⇑ Fantom's Journey: From Scalable Blockchain to Booming Rebrand as Sonic

Fantom (FTM), a highly scalable blockchain protocol, appears to be performing impressively in the market, with several forecasts predicting its bullish trend to continue well into 2025, 2026, and even 2031. This robust network has formed the foundation of numerous projects, not least the automated aerocomposite NDT project, which has received wide acclaim. Meanwhile, the FTM token, along with DAG & DeFi, has been explained in-depth, providing users with more clarity on its utility in the ecosystem.

Fantom's rebranding journey from FTM to Sonic (S) highlights the project's dynamism and adaptability. This rebranding has effectively resulted in a significant surge of Sonic's TVL to $253M. Even during moments of market correction, Fantom seems to rebound swiftly, providing solid reasons for investor optimism.

With Binance supporting Fantom's rebranding and Token Swap to Sonic, the newly rebranded Layer 1 Sonic went live successfully. During these transitions, we've seen fluctuations in the pricing of FTM, but the general trend has been positive, reinforcing perceptions of Fantom's strong market resilience. Sonic, the Fantom Layer-1, seems to be consolidating its position.

The Sonic upgrade and Fantom's demonstrable commitment to enhancing speed and scalability are noteworthy. Developers have been invited to join the Sonic upgrade, which hints at the continuous technological improvements adopted by the Fantom ecosystem. Unfortunately, the Fantom cross-chain exploit resulted in the loss of $7M from the DeFi platform Polter Finance, reminding us of the inherent risks in the DeFi world.

Overall, Fantom's impressive performance and decisive actions, such as the rebranding to Sonic and its innovative approaches in DeFi, suggest a thriving future for the project.

Fantom News Analytics from Thu, 26 Nov 2015 22:49:05 GMT to Thu, 21 Aug 2025 21:04:00 GMT - Rating 8 - Innovation 8 - Information 8 - Rumor 6