I suspect you know the general gist of this already.
If your
only source of hydration is from soft drinks, you're taking in about 140 calories directly from sugar every time you open a can.
According to
here, a typical male will take in about 3 litres of fluid per day. About 20% of that is from food. So if the rest comes from coke, you're looking at roughly 950 extra calories into your diet every day. According to
here, a moderately active young male should be taking in roughly 2500 calories per day.
If you are getting your hydration exclusively from soft drinks, you're putting yourself in a situation where you are either increasing your healthy calorie intake by about 38%, or you are getting 38% of your needed calories from an unhealthy source.
Neither of these are good situations to be in. If you're currently someone who is not overweight and you're in the former category, guess what's going to happen over time. Those calories will accumulate. It takes an adult male about an hour and a half of hard running to burn off that many extra calories. Unless you're an athlete, you're probably not running that much every single day. If you're not obese now, this seems like a direct path to it.
If you're in the latter category, you probably won't gain weight, but your body is going to have to work pretty hard to regulate all of that sugar. According to this
meta-analysis, there is a link between consumption of sugar-sweetened beverages and type 2 diabetes independent of adiposity. I suspect that's not the only issue either if you're in this category, because there's all sorts of other stuff that your body needs that it isn't getting.
EDIT: Jim posted while I was typing.