Fantom brushes off network outage with another 50% price surge
With over 3,000% growth since the turn of the year, even a recent network outage couldn't stop Fantom's bullish surge. The decentralized smart contract platform Fantom (FTM) continued its resurgent rally to the tune of 50% on Monday, despite a temporary network outage that saw the blockchain stop producing blocks for seven hours. Fantom emerged among the top 100 in the market cap rankings in January — eventually going on a 5,000% run that peaked in late February. Since then, the coin’s bull run subsided, but its value against the United States dollar still stands 3,434% higher than it did....
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Dubbed “Go-Opera,” the latest upgrade to Fantom introduces a range of technical changes. The token of smart contract platform Fantom, FTM, was subject to a 52% price increase leading into Thursday morning following the successful implementation of a new network upgrade.Dubbed “Go-Opera,” the latest upgrade to Fantom introduces a range of technical changes that, according to a recent explainer by the Fantom Foundation, makes the network faster, more efficient and more reliable.The upgrade was announced as completed at 5:42 a.m. (UTC+1) on Thursday. It was two hours later before the FTM coin....
Fantom, a relatively new platform in the blockchain industry has been making headlines recently due to its recent surge in price and revolutionary network speed and performance. The platform has undeniably been gaining traction and widespread support since the launch of their last upgrade set to improve transaction speeds that were already unparalleled by its […]
Fantom price has been such a joy to watch for investors in recent days, as a much-needed breath of fresh air continues to spread throughout the crypto market. Bitcoin and other large-cap assets seem to be recovering well after a period of sluggish and frustrating price action. Notably, Fantom emerged as one of the best performers in the cryptocurrency market over the past week, posting a substantial 26% price increase in the last seven days. The Layer 1 token has particularly been on a hot streak in the past day, soaring by 15%. The Catalyst Behind The Latest FTM Surge The much-awaited....
Fantom network was able to log more than 300,000 active weekly users which is a 4% decrease from the 325,000 users tracked the past week. Fantom treads the bearish route as negatively impacted by the crash of the crypto market FTM social metrics down Fantom records over 300,000 active weekly users The bears are definitely lobbying on Fantom (FTM) as the coin endures massive decline. Fantom admits that they have been severed by the bearish impact of the crypto market triggering a plunge. More so, average daily transactions on Fantom from August 11 to 18 accumulated to roughly 44,300.....
On September 24, 2021, the Fantom Foundation announced the launch of a new non-fungible token (NFT) marketplace that aims to compete with the myriad of NFT markets out there today. The market dubbed Artion is an NFT marketplace built on the Fantom network and claims to bolster “0% commissions, with the near-zero transaction costs.” Fantom Reveals Beta Version of the NFT Marketplace Artion A new NFT marketplace has been announced by the Fantom Foundation following the billions of dollars worth of NFT sales stemming from veteran NFT markets that leverage the Ethereum (ETH)....