⇑ Fantom Power Surge: Leveraging Partnerships, Upgrades, and Infrastructure for Bullish Gains

Fantom is in the spotlight for its diverse range of activities. This includes partnering with Cosmos and emerging as a star cryptocurrency, alongside DTX Exchange (DTX), preparing for bullish gains. Despite recent market crashes, Fantom has managed to hold its position. The project has launched a high-speed blockchain under its new brand, Sonic Labs. Concrete predictions suggest that the FTM price could surge to $2 this year. In efforts to secure and expand its ecosystem, the Fantom Foundation has created Sonic Foundation, and labs for the new Sonic Chain. This move could potentially push the price of FTM to $1.2. In a pivotal venture, Fantom has also partnered with Google Cloud to enhance its infrastructure and AI capabilities. As the Sonic upgrade rolls out, Fantom's DeFi sector has jumped 20%. $120M in FTM tokens have been allocated for the Sonic migration as it seeks to remediate Multichain’s $200 million exploit. Not shying away from the recent meme coin trend, Fantom has revealed a $6.5 million development fund. Market anticipation suggests that FTM could soar as the Sonic upgrade looms with the price potentially hitting $2 after a 20% price spike. Ahead of its Sonic upgrade, FTM is set to launch testnets that estimate a 6700% throughput gain. The Fantom Foundation commits over $144,000,000 in FTM to the Sonic Labs accelerator program. Fantom capitalizes on market trends, such as the increasing interest in meme coins and stablecoin launches.

Fantom News Analytics from Tue, 16 Jan 2024 08:00:00 GMT to Thu, 08 Aug 2024 17:00:13 GMT - Rating 8 - Innovation 7 - Information 7 - Rumor 5