#SONIC The Current Landscape for $S Sonic eco Alts, when pump?!
With $BTC just ~6% off its all-time high and #Total2 breaking out of its downtrend, the shift from Risk-Off to Risk-On is well underway.
🔷General Market:
🔹 Stablecoin dominance is dropping across major chains, sign for capital rotation.
🔹 BTC.D appears to have topped around 65%, hinting at the early stages of altcoin rotation
🔷Now, Let’s Talk Sonic $S:
Right now, Sonic is sitting on a massive pool of idle capital:
🔹 Total Value Locked (TVL): $1.08 Billion
🔹 Stablecoin mcap: $527 Million (~48.8% of TVL) 🔹 USDC Dominance (within stables): 91% This
means nearly half of all capital on Sonic is in stablecoins, with the bulk of it in liquid, ready-to-deploy USDC.
🔷The Gameplay:
As stablecoin dominance drops, it signals capital rotating into alts, DeFi, and native protocols.
With $527M in stables, even a small shift could trigger major upside across Sonic tokens.
🔶One caveat:
If fresh capital enters as stablecoins, dominance may stay high despite a rally. Focus on the trend, not just the %. It’s deployment, not deposits, that moves markets.