Sonic Labs CEO Mitchell Demeter says the company is entering a new stage focused on real growth and long-term value instead of hype. After spending six weeks learning about the company’s structure and goals, Demeter said Sonic is now ready to move forward with a “fundamentals-first” plan.
Sonic Labs CEO Mitchell Demeter says the company is entering a new stage focused on real growth and long-term value instead of hype. After spending six weeks learning about the company’s structure and goals, Demeter said Sonic is now ready to move forward with a “fundamentals-first” plan.
The company wants to strengthen its network, expand its user base, and build tools that last. Sonic also plans to make changes to how its S token works — adding features that could make it deflationary and more rewarding for users who hold or build on it.
Even though the S token has dropped about 3% this week, trading around $0.14, Demeter said Sonic’s finances are stable and the company’s treasury is in good shape.
Demeter also said that price matters because it shows confidence in the project. “Price reflects confidence,” he said. “But price alone isn’t the goal. It’s the outcome of consistent vision, solid fundamentals, and credible execution which builds a foundation for long term growth.”
He added that a healthy token price helps attract more developers and investors.
Sonic’s next move largely depends on Bitcoin’s direction and overall market sentiment. A strong Bitcoin bounce could help Sonic retest higher levels, but if the crypto market weakens, the token risks slipping to new lows.
Sonic remains in a long-term downtrend since early 2025, repeatedly failing to break resistance levels. The next major test lies between $0.21 and $0.22, a zone that has rejected the token multiple times.
If Sonic can break above this range, it could rally toward $0.27 to $0.30, an 80–90% potential upside. However, failure to break out may trigger another correction toward $0.11.
