Binance Wallet Integration Sparks 15% Rally for Sonic Token

The cryptocurrency market witnessed a significant surge as Sonic Token (S) experienced a 15% price increase following Binance Wallet’s announcement of its integration with Sonic’s decentralized applications. This development, announced on May 1, 2025, has not only boosted the token’s value but also propelled its Total Value Locked (TVL) to an all-time high. The integration allows users to directly interact with Sonic’s dApps through Binance’s interface, enhancing accessibility and user experience. Additionally, Binance has hinted at exclusive airdrops of $S and other ecosystem assets for active traders on Sonic Chain as part of its Alpha Projects campaign, further fueling market anticipation and activity.

Sonic Token Surges 15% as Binance Wallet Announces Integration

Sonic (S) rallied 15% following Binance Wallet’s integration announcement, propelling its total value locked (TVL) to a record high. The May 1 update enables direct interaction with Sonic’s decentralized applications through Binance’s interface.

Binance teased exclusive airdrops of $S and ecosystem assets for active traders on Sonic Chain as part of its Alpha Projects campaign. market participants anticipate heightened activity as the exchange plans to disclose further incentive details separately.

Binance Warns of Resurgent Fake Token Scams Amid Crypto Market Recovery

As cryptocurrency markets regain momentum, Binance has issued a stark warning about a surge in sophisticated token cloning scams. Fraudsters are exploiting the bullish sentiment by creating counterfeit versions of legitimate tokens, complete with copied names, logos, and smart contract codes.

The exchange identified multiple attack vectors including rigged airdrops, spoofed project websites, and fabricated partnership announcements. Even experienced investors are falling victim to these schemes, which often drain wallets or distribute worthless assets.

Binance’s security team emphasizes the importance of triple-checking contract addresses and official communication channels. The timing is critical—history shows scam activity typically peaks during periods of rapid capital inflows into digital assets.