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$FTM HODLers! Buckle up for some serious news from Fantom HQ! ๐๐ฅ๐
FTM has been on a tear lately, surging over 36% since May 15th and trading around $0.8802 now. ๐๐ฅThat's some serious momentum, and some folks are saying this news about Sonic might be fueling the fire.
Speaking of Sonic, get ready for a next-gen blockchain upgrade! Fantom's building a whole new network called Sonic with its own token, "S", to take the place of FTM. But don't sweat it, FTM fam, you can smoothly swap your FTM for S at a 1:1 ratio (gotta vote on it though, voting just started!).
Here's the juicy part: Sonic promises lightning-fast transactions (2,000 TPS!) ๐ฅand even lower fees compared to the older Opera network. Plus, they're building a special bridge thingy that lets you play with your ETH and other goodies on Ethereum from Sonic. Fancy, right?
The Fantom crew wants to keep the community in the loop, so they're holding votes to decide how things will work on Sonic. Proposal 1 is live right now, ๐คand it's about swapping FTM for S. So far, the vote is overwhelmingly positive (99.7%!), but they need more people to join in to make it official (gotta hit 55% total votes).
The voting window is open for 29 days, so plenty of time to jump in and have your say. You can find more info and cast your vote on the Fantom.network website.
So, what do you think? Faster transactions, lower fees, and a fancy new bridge? Sounds like Fantom is setting the stage for a stellar future! โจ๐คท#FTM #altcoins
FTM has been on a tear lately, surging over 36% since May 15th and trading around $0.8802 now. ๐๐ฅThat's some serious momentum, and some folks are saying this news about Sonic might be fueling the fire.
Speaking of Sonic, get ready for a next-gen blockchain upgrade! Fantom's building a whole new network called Sonic with its own token, "S", to take the place of FTM. But don't sweat it, FTM fam, you can smoothly swap your FTM for S at a 1:1 ratio (gotta vote on it though, voting just started!).
Here's the juicy part: Sonic promises lightning-fast transactions (2,000 TPS!) ๐ฅand even lower fees compared to the older Opera network. Plus, they're building a special bridge thingy that lets you play with your ETH and other goodies on Ethereum from Sonic. Fancy, right?
The Fantom crew wants to keep the community in the loop, so they're holding votes to decide how things will work on Sonic. Proposal 1 is live right now, ๐คand it's about swapping FTM for S. So far, the vote is overwhelmingly positive (99.7%!), but they need more people to join in to make it official (gotta hit 55% total votes).
The voting window is open for 29 days, so plenty of time to jump in and have your say. You can find more info and cast your vote on the Fantom.network website.
So, what do you think? Faster transactions, lower fees, and a fancy new bridge? Sounds like Fantom is setting the stage for a stellar future! โจ๐คท#FTM #altcoins
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