2.4B
All-time high
$1.318
24h volume
$10.54M
Rating
4.0 / 5


About Sonic SVM
SONIC (Sonic SVM) is a cryptocurrency designed to power a fast and scalable blockchain ecosystem. Built for speed and efficiency, it enables low-cost transactions and supports a growing range of decentralized applications (dApps). SONIC is used for transaction fees, governance, and incentives within its network, making it essential for users and developers. The project has gained attention for partnerships, high transaction throughput, and a focus on user-friendly DeFi solutions. With a strong community and ongoing development, SONIC aims to be a key player in the blockchain space.
AI insights
Sonic SVM’s price performance
Past year
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3 months
-50.33%
$0.25
30 days
-38.48%
$0.20
7 days
-5.61%
$0.13
Sonic SVM on socials

⚠️ AC questions the funding flow of the Ethereum Foundation!
"Back when I was developing on Ethereum, I burned 700 ETH in gas, yet no one ever paid attention to me."
"I tried to contact the EF but never received any response.
No business connections, no grants, no support at all.
Not even a retweet.
Later, when I started participating in the Sonic ecosystem, I was really confused.
Because most teams there have BD support, funding from foundations, TVL guidance, audits, and ongoing marketing."
There's no way to break into the core circle.
Even big shots like AC get excluded and can't access resources.
You could say, regardless of nationality, where there are people, there are networks.
Some people are technically skilled.
Some people are good at flattering.
Both are shining in their own way lol.

The controversy over subsidies that extends to Polygon (Sandeep), Andre Cronje, and Solana
The article by Péter Szilágyi, the lead developer of Geth, which started with "Understanding the Ethereum Developer's Revelations()", has brought various reactions in the market.
It begins with Sandeep, the CEO of Polygon.
- He stated that they did not receive direct support from the Ethereum Foundation or the Ethereum community, and even chose L2 over L1, resulting in billions of dollars in losses.
- If Polygon declared itself as L1, it would probably be valued 2-5 times higher than its current value. The Hedera Hashgraph L1 is valued higher than the combined valuations of Polygon, Arbitrum, Optimism, and Scroll.
- The more serious issue is that the Ethereum community absolutely does not recognize Polygon as L2 and does not include it in the Ethereum beta in the market.
- If Polymarket achieves great success, it will be considered "Ethereum", but it is really hard to understand that Polygon itself is not Ethereum.
In summary, he expresses dissatisfaction that they are not recognized for their contributions to Ethereum by the Ethereum community and foundation.
Next is Andre Cronje, who created Yearn Finance, Sonic (Fantom), etc.
- He built while spending over 700 ETH from ETH, but received no response, grants, or marketing support from EF, and was shocked by the active support from other chains after participating in the Sonic ecosystem.
- If core developers (Peter & Geth) and major L2 (Polygon) are not receiving support, then who exactly is EF supporting?
At this time, key figures from Solana take the opportunity to leave comments on each article.
In Sandeep's article, raj commented "Canyou imagine if we teamed up", while Andre Cronje left a "Come Join Us" GIF. Andre Cronje also responded with the RUST code GitHub for the developing Flying Tulip.
Vitalik officially wrote a long response to Sandeep's article, addressing the overall difficulties and potential developments regarding L2 projects and ZK projects.
Personally, I think they are all effectively utilizing PR strategies that align with their respective interests.
Polygon has seen three of its four co-founders leave, and as the ecosystem is increasingly heading towards collapse, they needed to actively leverage this negative issue to gain community interest and support.
Andre needed to gain interest in the new project Flying Tulip, while Solana Foundation personnel conveyed the message that they are more inclusive compared to Ethereum.
Vitalik empathized with the understanding and difficulties regarding Polygon and L2, expressing expectations for ZK and future developments, and made efforts to minimize the division between builders and the community.
Regarding subsidies, I believe it is more appropriate to support projects that are still in the early stages or public goods that do not generate profits but have a positive impact, rather than projects that have already achieved results and are of significant scale.
Projects like Polygon and Sonic have paid excessive subsidies for the ecosystem but should reflect on their inability to deliver results. (I also feel disappointed that I cannot agree with the claim of Polygon's L1 value.)
Currently, Ethereum's subsidies are focused on community/educational events, consensus/execution layer development, developer tools (Vyper, Solhint, etc.), L2 infrastructure (L2BEAT), protocol security/upgrades (Pectra, PeerDAS), and can be confirmed through official blog posts like Allocation Update - Q1 2025. (It would be nice if other foundations could disclose transparently as well..)
Additionally, Ethereum is set to announce a new subsidy program in Q4 2025, so it will be interesting to see if L2 support increases due to this issue.
I have conveyed the background of this issue along with personal thoughts and interests, and I hope this helps to view it from a multifaceted perspective rather than a fragmented one. Thank you.🙏

Sandeep | CEO, Polygon Foundation (※,※)
Read this from Peter and realized that it's time for me to also speak up.
NGL, I’ve started questioning my loyalty toward Ethereum. I did not come into crypto because of Bitcoin but because of Ethereum. I also have a lot of gratitude toward @VitalikButerin — someone I looked up to as an ideal for how things should be built in this world. Though I/we never got any direct support from the EF or the Ethereum CT community — in fact, the reverse. But I have always felt moral loyalty towards Ethereum even if costs me billions of dollars in Polygon's valuation perhaps.
The Ethereum community as a whole has been a shit show for quite some time. Why does it feel like every other week, someone with major contributions to Ethereum has to publicly question what they’re even doing here? Just go your own way already.
At best, I get trolled by well-meaning friends like @akshaybd for not declaring Polygon an L1 and walking away from this circus. Not many remember that Akshay himself was equally inclined toward Polygon in the beginning before he took his talents and helped build the Solana empire into what it is today. He got disgusted by the socialistic behavior of the Ethereum community — trolling projects like Polygon that were contributing immensely — all because of some arbitrary “technical definition.”
At worst, people have started questioning my fiduciary and moral duty toward Polygon. It’s widely believed that if Polygon ever decided to call itself an L1, it would probably be valued 2–5× higher than it is today. Like think about it, Hedera Hashgraph an L1 is valued higher than Polygon, Arbitrum, Optimism and Scroll combined.
To make things even worse, the Ethereum community ensures Polygon is never considered an L2 and is never included in the markets' percieved Ethereum Beta. They don’t seem to understand that Polygon PoS effectively hinged on Ethereum, while Katana, XLayer, and dozens of other chains in Polygon's ecosystem are true L2s. Heck, a prominent Polygon Stakeholder literally scolded me just today because I can’t get Polygon on GrowthPie, which refuses to list the Polygon chain.
When Polymarket wins big, it’s “Ethereum,” but Polygon itself is not Ethereum. Mind-boggling.
Anyway — I’m also a stubborn, hard-ass soul. I’m going to give this a final push that might just revive the entire L2 narrative. Just bear with me for a few more weeks.
But the Ethereum community needs to take a hard look at itself — and ask why, every day, contributors to Ethereum, even major ones like @peter_szilagyi, are forced to question or even regret their allegiance to Ethereum.
My only (remaining) defense to myself is that Ethereum is a democracy — and in any democracy, people on all sides end up disgruntled. But it’s still the only system that truly works in the long run. 🤞
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Sonic SVM FAQ
Currently, one Sonic SVM is worth $0.12569. For answers and insight into Sonic SVM's price action, you're in the right place. Explore the latest Sonic SVM charts and trade responsibly with OKX.
Cryptocurrencies, such as Sonic SVM, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Sonic SVM have been created as well.
Check out our Sonic SVM price prediction page to forecast future prices and determine your price targets.
Dive deeper into Sonic SVM
Sonic SVM is the first SVM to launch on Solana. Sonic SVM built the first Web3 TikTok app-layer to bring millions of TikTok users to Solana. Sonic SVM is also the leading gaming ecosystem on Solana.
Disclaimer
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OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Market cap
$45.25M #205
Circulating supply
360M / 2.4B
All-time high
$1.318
24h volume
$10.54M
Rating
4.0 / 5

