Sonic Cullies 15% AS Binance Wallet integrates with token

Sonic deviated 15% and the total locked value reached a new all the time after the binanceone banknote announced its integration with Sonic Blockckain.

Update, which was announced 1. Maja allows users to communicate with Sonic’s (S) Decentralized applications and send tokens straight from the Binance wallet interface. As part of the current campaign of Alpha projects, the stage also hinted at the air award for active merchants using a wallet on Sonic.

Although complete details are still in progress, announcements signal deeper cooperation between the bineness and the sonic ecosystem. This comes after the binactel integrated coin rewind (USDC) on Sonic 29. April to increase liquidity.

Market activity around Sonic Spiked after the news. The scope of trade increased by 182.8% to $ 275.8 million and open interest climb 20%, according to Koinglas. Defiles data It shows Sonic TVL at all times high 1.06 billion dollars, on the rise 3% of the previous day. The decentralized amount of exchange also jumped with $ 73 million per day 30. to $ 116 million. May, increases 58%.

Sonic, previously known as phantom, is a fast layer-1 block that seeks over 10,000 transactions per second and almost immediate finality. The chain is compatible in EVM and now Supports Native USDC via Croight Protocol to Transfer Chain V2, Integrated 15. April.

On the day chart, Sonic broke out of the UK trading offer that lasted most of April. It is closed above the 50-day average average and now pushes on the Upper Bollinger band. This break is supported by a growing extent. At 61, the relative power index is Bullish, but still below the level of waryed funds. This suggests that there can still be room for the rally to continue.

If the price maintains above $ 0.57, and the strength becomes high, the next significant resistance level is $ 0.60. A clear disruption above which can lead to $ 0.68. Sonic can return to its previous range of 0.45 and $ 0.50 if the interruption fails and the price falls below the 50-day movement in about $ 0.50.

Looking forward, Sonic Labs will enter Sonic Summit from 6-8 May in Vienna, Austria, with participants, including wallet trust. The intication of the main announcements at the event could maintain the bikar swing for with token.