The much-awaited Sonic Coinbase listing is now official. A next-gen Layer-1 crypto platform with Ethereum security bridge, is set to launch trading on Coinbase on June 24, 2025, around 9 AM PT, depending on liquidity.
The moment this exchange made the listing announcement on its official X account, the Sonic price surged by over 15% in the last 24 hours The S price target $1 is being discussed widely as technical indicators begin to show positive signs.
Source: Coinbase Assets
With the launch going live today, many anticipate this can start a strong breakout. Here’s everything you need to know about this new launch and what price may do next.
It is a Layer-1 blockchain project that brings its own network while still connecting with Ethereum. As per Wu Blockchain, Coinbase in its latest new debut announcement, shared that trading for the S-USD pair will begin on June 24, but only in regions where it is supported.
Source: Wu Blockchain
In the latest crypto news today, this exchange warned users not to send the tokens over other networks or funds may be lost. The Coinbase listing will happen directly on the official network, making this a unique event in the world of crypto token trading.
At the time of writing, the S token price stands at $0.2932, gaining 15.45% in the last 24 hours. The market cap has climbed to $844.59 million, while the 24-hour volume has surged to $183.13 million, up 34.18%, as per CoinMarketCap data.
This surge clearly answers the question: why is Sonic price going up today? The answer — the Coinbase listing.
Here’s a breakdown of the S price prediction, based on key indicators like RSI, MACD, and trading volume, as shown in the TradingView chart.
Source: TradingView
RSI: 33.59 — showing recovery from oversold levels
MACD: Negative but flattening — reversal likely
Volume: Rising — buyer interest is growing fast
These signs point toward a positive short-term and mid-term outlook.
Short-Term Prediction (1–7 Days): $0.32 to $0.35
As the excitement continues, the S price prediction for the next few days ranges from $0.32 to $0.35. This rise could happen as traders buy the dip and volume keeps building.
Mid-Term Outlook (2–3 Weeks): $0.38 to $0.42
As per my technical analysis being a crypto observer, If buying pressure remains strong, S token trading could push the price toward the $0.38–$0.42 level.
Long-Term Forecast (1–2 Months): $0.50 and Beyond
In the longer run, the Sonic price prediction aims at $0.50 or higher, if momentum continues. But a drop below $0.26 could cancel this bullish trend.
Right now, S price target $1 seems ambitious but not impossible. A gain of 240% is needed from current levels. For this to happen:
RSI must go above 50
MACD must confirm a bullish crossover
Volume must stay consistently high
This new listing announcement momentum must continue
If these conditions are met, $1 could be the next major milestone.
The sonic coinbase listing has made this project one of the most-watched altcoins of the week. With strong technical signals, growing interest, and a trusted exchange backing it, the coin might be preparing for a big breakout nearing S price target $1 soon. So watch the price closely as the debut of this token goes live today.
Sara Sethiya is an experienced crypto journalist with five years of experience in blockchain research, price movements, and market analysis. With a background in mass communication and journalism, she specializes in data-driven news articles, in-depth market reports, and SEO-optimized content. As a team lead and content writer at CoinGabbar, she examines on-chain metrics, evaluates liquidity trends, and analyzes tokenomics to uncover market patterns. Her analytical approach helps traders and investors interpret market shifts, identify potential opportunities, and understand the broader impact of blockchain innovations on the financial ecosystem.