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Sonic started 2025 with a vertical chart and a loud bang.
TVL surged from $25.4M (Jan 1) to $983M (Apr 1), a staggering +3,770% run in 90 days.
Then came a healthy slowdown, often seen within these ranges:
+0.8% in May
–14.9% in June
Now down another –5.8% by June 11.
And yet:
• TVL is still 31× above Jan
• Daily users hover around 50K+
Higher soon?