$FTM Fantom Transitions to Sonic: What You Need to Know

Fantom is evolving with the introduction of the Sonic upgrade, designed to enhance speed, scalability, and efficiency. The Sonic chain promises over 10,000 transactions per second (TPS) with one-second confirmations, thanks to new innovations like the Fantom Virtual Machine (FVM) and Carmen database storage.

Key changes include the transition from the FTM token to the new S token, which can be exchanged at a 1:1 ratio. Developers will also benefit from full EVM compatibility, making app deployment seamless. Incentives such as gas monetization and funding programs will further support ecosystem growth.

This upgrade positions Fantom, now Sonic, as a faster and more user-friendly blockchain solution.