Fantom, a high-performance, scalable, and secure smart-contract platform, is revamping to
Sonic, a rebranding move that comes with a token swap from FTM to S. Aiming for a stronger DeFi presence, Fantom's metamorphosis into Sonic sets the platform for increased scalability and utility in transactions. Bybit and Binance, two heavyweight exchanges, have indicated support for Fantom's token rebranding and swap. Although the FTM token's price trajectory fluctuated, it maintained a resilient uptrend despite occasional market dips. The launch of Sonic's Mainnet marks a crucial milestone for the project, hinting at a potential price surge in response to this development. The project has been aggressively marketing its rebranding and catching attention, such as an electric speedboat collaboration with Porsche, delivering record-breaking speeds. Fantom is actively engaging in strategic steps, including seeking to retrieve funds from Multichain's exploit and contemplating optimistic rollups to connect with Ethereum. They were also rumors of Fantom's adverse whale sentiment indicating weakened price momentum. Nonetheless, the announcement of Fantom's upgrade to Sonic Labs and the launch of the testnet could potentially trigger fresh investor interest. With developers being invited to join Fantom's Sonic upgrade, the crypto platform reflects a potential for innovation and a promising outlook on improved performance and scalability.
Fantom News Analytics from Thu, 03 May 2018 08:31:16 GMT to Thu, 23 Oct 2025 16:11:49 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor 4
![⇑ Revamped Fantom [FTM]: Bullish Growth, Potential Breakout, and Sonic Upgrades](https://coinmediacap.com/media/ai/fantom/43382_300.png "⇑ Revamped Fantom [FTM]: Bullish Growth, Potential Breakout, and Sonic Upgrades")
