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↑ Fantom Soars High with Sonic Upgrade and Robust Market Performance\

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Fantom Soars High with Sonic Upgrade and Robust Market Performance\
Fantom has been recently experiencing a rapid rise in the crypto market, surging up to 70% in just one month. Positive factors like CEO Michael Kong's strong vision for reclaiming DeFi narrative and establishing the Sonix Bridge, have contributed to this bullish sentiment. Fantom and Near Protocol's Q3 performance was extremely robust, attracting steady investor interest and signaling potentials for high returns. Infact, Fantom has recorded a 980% spike in large-size deals further strengthening market sentiment. However, Fantom’s momentum has cooled off a bit, but a 40% price rally may still be on the cards. Interest in Fantom is also growing due to the hype surrounding airdrops. Andre Cronje has invited developers to join Fantom’s upgrade scheduled for December 2024, dubbed Sonic. The potential and performance of Fantom have even drawn comparisons with Litecoin, Ethereum, Klaytn and others. Fantom aims for $1 push with Sonic Testnet’s rollout and if successful, the new upgrade can surge Fantom’s price to $1. The company’s decision to rebrand as Sonic Labs with the aim to launch EVM Chain within this year has been well-received by the market. Moreover, there is a major incentive package for developers involving $6.5M dev fund to foster safer memecoins. Recently, Fantom Foundation established the Sonic Foundation and Labs for the new Sonic Chain operations. Reflecting on these developments Fantom prices are expected to breach $1 levels amidst the bullish phase. To further support the transition, Fantom has pledged $120M in FTM tokens for Sonic Migration.\

Fantom News Analytics from Tue, 16 Jan 2024 08:00:00 GMT to Wed, 02 Oct 2024 22:01:55 GMT - Rating 7 - Innovation 8 - Information 8 - Rumor 6

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Fantom - News Analyzed: 2,500 - Today: 100 - Last Week: 100 - Last Month: 500