Leveraging in-depth analyst evaluations, we have distilled key insights from expert assessments to provide a compelling outlook for SONIC. Our analysts point to weakening fundamentals and unfavorable market sentiment, indicating considerable downside risk in the near term. Based on this in-depth expert analysis, we hold a highly cautious view of this stock. Our conclusion: SONIC is a Strong Sell candidate.
SONIC price ended at $0.027429 on Monday, after rising 3.65%
On Jun 01, 2026 00:00, the price of SONIC rose by 3.65%, climbing from $0.035864 to $0.027429 with 24h trading volume reaching $1.9M SONIC.
SONIC Technical Signals
Technical Signals Summary
Buy Signals 1
Neutral Signals 1
Sell Signals 5
Strong Sell
Sell
Neutral
Buy
Strong Buy
SONIC currently exhibits 1 buy signals and 5 sell signals. The token has been in an uptrend since 12:00 AM, with a total price change of 6.32% during this period. Overall, the technical indicators point to a Strong Sell outlook for the mid-term.
Bullish/Bearish Signals for SONIC
Our algorithms analyze key indicators like moving averages, RSI, MACD, and trading volume to generate bullish and bearish signals for SONIC. These insights help you make informed investment decisions.
Follow-Up Questions
Based on technical analysis, should I buy SONIC?
SONIC currently exhibits 1 buy signals and 5 sell signals. The stock has been in an uptrend since May 29, 2026, with a total price change of 6.32% during this period. Overall, the technical indicators point to a Strong Sell outlook for the mid-term.
What is RSI of Sonic SVM (SONIC)?
The RSI of Sonic SVM is 43.31, indicating neutral conditions.
Sonic SVM (SONIC) MACD
Sonic SVM MACD is -0.000987
Key Stats
Trading Volume (24hr)
$1.9M
Circulating Supply
360.0M
Market Cap
$9.8M
Total Supply
2.4B
Holders
--
Max Supply
2.4B
FDV
$65.8M
Funding Rate
0.005%
Date of Creation
--
What is Sonic SVM (SONIC)?
Sonic is the first SVM chain to launch on Solana, for games and applications. It is powered by Sonic HyperGrid, a framework for orchestrating optimistic Solana rollups. Sonic is the home of SonicX, industry’s first Web3 TikTok App Layer - designed to onboard the next billion users.
Vision:
Sonic SVM was built to unlock new experiences for both builders, and players. 💫
We designed Sonic to be the brewing ground for a world of high-performance decentralized gaming, creating a distinction from the traditional trading experience of in-game assets.