Fantom(Sonic) Is Testing Strong Support; Correction Finished?
Nov 11, 2025

Fantom(Sonic)

Fantom has rebranded and migrated to a new blockchain called Sonic (S). The migration swaps FTM tokens 1:1 for S tokens, introducing a faster, more scalable network capable of up to 10,000 transactions per second with sub-second finality. Sonic aims to improve performance, developer incentives, and user experience while most exchanges and wallets now support the migration automatically.

Fantom (Sonic) is testing the 2022 lows, but notice that it can be finishing the wedge pattern within wave C of a larger ABC corrective decline. So, be aware of limited weakness, and watch out for a bounce and recovery, just keep in mind that first bullish evidence is only above 0.45 area.

Fantom(Sonic) Is Testing Strong Support; Correction Finished? Fantom(Sonic) Weekly Chart
Fantom(Sonic) Weekly Chart

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