BREAKING
245d 8h ago

Binance Confirms Sonic (S) Supply Increase — Circulating Supply Up 14.2%; $50M ETF Allocation Pending After Sonic USA Approval

UNI

UNI/USDT

$3.483
+3.54%
24h Volume

$99,722,355.04

24h H/L

$3.554 / $3.339

Change: $0.2150 (6.44%)

Long/Short
69.4%
Long: 69.4%Short: 30.6%
Funding Rate

+0.0036%

Longs pay

Data provided by COINOTAG DATALive data
Uniswap
Uniswap
Daily

$3.486

3.84%

Volume (24h): -

Resistance Levels
Resistance 3$3.8615
Resistance 2$3.6747
Resistance 1$3.547
Price$3.486
Support 1$3.4597
Support 2$3.3618
Support 3$3.2838
Pivot (PP):$3.4597
Trend:Sideways
RSI (14):62.2

Binance on Sept. 3 confirmed that, following a governance-approved Sonic proposal, the total supply of Sonic (S) will expand from approximately 3.41 billion to about 3.89 billion, representing a circulating supply uplift of 472 million tokens, or roughly 14.2%. The exchange stated an additional $50 million worth of Sonic will be issued only upon completion of the final ETF protocol, and that its trading interface will synchronize a risk warning pop-up and banner.

COINOTAG previously reported that the Sonic Labs community ratified the “U.S. Market Expansion and TradFi Adoption Plan,” enabling the establishment of Sonic USA LLC. Approved token allocations include a $50 million ETF quota, a $100 million Nasdaq PIPE facility, and the issuance of 1.5 billion S tokens earmarked for Sonic USA.

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