Layer 1 blockchain Fantom’s native token, FTM, has gained over 190% in 4 weeks, turning into the best-performing non-meme cryptocurrency among the many prime 100 digital property by market worth. FTM’s worth surged to $1.16, the very best since April 2022, in line with information tracked by CoinGecko. The token’s market capitalization jumped to $3.29 billion, turning into the forty fourth largest digital asset on the planet. Fantom’s impending Sonic improve, anticipated to spice up transaction processing speeds, could have galvanized investor curiosity within the cryptocurrency. The Sonic mainnet will change the prevailing Opera mainnet within the subsequent few months. Sonic’s testnet went reside in October. The closed testnet with simulated site visitors has demonstrated a most theoretical throughput of two,000 transactions per second (TPS) and a time to finality of 1.1 seconds. Opera is processing simply 3.2 TPS.
