The Fantom network completed a vital transformation on 13 January 2025, rebranding to Sonic and replacing the native FTM with $S in a 1:1 token swap.

The rebrand was part of a massive strategy to resurrect the ecosystem through performance enhancements to attract new capital and users.

Meanwhile, the results appear visible months after the move.

Artemis data shows the Sonic blockchain attracted $1.3 billion in net inflows year-to-date, outperforming all tracked ecosystems.

While developments such as Donald Trump’s pro-crypto stance and friendlier regulations have seen most blockchains flourish this year, Sonic’s retention and inflows remained unmatched.

With $1.3 billion net flows, Sonic stayed well ahead of networks like Ethereum, Unichain, Base, and Solana.

The details show Sonic achieved $3.4 billion inflows and $2.1 billion outflows, translating to $1.3 billion net.

That reflects a healthy ecosystem and investor conviction of lucrative performance, with users holding more funds in the platform without quick rotations.

Base and Solana followed with relatively lower net flows, while Ethereum maintained a more balanced activity.

While broad-based rallies contributed to Sonic’s impressive performance since January, various factors added to the momentum.

First and foremost, the blockchain attracted attention due to its rebrand, which was more than a name change.

The transformation renewed developer enthusiasm, while the fresh start reinvigorated marketing energy.

For instance, Sonic Labs collaborated with Alchemy Pay in late March to boost S coin adoption.

Furthermore, the smooth swap from FTM to S elevated the network’s appeal. It demonstrated its technical reliability.

The non-friction transition reassured existing users while showcasing Sonic’s dedication to growth.

Also, Sonic has onboarded new DeFi projects and announced infrastructure upgrades since rebranding.

For instance, the network integrated Circle’s stablecoin USDC to bolster cross-chain liquidity.

Native @USDC. CCTP V2 by @Circle. Now live on Sonic.

All eyes will remain on Sonic’s performance in the remaining months of 2025.

Factors such as continued upgrades, user and developer retention, and strategic collaborations will be key for continued growth.

The native token’s price has witnessed quite a ride in the past months.

S climbed to YTD highs of $0.9905 in February before plummeting.

It trades at $0.4885 after losing 5% and 18% in the past day and week.

Sonic displays bearishness after rejection at the vital resistance near $0.6 on 13 May.

S largely reflects broad market sentiments.

Solid bull runs will catalyze a sharp U-turn for the alt.

Furthermore, the growing ecosystem will be crucial for stable long-term performance.

The altcoin will likely attract more liquidity as the massive inflows draw users looking for profitable crypto projects.

The post Sonic ($S) dominates 2025 net flows with $1.3B, following Fantom rebranding appeared first on Invezz

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