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Fantom is a highly scalable blockchain platform for DeFi, crypto dApps, and enterprise applications. It is a fast, high-throughput open-source smart contract platform for digital assets and dApps.
A widely followed crypto strategist believes that one Ethereum (ETH) rival could have a strong performance this year. Pseudonymous analyst Altcoin Sherpa tells his 214,300 followers on the social media platform X that Fantom (FTM) could soar more than 15% from its current value.
Fantom has achieved one of its key network milestones after the first validator using Sonic technology deployed. The Fantom Foundation announced the feat, noting that this first step will pave the way for further improvements on the Opera mainnet. Top of that list is blockchain scalability.
Fantom (FTM) price has yet to validate a bullish pattern that was first registered towards the end of February.
Fantom network prepares for Sonic upgrade, transitioning from testnet to mainnet. Users can expect aboost tin throughput of up to 2,000 TPS with transaction finality at 1.1 seconds.
With positive Bitcoin price predictions and the emergence of an altcoin season, investors are seeking altcoins to watch.
Well ahead of the Bitcoin halving, the crypto markets have turned sluggish with not many variations. A slight pullback in the BTC price has compelled the other tokens to remain largely still but some of them have managed to maintain a bullish streak, including the Fantom (FTM) price.
Fantom (FTM) experienced an 11% increase over the past week, making it one of the top performers in the top 50 cryptocurrencies by market capitalization.
With the Fantom market cap inching closer to the $3 billion mark, its native token is on a bullish roll. The FTM token price showed a massive overnight jump despite the weakness in the overall market as Bitcoin slid under the $70,000 level.
Fantom's decision to unlock its doors comes off the back of a thriving memecoin season.
Fantom Foundation has announced that its first validator that utilizes Sonic technology is now live, marking a significant milestone for the Layer-1 scalable network. Fantom Sonic Built for Scalability The Fantom Sonic technology is designed to address the challenge associated with blockchain scalability.
A renewed focus on boosting its meme coin ecosystem and bridging native USDC is fueling bullish interest in Fantom.
To increase investor safety with meme coins, Andre Cronje, co-founder of the Fantom Foundation, has introduced a proposal to issue these tokens on the network with enhanced security and fairness. What Happened: Cronje's proposal is crafted to mitigate the risks associated with investing in less serious tokens.
Blockchain developer Andre Cronje detailed how a safer meme coin and community may be achieved using transparent tokenomics to derisk projects on Fantom.
TL;DR Andre Cronje, co-founder of Fantom (FTM), has presented a proposal framework aimed at providing a safer environment for the launch of tokens and memecoins. The proposal is designed to address the risks associated with token launches, such as massive selling by the team or early investors.
Andre Cronje points out that Solana's network troubles were due to rapid expansion and not a systems error.
Fantom's Cronje is the latest in a line of blockchain teams that are open to directly engaging with memecoins.
Cronje explained that community and meme coins launched under this framework will lack both minting and ownership capabilities, and that transactions “greater than 1% of the nominated LP pool in a single transaction” will not be permitted.
Meme coins are coming to Fantom (FTM), and the community is excited at the prospect. In a proposal published on Medium, Fantom lead developer Andre Cronje outlined the risks and opportunities that a meme coin culture on Fantom poses and how the community can properly tap into the latter.
Fantom (FTM) co-founder Andre Cronje says the Solana (SOL) network is a victim of success as the smart contract platform faces criticisms due to congestion issues. In a post on social media platform X, Cronje says that Solana's recent outages are only because of its rising user activity and popularity.
In a move that could reshape the landscape of the Fantom blockchain network, Andre Cronje, the network's co-founder, has hinted at the potential integration of meme coins. This development, amid a surge of interest in meme coins across various platforms, signals Fantom's readiness to explore new horizons and take advantage of the wave.
The Solana network, known for its high throughput and low transaction fees, has been grappling with congestion issues throughout the weekend, causing transaction failures and delays. Developers are working fervently to resolve these challenges and ensure a smoother user experience.
In crypto, you have memecoins, which have become like the rebel without a cause. While it would be difficult for them to gain investor confidence, they are held together by community support and viral trends rather than fundamental value.
A recent post by Andre Cronje, who is a core developer and founder of the Fantom protocol, hinted at the potential introduction of memecoins on the highly scalable blockchain platform in the near future.
