⇗ Fantom Forging Ahead: Insight into Market Fluctuations, Sonic Upgrade, and Future Plans

The use of Fantom continues to grow within the cryptocurrency community, despite occasional inconsistencies in the market. Fantom’s token, FTM, endured some significant fluctuations recently, but overall predicted trends anticipate a surge. Active monthly users have spiked while experiencing temporary drops in revenue. For Fantom, the primary focus is their innovative Sonic upgrade, touted to bring notable improvement in performance and scalability in tandem with Alchemy, an RPC provider. This collaboration presents a highly creative approach to enhancing a crypto network. The Sonic upgrade has piqued the investors' interest, anticipating significant positive impacts on FTM’s price and the network’s overall throughput. Fantom aims to cater to increasing demand for memecoins, evident by their $6.5M devoted development fund. The foundation recently scored a victory in Singapore’s court against Multichain, securing compensation worth $2.19 Million. Moreover, a creative investment in Google Cloud for improved infrastructure and Artificial Intelligence abilities has also been noted. This technology integration shows the innovative nature of Fantom's development, strengthening its proactive approach to addressing challenges in crypto network operability. Lastly, the anticipation around Fantom’s new S token and the Sonic network reveal promises of an exciting future for Fantom.

Fantom News Analytics from Mon, 20 Nov 2023 08:00:00 GMT to Thu, 25 Jul 2024 14:00:41 GMT - Rating 5 - Innovation 8 - Information 7 - Rumor 6