Fantom - News Analyzed: 8,100 - Last Week: 100 - Last Month: 300

The cryptocurrency Fantom (FTM) underwent a significant rebranding process to Sonic, generating a massive deal of intrigue in the market. The upgrade from Fantom to Sonic focuses on enhancing speed, and scalability in Decentralized Finance (DeFi). Sonic is poised to continue the DeFi dominance adventure that Fantom started, with developments and milestones such as Sonic Chain hitting a $100M Total Value Locked milestone. The Sonic upgrade is encouraging positive market sentiment, leading to a shift in Fantom's price points. Platforms like Binance, ByBit, and Crypto.com are supporting the token swap and rebranding to Sonic.

An exciting sonic development includes the introduction of optimistic rollups to connect to Ethereum. Another interesting aspect of this evolution involved Fantom seeking to recover assets following a $200M exploit from Multichain. Fantom's ecosystem made considerable headlines with the Frauscher x Porsche 850 Fantom setting a speed record and the 361 degrees fantom performance sneakers making waves in the industry.

In the build-up to this change, Fantom received a remarkable performance review, with experts forecasting good long-term results. But in order to properly gauge the potential of this new development, more data is required and is expected to come in soon. The main consensus among experts is that the Fantom to Sonic upgrade will push for more technical innovation and infrastructural development. This rebranding is expected to set a new trend in DeFi, unleashing a new era of speed and scalability.

Fantom News Analytics from Wed, 20 Jun 2018 07:00:00 GMT to Sat, 20 Dec 2025 15:24:24 GMT - Rating 8 - Information 9