FTM gained 500% in the past 6 weeks and a newly launched $320 million incentive program could see the rally extend further.
The Ethereum (ETH) network continues to enjoy the status of being the top smart contract platform in the blockchain industry, but the competition is slowly gaining market share because high costs and network congestion are still challenges for the protocol. One project that has been gaining traction in the month of August is Fantom (FTM), a layer-one smart contract platform that utilizes a directed acyclic graph architecture as a means to solving the problems of slow transaction speeds and high transaction fees.Data from Cointelegraph Markets Pro and TradingView shows that since hitting a low of $0.15 on July 20, the price of FTM has rocketed 500% to an intraday high at $0.90 on Aug. 30 as its 24-hour trading volume exploded by 1,250% to a record $1.26 billion. FTM/USDT 4-hour chart. Source: TradingVie
Źródło: https://cointelegraph.com/news/fantom-price-gains-100-after-launching-a-370m-ftm-incentive-program
