↑ Fantom's Thriving Ecosystem, Rebranding to Sonic and Price Predictions

Key pieces of news from the cryptocurrency market highlight the trajectory of Fantom (FTM), a highly scalable blockchain protocol that has been rebranded as Sonic (S). The project has recently shown significant strength ahead of its rebranding, with potential for a 50% price gain. The transition of staked FTM to staked Sonic is part of the transformation. Fantom and Sonic are showing promise in the growing staking race, led by BlockchainFX, alongside NEAR Protocol. A presale has already raised $3.8M to fuel their efforts underway for 2025.

The Fantom price projections range widely, with some predicting an 18,000% rise to $150 by 2025, while others express concerns over dropping deposits following a poorly perceived airdrop. The token's value climbed by 90% after the Sonic testnet rollout, suggesting a path towards $1 value per token. Conversely, concerns are raised over the price dropping a further 15% amid final preparations for the Sonic transition.

It's also worth noting the buzz around a notable venture of Frauscher and Porsche introducing an 850 Fantom-tied sports boat, setting a speed record, featuring an EV-Powered system, thus containing the Fantom branding in the name. Finally, Binance has supported the Fantom to Sonic token swap and rebranding, and the Sonic ecosystem, following the launch of its mainnet, is inviting developers to join.

Fantom News Analytics from Tue, 05 Mar 2024 08:00:00 GMT to Mon, 28 Jul 2025 06:19:00 GMT - Rating 7 - Innovation 8 - Information 8 - Rumor 2