Fantom, a major player in the cryptocurrency market, is witnessing significant events. It tested strong support and possibly ended its correction phase. The cryptocurrency, now rebranded to
Sonic, has been the center of buzz among developers and investors. Companies like
Crypto.com and
Bitvavo have confirmed support for the Fantom (FTM) token swap to Sonic (S). Speculation leads to Sonic potentially gaining momentum, with some anticipating a 50% price gain. However, the transition has not been entirely smooth. Some Sonic deposits dropped as much as 15% after an airdrop that left users frustrated and angry. Nevertheless, as Fantom becomes Sonic, scalability and speed in
DeFi are expected to improve. This transformation is seen as an enhancement towards Fantom's aim for DeFi dominance. As a
smart contract-enabled blockchain, Fantom promises scalability. The price of Fantom has recovered from a dip, insinuating a continuation of its uptrend. However, weak whale sentiment and strengthened bearish momentum have led to Fantom nearing key support. With the introduction of Sonic, Fantom developers closed a $10 million strategic round, adding further potential to their rebranding mission. Despite mixed reactions, Fantom’s transformation into Sonic illustrates a potential shift of power in the crypto market.
Fantom News Analytics from Thu, 26 Nov 2015 22:49:05 GMT to Wed, 12 Nov 2025 11:30:09 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 2
![⇑ 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")
