Sonic

Happy

Rise

In the fast-paced world of cryptocurrency, Fantom's native token FTM has stood out as the best-performing non-meme token in the last 30 days.
<h2 id="fantom-s-ftm-becomes-the-best-performing-cryptocurrency-among-network-upgrade-prospects">Fantom's FTM Becomes the Best Performing Cryptocurrency Among Network Upgrade Prospects</h2>
With a staggering increase of over 190% in just four weeks, FTM has captured the attention of investors and enthusiasts alike, propelling it to new heights in the digital asset world.
According to data from CoinGecko, the price of FTM jumped from $0.40 to $1.20, reaching its highest value since April 2022.
Related News: <a href="https://en.bitcoinsistemi.com/outflows-from-bitcoin-etfs-continue-to-what-extent-do-purchases-cover-sales-here-are-the-details/" target="_blank" rel="noopener noreferrer nofollow">Outflows from Bitcoin ETFs Continue! To what extent do purchases cover sales? Here are the Details</a>
With this phenomenal rise, the token's market cap rose to $3.29 billion, solidifying its position as the 41st largest cryptocurrency globally.
In contrast, industry giants such as Bitcoin and Ethereum posted relatively modest gains; Bitcoin increased by 28% and Ethereum by approximately 20% in the same period.
A major catalyst behind Phantom's meteoric rise appears to be the upcoming Sonic upgrade, which is planned to increase transaction processing speeds on the Layer 1 blockchain.
The Sonic mainnet, which will replace the current Opera mainnet in the coming months, promises a significant increase in transaction throughput and efficiency.
During closed testing, the Sonic upgrade showed a theoretical throughput of 2,000 transactions per second (TPS) and a turnaround time of just 1.1 seconds. This impressive performance dwarfs the current capabilities of the Opera mainnet, which recorded just 3.2 TPS.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/this-altcoin-whose-network-upgrade-is-upcoming-made-its-investors-happy-by-rising-to-a-record-level-in-a-month-will-the-rise-continue/" rel="noopener noreferrer nofollow">This Altcoin, whose Network Upgrade is Upcoming, Made Its Investors Happy by Rising to a Record Level in a Month! Will the Rise Continue?</a>

This Altcoin, whose Network Upgrade is Upcoming, Made Its Investors Happy by Rising to a Record Level in a Month! Will the Rise Continue?

Table of Contents

Bitcoin Sistemi EN

Other articles published on Mar 22, 2024

Worldcoin Doubles Down on Data Privacy With Personal Custody Tool

A New Meme Coin Inspired by Shrek's Iconic Character Launches Presale

Altcoins to Buy Today Under $1 with 100% Potentials

If Bitcoin Breaks Key Resistance Level, These Altcoins will Explode

Fezoo’s (FEZ) Trading Exchange Presale Ignites Interest, Drawing Uniswap and Litecoin Traders wit...

Harga PEPE Melejit Bak Superhero di Tengah Koreksi Pasar, Whale Giat Serok

Join our free newsletter for daily crypto updates!