Why Sonic’s 558% volume spike could be more than a relief rally

Sonic [S] surged by over 18% in the past 24 hours at press time, following a revival in trading activity and interest in the token. The daily trading volume has confirmed the increased user involvement as it rose by 558% to about $60 million.

6 月 26 日，山寨币的价格下跌了 12%，部分原因是 Sonic Labs 高管 Michael Kong、Andre Cronje 和 David Richardson 的辞职。 In response, new CEO Matt Visser has outlined fresh initiatives aimed at stabilizing the token’s long‑term value.

Sonic suspends annual token inflation, fuels chain activity

As per Sonic Labs’ new announcement, the planned annual token inflation has been suspended as the team aims to stop it permanently.这意味着原定发行的S代币数量已被停止，从而重新燃起了投资者对该项目的兴趣和信心。 As a result, trading activity increased by more than fivefold, as previously mentioned.

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Consequently, chain activity jumped as seen in two key metrics.例如，Sonic 的唯一地址在添加 487 个地址后达到 720 万个历史新高。

Source: SonicScan

此外，在此期间，每日交易数量增加，从 184K 增加到 216K。 This represented a 32K spike, which was equivalent to more than 17%.

This data showed that fundamentals not only impact the price action but also the network activity. Notably, the initial surge in network activity was as a result of immense selling activity.

音速接近关键阻力区

价格图表反映了同样的强度。也就是说，Sonic 在早些时候的价格下跌之后从下降趋势通道的中间上升。 The channel has been in place since mid-May, with every strike of the upper trendline met with rejection.

Sonic was approaching a sloping trendline, and a breakout above it could shift the market structure. This outcome appears more likely as the Bull Bear Power indicator shows buyers holding strong dominance. Still, the trendline may act as resistance to further gains.净交易量数据证实了这一点，截至发稿时已售出约 936 万枚 S 代币。

Source: S/USDT on TradingView

If the latter happens, it could mean the small uptrend is not sustainable, at least in the short term.否则，突破该水平后价格持续上涨将表明该策略可能会长期稳定 S 代币价值。

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最终摘要

Sonic price surges 18% as the team announced the suspension of annual token inflation.
S price was approaching the upper resistance of the trendline, where its reaction around this level will determine its next move.