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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.

Popular crypto analyst Michaël van de Poppe is updating his outlook on XRP, Fantom (FTM), Aptos (APT) and two other altcoins. Van de Poppe tells his 646,200 Twitter followers that XRP must hold a key support level or it may see significant downside potential. “Now, I'd like to see $0.395 hold as support.

Here's What's Next for XRP, Fantom, Aptos and Two Additional Altcoins, According to Popular Crypto Analyst

Fantom (FTM) co-founder Andre Cronje is updating the smart contract platform's community as FTM continues to fly high since the new year. Cronje tells his 378,300 Twitter followers that no one should expect any announcements or reveals as they advance the Ethereum (ETH)-rival's ecosystem.

Fantom Founder Andre Cronje Makes ‘Announcement' As FTM Completes 103% Rally Since New Year

Fantom (FTM) has just launched a new on-chain ecosystem fund designed to provide capital for supporters looking to build on the Ethereum (ETH) rival's blockchain.

Ethereum (ETH) Rival Launches New Ecosystem Fund Amid Bullish Price Action in Crypto Markets

The fund is aimed at empowering builders on Fantom by offering a decentralized avenue for funding projects, ideas, and creations through a community-driven decision process.

Fantom Blockchain to Fund Ecosystem Projects Using Portion of Burnt FTM Fees

Layer 1 blockchain Fantom has launched ecosystem vault, a decentralized funding mechanism aimed at financing blockchain projects.

Fantom releases decentralized funding system called ecosystem vault

Cardano

Avalanche

Ethereum

Solana

Smart contract tokens and the decentralized finance economy have been on a tear during the last month, gaining against the U.S. dollar. The market capitalization of the smart contract platform token economy has swelled by $78 million over the last 30 days, increasing from $243 billion to the current $321 billion.

Smart Contract Tokens, Defi Economy See Strong Growth, Market Capitalization Swells by $78 Million in 30 Days

The foundation behind a major Ethereum (ETH) rival is recapping a huge year of growth in 2022. In a new blog post, the Fantom Foundation highlights a major growth in daily transactions on the ETH-rival blockchain.

Fantom Foundation Releases 2022 Recap Highlighting Massive Growth in Several Areas

Bitcoin

Litecoin

A widely followed crypto analyst is breaking down Bitcoin (BTC), Litecoin (LTC), Fantom (FTM) and one little-known altcoin that combines artificial intelligence (AI) and blockchain technologies. Crypto trader Michaël van de Poppe tells his 643,500 Twitter followers that BTC is “trending down” after two harsh rejections. “Still trending down. – Harsh rejection at $16,800.

Crypto Analyst Warns Bitcoin (BTC) ‘Still Trending Down', Looks at Litecoin, Fantom, and One AI Altcoin

Polygon

Closely followed crypto analyst Michaël van de Poppe says Litecoin (LTC), Polygon (MATIC) and Fantom (FTM) are positioned for rallies. The popular analyst tells his 643,300 Twitter followers that Litecoin will likely continue to move to the upside after a possible dip.

Top Crypto Analyst Forecasts Rallies for Litecoin, Polygon and One Ethereum Rival – Here Are His Targets

The architects behind Ethereum (ETH) competitor Fantom (FTM) are revealing an internal letter detailing the project's goals and points of focus for the new year.

Ethereum (ETH) Rival Fantom (FTM) Reveals Plans for 2023, Names One Critical Area of Focus

Dogecoin

A closely followed crypto strategist is analyzing four popular altcoins amid low volatility conditions in the market. Starting with meme asset Dogecoin (DOGE), pseudonymous trader Altcoin Sherpa tells his 10,700 YouTube subscribers that the eighth-largest crypto asset by market cap is currently holding a key support level.

Here's What's Next for Dogecoin, Binance Coin, Polygon and One Ethereum Rival, According to Top Crypto Analyst

Fantom (CRYPTO: FTM) has rallied over 35% in the past seven days, trading at $0.2461, recorded on Monday at 12 a.m. EST. What Happened: Apex cryptocurrency Bitcoin (CRYPTO: BTC) is up 6.56%, reaching the $17,000 mark as investor sentiment was largely unchanged going into the fresh trading week.

This Crypto Outperformed Bitcoin, Ethereum, Dogecoin Last Week With A Whopping 35% Gain

A widely followed crypto analyst is predicting that one Ethereum (ETH) rival is setting up for an epic surge even after outperforming the broader crypto markets over the last few days.

One Ethereum Competitor Is Gearing Up for Massive Rally, Says Crypto Analyst Michaël van de Poppe – Here's the Timeline

After the Fantom Foundation revealed its financial records, its native token Fantom (CRYPTO: FTM) rebounded over 50% in the last two days. What Happened: According to the records, Fantom Foundation generated consistent profits and has 30 years of cash runway without having to sell any FTM tokens.

Ethereum Rival Rebounds 50% In 2 Days After Revealing $10M Annual Revenue Amid FTX Contagion

Crypto prices traded higher this morning, with Bitcoin (CRYPTO: BTC), the most valued cryptocurrency in the world, trading above the $16,800 level on Wednesday. Ethereum (CRYPTO: ETH) also recorded gains, trading above the major $1,200 level.

Bitcoin, Ethereum Record Gains; Fantom Emerges As Top Gainer

Tezos

A popular crypto analyst says the best altcoins to accumulate right now include Solana (SOL), Polygon (MATIC) and five Ethereum (ETH) rivals.

Polygon, Solana and Five Ethereum (ETH) Rivals Are Top Altcoins for Accumulation: InvestAnswers

On October 27, the Fantom Foundation announced a collaboration with the security and analysis platform Dedaub in order to bolster Fantom's decentralized finance (defi) ecosystem. Dedaub's monitoring system called Watchdog will monitor smart contracts on the Fantom blockchain for exploits and buggy code.

Fantom Network Launches Automated Smart Contract Audit System Watchdog to Monitor for Bugs

Fantom has deployed an automated smart contract monitoring system called Watchdog to strengthen security on its blockchain. The post Fantom to automatically detect smart contract bugs with Watchdog appeared first on The Block.

Fantom to automatically detect smart contract bugs with Watchdog

A popular crypto strategist is bearish on Fantom (FTM) and two other altcoins while warning of a potential Bitcoin (BTC) crash. Pseudonymous analyst Altcoin Sherpa tells his 184,900 Twitter followers that smart contract-enabled blockchain Fantom is collapsing.

Crypto Trader Updates Outlook on Fantom and Two Altcoins, Warns of Potential Bitcoin Crash

A widely followed crypto analyst has revealed his top three most promising altcoins to accumulate before the next bull cycle.

Here Are Top Three Altcoins To Accumulate for the Next Bull Cycle, According to InvestAnswers

Closely followed crypto strategist Jason Pizzino is warning Cardano holders that ADA may witness an additional decline of over 50% even after this year's deep correction.

Top Crypto Analyst Warns Cardano Could Crash Further by Over 50%, Predicts What's Next for Solana and Fantom

Despite crypto winter, Michael Kong sees a bright multi-chain future for Fantom, but knows that not all the blockchains out there can survive.

Multiple Blockchains Will Succeed, ‘But Not 20 or 30': Fantom Foundation CEO

A popular analyst is digging into the charts to provide updated price targets for Ethereum (ETH) and a trio of crypto assets.

Top Crypto Strategist Predicts Rallies for Ethereum (ETH), Fantom (FTM) and Two Additional Altcoins

A popular crypto analyst is providing the forecast for a handful of crypto assets as the markets try to stabilize after a rocky week of trading. In a new strategy session, the pseudonymous Altcoin Sherpa says that Dogecoin (DOGE) actually lags behind fellow dog-themed meme coin Shiba Inu (SHIB) in terms of user popularity.

Here's What's Next for Dogecoin, Polygon, Chiliz and Two Ethereum Rivals, According to Top Crypto Trader

Chainlink

Widely followed crypto trader and analyst Michaël van de Poppe is predicting that two altcoins could surge by up to 50%.

News for Fantom Crypto (FTM)