Sonic

Bitcoin

Fantom (Migrated to Sonic)

Sonic (prev. FTM)

<ul class="wp-block-list news-points">
 <li><strong>The cryptocurrency market staged a comeback this week.</strong></li>
 <li><strong>Fantom’s (FTM) 43.73% rally caught investors’ attention.</strong></li>
 <li><strong>BTC investors are cautious despite the flagship crypto’s rebound.</strong></li>
</ul>
<p>The cryptocurrency market has shown <a href="https://www.youtube.com/watch?v=bOL5gqiAjSk" target="_blank" rel="noopener noreferrer nofollow">signs of life this week</a>, with Bitcoin surging 10.74% and surpassing the $58,000 mark. However, it is Fantom (FTM) that is stealing the spotlight with a remarkable 43.73% rally, reaching $0.5149 on Tuesday.</p>
<h2 class="wp-block-heading" id="h-fantom-s-rally-driven-by-strategic-updates-and-new-testnet">Fantom’s Rally: Driven by Strategic Updates and New Testnet</h2>
<p>Analysts attribute Fantom’s recent surge to strategic updates from Sonic Labs, a Fantom incubator. These updates highlighted FTM’s strong performance, pushing its price from a local low of $0.3574 to $0.5149. A recent blog post by Sonic Labs’ CTO, Andre Cronje, announcing plans to introduce credit scores for digital wallets on the Sonic blockchain, further fueled FTM’s rally.</p>
<p>Additionally, Fantom’s launch of a new testnet, achieving transaction finality in a mere 720 milliseconds, has added to the positive momentum. Analysts view this as a significant achievement for the blockchain project.</p>
<h2 class="wp-block-heading" id="h-bitcoin-s-historical-september-struggles">Bitcoin’s Historical September Struggles</h2>
<p>Despite the recent market rebound, Bitco…</p>
<p>The post <a href="https://coinedition.com/fantom-surges-43-outshining-bitcoins-10-gain/" rel="noopener noreferrer nofollow">Fantom Surges 43%, Outshining Bitcoin’s 10% Gain</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Fantom Surges 43%, Outshining Bitcoin’s 10% Gain

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