Sonic (S)
Rank #272
Market snapshot
- Price
- $0.023274
- Market cap
- $67.0M
- 24h volume
- $6.7M
- Circulating supply
- 2,880,000,000
- Total supply
- 3,222,625,000
- Max supply
- N/A
What is Sonic?
Sonic is a digital asset designed as a fast settlement layer for transactions involving digital assets. It operates within the Binance ecosystem and is categorized under various classifications, including layer-1 and staking.
Key information
- Symbol
- S
- CMC rank
- #272
- Network / platforms
Sonic
- Categories
- N/A
- Date added
- Jan 3, 2025
Official resources
Risks
Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.
Transfer and custody notes
Verify the asset name, network, and the destination details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.
FAQ
- What is Sonic?
- Sonic is a cryptocurrency represented by the symbol S, designed for fast settlement of digital assets.
- What are the risks associated with transferring Sonic?
- Digital asset prices can be volatile. Users should verify the asset and network before transferring assets. Self-custody requires secure private-key handling.
- How can I verify my Sonic acquisition?
- Verify the asset name, network, and destination details before transferring. Ensure the destination address is correct.
- What are the official resources for Sonic?
- You can find official resources for Sonic at [Sonic Labs](https://www.soniclabs.com/) and their GitHub repository.
