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After its previous cancellation by a part of the crypto community, Fantom [FTM] seems to be committed to proving how pertinent it is to the ecosystem. In the last quarter of the previous year, Fantom witnessed notable comebacks.
The Fantom (FTM) price is in the process of breaking out from a bullish descending wedge. A successful breakout would go a long way in confirming a bullish trend reversal.
Bitcoin price has risen finally above $17,000 after trying hard for nearly 45 days in a row. The upswing appears to be pretty strong and hence if the price undergoes a correction phase, it may still hold above $17,000 until extreme bearish sentiments slash the markets hard.
Fantom [FTM] gained popularity among the whales in the last few days, as it was on the list of top 10 cryptos by trading volume among the 2000 biggest ETH whales.
Key Points: The Fantom Foundation announced on Twitter that their new governance proposal to provide gas monetization for dApps across the ecosystem has been approved. This tweet has made high expectations for the rebound of the FTM token.
Fantom (FTM/USD) successfully passed its latest governance proposal, which aims to bring gas monetization to successful decentralized applications (dApps). Fantom is a scalable blockchain platform built to power dApps and Decentralized Finance (DeFi), where FTM is the native cryptocurrency used to power its ecosystem.
Open-source smart contract platform, Fantom [FTM], declared that it had passed the governance proposal to set up gas monetization for decentralized applications (dApps) on 5 January. According to the revelation by its Foundation, 55.9% of its community voted to improve the network's revenue.
Layer 1 blockchain Fantom has received governance approval to allocate up to 15% of its transaction fees as revenue for developers building on the network. The post Fantom developers to receive up to 15% as revenue from gas monetization appeared first on CryptoSlate.
The most likely Fantom price prediction for Jan. is a breakout from the descending wedge and an increase toward the $0.40 resistance area. The post Fantom (FTM) Price Clears Main Obstacle on the Road to Reversal appeared first on BeInCrypto.
Fantom's key governance proposal has passed
The foundation behind a major Ethereum (ETH) rival is recapping a huge year of growth in 2022. In a new blog post, the Fantom Foundation highlights a major growth in daily transactions on the ETH-rival blockchain.
Fantom could be one of fastest growing projects on network, shows enormous 2,100% increase
Crypto analyst, van de Poppe, stated recently that BTC's price is trending down and the analyst also analyzed other cryptos, including the AI altcoin FET.
Analysis and overview of the market
A widely followed crypto analyst is breaking down Bitcoin (BTC), Litecoin (LTC), Fantom (FTM) and one little-known altcoin that combines artificial intelligence (AI) and blockchain technologies. Crypto trader Michaël van de Poppe tells his 643,500 Twitter followers that BTC is “trending down” after two harsh rejections. “Still trending down. – Harsh rejection at $16,800.
The Fantom Foundation, a directed acyclic graph (DAG) smart contracting platform, will use its funds to repurchase tokens of six projects critical to the Fantom ecosystem.
The year 2022 is drawing to a close, and all that's left to do is examine the charts of various cryptocurrencies in order to get an idea of how these assets will behave in the not-too-distant future.
Closely followed crypto analyst Michaël van de Poppe says Litecoin (LTC), Polygon (MATIC) and Fantom (FTM) are positioned for rallies. The popular analyst tells his 643,300 Twitter followers that Litecoin will likely continue to move to the upside after a possible dip.
Andre Cronje also submitted in his recent post that all Dapps utilizing Fantom would benefit from the same security layer.
Andre Cronje outlined the plans of Fantom going in 2023.
Popular layer 1 blockchain Fantom is set to focus on the expansion of its decentralized application ecosystem next year. Andre Cronje, top DeFi architect and co-founder of the Fantom Foundation, revealed the 223 roadmap via a letter to his team.
The architects behind Ethereum (ETH) competitor Fantom (FTM) are revealing an internal letter detailing the project's goals and points of focus for the new year.
Fantom's Andre Cronje has laid out the roadmap for 2023 which includes greater focus on expanding the blockchain's dApp ecosystem.
Key Points: In a recent Medium article published on December 26, decentralized finance architect Andre Cronje restated the Fantom ecosystem's aims and ambitions for 2023. Cronje, who previously developed protocols including Yearn.
