Bittime -Good news for Fantom (FTM) fans! Fantom has ambitions to rise with their newest technology, Sonic, which is scheduled for release in late summer or early fall this year.
Sonic: A New Generation of Fantoms
According to Fantom Foundation CEO, Michael Kong, Sonic technology will be the next generation of Fantom networks. Sonic is claimed to be able to handle more than 2,000 transactions per second (TPS), as well as offering higher security, parallel transaction execution, and even zero-knowledge scaling in the future. Kong said that the transactions per second that Sonic offers are not just theoretical numbers. This capability has been proven through the Sonic test network (testnet).
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Airdrop for Active Users
The launch of Sonic was not only accompanied by increased network performance, but also by an FTM token airdrop program. The more you interact with the network, the more value you provide to the network, and the larger the airdrop you receive. However, complete details regarding this airdrop program are still being kept secret to avoid unhealthy airdrop hunting practices.
Also Read: Free Crypto Airdrop Awaited in 2024
Fantom Faces Hard Times
Fantom has had a rough few years since the crypto price spike in 2021. Total value locked (TVL) on Opera's Fantom network, which once reached nearly $8 billion, has shrunk by more than 98% to around $114 million.
Even so, Sonic's presence was welcomed positively by the market. The price of Fantom's native FTM token has surged 130% since Sonic's capabilities were showcased at ETH Denver in early March.
Also Read How to Buy Crypto:
Phantom Resurrection?
The launch of Fantom Sonic is a breath of fresh air for Fantom's future. This new technology is expected to improve network performance and attract investor interest again. The airdrop program that will be held will also be a special attraction for active Fantom users. Investors need to pay close attention to the latest developments regarding Fantom Sonic and other blockchain technologies
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How to Buy Crypto with Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Learn Complete Guide How to Buy Crypto on Bittime .
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
Fantom (FTM) Predictions According to Crypto Academy: Will It Bounce Back?
Fantom Leads: Highest DEX User Retention Rate Among DeFi Blockchains
DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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