Fantom (FTM) and Sonic (S) Price Prediction 2026 to 2030: What Happened to FTM?

Last Updated: October 30, 2026

Quick Answer: Fantom (FTM) no longer exists as an active market: it was upgraded 1:1 into Sonic (S), whose network launched on December 18, 2024, and the old Fantom Opera network was retired on June 30, 2026. S trades near $0.042 as of October 30, 2026, with a market cap of about $120 million (#164 on CoinMarketCap), about 96% below its January 2025 high. The two forecast models we track put S between about $0.019 and $0.034 at the end of 2026 and between about $0.049 and $0.081 in 2030; they disagree sharply, and neither is a target of our own.

Fantom was a proof of stake smart contract network whose FTM token peaked in the 2021 bull market. In August 2024 its team announced a move to the Sonic Labs brand, and in December it launched a new chain, Sonic, with S as its native token. Anyone searching for an “FTM price prediction” today is really asking about S, because FTM can only be upgraded, not traded on the main exchanges.

This update explains how FTM became S, what happened to the old Opera network, the current S data and the latest third party forecasts for 2026 to 2040.

Key Takeaways

• FTM to S is 1:1. Sonic Labs announced on December 18, 2024 that “FTM holders can now upgrade their tokens to S on a 1:1 basis”
• Fantom Opera is retired. Sonic Labs set 5:00 PM GMT on June 30, 2026 as the cutoff for Opera users and the Opera bridge; the ERC-20 FTM route and the Sonic Gateway were not affected
• S trades near $0.042, down about 43% in 2026 and about 96% below its all-time high of $1.03 from January 4, 2025
• S hit an all-time low of about $0.019 on June 25, 2026, days before the Opera cutoff, then rose to an intraday high of about $0.073 on October 13 before falling back
• Total value locked on Sonic was about $16.7 million on October 28, 2026, down about 98.5% from a peak of $1.14 billion in May 2025, according to DefiLlama
• The two models we track put S at about $0.019 to $0.034 for the end of 2026 and $0.049 to $0.081 for 2030

FTM vs S: What Changed?

The upgrade happened in stages. According to the Fantom migration documentation, a two way swap between FTM and S ran from December 18, 2024 to March 31, 2025, and from March 31, 2025 only one way swaps from FTM to S were possible.

On April 7, 2026, Sonic Labs announced that users still on Fantom Opera, or using the Opera FTM to S bridge, had to complete transfers before 5:00 PM GMT on June 30, 2026. It warned that “Failure to do so will prevent any further migration from FTM to S.” The same post said the change “DOES NOT affect the ERC-20 FTM → S route or the Sonic Gateway,” which remain available “while some exchanges complete their migration.” In practice, that means native FTM left on Opera after the cutoff can no longer be upgraded through that route, while ERC-20 FTM, the version that lived on Ethereum, still has a path to S.

Earlier versions of this page said the migration was completed in May 2025. We could not confirm that date in any Sonic Labs or Fantom source; the official timeline is the one above.

Sonic (S) Key Data (October 2026)

Sources: CoinMarketCap data and historical prices, read on October 30, 2026, around 13:55 UTC, and DefiLlama chain data. CoinMarketCap shows a fully diluted value of about $134 million based on the total supply.

How the S Token Works

According to Sonic Labs, S is used for paying transaction fees, staking, running a validator and participating in governance. The S token documentation sets out how new tokens enter circulation:

• Airdrop: 190.5 million S issued in phases for the airdrop program. Users who claim early forfeit part of their allocation, and that part is burned.
• Ongoing funding: 47,625,000 S a year for six years, starting six months after launch; the first issuance came on June 18, 2025. Tokens from this issuance not used during the year are burned.
• Institutional issuance: 472,372,662.8 S were issued on September 4, 2025.
• Block rewards: paused for the first four years, then planned to resume at 1.75% a year.
• Validator rewards: a target reward rate of 3.5% when 50% of the network is staked.

Total supply now stands at about 3.22 billion S, slightly above the 3.175 billion FTM maximum supply that CoinMarketCap still lists for Fantom, and S has no fixed cap. Ongoing issuance is one reason the price has struggled even in months when the network was active.

S Price History

S started trading close to $1 in early January 2025 and has fallen in most months since. It ended 2025 near $0.074 and closed each month from February to May 2026 between about $0.040 and $0.043. Ahead of the Opera cutoff in late June, it fell to its all-time low of about $0.019. It recovered to about $0.041 by the end of September and briefly reached about $0.073 on October 13, before falling about 43% from that high to today’s level.

Sonic (S) Price Prediction 2026 to 2040: Summary

How this table is built: every row summarizes the published forecasts of the two models we track, CoinCodex (updated October 30, 2026, at a price of about $0.042) and CoinLore (model updated October 12, 2026, at a price of about $0.057, about 36% above today’s), not targets of our own. The low is the lowest published figure, the mid is the average of CoinCodex’s December average and CoinLore’s base case, and the high is the highest figure. Speculative, not financial advice.

Sonic (S) Price Prediction 2026

Both central estimates are below today’s price. CoinCodex expects a December average of about $0.034, about 20% lower, and CoinLore’s base case of $0.019 would be a fall of more than half, close to the June low. Only CoinLore’s bull case, about $0.096, is above the October high. CoinCodex rates sentiment as bearish, with 6 bullish and 22 bearish signals and a 14 day RSI of about 40.

Sonic (S) Price Prediction 2027 and 2028

The models move apart after 2026. CoinCodex expects a December 2027 average of about $0.076, roughly 83% above today’s price, and about $0.049 for December 2028. CoinLore’s base cases are about $0.023 for 2027 and $0.032 for 2028, both below today’s price. CoinCodex’s own FAQ gives a lower 2027 range of $0.02965 to $0.043, which does not match its monthly table.

Sonic (S) Price Prediction 2030

For 2030, both central estimates are above today’s price: about $0.081 at CoinCodex, nearly double, and about $0.049 at CoinLore, about 19% higher. CoinLore’s bull case of $0.255 would still be about 75% below the 2025 high.

All forecasts are third party model estimates, not investment advice.

Sonic (S) Price Prediction 2035 and 2040

Long range forecasts are rough scenarios. For 2035, CoinCodex expects a December average of about $0.18 and CoinLore a base case of about $0.17. For 2040, CoinCodex stays near $0.18, while CoinLore’s base case is about $0.39 and its bull case $1.15, the only figure from either model above the all-time high.

What Drives the S Price?

• Network activity: DefiLlama shows total value locked on Sonic falling from about $1.14 billion in May 2025 to about $75 million at the end of 2025 and about $16.7 million on October 28, 2026. Less capital on the chain means less fee demand for S.
• Token issuance: new S from the airdrop program, the yearly funding issuance and the 2025 institutional issuance add supply, partly offset by burns of unused tokens.
• Migration overhang: the Opera cutoff closed one chapter, but ERC-20 FTM can still be upgraded, so some supply may still arrive on the market.
• Exchange access: CoinMarketCap lists 130 S markets, led by Binance, and including Coinbase Exchange, OKX, Bybit, KuCoin and Bitget.
• The wider market: like most altcoins, S tends to fall harder than Bitcoin in weak markets.

Can Sonic (S) Reach $1?

Not on any of the forecasts we track. At $1, S would have a market cap of about $2.9 billion on today’s circulating supply, about 24 times its current value, and above its January 2025 peak. The highest figure in either model is CoinLore’s 2040 bull case of $1.15; every central estimate through 2040 stays below $0.40.

These figures assume today’s circulating supply; more S in circulation would mean a higher market cap for the same price.

Key Risks of S

• Shrinking activity: total value locked is down about 98.5% from its 2025 peak
• Supply growth: yearly issuance continues through the early 2030s, and block rewards are planned to resume later
• Deep drawdown: S is about 96% below its high and about 43% lower in 2026
• Migration scams: fake upgrade sites have targeted FTM holders; the imToken wallet, for example, warned users to use only the official upgrade portal
• Model disagreement: the two forecast models disagree on direction for 2026 to 2028

How to Upgrade FTM and Buy S Safely

If you still hold FTM, check where it sits. Native FTM on Fantom Opera could be moved only before the June 30, 2026 cutoff, according to Sonic Labs. ERC-20 FTM can still be upgraded through the route Sonic Labs kept open, and FTM held on an exchange is handled by that exchange, so check its announcements. Use only links from Sonic Labs or the official documentation, and never share a recovery phrase with a “migration support” account. Our guide on how to verify crypto news and rumors explains how to spot fake announcements.

S trades on major exchanges, including Binance, Coinbase Exchange, OKX, Bybit and KuCoin, according to CoinMarketCap. Our ranking of the best crypto exchanges compares safety and fees, and our crypto wallets guide explains how to store tokens yourself. Sonic is compatible with the Ethereum Virtual Machine (EVM), so most Ethereum wallets can connect to it.

Is Sonic (S) a Good Investment?

S is a high risk altcoin. The bull case is a completed migration, wide exchange access, burns of unused issuance and a long range CoinCodex model that sees S near $0.08 in 2030. The bear case is a 96% fall from its high, a near total loss of on chain capital since 2025, continuing issuance and 2026 forecasts below today’s price. Further losses are possible. For more forecasts, see our crypto price predictions.

Data sources: CoinMarketCap (price, market cap, supply, rank, all-time high and low, price history, market pairs and the Fantom listing), DefiLlama (total value locked), Sonic Labs and the Fantom migration documentation (upgrade timeline and token rules), and the forecast pages of CoinCodex and CoinLore, as of October 30, 2026.

Frequently Asked Questions

Is Fantom (FTM) still tradeable?
Not on the main exchanges. FTM was upgraded 1:1 into Sonic (S), and CoinMarketCap now lists it as “Fantom (Migrated to Sonic)” without a tracked price. Sonic Labs retired the Fantom Opera network on June 30, 2026. ERC-20 FTM can still be upgraded to S, and FTM held on exchanges is handled by each exchange under its own migration plan.

What is the difference between FTM and S?
FTM was the token of the Fantom Opera network. S is the token of Sonic, a new chain that the team behind Fantom, renamed Sonic Labs in 2024, launched on December 18, 2024. FTM holders could upgrade 1:1 into S. Sonic Labs says Sonic handles up to 10,000 transactions per second with sub-second finality, and S now carries all new development.

What is the Sonic (S) price prediction for 2026?
The two models we track both expect S to end 2026 below its late October price of about $0.042. CoinCodex projects a December average of about $0.034, and CoinLore’s base case is about $0.019, near the June low. CoinLore’s model was last updated on October 12, when S traded near $0.057. These are model outputs, not targets.

What is the S price prediction for 2030?
CoinCodex projects a December 2030 average of about $0.081, nearly double the late October price, while CoinLore’s base case is about $0.049, about 19% higher. CoinLore’s bull case reaches about $0.26 and its bear case about $0.03. Forecasts this far out depend on assumptions about network use and supply that may change.

Will Sonic (S) reach $1?
None of the central forecasts we track reaches $1 through 2040; the only figure above $1 is CoinLore’s 2040 bull case of $1.15. At $1, S would need a market cap of about $2.9 billion on today’s circulating supply, about 24 times its October 2026 value and above the level it held at its January 2025 peak.

What is the Sonic S token total supply?
CoinMarketCap lists a total supply of about 3.22 billion S and 2.88 billion in circulation, with no fixed maximum. Sonic’s documentation describes a 190.5 million S airdrop program, 47.6 million S issued each year for six years from June 2025 and a 472 million S institutional issuance in September 2025, with unused yearly issuance burned.

How do I convert FTM to S?
It depends on where your FTM is. Native FTM on Fantom Opera had to be moved before 5:00 PM GMT on June 30, 2026. ERC-20 FTM can still be upgraded through the route Sonic Labs kept open, and exchanges handle balances they hold. Use only links published by Sonic Labs, and ignore anyone offering migration help through direct messages.

Nothing in this article is financial advice. Cryptocurrency investments carry substantial risk.