Fantom (FTM) has been making significant strides over the past few months, with various factors fuelling its upward trajectory. Particularly notable is the migration to
Sonic, Fantom's rebranding, and the launch of Sonic Mainnet with 10,000 transactions per second at sub-second finality, highlighting the advancement in its blockchain capabilities. Various whales have also reportedly accumulated millions of FTM tokens in anticipation of these developments. New features, including the launch of FTM to S token swaps and the introduction of the Sonic Litepaper, have further propelled FTM’s price surge.
Moving forward, Fantom seeks to upscale its business operations by targeting a $11T lending market with its innovative blockchain feature, indicating a bullish outlook. Although there are also concerns about FTM's losses in trading volume against other cryptocurrencies like BNB and CUTO, expert predictions suggest that FTM may reach $2 by 2025, reflecting a potential upward price trend.
Moreover, the
Sonic upgrade has stirred excitement in the investment community, with various altcoins like Stellar (XLM) and other cryptocurrencies like Dogecoin (DOGE) reportedly falling behind FTM's momentum. However, skepticism remains, with some analysts predicting a short-lived rally. The launch of stablecoin USDC on the Fantom ecosystem and the creation of a $6.5M dev fund for 'safer memecoins' are more developments pointing towards a fascinating future for Fantom.
FTM Coin News Analytics from Fri, 08 Mar 2024 08:00:00 GMT to Tue, 31 Dec 2024 10:37:06 GMT -
Rating 7
- Innovation 8
- Information 8
- Rumor 6
