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Fantom Blockchain Soars with Sonic Upgrade and TVL Surge
The Fantom blockchain’s native token FTM has emerged as one of the top-performing non-meme cryptocurrencies over the past week. However, the surge in its value may not be unconnected to the introduction of Fantom’s latest upgrade, dubbed Sonic.
Over the past seven days, FTM saw its value appreciate by over 9.20% to hit 80.3 cents. In comparison with most other tokens, FTM clearly had one of the best weeks in retrospect, signaling that there may be more than meets the eye about FTM’s recent success.
FTM Token Sees Remarkable Gains amid Network Enhancements
The Fantom Foundation has been actively promoting its Sonic upgrade. As of publication, 25 out of 60 nodes have already completed the transition. However, the full upgrade will only be realized after at least 40 nodes adopt the new software.
The Sonic upgrade is aimed at enhancing the network’s capabilities. A major selling point of the upgrade i
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