Can Sonic’s DeFi outpace Solana, Ethereum as addresses hit ATHs?

• Sonic’s distinctive addresses hit an all-time excessive as its TVL skyrocketed to nearly $1 billion
• Sonic’s stablecoins and DeFi ecosystem are thriving, with high-volume buying and selling throughout a number of DEXs

An evaluation of Sonic (S), previously Fantom, and its distinctive addresses chart established a most whole of 1,379,604 addresses, with the identical rising by 13,516 every day. In truth, from mid-December 2024, Sonic Distinctive Addresses have demonstrated a speedy growth for nearly per week.

This was adopted by a stabilization interval from mid-December via mid-January, earlier than the beginning of fixed progress that spiked in direction of the top of February 2025. This ultimately led to the latest spate of ATHs.

Sonic’s market growth achieved its progress via community acceptance and DeFi progress – Bringing extra customers into its ecosystem.

Supply: Sonicscan

The Sonic community strengthened its consumer base via incentive presents and distributed free property to customers for brand spanking new pockets account setups. This, mixed with the implementation of cross-chain options, has actually helped enhance asset switch performance.

New addresses developed on the community mirrored rising on-chain exercise that enhanced consumer transactions and liquidity. This, whereas additionally attracting extra customers to take part in staking. This additionally led to Sonic’s market demand progress strengthening its long-term potential, particularly after its improve.

Why is Sonic’s DeFi thriving?

This on-chain spike led to sturdy progress throughout Sonic’s DeFi ecosystem due to excessive buying and selling exercise in its main decentralized exchanges, whole worth locked (TVL), and stablecoin provide progress, along with necessary platform partnerships.

The DEX buying and selling volumes had been led by ShadowOnSonic, which stood at $38.6M, whereas SwapXfi reached $10.3M, and WagmiCom introduced in $7.4M.

Main tasks that joined Sonic included AAVE, Beets.fi, and Pendle Finance in 2025. These will contribute to a fair better surge of liquidity. Circle will even be releasing native USDC with CCTP V2.

Sonic’s TVL grew by 87% over the previous month and stood at $951.96 million at press time – An indication of sturdy neighborhood adoption. The Market Cap/TVL ratio stood at 2.2x for S, whereas Solana held a better ratio of 12.7x – An indication that S has substantial market potential that’s but to be unlocked.

Supply: DeFiLlama

The growth of Sonic’s DeFi capabilities additionally depends upon stablecoins, with the identical now exceeding $250 million in market worth. The native USDC integration via Circle’s CCTP V2 presents to remodel the cross-chain liquidity market by changing bridged USDC.e.

The chain improve introduced prompt USDC minting talents between chains, which eradicated troublesome bridges alongside their related delays.

The increasing metrics have created optimum situations for Sonic’s worth discovery, whereas solidifying its position as a high DeFi blockchain. The introduction of non-custodial lending through SiloFinance and superior DeFi instruments through ChainGPT have positioned Sonic to offer stiff competitors to chains like Solana and Ethereum, earlier than dominating the subsequent market cycle.