Sonic SVM price
in EUR€0.10903
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EUR
Last updated on Oct 23, 2025, 01:40:57 AM.
Market cap
€39.24M
Circulating supply
360M / 2.4B
All-time high
€1.135
24h volume
€12.22M
Rating
4.0 / 5


About Sonic SVM
SONIC (Sonic SVM) is a cryptocurrency designed to power a high-speed blockchain ecosystem focused on scalability and low-cost transactions. Built for efficiency, it enables fast and affordable decentralized applications (dApps) and trading experiences. SONIC is used for transaction fees, governance, and incentives within its network, making it essential for users and developers. Its growing ecosystem includes partnerships in gaming, DeFi, and digital collectibles, showcasing its versatility. With a strong community and continuous innovation, SONIC aims to be a user-friendly gateway into the world of blockchain technology.
AI insights
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.
Sonic SVM’s price performance
Past year
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3 months
-47.61%
€0.21
30 days
-31.33%
€0.16
7 days
-3.11%
€0.11
Sonic SVM on socials

Addressing the Concerns
We’ve seen a few posts mentioning bundled or sniped buys during launch, here’s the clarification 👇
1. $ENKRION launched 4 days ago on .
We made an initial buy of around 5%, and that supply is locked for 1.5 years with monthly unlocks, all fully visible on-chain.
2. The dev wallet activity some noticed is part of our Sonic Protocol testing. It was funded through a stealth pool, a system inside Enkrion Sonic that automatically finds high-traffic wallet pools for untracked transaction routing.
3. No manipulation, no hidden moves, just live testing of our encrypted routing layer to make sure the Sonic engine works under real network conditions.
Transparency stays priority.
Privacy stays mission.
$ENKRION
#ZKTransact #PrivacyEngine #EncryptedActions #Solana

➥ Four Chains. One Engine. The SVM Revolution.
EVM built the logic for crypto but not the speed.
SVM adds parallel execution that scales transactions without slowing the chain.
Here’s a comparison of major SVMs in our 30s report 🧵
— — —
► What are SVMs
SVM (Solana Virtual Machine) powers @solana’s high throughput with parallel execution.
It processes multiple transactions simultaneously instead of sequentially, enabling sub-second finality.
The SVM Collective, formed by SOON, Solayer, and Sonic, is an alliance of SVM-based chains that share infrastructure, tooling, and research to expand Solana’s architecture beyond a single network.
➤ Let’s look at the major SVM projects leading this shift
▸ @soon_svm
▸ @solayer_labs
▸ @SonicSVM
▸ @fogo
—
► SOON
SOON ( $SOON ) is a modular L2 built on the SVM that extends Solana’s speed to other chains via the OP Stack.
➤ Key Highlights
▸ Decouples SVM from Solana’s consensus for cross-chain deployment
▸ Uses Kailua ZK proofs for finality and security
▸ InterSOON bridges link @solana, @BNBCHAIN, and @ethereum
▸ Localized fee markets prevent network congestion
▸Backers:
- @jump_
- @hack_vc
- @ambergroup_io
- @hypersphere_
- @snzholding
➤ Architecture
Runs a sequencer-based PoS-lite design that executes batched transactions through the SVM’s Sealevel runtime.
Separates execution from consensus for modular scaling, with OP Stack enabling Ethereum settlement.
As part of the SVM Collective, it supports shared tooling and cross-chain infrastructure.
—
► Solayer
Solayer Labs ( $LAYER ) is a hardware-accelerated L1 built on SVM designed for high-speed finance and infinite scalability.
➤ Key Highlights
▸ Powered by InfiniSVM, a hardware-optimized runtime using RDMA and InfiniBand
▸ Supports 1M+ TPS with 1 ms confirmations through multi-executor processing
▸ Products:
- $sSOL (staking asset with MEV rewards)
- $sUSD (auto-rebasing stablecoin with RWA backing)
- Emerald Card (on-chain spending, ~4 % yield)
▸ Backers:
- @polychaincap
- Hack VC
- @RaceCapital
➤ Architecture
Uses a multi-executor model that parallelizes transactions across hardware threads via RDMA and FPGA acceleration.
Its proof-of-authority-and-stake consensus ensures low latency and censorship resistance with Solana fallback.
As part of the SVM Collective, Solayer serves as a decentralized cloud layer for finance and restaking.
—
► SonicSVM
SonicSVM ( $SONIC ) is the first atomic SVM chain built for sovereign game economies and programmable attention markets.
➤ Key Highlights
▸ Runs on HyperGrid, enabling 0.4s block times and 100K+ TPS capacity
▸ Introduces the Attention Capital Market (ACM) model that tokenizes engagement signals
▸ Guardian Nodes verify user activity and prevent bot manipulation
▸ Raised funding: $12M seed + $10M partner fund
▸ Backers:
- @BITKRAFTVC
- @galaxyhq
- @mirana
- @joinrepublic
- @DWFLabs
- @BigBrainVC
➤ Architecture
Sonic integrates EVM-compatible development with SVM execution, settling directly on Solana.
Its HyperGrid framework allows concurrent scaling for gaming and high-frequency apps.
The ACM model aggregates on-chain and off-chain actions into epochs, computes attention scores, and distributes rewards transparently.
—
► FOGO
Fogo is an independent SVM Layer 1 powered by the @jump_firedancer client, optimized for real-time trading and institutional-grade performance.
➤ Key Highlights
▸ Runs the pure Firedancer validator stack built by Jump crypto for maximum throughput
▸ Achieves 40 ms block times with bandwidth-optimized consensus
▸ Uses multi-local zones that rotate validators geographically for sub-ms latency
▸ Backers:
- @cmsholdings
- @tarunchitra
- @cobie - The Echonomist
- @lawmaster - Big Brain Collective
- @kaiynne
➤ Architecture
Uses a C-based Firedancer client optimized for parallel execution and low latency.
Its multi-local consensus groups validators geographically, minimizing delay and improving decentralization through zone rotation.
Independent from the SVM Collective but fully compatible with Solana’s runtime and tooling.
—
► Wrap-up
Four projects are re-engineering the Solana Virtual Machine in distinct ways.
All use SVMs’ parallel execution but focus on different goals:
▸ SOON → Modular rollups across chains
▸ Solayer → Hardware-accelerated finance
▸ Sonic → Gaming and attention economies
▸ Fogo → High-frequency trading
Together, they show how SVM has evolved from one chain into an entire high-performance ecosystem.

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Sonic SVM FAQ
Currently, one Sonic SVM is worth €0.10903. 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.
ESG Disclosure
ESG (Environmental, Social, and Governance) regulations for crypto assets aim to address their environmental impact (e.g., energy-intensive mining), promote transparency, and ensure ethical governance practices to align the crypto industry with broader sustainability and societal goals. These regulations encourage compliance with standards that mitigate risks and foster trust in digital assets.
Asset details
Name
OKCoin Europe Ltd
Relevant legal entity identifier
54930069NLWEIGLHXU42
Name of the crypto-asset
Sonic SVM
Consensus Mechanism
Solana uses a unique combination of Proof of History (PoH) and Proof of Stake (PoS) to achieve high throughput, low latency, and robust security. Here’s a detailed explanation of how these mechanisms work: Core Concepts 1. Proof of History (PoH): Time-Stamped Transactions: PoH is a cryptographic technique that timestamps transactions, creating a historical record that proves that an event has occurred at a specific moment in time. Verifiable Delay Function: PoH uses a Verifiable Delay Function (VDF) to generate a unique hash that includes the transaction and the time it was processed. This sequence of hashes provides a verifiable order of events, enabling the network to efficiently agree on the sequence of transactions. 2. Proof of Stake (PoS): Validator Selection: Validators are chosen to produce new blocks based on the number of SOL tokens they have staked. The more tokens staked, the higher the chance of being selected to validate transactions and produce new blocks. Delegation: Token holders can delegate their SOL tokens to validators, earning rewards proportional to their stake while enhancing the network's security. Consensus Process 1. Transaction Validation: Transactions are broadcast to the network and collected by validators. Each transaction is validated to ensure it meets the network’s criteria, such as having correct signatures and sufficient funds. 2. PoH Sequence Generation: A validator generates a sequence of hashes using PoH, each containing a timestamp and the previous hash. This process creates a historical record of transactions, establishing a cryptographic clock for the network. 3. Block Production: The network uses PoS to select a leader validator based on their stake. The leader is responsible for bundling the validated transactions into a block. The leader validator uses the PoH sequence to order transactions within the block, ensuring that all transactions are processed in the correct order. 4. Consensus and Finalization: Other validators verify the block produced by the leader validator. They check the correctness of the PoH sequence and validate the transactions within the block. Once the block is verified, it is added to the blockchain. Validators sign off on the block, and it is considered finalized. Security and Economic Incentives 1. Incentives for Validators: Block Rewards: Validators earn rewards for producing and validating blocks. These rewards are distributed in SOL tokens and are proportional to the validator’s stake and performance. Transaction Fees: Validators also earn transaction fees from the transactions included in the blocks they produce. These fees provide an additional incentive for validators to process transactions efficiently. 2. Security: Staking: Validators must stake SOL tokens to participate in the consensus process. This staking acts as collateral, incentivizing validators to act honestly. If a validator behaves maliciously or fails to perform, they risk losing their staked tokens. Delegated Staking: Token holders can delegate their SOL tokens to validators, enhancing network security and decentralization. Delegators share in the rewards and are incentivized to choose reliable validators. 3. Economic Penalties: Slashing: Validators can be penalized for malicious behavior, such as double-signing or producing invalid blocks. This penalty, known as slashing, results in the loss of a portion of the staked tokens, discouraging dishonest actions.
Incentive Mechanisms and Applicable Fees
Solana uses a combination of Proof of History (PoH) and Proof of Stake (PoS) to secure its network and validate transactions. Here’s a detailed explanation of the incentive mechanisms and applicable fees: Incentive Mechanisms 4. Validators: Staking Rewards: Validators are chosen based on the number of SOL tokens they have staked. They earn rewards for producing and validating blocks, which are distributed in SOL. The more tokens staked, the higher the chances of being selected to validate transactions and produce new blocks. Transaction Fees: Validators earn a portion of the transaction fees paid by users for the transactions they include in the blocks. This provides an additional financial incentive for validators to process transactions efficiently and maintain the network's integrity. 5. Delegators: Delegated Staking: Token holders who do not wish to run a validator node can delegate their SOL tokens to a validator. In return, delegators share in the rewards earned by the validators. This encourages widespread participation in securing the network and ensures decentralization. 6. Economic Security: Slashing: Validators can be penalized for malicious behavior, such as producing invalid blocks or being frequently offline. This penalty, known as slashing, involves the loss of a portion of their staked tokens. Slashing deters dishonest actions and ensures that validators act in the best interest of the network. Opportunity Cost: By staking SOL tokens, validators and delegators lock up their tokens, which could otherwise be used or sold. This opportunity cost incentivizes participants to act honestly to earn rewards and avoid penalties. Fees Applicable on the Solana Blockchain 7. Transaction Fees: Low and Predictable Fees: Solana is designed to handle a high throughput of transactions, which helps keep fees low and predictable. The average transaction fee on Solana is significantly lower compared to other blockchains like Ethereum. Fee Structure: Fees are paid in SOL and are used to compensate validators for the resources they expend to process transactions. This includes computational power and network bandwidth. 8. Rent Fees: State Storage: Solana charges rent fees for storing data on the blockchain. These fees are designed to discourage inefficient use of state storage and encourage developers to clean up unused state. Rent fees help maintain the efficiency and performance of the network. 9. Smart Contract Fees: Execution Costs: Similar to transaction fees, fees for deploying and interacting with smart contracts on Solana are based on the computational resources required. This ensures that users are charged proportionally for the resources they consume.
Beginning of the period to which the disclosure relates
2024-10-21
End of the period to which the disclosure relates
2025-10-21
Energy report
Energy consumption
110.42552 (kWh/a)
Energy consumption sources and methodologies
The energy consumption of this asset is aggregated across multiple components:
To determine the energy consumption of a token, the energy consumption of the network(s) solana is calculated first. For the energy consumption of the token, a fraction of the energy consumption of the network is attributed to the token, which is determined based on the activity of the crypto-asset within the network. When calculating the energy consumption, the Functionally Fungible Group Digital Token Identifier (FFG DTI) is used - if available - to determine all implementations of the asset in scope. The mappings are updated regularly, based on data of the Digital Token Identifier Foundation. The information regarding the hardware used and the number of participants in the network is based on assumptions that are verified with best effort using empirical data. In general, participants are assumed to be largely economically rational. As a precautionary principle, we make assumptions on the conservative side when in doubt, i.e. making higher estimates for the adverse impacts.
Market cap
€39.24M
Circulating supply
360M / 2.4B
All-time high
€1.135
24h volume
€12.22M
Rating
4.0 / 5

