Here’s Why Sonic (S) Price Pumped 50% In February Despite Crypto Market Crash

The price of Sonic (prev FTM) saw a 50% increase in February 2025, even as the broader cryptocurrency market faced downward pressure. Data from DeFiLlama indicates that the Total Value Locked (TVL) in Sonic EVM surged past $700 million, showing strong investor interest. A key development occurred on February 15, 2025, when Solana-based meme coins