SONIC: Fully Diluted Valuation
What all S would be worth at today's price if every coin that can ever exist were circulating: price x total supply.
Why use it. Market cap counts only what circulates now. Fully diluted valuation adds what is still to come from mining, unlocks, emissions or releases, so a wide gap means future supply that the price has to absorb. How to read it. The gap above Market Cap is the value of the supply not circulating yet. The line moves with the price and changes shape only when the supply it counts changes.
Calculation. Price x total supply. S has no fixed maximum supply (S has no fixed maximum: validator rewards add new S, and governance has approved further issuance), so the total supply stands in for it. Published supply, not node-verified: Sonic public RPC (totalSupply of the network's staking contract, SFC) (https://docs.soniclabs.com/), None. Read by CryptoKeyhole every hour since 10 November 2026; no earlier values are reconstructed. Hourly values use the hour's closing price; daily values the day's close, and the open day is a partial that updates every hour. Periods are UTC.