S priceS

Sonic (S, formerly FTM) has updated the terms and conditions for its ETF token allocation plan. Sonic Labs reminded users that previously, community voting approved the allocation of up to $50 million worth of S tokens for ETFs eligible for listing in the US. However, the company announced that it has postponed the implementation of the plan due to weakening market conditions and a significant drop in the S price, and that no tokens were minted during this process to avoid creating supply pressure. The statement argued that implementing the original plan at current price levels would require the issuance of over 600 million additional S tokens, deviating from the purpose of the governance proposal. Therefore, the old implementation model would not be adopted. Sonic Labs defined new and clear terms to better align with the interests of token holders. Related News Watch Out: Security Breach on a Crypto Platform - User Assets Started Getting Stolen, Here Are the Details Accordingly, ETF allocations will only be made when the S price is above $0.50, and a maximum of 100 million S tokens can be minted. The total allocation value is strictly limited to $50 million, with smaller amounts prioritized at higher price levels. It was specifically stated that no exceptions to these conditions will be made. Sonic Labs also stated that the S tokens used in the ETFs will remain locked within the regulated product and will not enter the secondary market, thus not creating additional selling pressure. The company argued that it sees the ETFs to be listed in the US as a long-term strategic priority, aims to provide compliant Sonic access to institutional investors, and that any future updates will be shared through transparent communication and governance processes. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!

$S - Mcap 224.64M$ - 82%/ 79.9K votes Bullish SC02 M1 - pending Long order. Entry lies within LVN + not affected by any weak zone, estimated stop-loss around 1.26%. The uptrend is in the 335th cycle, amplitude 12.10%. #TradingSetup #CryptoInsights

BlockBeats News, December 24, Sonic Labs updated its airdrop economic strategy, stating that since June 19, 2025, Sonic has issued 1.9 billion S tokens through community governance voting to kickstart the ecosystem and has completed multiple airdrop distributions, including Season 1 (approximately 89.5 million S), Season 2 (approximately 6 million S), and the Kaito Campaign (approximately 2.8 million S). Currently, Sonic Labs holds approximately 92.2 million S tokens for future airdrop incentives planned between 2026 and 2027.

Congrats @Captain_Owens, You’re stepping in at a challenging phase: ✅Weak $S price action, ✅Shaken community trust, and ✅Very few visible catalysts. A big responsibility lies ahead. Wishing you strength and clarity to turn things around.