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Fantom

FANTOM is a new directed acyclic graph (DAG) based Smart Contract platform that intends to solve the scalability issues of existing public distributed ledger technologies.

The platform intends to distinguish itself from the traditional block ledger-based storage infrastructure by employing an improved version of existing DAG-based protocols. The FANTOM platform adopts a new algorithm known as the “Lachesis Protocol” to maintain record-keeping across its blockchain. 

The mission of FANTOM is to provide compatibility between all transaction bodies around the world and to create an ecosystem that allows both real-time transactions and data-sharing at a low cost.

Fantom is a directed acyclic graph (DAG) smart contract platform that provides decentralized finance (DeFi) services to developers using its bespoke consensus algorithm.

It is an open-source decentralized smart contract platform for DApps and digital assets, created as an alternative to Ethereum. Fantom seeks to overcome the limitations of previous generation blockchains by balancing scalability, security, and decentralization. 

The platform's in-house token, FTM, powers the ecosystem and is used for payments, network fees, staking, and governance. 

Fantom's mission is to grant compatibility between all transaction bodies around the world, striving to provide higher scalability at a lower cost.

Three large crypto entities have taken action in response to the delays and concerns around the cross-chain protocol Multichain.

Fantom Foundation, Justin Sun and HashKey take action in response to Multichain issues

Sushi Swap

The Fantom Foundation – the team developing the Fantom blockchain – removed millions of dollars in liquidity from a trading pool for the native token of Multichain on Wednesday, compounding concerns over the cross-chain bridging protocol's stability.

Fantom Foundation Removes $2.4M MULTI from SushiSwap Liquidity Pool

Fantom (FTM) co-founder Andre Cronje is teasing the launch of a new cryptocurrency-friendly bank later this year. Cronje tells his 384,500 Twitter followers that a bank providing crypto-related financial services may launch later this year. “Need a card, or just payments infrastructure? If the latter, I can add you to our closed beta.

Fantom (FTM) Founder Andre Cronje Drops Hint About New Crypto Bank

The Graph

A crypto strategist who nailed Bitcoin's (BTC) 2018 bear market bottom says that a trio of altcoins is giving warning signs for the rest of the crypto markets.

Analyst Known for Calling Bottoms Says Fantom and Two Other Altcoins Flashing Warning Signs for Crypto Market

De.Fi claims to have recorded and analyzed over 12 million issues from 1.15 million contracts in the past two years.

Fantom Network Adds De.Fi's Security Tools to Bolster dApp Protection

Avalanche

Bitcoin

A closely followed crypto analyst is updating his stance on Bitcoin (BTC) and two of Ethereum's (ETH) biggest rivals. The pseudonymous trader Altcoin Sherpa tells his 194,000 Twitter followers that Bitcoin is likely setting up for a pullback and that the $25,000 level probably won't hold.

Crypto Analyst Updates Outlook on Bitcoin, Avalanche and One Ethereum Rival That's Soared 135% This Year

Ethereum

Polygon

Crypto analytics firm Nansen says that more than $850 million worth of several crypto assets flowed out of Binance after a US federal agency accused the exchange of regulatory violations.

$852,000,000 in Ethereum, Polygon, Fantom and Additional Altcoins Have Left Binance Following CFTC Lawsuit: Nansen

PRESS RELEASE. Canada, Alberta – Cryptocurrency has become a hot topic in recent years, capturing the attention of investors and traders alike. While it has faced its fair share of controversies, it has also opened up new possibilities and transformed the financial sector.

DAMX: The Emerging Perpetual Exchange on Fantom

Cardano

Solana

A top crypto analyst is mapping the path forward for four crypto assets that have witnessed bullish price action in the last seven days. In a new strategy session, pseudonymous analyst Cred tells his 49,200 YouTube subscribers that XRP could witness bullish continuation as long as it is above the previous resistance at $0.414.

Analyst Predicts Ethereum Rival Will Explode by Over 90%, Updates Outlook on XRP, Cardano and Solana

A popular crypto analyst known for calling the 2018 Bitcoin (BTC) bottom is bullish on one top Ethereum (ETH) rival. Pseudonymous trader Smart Contracter tells his 221,800 Twitter followers that Fantom's (FTM) price chart looks “really good.

Top Crypto Analyst Turns Bullish on Ethereum Rival That's Up 135% This Year

A crypto analyst known for accurately calling Bitcoin's (BTC) 2018 bottom believes that bullish price actions are in store for Ethereum (ETH), Fantom (FTM) and one low-cap altcoin.

Top Analyst Predicts Rallies for Fantom and One Ethereum-Based Altcoin, Says ETH Looks ‘Hella' Bullish

Blockchain analytics firm Santiment has spotted huge whale transactions for Polygon (MATIC), Fantom (FTM), and an Ethereum (ETH)-based altcoin as the crypto markets continue to see red. In a new blog post, Santiment reports that a Polygon whale relocated his MATIC stack worth $62.1 million from one crypto exchange address to another exchange wallet.

Analytics Firm Tracks Big Whale Moves for Polygon, Fantom and One Ethereum-Based Altcoin As Markets Cling to Life

Popular crypto analyst Michaël van de Poppe thinks that one decentralized finance (DeFi) altcoin that's been showing strength this year is likely due for a big bounce.

Trader Predicts Big Bounce for DeFi Altcoin, Updates Forecasts on Fantom and Polygon

Chainlink

Popular crypto strategist Michaël van de Poppe is predicting bullish continuations for a handful of altcoins, including Avalanche (AVAX), Polygon (MATIC) and Chainlink (LINK). Van de Poppe tells his 649,000 Twitter followers that he believes the trend for smart contract platform Avalanche is still up, despite its recent pullback.

Extended Rallies for Avalanche, Polygon, Chainlink and Two Additional Assets Incoming, Predicts Top Crypto Analyst

A widely followed crypto analyst is updating his outlook on Fantom (FTM), The Graph (GRT) and Fetch.ai (FET). In a new strategy session, Michaël van de Poppe tells his 163,000 YouTube subscribers that Ethereum (ETH) rival Fantom could dip as low as $0.33 only to bounce up 50%. “$0.

Trader Updates Outlook on Fantom, the Graph and AI Altcoin That's Up 530% This Year – Here Are His Targets

Shiba Inu

A widely followed crypto strategist thinks that Shiba Inu (SHIB), Avalance (AVAX), Fantom (FTM) and one more altcoin are likely not yet done rallying. Pseudonymous analyst Altcoin Sherpa tells his 191,000 Twitter followers that meme coin Shiba Inu is likely headed to $0.000016 after taking out resistance at $0.000013.

Analyst Forecasts Extended Rallies for Shiba Inu, Avalanche, Fantom and One Additional Crypto Asset

Decentralized finance (DeFi) veteran and Fantom (FTM) founder Andre Cronje is identifying the core areas of focus for the foundation behind one of Ethereum's (ETH) biggest rivals.

Andre Cronje Names the Core Focus of Fantom Foundation, Says DeFi Is Here To Stay

It's been another big week for Fantom and its native FTM token after the project outlined plans to revive its native stablecoin.

FTM Soars 35% on the Week as Fantom Preps Stablecoin Relaunch

A widely followed crypto analyst is updating his outlook on Bitcoin (BTC), Cardano (ADA) and Ethereum (ETH) rival Fantom (FTM) after the Federal Reserve raised interest rates by a quarter percentage point.

Top Trader Updates Outlook on Ethereum Rivals Cardano and Fantom, Says Bitcoin Must Hold $23,000 to Avoid Larger Pullback

A pseudonymous crypto analyst shared an outlook on Bitcoin (CRYPTO: BTC) and altcoins Fantom (CRYPTO: FTM), Solana (CRYPTO: SOL)  and Cardano (CRYPTO: ADA). What Happened: Altcoin Sherpa told his 190,500 followers on Twitter that the longer Bitcoin hovers around $23,000 to $24,000, the more bullish he is.

Analyst Predicts Crucial Targets For Bitcoin, Solana, Fantom: 'Looks Extremely F***ing Strong'

A leading crypto analytics firm is suggesting that Fantom (FTM), a top Ethereum (ETH) rival, is only in the beginning stages of a major rally. Smart contract platform Fantom is trading for $0.635 at time of writing, up 27% in the last 24 hours, and up over 164% since 2023 began.

Ethereum Rival That's Soared 160% in Just One Month May Be in Early Days of Massive Rally, According to Crypto Analytics Firm

A popular crypto strategist says Bitcoin (BTC) and two Ethereum (ETH) rivals, Solana (SOL) and Fantom (FTM), have more room to run. Pseudonymous analyst Altcoin Sherpa tells his 190,500 Twitter followers that Bitcoin is likely to surge at least 25% from its $24,007 value at time of writing.

Bitcoin, Solana and Additional Ethereum Rival Have Higher To Go, Says Top Crypto Analyst – Here Are His Targets

The migration from version 1 will result in liquidations of any positions where fUSD debt is equal to or greater than the FTM backing it.

Fantom Blockchain to Release Version 2 of fUSD Stablecoin

Fantom (CRYPTO: FTM) surged 17% in the past 24 hours, following news from the Fantom Foundation that Axelar will provide interchain communication for the platform and its associated Web3 ecosystem.  What Happened:  FTM is outperforming apex crypto Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in top intraday gains.

L-1 Token Soars 17% To Outshine Bitcoin, Ethereum: Analyst Sees Price Doubling As 'Chart Looks Great'

A popular crypto trader says Ethereum (ETH) rival Fantom (FTM) could double in price while updating his outlooks on Bitcoin (BTC) and two altcoins. Pseudonymous trader Altcoin Sherpa tells his 189,900 Twitter followers that Fantom is finding bullish support at a key price level of around $0.44 and could soon shoot up by 100%.

News for Fantom Crypto (FTM)