Sonic's upgrade boosts DEX volume to $2.46M and fuels bullish momentum in crypto markets.

Sonic's recent blockchain upgrade enabling Bundle Transactions has driven a surge in decentralized exchange (DEX) volume to $2.46 million, the highest in about two months. This upgrade simplifies transaction approvals by allowing multiple transactions to be processed as a single atomic execution, increasing on-chain activity. Despite a modest increase in total value locked (TVL) to $17.22 million, perpetual market data shows strong bullish sentiment with $22.73 million in open interest and a rising funding rate favoring long positions. These factors suggest continued upward momentum for Sonic's price in the near term.