Fantom's Total Locked Value Exceeds $200 Million Following Latest Updates

According to Odaily, Fantom's total value locked (TVL) has surpassed $200 million, a significant increase from $111 million just two days ago. Over the past few weeks, the Fantom Foundation has rolled out its latest upgrade, codenamed Sonic. Currently 25 out of 60 nodes have completed the upgrade. The chain will be officially updated when the new software covers two-thirds of the nodes. Sonic is expected to increase processing speed to 2,000 transactions per second. This development is an important milestone for Fantom Foundation, which continues to improve its platform and attract more users.$FTM