⇑ Exploring Sonic, Fantom’s Impressive Transition and Possible Future

Fantom, a highly scalable blockchain protocol, has made headlines for a series of impressive developments, including a rebrand to Sonic, the anticipation of which has caused significant price fluctuations. As part of this rebrand, Bybit and Binance have supported the token swap from FTM to Sonic. Wallet holders have followed suit, converting their Staked Fantom to staked Sonic. Its price has seen tremendous surges, with some analysts predicting an incredible 18,000% gain to $150 by 2025. Meanwhile, investors are keeping an eye on Fantom's DeFi dominance, expressing optimism about its prospects. However, the rebrand has not been without concerns, with some post-rebrand predictions failing to boost price momentum. Regardless, Fantom stood firm against a widespread crypto sell-off, displaying both strength and resilience. Outside of shifts in the crypto market, there were also instances where Sonic was represented in diverse fields, such as the Frauscher x Porsche 850 Fantom speedboat setting speed records. An automated aerocomposite NDT also form the basis of the FANTOM project. While some see potential ahead, others caution about the repercussions of its high-risk moves, namely a recent cryptocurrency hack resulting in over $550,000 being stolen from the Fantom Foundation.

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