Altcoin Price Rises After Crypto Whale's Investment

FTM, the cryptocurrency of the high-performance smart contract platform Fantom, has risen with the investment of the cryptocurrency whale.

According to Lookonchain's post, a cryptocurrency whale withdrew 2.96 million USDC from the decentralized credit platform Aave. Whale spent approximately 2.23 million USDC to receive a total of 2.82 million FTM at $0.79 per unit.

According to TradingView data, FTM price increased by 6.58% on a daily basis and rose to $0.8215. According to Etherscan data, the whale has 3.71 million FTM in its wallet.

Fantom Foundation is preparing its Opera blockchain for the Sonic update. The 66% support required for the update was reached. Opera is expected to reach a transaction capacity of 2 thousand complex transactions, approximately 4 thousand swaps and approximately 10 thousand transfers per second.

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