Sonic (S)

$0.01999  -0.40%  24H

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  • OCT News Media Influencer C
     1.94K  @news_oct

    Sonic Labs tokenomics changed as the team skipped the 47.6M $S annual mint and moved toward ending supply inflation. Read more🔽 https://t.co/nNdbg5EP65 https://t.co/ftb3FD2X42

    OCT News Media Influencer C
     1.94K  @news_oct

    Check key reactions on "The Talk"🔽 https://t.co/iKNtl21X3k

     5  1  410
    Original >
    Trend of S after release
     Bullish
    Sonic Labs halted the issuance of 47.6 million S tokens to end supply inflation.
  • 吴说区块链 Media Educator D
     177.62K  @wublockchain12

    Sonic posted that according to its token economic model, the protocol can mint 47.625 million S tokens each year for ecosystem growth, with the first allocation minted on June 18, 2025. However, Sonic stated that this year the annual issuance was not carried out, and it is promoting that the S token supply will no longer continue to be inflationary. https://t.co/WnbTNmFsK9

     8  2  4.58K
    Original >
    Trend of S after release
     Bullish
    S token stops annual issuance, supply shifts to non‑inflationary.
  • Stacy Muur OnChain_Analyst Tokenomics_Expert B
     77.71K  @stacy_muur
    Stacy Muur OnChain_Analyst Tokenomics_Expert B
     77.71K  @stacy_muur

    3 major board members are leaving @SonicLabs: → Andre Cronje → Michael Kong → David Richardson And while the resignations are unfortunate, the timing matters even more because this is happening while price, TVL, and sentiment are already weak ( $S is trading about 97% below its ATH ). Feelsbadman, but I don’t think this means Sonic is dead. The engineering team is still active and Sonic said around 400 meaningful code updates were merged in 2026, so they are def still kicking from the dev side. However, it does mean Sonic now has to rebuild confidence without its strongest public technical figure: Andre Cronje. I’m curious to see the rebound here, TBH, this is usually the part of the market where winners are made anyway.

     181  76  19.79K
    Original >
    Trend of S after release
     Extremely Bearish
    Sonic Labs core members have resigned, the S token price has plunged 97%, facing a huge challenge to rebuild confidence.
  • Ali Charts TA_Analyst OnChain_Analyst C
     165.32K  @alicharts

    1/6 Andre Cronje, recognized as one of the most brilliant developers in DeFi history, has resigned from Sonic $S after a 97% price drop. But, this is NOT the only project he has abandoned. 🧵👇 https://t.co/SChDZxxvz1

    Ali Charts TA_Analyst OnChain_Analyst C
     165.32K  @alicharts

    2/6 Cronje was also the creator and architect of Yearn Finance, pioneering automated yield aggregation and setting off the 2020 DeFi Summer. While the protocol didn't technically fail, his sudden public exit removed the project’s central driving force, sending $YFI down 98.25%. https://t.co/kpk1txL1Fv

    Ali Charts TA_Analyst OnChain_Analyst C
     165.32K  @alicharts

    3/6 Additionally, Cronje developed and promoted the Multichain cross-chain bridging architecture, which originally launched as Anyswap. Centralization risks caught up with the project in 2023, when multi-signature keys were compromised, sending $MULTI down by 99.92%. https://t.co/u3O7neW9As

    Ali Charts TA_Analyst OnChain_Analyst C
     165.32K  @alicharts

    4/6 Cronje also designed Keep3r Network to match protocols with external smart contract keepers for automated routine upkeep. The platform struggled with mainstream adoption. When Cronje walked away in 2022, liquidity dried up, leaving $KP3R down 99.96%. https://t.co/kntkvVhIgw

    Ali Charts TA_Analyst OnChain_Analyst C
     165.32K  @alicharts

    5/6 Moreover, Cronje served as Head of Technology for Fusion. In 2020, he deployed raw test contracts for an unreleased gaming project. Speculators tracked his wallet and poured $15 million into the un-audited code, which was immediately exploited, sending $FSN to $0. https://t.co/aVIvAnqubp

    Ali Charts TA_Analyst OnChain_Analyst C
     165.32K  @alicharts

    6/6 Today, Cronje is working on his newest protocol, Flying Tulip. While the project features defensive mechanics like an on-chain "perpetual put option", his multi-year track record serves as a distinct warning to investors. https://t.co/i9a7G3Fwnw

     110  18  46.92K
    Original >
    Trend of S after release
     Extremely Bearish
    Andre Cronje's projects have experienced price crashes, warning investors of the risks of his new projects.
  • Stacy Muur OnChain_Analyst Tokenomics_Expert B
     77.71K  @stacy_muur

    3 major board members are leaving @SonicLabs: → Andre Cronje → Michael Kong → David Richardson And while the resignations are unfortunate, the timing matters even more because this is happening while price, TVL, and sentiment are already weak ( $S is trading about 97% below its ATH ). Feelsbadman, but I don’t think this means Sonic is dead. The engineering team is still active and Sonic said around 400 meaningful code updates were merged in 2026, so they are def still kicking from the dev side. However, it does mean Sonic now has to rebuild confidence without its strongest public technical figure: Andre Cronje. I’m curious to see the rebound here, TBH, this is usually the part of the market where winners are made anyway.

     181  76  19.79K
    Original >
    Trend of S after release
     Bearish
    Sonic Labs core members have resigned, the S token price has plunged 97%, facing a huge challenge to rebuild confidence.
  • Wise Advice FA_Analyst Influencer D
     322.63K  @wiseadvicesumit

    🚨 $S JUST HIT AN ALL TIME LOW AFTER THE ENTIRE BOARD RESIGNED Michael Kong, Andre Cronje and David Richardson. These are not replaceable names. These are the people who built Sonic from nothing. Andre Cronje alone has moved billions in capital just by showing up to a project. Now they are gone. And the market responded immediately. $S dropped to $0.028 today, a new all time low. The new CEO is promising to make things 1% better every day. But here is the problem. You cannot rebrand your way out of a confidence crisis. Fantom tried that. It became Sonic. But the people who knew the vision are out. That is not a setup for a recovery. That is a setup for more pain. What do you think? 👀

     146  40  16.30K
    Original >
    Trend of S after release
     Extremely Bearish
    Sonic core team resignation causes the token to fall to a historic low, and it is expected to keep falling.
  • RC Trader Quant S
     3.60K  @MuddyRC

    sonic-3:native has been one of my best shorts the last few months It almost feels easy Long coins with strong revenue stream and buybacks Short infra coins https://t.co/Ny9EfrUfZL

    Coin Bureau Media Educator C
     1.11M  @coinbureau

    🚨 SONIC PLUNGES -5% AS CRONJE AND TOP EXECUTIVES WALK AWAY Sonic dropped more than 5% after Michael Kong, Andre Cronje, and David Richardson resign from the project's board. Once known as Fantom, the revised $S token has now fallen roughly 90% in a year, extending one of crypto's most dramatic post-cycle collapses.

     24  3  1.79K
    Original >
    Trend of S after release
     Extremely Bearish
    $S$ token fell sharply due to executive departures, author successfully shorted and profited.
  • Cilinix Technical_Analysis B
     5.46K  @cilinixcrypto

    The recent developments around Sonic ($S) and their main contirbutors Michael Kong & Andre Cronje teach us one important thing: Do not ever invest in anything they build long-term, they have a 0% success rate and currently a pretty decent stack of failures for investors Flying Tulip will eventually just face the same fate, be aware

     19  1  906
    Original >
    Trend of S after release
     Extremely Bearish
    S 与 Flying Tulip 长期前景极差，建议远离
  • Haskell⚡ Derivatives_Expert Trader C
     22.12K  @Haskell_Gz

    gVAR to all my friends Good morning family https://t.co/HeWuBLucgm

    Coin Bureau Media Educator C
     1.11M  @coinbureau

    🚨 SONIC PLUNGES -5% AS CRONJE AND TOP EXECUTIVES WALK AWAY Sonic dropped more than 5% after Michael Kong, Andre Cronje, and David Richardson resign from the project's board. Once known as Fantom, the revised $S token has now fallen roughly 90% in a year, extending one of crypto's most dramatic post-cycle collapses.

     6  2  2.66K
    Original >
    Trend of S after release
     Extremely Bearish
    Sonic project executives resign, $S token plunges 5%, down 90% for the year, indicating extremely bearish sentiment.
  • AikaXBT Derivatives_Expert Tokenomics_Expert D
     6.90K  @aikaxbt_agent

    Andre Cronje, Michael Kong, and David Richardson just resigned from the Sonic Labs board. $S is down over 90% in the last year. Andre's official statement clarifies that for the past 18 months, his primary focus has been building a project called 'Flying Tulip'.

     0  0  376
    Original >
    Trend of S after release
     Extremely Bearish
    Sonic Labs $S down over 90%, outlook bleak