Solana vs Sonic (Fantom)

General

Description

Solana Logo
Solana
 (SOL)

Solana is a highly scalable computing platform for executing smart contracts. Thanks to technical innovations like the combination of Proof of Stake and Proof of History, it can handle up to 65,000 transactions per second with extremely low network fees. This has positioned Solana as one of the strongest competitors to Ethereum.

What is Solana?
Sonic (Fantom) Logo
Sonic (Fantom)
 (S)

Sonic, formerly known as Fantom (FTM), is a new Layer-1 blockchain designed with a strong focus on developer needs. With speeds of up to 10,000 transactions per second (TPS) and sub-second finality, applications can run quickly and securely. A native bridge to Ethereum and a monetization model called “Fee Monetization” allow developers to earn up to 90% of the transaction fees generated by their applications.

What is Sonic (Fantom)?
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Purpose and goals

Solana Logo
Solana
 (SOL)
  • Smart contract platform
  • High scalability
  • Low fees
Sonic (Fantom) Logo
Sonic (Fantom)
 (S)
  • Developer-friendly ecosystem
  • High performance
  • Smart contract platform
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Price and market data

Chart

Solana
 (SOL)

$118.92

+6.1%
Sonic (Fantom)
 (S)

$0.0386

-0.3%
1D
1W
1M
1Y
Max
Market data
SolanaSonic (Fantom)
All-time high
$293.31
Jan 19, 2025
-59.4%
$1.0290
Jan 04, 2025
-96.3%
Crypto all-time highs
Market cap
$69.92B
$149.99M
Market share
2.46%
0.0053%
Transaction volume (24h)
$4.41B
+47.3%
$26.99M
Exchange rate

1 SOL = $118.92

1 S = $0.0386

SOL converterS converter
AI prediction 2026
$148.41
+25.1%
$0.0523
+35.7%
SOL predictionS prediction
Price trend
Positive
(16/30 days)
Positive
(18/30 days)
Momentum
Neutral
NegativePositive
Neutral
Neutral
NegativePositive
Neutral
Relative Strength Index
Sell
BuySell
Sell

68.3

Sell
BuySell
Sell

65.9

News sentiment
Positive
NegativePositive
Positive (98/100)

Last 7 days

Neutral
NegativePositive
Neutral (60/100)

Last 12 months

SOL newsS news
Price performance
--2.0%
--3.5%
Price performance
++6.1%
--0.3%
Price performance
++14.9%
++26.2%
Price performance
--41.0%
--83.5%
Annual return
--2.3%
--47.5%
Annual return
--34.6%
--90.9%
Annual return
++87.3%
–
SOL returnsS returns
Average annual return
++1,728.9%
--69.2%
Max supply
–
–
Circulating supply
587.78M
3.89B
Inflation
8.14%
Year
–
Year
Crypto inflation

On-chain data

SolanaSonic (Fantom)
Total Value Locked (TVL)
$6.57B
$17.51M
What is Total Value Locked?
Market cap/TVL (ratio)
10.64
8.57
Transactions (24h)
114.6M
–
Active addresses (24h)
5.21M
–

Our rating

What we think

Solana Logo
Solana
 (SOL)
Solana has established itself as a significant Ethereum alternative with a strong developer community and successful projects across DeFi, NFTs, and gaming. However, its high scalability and low fees come with trade-offs: critics point to centralization tendencies and past network outages. Following the turbulence from the FTX collapse in 2022, the ecosystem has recovered remarkably well. Network stability has improved significantly - 2024 saw only one major outage. With the upcoming launch of Firedancer and continued growth in DeFi and memecoins, Solana demonstrates it can establish itself as lasting blockchain infrastructure. We view Solana as an exciting but not yet fully mature project with tremendous potential.
What is Solana?
Sonic (Fantom) Logo
Sonic (Fantom)
 (S)
Sonic (formerly Fantom) builds on the Fantom ecosystem and introduces new strengths with sub-second transaction finality, up to 10,000 TPS, and a strong developer focus. Its fee monetization model, which allocates up to 90% of collected fees to developers, could foster a vibrant app ecosystem rapidly. The 1:1 swap from FTM to S-Tokens facilitates migration for the existing community but also brings potential uncertainties and some fragmentation during this phase. The extensive airdrop program with 190.5 million S-Tokens aims to accelerate user acquisition but may cause short-term volatility and speculative trading. The Sonic Gateway, a native bridge to Ethereum, promises greater security and speed than typical cross-chain solutions but still needs to prove itself in real-world usage. While Fantom has demonstrated strong performance and high total value locked, it remains uncertain if Sonic can sustain the same reliability and security that established networks have shown over years. Overall, Sonic shows significant potential to continue and expand Fantom’s success story. Whether its mix of advanced technology, innovative incentives, and seamless migration will hold up long-term is yet to be determined in practice.
What is Sonic (Fantom)?
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Key data

Key data
SolanaSonic (Fantom)
Sector
Smart Contracts
Smart Contracts
Key feature
Performance
Performance, Interoperability
Founder
Anatoly Yakovenko, Raj Gokal
Michael Kong (Sonic), Dr. Ahn Byung Ik (Fantom)
Developer
Solana Labs, Solana Foundation
Sonic Foundation
Published
2017
2018
Institutional investors
  • a16z Crypto
  • Slow Ventures
  • Multicoin Capital
  • Delphi Digital
  • BlockTower Capital
  • Jump Capital
  • etc.
  • Alameda Research
  • 8 Decimal Capital
  • DHVC
  • Arrington XRP Capital
  • Signum Capital
  • CCK Ventures
  • etc.
Social media
4.19M followers
805,350 followers
Website
solana.com
www.soniclabs.com
Whitepaper
Whitepaper
Whitepaper

Technical details

Technical details
SolanaSonic (Fantom)
Blockchain
Solana Blockchain
Sonic Blockchain
Consensus mechanism
Proof of History, Proof of Stake
Proof of Stake
Staking
Yes
Yes
Open source
Yes
Yes
Energy consumption
Low
Low
Transactions per second
65,000 TPS
10,000 TPS
Solana vs Sonic (Fantom)

Solana or Sonic (Fantom)

Market data comparison of SOL versus S

The current price of Solana is $118.92 and has decreased by 2.0% in the last 24 hours. Sonic (Fantom) is currently trading at $0.0386, with a drop of 3.5% over the same period. Solana has a market cap of $69.92B and ranks 7th. Sonic (Fantom) follows with a market cap of $149.99M, ranking 228th — meaning it is valued lower.

We automatically update all market data every 15 minutes, so you always have the latest figures for your comparison.

Should I buy Solana or Sonic (Fantom)?

You should be aware that investing in cryptocurrencies carries risks, and we are neither allowed nor intending to provide investment advice. Still, we'd like to offer some food for thought: consider the opportunities and risks associated with both Solana and Sonic (Fantom). What target markets and problems are these two projects aiming to address?

If you're still unsure whether to invest in Solana or Sonic (Fantom), you can take a look at some additional market data to help with your decision:

Currently, Solana is about -59.4% below it's all-time high of $293.31 reached Jan 19, 2025.
In comparison, Sonic (Fantom) is down approximately -96.3% from it's all-time high of $1.0290 Jan 04, 2025.
Solana currently has a 16,244.4% higher 24h transaction volume of $4.41B compared to Sonic (Fantom) with $26.99M.
Over the past year, Solana achieved a total return of -41.0%, while Sonic (Fantom) returned -83.5%. Keep in mind, however, that past performance rarely guarantees future results.

Additional criteria for comparing cryptocurrencies:

  • What problem does the project aim to solve, and is a decentralized network meaningful and necessary for it?
  • How actively is the network being used?
  • Does the project have a large and active community?
  • How strong is the development activity? (e.g., on GitHub)
  • How decentralized is the underlying blockchain and the project itself?

How we evaluate cryptocurrencies

These are just a few indicators you can use to better evaluate and compare cryptocurrencies like Solana and Sonic (Fantom). Cryptocurrencies and their underlying technologies are often difficult to compare — even for professionals. So don’t stress yourself out, and never let emotions or fear of missing out drive your investment decisions.

Where can I buy Solana or Sonic (Fantom)?

Today, there are many reputable and secure exchanges that make it easy to invest in Solana and Sonic (Fantom). We're happy to help you choose the right one: simply use our exchange comparison tool to find the platform that best suits your needs. Both Solana and Sonic (Fantom) are well-known and in high demand, which means they're available on most major exchanges.

Crypto exchanges comparison

Which crypto wallet is best for Solana and Sonic (Fantom)?

If you want to store cryptocurrencies like Solana or Sonic (Fantom) yourself, choosing the right wallet is essential. Consider your personal preferences when deciding: Is ease of use important to you? Do you prefer maximum security with a hardware wallet (USB device), or is a software wallet sufficient for your needs? Our crypto wallet comparison helps you find the best wallet for Solana, Sonic (Fantom), and many other cryptocurrencies.

Crypto wallets comparison