PANews reported on May 29 that Fantom officially announced that the upgrade of the existing Opera chain has reached the necessary 66% consensus level, marking its official launch. The release date is consistent with the expectations set at the beginning of the Sonic testnet phase last October, and the project is progressing smoothly without any delays. Opera is now expected to achieve the following goals: variable/mixed/complex transactions achieve approximately 2,000 TPS (about 1 second certainty), token swap transactions achieve approximately 4,000 TPS (about 1.3 seconds completion), token transfers achieve approximately 10,000 TPS (about 1.6 seconds completion), validator node storage requirements are reduced by approximately 66%, and archive nodes reduce operating costs by approximately 95%.

Additionally, Fantom will share more details on its upcoming chain’s technology, token economics, audience engagement initiatives, partnerships, branding, and strategic direction in the coming weeks and months.

Earlier in October last year, Fantom launched the "Fantom Sonic" testnet, and this technology stack will replace Opera.

Related reading: The new narrative of public chains: Fantom: Sonic appears to restart the performance competition