$FTM
Fantom (FTM) is a highly scalable blockchain platform for DeFi, crypto dApps, and enterprise solutions. Fantom has experienced a significant price increase recently, which may be related to the launch of its Sonic upgrade. The Sonic upgrade will introduce a new Fantom Virtual Machine (FVM), optimized Lachesis consensus mechanism and Carmen database storage. These technological innovations are expected to significantly improve the performance of the Fantom network.
After the Sonic upgrade, the Fantom blockchain is expected to be able to handle more than 2,000 transactions per second (TPS), a significant increase from the current 30 TPS. Additionally, Sonic will reduce storage requirements by up to 90%, making node operations more cost-effective and accessible. These technical improvements are likely to attract more developers and users, thereby increasing the value and demand for FTM.
In addition, the Fantom Foundation is also pushing to launch a meme season on the blockchain, which, if successful, may accelerate the appreciation of FTM. Although FTM's gains in this bull market may be limited, perhaps only 5x at most, such gains are worthy of attention.
From a technical analysis perspective, FTM cleared the way for an upward rebound after breaking above the strong resistance at $0.64, with a strong chance of surging 50% to the $0.85 level. Additionally, FTM is trading above the 200 exponential moving average (EMA) on the daily time frame, indicating that the asset is in an uptrend.
To sum up, Fantom’s technological innovation and strong market performance make it a star project in the current cryptocurrency market. As Sonic upgrade approaches and investor confidence gradually returns, FTM is expected to continue its upward momentum. #ftm #FTMUSD #FTM/USDT #FTM.智能策略库🥇🥇 #FTM.每日智能策略