FTM above $0.7 ahead of Sonic mainnet and S token migration
Notes FTM trading above $0.7 and lists the catalysts the author sees for the Sonic migration: no predatory VC tokenomics, high-performance EVM, sub-second finality, native credit scores and gas monetization.
$FTM (soon $S) is really not playing. Imagine the madness once @0xSonicLabs hits mainnet. t.co/G5OrkL6MB0 t.co/kosAmYgA7v
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How the calls played out · since 25 Sep 2024
Prices as of 23 Oct 2026This piece takes a view on $FTM, $S, so those moves are read against the call.
FTM above $0.7 should get even wilder with the Sonic mainnet, no predatory VC tokenomics and a high-performance EVM.
- At publication
- $0.664
- Now
- $0.0506
- vs BTC
- −94%
- After 1 month
- +3.6%
- After 3 months
- +50%
- After 1 year
- −62%
- High since
- +115% 16 Dec 2024
- Low since
- −97% 06 Aug 2026
S migration brings sub-second finality, gas monetization and an airdrop, so things will get even wilder.
- At listing
- $0.989
- Now
- $0.0521
- vs BTC
- −94%
- After 1 month
- −53%
- After 3 months
- −50%
- After 1 year
- −91%
- High since
- 0.0% 05 Jan 2025
- Low since
- −98% 26 Jun 2026
Zero has written 3 more pieces on Fantom and Sonic Labs and $FTM and $S since this one.
- Sonic five months in: $1B TVL and highest net inflows YTDOn Sonic
- Sonic gas fee monetization: up to 90% of fees back to appsBullish call on $FTM
- FTM to $1 before Sonic mainnet: the bull caseBullish call on $S
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