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Fantom Price Rallies 63% Shooting Past $1, Where’s FTM Going Next?

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65% Informative

Smart contract platform Fantom ’s native cryptocurrency FTM gained another 10.69% in the last 24 hours , shooting past an important milestone of $ 1.20 .

Fantom price has witnessed a remarkable 63% surge along with a notable increase in daily active addresses on the network.

The main goal of the “ Sonic ” upgrade is that developers plan to boost Fantom 's position in the DeFi industry.

At one point, during the 2021 bull run, the Fanton DeFi TVL surged all the way to $ 15 , however, it has now dropped to $320 million .