Sonic (S) news: what is happening today

Market summary from our own Hyperliquid data · updated 2026-07-25 04:14 UTC
Sonic climbs 16.56% in a month, as our model stays defensive
Sonic is up 16.56% over a month. What follows is what sits behind that move: large-wallet positioning, derivatives, our own model.
What matters on Sonic right now?
Our own rules-based model reads Sonic at 31/100, which is SELL territory. What stands out right now:
- The trend still points downPrice is below the 50-day average and below the 200-day; the two are 39.18% apart.
- Sonic is parked in the lower third of its 90-day range13% of the way up a 90-day range that runs $0.01811 to $0.05846.
- Where the leverage sitsFunding runs at 10.95% a year — longs pay shorts, with $788 K of open interest.
What does the Sonic data show?
1. The trend still points down
Price trades below its 50-day average and below its 200-day, with the two averages 39.18% apart. Market structure is still making lower highs and lower lows. The most recent daily candle pattern is bullish engulfing. RSI (14) is 37.7.
2. Sonic is parked in the lower third of its 90-day range
Sonic is 13% of the way up its 90-day range, which runs from $0.01811 to $0.05846; over 30 days the market is +16.56%. The same headline number means something different at the top of a range than at the bottom — which is why position is worth naming.
3. Where the leverage sits
Perpetual funding runs at 10.95% annualised, so longs are paying shorts to keep their positions open. Funding is a crowding tax: the more one-sided the book, the more it costs to stay on that side, and the more likely the weakest hands there get squeezed out. Open interest stands at $788 K — that is the size of the leveraged book that has to be closed eventually.
What has already happened to Sonic?
June 2026
- Sonic closed at a 365-day low of $0.02000Previous trough of the 365-day window $0.02089, undercut by 4.23%−4.23%
- Sonic closed at a 365-day low of $0.02089Previous trough of the 365-day window $0.02374, undercut by 12.03%−12.03%
- Sonic closed at a 365-day low of $0.02374Previous trough of the 365-day window $0.02503, undercut by 5.16%−5.16%
- Sonic closed at a 365-day low of $0.02503Previous trough of the 365-day window $0.02698, undercut by 7.20%−7.20%
- Sonic closed at a 365-day low of $0.02698Previous trough of the 365-day window $0.02789, undercut by 3.28%−3.28%
- Sonic closed at a 365-day low of $0.02789Previous trough of the 365-day window $0.02937, undercut by 5.03%−5.03%
- Sonic closed at a 180-day low of $0.02960Previous trough of the 180-day window $0.03326, undercut by 11.00%−11.00%
- Sonic closed at a 180-day low of $0.03326Previous trough of the 180-day window $0.03694, undercut by 9.95%−9.95%
- Sonic closed at a 180-day low of $0.03701Previous trough of the 180-day window $0.03852, undercut by 3.92%−3.92%
May 2026
- Sonic closed at a 90-day high of $0.05402Previous peak of the 90-day window $0.05034, exceeded by 7.31%+7.31%
Show the earlier history (30 more entries)
April 2026
- Sonic moved +11.32% in a day, 3.4× its 30-day volatility30-day standard deviation of daily returns 3.37%+11.32%
February 2026
- S open interest rose 134.00% to $2.5 M while price moved +12.49%: new longs buildingCompared with a point 1 day(s) earlier; rule: price and open interest moving together means new positions+12.49%
- Sonic closed at a 180-day low of $0.04210Previous trough of the 180-day window $0.04778, undercut by 11.90%−11.90%
- Sonic closed at a 180-day low of $0.04778Previous trough of the 180-day window $0.04981, undercut by 4.08%−4.08%
- Sonic closed at a 180-day low of $0.04981Previous trough of the 180-day window $0.05221, undercut by 4.60%−4.60%
January 2026
- Sonic closed at a 180-day low of $0.05221Previous trough of the 180-day window $0.06141, undercut by 14.97%−14.97%
- Sonic moved −15.13% in a day, 3.2× its 30-day volatility30-day standard deviation of daily returns 4.72%−15.13%
- Sonic closed at a 180-day low of $0.06141Previous trough of the 180-day window $0.06591, undercut by 6.83%−6.83%
- Sonic closed at a 180-day low of $0.06591Previous trough of the 180-day window $0.07031, undercut by 6.25%−6.25%
December 2025
- Sonic closed at a 180-day low of $0.07121Previous trough of the 180-day window $0.07365, undercut by 3.31%−3.31%
- Sonic closed at a 180-day low of $0.07458Previous trough of the 180-day window $0.07874, undercut by 5.28%−5.28%
- Sonic closed at a 180-day low of $0.07874Previous trough of the 180-day window $0.08297, undercut by 5.09%−5.09%
- Sonic closed at a 90-day low of $0.08297Previous trough of the 90-day window $0.08716, undercut by 4.81%−4.81%
- Sonic closed at a 90-day low of $0.08716Previous trough of the 90-day window $0.09048, undercut by 3.67%−3.67%
- Sonic closed at a 90-day low of $0.09180Previous trough of the 90-day window $0.09509, undercut by 3.46%−3.46%
- Sonic closed at a 90-day low of $0.09509Previous trough of the 90-day window $0.1041, undercut by 8.62%−8.62%
November 2025
- Sonic closed at a 90-day low of $0.1054Previous trough of the 90-day window $0.1143, undercut by 7.80%−7.80%
- Sonic closed at a 90-day low of $0.1143Previous trough of the 90-day window $0.1201, undercut by 4.79%−4.79%
- Sonic moved +33.86% in a day, 4.4× its 30-day volatility30-day standard deviation of daily returns 7.74%+33.86%
- Sonic closed at a 90-day low of $0.1219Previous trough of the 90-day window $0.1376, undercut by 11.37%−11.37%
October 2025
- Sonic closed at a 90-day low of $0.1376Previous trough of the 90-day window $0.1437, undercut by 4.29%−4.29%
- Sonic closed at a 90-day low of $0.1437Previous trough of the 90-day window $0.1592, undercut by 9.70%−9.70%
- Sonic closed at a 90-day low of $0.1650Previous trough of the 90-day window $0.1714, undercut by 3.73%−3.73%
- Sonic closed at a 90-day low of $0.1764Previous trough of the 90-day window $0.2294, undercut by 23.12%−23.12%
- S open interest fell 73.75% to $3.1 M while price moved −35.45%: longs unwindingCompared with a point 1 day(s) earlier; rule: price and open interest moving together means new positions−35.45%
- Sonic moved −35.45% in a day, 8.2× its 30-day volatility30-day standard deviation of daily returns 4.32%−35.45%
- Sonic moved +11.41% in a day, 3.2× its 30-day volatility30-day standard deviation of daily returns 3.58%+11.41%
September 2025
- Sonic closed at a 90-day low of $0.2294Previous trough of the 90-day window $0.2495, undercut by 8.05%−8.05%
- Sonic closed at a 90-day low of $0.2495Previous trough of the 90-day window $0.2791, undercut by 10.62%−10.62%
- Sonic moved −12.79% in a day, 4.1× its 30-day volatility30-day standard deviation of daily returns 3.09%−12.79%
Entries are produced by the Spottrench algorithm from Hyperliquid data.
What is next for Sonic?
Dates we can verify and levels that would change the read on Sonic. No project roadmaps here — only schedules that exist on-chain or in the company calendar, and thresholds measured from our own data.
Unlock schedule from DefiLlama; earnings dates from the company calendar.
The bottom line
Pulling it together, our combined signal reads SELL (31/100, where 50 is neutral). On the last closed day Sonic fell 0.47% against a category median of +0.00%, with 88 of 177 markets in the category closing lower. We do not claim to know why Sonic moved — everything above is measurement, not a cause.
Frequently asked questions
What is the latest news on Sonic?
The most recent development we recorded is: The trend still points down (2026-07-21). This page is a dated log computed from market data rather than a press feed — every entry is a measurement with the date it happened.
How often is the Sonic page updated?
Once a day: it is recomputed after the daily candle closes, and the time of the last update is printed at the top of the page. Log entries are dated by the day the event happened, not the day we published it.
Where does the Sonic data on this page come from?
From Hyperliquid directly: daily candles, open interest, funding and the on-chain positions of active large wallets. Nothing here is copied from another site's article, and no language model writes the text — the wording is generated from the numbers by fixed rules.
Is this Sonic page investment advice?
No. It is an algorithmic summary of measured market data from Hyperliquid — price moves, positioning, derivatives and our own model. It is not investment advice and past performance does not guarantee future results.
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