
The current market trends indicate a shift in branding as Fantom, commonly referred to as FTM, transitions to Sonic. The move aims to boost the scalability and speed of Defi, raising anticipation for this highly-awaited EVM chain launch. Following significant performance in 2024 and 2025, Fantom has been showing strength, pointing towards a potential 50% price gain. Notwithstanding market fluctuations, Fantom has maintained strong support, notably evidenced by its impressive price recovery post-dip.
This rapid growth could be attributed to crypto tecnhnical transformation and its automated aerocomposite NDT project. On several occasions, Binance announced its support for Fantom's token swap and rebranding to Sonic, endorsing the name change and even completing the token swap. At the same time, Sonic-chain hit a $100M milestone with its rise in TVL by 66%.
Gearing towards the rebranding, Andre Cronje invited developers to join Fantom's Sonic upgrade. The initiation has been promising, with the Launch of Sonic Labs' Genesis Block igniting optimism. Therefore, many opine Fantom, now Sonic, is on the verge of a mega move, considering the bullish breakout retest.
Aligned with this development, the revered sports car manufacturer, Porsche, partnered with Frauscher to unveil the top-class award-winning eFantom sports boat, a blend of craftsmanship, high technology, and pure luxury.
While the Ambition of Sonic's upgrade creates excitement, recent somber market conditions have led to Fantom's significant value loss, sparking a triggering market-wide sell-off. Taking into consideration these market conditions, it would be wise to maintain a close watch on developments within the Fantom/Sonic ecosystem and invest judiciously.
Fantom News Analytics from Thu, 26 Nov 2015 22:49:05 GMT to Thu, 03 Jul 2025 13:04:00 GMT - Rating 8 - Innovation 7 - Information 9 - Rumor 6