Fantom, a popular high-speed and low-cost cryptocurrency, is set to undergo a series of significant changes. It is looking towards rebranding to
Sonic and will see a major transformation in its underlying technology and practices. This rebrand is supported by major exchange platforms such as
Crypto.com and
Binance, both of which have announced their support for the
Fantom (FTM) token swap and rebrand to Sonic (S). Sonic, the reinvented Fantom, is reportedly poised for DeFi dominance. Moreover, Fantom's Layer 1 has gone live, and the conversion of staked Fantom to staked Sonic is in process.
The price prediction for 2025 shows a split opinion - the rebrand to Sonic may either trigger a meteoric rise or translate into a market miss. On the one hand, Fantom shows strength ahead of the Sonic rebrand, with a potential breakout that could culminate in a 50% price gain. On the other hand, public sentiment might not fully embrace the Sonic rebrand, as seen by the FTM price drops by 15% amid final preparations for Sonic transition.
Additionally, Fantom seems to be exploring advanced technologies and seeking new arms of expansion, such as adding
optimistic rollups to connect with Ethereum, underlining its commitment to innovation. Lastly, despite some market turbulence, Fantom's FTM token saw a 32% surge over the past month amidst the Sonic upgrade.
Fantom News Analytics from Thu, 26 Nov 2015 22:49:05 GMT to Tue, 04 Nov 2025 18:52:00 GMT -
Rating 0
- Innovation 7
- Information 8
- Rumor -4