- SHADOW token spikes 54% after Binance Alpha debut, jumping from $27 to over $44 in one hour.
- Sonic blockchain’s SHADOW gains $6M in market cap as Shadow Exchange adoption picks up fast.
- SHADOW launch draws attention to Sonic Chain’s DeFi momentum despite broader market volatility.
Sonic Chain’s first major token, SHADOW, has launched on Binance Alpha, and crypto users have observed an impressive rally in the digital asset’s price. CoinGecko’s data show that SHADOW surged on Thursday, May 1, 2025, rising from below $27 to over $44 in less than one hour.
Per the token’s description, SHADOW serves as the native crypto of Shadow Exchange, a concentrated liquidity layer built on the Sonic (Formerly Fantom) blockchain.
Following the sudden rally in SHADOW’s price and value, crypto analysts consider the launch on Binance Alpha a significant event and an opportunity to expose the innovative cryptocurrency to the widespread Binance community for increased adoption.
Underlying Features Drive Adoption
Meanwhile, SHADOW’s underlying qualities appear to play a notable role in the adoption process, considering its impressive performance amid a struggling cryptocurrency market. For instance, many crypto users find Shadow Exchange more fluid and accessible than alternatives, and that accessibility attracts more users to the platform. Increased platform use, in turn, creates demand for the SHADOW native cryptocurrency.
It is worth noting that SHADOW’s flexibility allows users to convert the crypto asset to xSHADOW. This conversion positions users for 100% earning potential on protocol fees, and is an incentive that boosts SHADOW’s adoption. Additionally, the crypto asset affords its holders voting incentives and rebates from its native platform.
Related: Sonic (prev. FTM) (S) Price Prediction 2025-2030: Future Outlook & Growth Potential
Leveraging Sonic Blockchain Speed
Sonic is renowned for transaction speed. This core blockchain quality gives Shadow Exchange a positive reputation, and this speed specifically fascinates users seeking fast transactions.
Sonic’s speed also contributes significantly to making Shadow Exchange one of the hottest ecosystems on Sonic. This popularity is clearly reflected in the impressive growth of the platform’s native crypto, SHADOW.
Latest $SHADOW Price and Market Data
According to CoinGecko’s data, SHADOW traded for $39.56 at the time of writing, reflecting a 54.2% surge in less than two hours.
The digital asset’s recent growth has captured crypto users’ attention, including an impressive surge in value that saw SHADOW’s market cap rise from around $9.75 million to about $16.14 million in a couple of hours.
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