Sonic (S) experienced an 11% price increase, reaching $0.2726 on October 2, following significant developments within the project. CMCC Global announced a $25 million ecosystem fund, and Mitchell Demeter, known for creating the first Bitcoin ATMs, was appointed as the new CEO. Additionally, Sonic reported a surge in user growth, with 241,846 new addresses added in a week, bringing the total to over 3.2 million. Technical indicators suggest potential further gains, with targets at $0.28, $0.32, and $0.36 if the upward trend persists.