Sonic activity surges 89% – Will price catch up or

Sonic activity surges 89% – Will price catch up or stall again?
Despite bullish on-chain growth, Sonic faces strong sell pressure and weakening market confidence.

Key Takeaways
Sonic’s active addresses rose 89%, but whales and Open Interest showed bearish divergence. The altcoin broke out of a wedge pattern, but resistance at $0.379 capped momentum.

Sonic’s [S] network has witnessed a significant spike in engagement, with active addresses soaring by 89% in just seven days. 
This rapid increase highlights heightened user participation, possibly driven by new dApps or incentive programs. 
Despite this on-chain traction, Sonic fell by 7.08% to $0.3411 at the time of writing, suggesting that price action is not yet aligning with user metrics.
Historically, such divergences have often signaled market indecision or lagged investor reaction.