Sonic (prev. Fantom) (S)

Each variable is scored 1 to 10 and ranked against every other rated token, so a 7 that ranks 20th means something different from a 7 that ranks 180th. The rank is the part that is hard to get anywhere else.

Price, market cap, supply and all-time high from CoinGecko, fetched 6 Aug 2026. The 25 scores come from the research pass dated 11 Jun 2026 and don't move with price.

These are the closest matches to S measured on the shape of all 25 variables after removing overall quality, so what they share is a pattern of strengths and weaknesses rather than a similar size or price.

• [Sonic Labs] Sonic (formerly Fantom) relaunched with 10,000 TPS EVM and fee monetization for dApps
• [DeFiLlama] Sonic TVL ~$185M, growing after Andre Cronje return and DeFi incentive programs
• [Sonic Migration Docs] S token launched at FTM upgrade ratio, large legacy supply overhang existslink dead, claim unverified

One source link above no longer resolves, so we stripped the hyperlink rather than leave something that looks like evidence until you click it. The claims stay visible because they are part of the research record, but treat them as unverified. Every link was rechecked 6 Aug 2026.

What is the Early Thunder score for Sonic (prev. Fantom) (S)?

S scores 115 out of 250 on the 25-variable framework, ranking 84th of 251 rated tokens (upper half). The framework verdict is WATCH.

What are S's strongest fundamentals?

S ranks highest on TVL Trend 6/10, 19th of 251, Catalyst Calendar 6/10, 29th of 251, Team Execution 6/10, 30th of 251 and Revenue Trend 5/10, 32nd of 251. Ranks are measured against all 251 tokens in the same scoring pass.

What are the weakest parts of the S thesis?

S scores in the bottom third of the universe on Vesting Schedule 3/10, 204th of 251, Circulating / FDV Ratio 4/10, 203rd of 251 and Supply Inflation 3/10, 199th of 251. The single risk carried on the scorecard is: Heavy token releases (46% remaining), FTM rebrand legacy bagholders exiting, competing with mature EVM L2s

How much S supply is still to enter circulation?

100% of eventual S supply is circulating today, leaving 1x the current float still to arrive. At a flat price per token that is 0% of fully diluted value ahead of current holders.

How far is S from its all-time high?

S trades 97.9% below its all-time high of $1.03. Returning to that high requires a 47.6x move from the level used in this scoring pass.

Which tokens have a similar profile to S?

Measured on the shape of all 25 scored variables rather than on price, the closest matches to S are APT (116), SEI (100), IO (108) and CORE (100). Similarity here means the same pattern of strengths and weaknesses, not a similar market cap.

What is the next catalyst for S?

Andre Cronje-led DeFi network expansion; Sonic Gateway bridge to Ethereum and fee sharing with apps going live