Crypto projects rebrand all the time; EOS is now Vaulta, and Sonic crypto was Fantom. During the last DeFi boom, Fantom emerged as a key player and remains one today. Although the rebranding from Fantom to Sonic was expected to boost the S crypto price, it’s been a tough year for holders.
Currently, S USDT is down nearly +75% from its all-time highs and continues to trend lower, based on the bearish formation in the daily chart. Following last week’s market-wide contraction, the S price sank to as low as $0.23, marking fresh all-time lows.
(Source: Coingecko)
The good news? S crypto holders remain confident that it is one of the best cryptos to buy. Data from Coinglass shows that most leveraged traders are bidding up and HODLing, with the average long/short ratio across OKX and Binance sitting at 2, meaning longs outnumber shorts two-to-one. That said, there’s cause for concern: In the past 12 hours, capital has flowed out of spot exchanges, hinting at possible liquidations into cash or stablecoins.
(Source: Coinglass)
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What to Expect from the Sonic Conference: Will S Crypto Fly to $0.50?
Whether S crypto can recover toward last week’s highs with traders bidding aggressively will hinge on supportive catalysts.
Holders are closely watching developments from the Sonic conference, which officially kicks off today, September 29, at the Pan Pacific Orchard in Singapore.
Welcome to Pan Pacific Orchard 🍃
The venue for Sonic Summit 2025: Singapore, drawing you into an urban oasis shaped by award-winning design.
See you there.
🎟️ https://t.co/F2L868eBG1 pic.twitter.com/IEcXuGJJGL
— Sonic World (@SonicWorldHQ) September 25, 2025
The two-day event is poised to deliver groundbreaking revelations that could propel S USDT higher. It will also feature hackathons, developer workshops, and investor roundtables to boost activity on the scalable, DeFi-focused Sonic blockchain.
Upcoming $S @SonicLabs singapore summit, with this perfect double bottom set up at all time low and so many catalyst around the corner:
Sonic Strategy DAT
ETF with 21Shares
Eco boost plan (Sonic Wave)
Sonic USA setup
Flying TulipIt's time to paint the charts! pic.twitter.com/06magxa9XG
— DoctorDeFi (@DoctorDeFi) September 23, 2025
Moreover, developers are expected to spotlight Flying Tulip, the on-chain DEX central to Sonic. Spearheaded by Andre Cronje, the lead behind Sonic development, the DEX could reshape decentralized trading.
Flying Tulip will introduce a decentralized matching engine that combines traditional AMMs and CLOBs, enabling low-fee perpetual trading with reduced impermanent loss and higher yields for liquidity providers.
Flying Tulip is now raising capital. If you are a USA based fund interested in investing, reach out to [email protected]
Flying Tulip is a high-performance full featured exchange, built entirely on-chain, with liquidity powered by a synthetic delta-neutral liquidity pool…
— Andre Cronje (@AndreCronjeTech) August 14, 2025
If the Sonic Conference delivers positive news, the S could rip higher and close above $0.30. Key support sits at $0.23 or last week’s lows, a level that holders must defend. A breakout above $0.30 would pave the way to $0.50, marking a refreshing recovery from the May 2025 sell-off.
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Smart Investors Turning to Bitcoin Hyper: Over $18.8M Raised
With S crypto at a critical juncture, it’s wise to diversify.
Right now, Bitcoin Hyper, the viral Layer-2 project that will scale the Bitcoin mainnet, is stealing the spotlight.
As one of the hottest crypto presales in H2 2025, Bitcoin Hyper is exceeding expectations.
Bitcoin Hyper scales Bitcoin by eliminating slow, expensive transactions and replacing them with low-fee settlements in a highly scalable environment.
Notably, it integrates the Solana virtual machine for instant Solana interoperability, and at its core, it is a secure, private canonical bridge linking the mainnet to Layer-2 via zero-knowledge proofs.
To date, Bitcoin Hyper has raised over $18.8M. With less than 24 hours left in the presale, each HYPER token is trading for $0.012995, and holders can stake for a +63% APY.
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S Crypto To Break $0.50? Bitcoin Hyper Raises $18.8M
- S crypto under pressure, slips to an all-time low
- Will S USDT breakout and close above $0.50?
- Sonic Conference in progress, Flying Tulip a major highlight
- Bitcoin Hype raises over $18.8M
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