SONAR has never had a built-in shortcut for true 'Pause'. As noted by others, disabling On Stop Rewind to Now in Track View Options or using Ctrl+Spacebar will stop without rewinding, but in either case, rewind will take you back to zero rather than back to the last place you started playback. This is stopping, not pausing.
For the true Pause function where you can start/pause repeatedly, and then rewind to some starting point other than zero, you need to create a custom keybinding to the 'Play/Pause' function. I use Alt+Spacebar.
Be aware, however that there's a slightly confusing misbehavior that when On Stop Rewind is
not enabled, the Now
Marker travels with the Now
Cursor during playback so that you can't see where playback originally started after pausing, though Rewind after Pause
will take you back to that non-zero starting point.
I'e been nagging the Bakers about this off and on for years. There have been several different not-quite-right implementations of these various options since X1. The last time everything worked as expected was in 8.5.