Sonic Labs Requires Node Upgrade for Pectra Compatibility
Mandatory Node Upgrade: Sonic Labs has mandated all validators and operators to upgrade to node version 2.1.2 to enhance security and ensure network stability ahead of the Ethereum Pectra integration planned for November 2025.
Immediate Compliance Required: Node operators must act promptly to avoid network disconnection, with the upgrade also introducing native fee subsidies that benefit the network.
Market Performance Analysis: Despite the upgrade, Sonic's market performance remains bearish, with a current price of $0.16 and a significant decline of 52.79% over the past 60 days, reflecting broader market trends.
Future Implications: Experts believe that while the upgrade may not have an immediate positive impact on Sonic's market position, successful integration with Pectra could enhance its role in cross-chain applications.
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Technical Analysis for SONIC
Technical Sentiment Analysis for Sonic SVM (SONIC) As of , Sonic SVM (SONIC) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SONIC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, SONIC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sonic SVM (SONIC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0136 | 0.0238 | 0.0339 | 0.0441 | 0.0541 | 0.0643 | 0.0743 |
| Fibonacci | 0.0238 | 0.0316 | 0.0363 | 0.0441 | 0.0518 | 0.0566 | 0.0643 |
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