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CyrilXBT|Feb 19, 2025 17:24
S - The Low Time Frame Reversal Play?
Market structure is shifting bullish on this reclaim, and if utility coins make a comeback, Sonic (S) could be a prime contender.
Here’s why:
✅ Fully unlocked supply – no low float / high FDV trap
✅ Cheapest legit L1 at ~1.4B FDV
✅ TVL history – 8B in 2021, now rebounding at 300M
✅ Andre Cronje & die-hard community – devs + users backing it
✅ Lightning-fast deposits – 400ms finality on @okx
The old FTM is reborn. Is S the sleeper L1 play?
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