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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.

Non-fungible token (NFT) sales managed to climb higher during the last seven days than the previous week's overall sales. This week's NFT sales managed to jump over 6.3% after recording more than $153 million in sales compared to last week's $144 million.

Weekly NFT Sales Show Improvement, Fantom and Immutable X NFT Volume Spikes

Bitcoin

A popular crypto analyst is laying out his roadmap for Bitcoin (BTC) and two altcoins, including an Ethereum (ETH) competitor. Michaël van de Poppe tells his 621,800 Twitter followers that Bitcoin is currently consolidating.

Here's What's Next for Bitcoin, Fantom and One Under-the-Radar Altcoin, According to Top Crypto Trader

Fantom (FTM) token emissions may continue beyond 2024 based on the outcome an ongoing governance vote that seeks to cut staking rewards. The post Fantom community voting on a proposal to reduce staking rewards appeared first on The Block.

Fantom community voting on a proposal to reduce staking rewards

Aave

An Aave governance proposal suggests removing Fantom integration amid so many recent DeFi bridge hacks. Is the multi-chain narrative sinking fast?

Aave Proposal Would Cut Off Fantom Amid Security Fears

A governance vote saw an overwhelming number of community members in favor of using one-third of Fantom's burn fees to fund new projects.

Fantom to Fund Ecosystem Projects Using Portion of Burn Fees

The Fantom (FTM) community has voted to use a third of the burn fees on transactions to fund ecosystem projects instead. The post Fantom community decides to use burn fee to fund ecosystem projects appeared first on The Block.

Fantom community decides to use burn fee to fund ecosystem projects

A closely followed crypto analyst is forecasting a surge for an Ethereum (ETH) challenger as one of its on-chain metrics shows promising strength.

Crypto Analyst Predicts Rally for Ethereum Rival Fantom (FTM) Amid Steady Growth in One On-Chain Metric

Fantom's (CRYPTO: FTM) native token was the top gainer among cryptocurrencies last week, followed closely by Synthetix Network's (CRYPTO: SNX) native token, which recorded a similar uptick in price. Both tokens gained  24% over the last seven days, outperforming coins like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE).

These 2 DeFi Tokens Struck Big Gains Last Week, Outperforming Bitcoin, Ethereum

Curve DAO Token

Widely followed analyst Michaël van de Poppe says he believes that the bear cycle low is in for the crypto markets. Van de Poppe tells his 618,600 Twitter followers that the total market capitalization of all crypto assets managed to bounced just above a key bottom indicator. “The most important chart isn't Bitcoin.

Analyst Michaël van de Poppe Says Low Is In for Crypto, Predicts Breakouts for Curve (CRV) and Fantom (FTM)

Cardano

Polygon

Avalanche

A widely followed crypto analyst is updating his outlook on several leading altcoins as the markets stumble. Crypto trader Michaël van de Poppe tells his 618,000 Twitter followers that Cardano (ADA) is currently meeting resistance. “ADA Looking strong here, but at resistance. If we crack through, I'm assuming we'll see $0.

Here's What's Next for Polygon, Cardano and Three Additional Altcoins, According to Analyst Michaël van de Poppe

Popular crypto strategist Michaël van de Poppe says he expects surges for a handful of altcoins. Van de Poppe tells his 616,600 Twitter followers that BNB, the coin powering Binance and the smart contract platform BNB Chain, is flashing strength after breaching resistance at $240. “Held the area around $216 again.

Top Crypto Analyst Michaël van de Poppe Predicts Strong Rallies for Polygon, THORChain and Two Ethereum Rivals

Ethereum

A popular crypto strategist is predicting rallies in the coming weeks for a trio of digital assets including Bitcoin (BTC), Ethereum (ETH) and Fantom (FTM). Analyst Michaël van de Poppe tells his 615,500 Twitter followers that he's bullish on BTC, ETH and FTM as he expects the three crypto assets to surge in the next […] The post Rallies Incoming for Bitcoin, Ethereum and One of ETH's Top Rivals, According to Analyst Michaël van de Poppe – Here Are His Targets appeared first on The Daily Hodl.

Rallies Incoming for Bitcoin, Ethereum and One of ETH's Top Rivals, According to Analyst Michaël van de Poppe – Here Are His Targets

Widely followed crypto analyst Michaël van de Poppe is offering his outlook on four top-100 altcoins by market cap. Starting with XRP, Van de Poppe tells his 614,800 Twitter followers that XRP must turn its current resistance level of $0.33 into support before it can move higher. “XRP Starts to look better, but has to […] The post Top Crypto Trader Reveals Outlook for XRP, Polygon (MATIC), Cardano (ADA), and Ethereum Challenger Fantom (FTM) appeared first on The Daily Hodl.

Top Crypto Trader Reveals Outlook for XRP, Polygon (MATIC), Cardano (ADA), and Ethereum Challenger Fantom (FTM)

Chainlink

Popular crypto analyst Michaël van de Poppe is updating his price targets for a trio of altcoins, including Ethereum (ETH). Van de Poppe tells his 614,600 Twitter followers that oracle network Chainlink (LINK) is currently at an opportune price. “Chainlink at $6-8 is still an opportunity of a lifetime.” Van de Poppe predicted in late May […] The post Analyst Bullish on Chainlink (LINK), Says Ethereum (ETH) and One Small-Cap Altcoin Could Be Ready for Rallies appeared first on The Daily Hodl.

Analyst Bullish on Chainlink (LINK), Says Ethereum (ETH) and One Small-Cap Altcoin Could Be Ready for Rallies

A popular analyst is bullish on the short-term prospects of three altcoins despite the gloomy sentiment surrounding the crypto markets. Crypto strategist Michaël van de Poppe tells his 614,500 Twitter followers that leading smart contract platform Ethereum (ETH) appears poised for a quick rally after recapturing a key low timeframe support. “Ethereum needs to break […] The post Bullish Continuations Imminent for Ethereum, Binance Coin and Fantom, According to Analyst Michaël van de Poppe appeared first on The Daily Hodl.

Bullish Continuations Imminent for Ethereum, Binance Coin and Fantom, According to Analyst Michaël van de Poppe

The largest Ethereum whales in existence are accumulating one enterprise-grade blockchain platform plus a pair of linked decentralized finance (DeFi) tokens. Blockchain tracker WhaleStats categorizes Ethereum whales as investors with at least 1,000 ETH in their wallets, and on average they;re currently interested in Fantom to the tune of 26,200 FTM tokens at a cost […] The post Biggest Ethereum Whales Jump Into Fantom and Two DeFi Altcoins That Rallied Over 60% This Week: On-Chain Data appeared first on The Daily Hodl.

Biggest Ethereum Whales Jump Into Fantom and Two DeFi Altcoins That Rallied Over 60% This Week: On-Chain Data

The funding will come from 10% of all Fantom transaction fees and will be held in an Ecosystem Support vault. The post Fantom community voting on whether to use burn fee to fund projects appeared first on The Block.

Fantom community voting on whether to use burn fee to fund projects

Two gateways provided by Ankr were exploited on Friday.

Two Polygon, Fantom Front-Ends Hit by DNS Attack

Users of the two networks have been urged to use other node providers while the issue is being fixed. The post Hackers hijack Ankr gateway for Polygon and Fantom networks appeared first on The Block.

Hackers hijack Ankr gateway for Polygon and Fantom networks

Fantom (CRYPTO: FTM) announced Wednesday that Chainlink (CRYPTO: LINK) Keepers and Chainlink VRF (Verifiable Random Function) are live on the Fantom Mainnet. What Happened: To further enhance the functionality and security of decentralized applications on Fantom, Chainlink Keepers and Chainlink VRF are going live on Fantom's mainnet.

Chainlink Keepers, Chainlink VRF Are Going Live on Fantom Mainnet

Two protocols, Keepers and VRF, will allow developers to deploy more sophisticated applications on the Fantom network.

Chainlink's Smart Contract Products Go Live on Fantom

Widely followed crypto analyst Michaël van de Poppe is predicting what might be in store for a trio of popular altcoins. Van de Poppe tells his 613,800 Twitter followers that leading smart contract platform Ethereum (ETH) appears to have decent momentum after rallying back from monthly lows under $1,000 on June 18th and 19th. “Great […] The post Analyst Predicts Ethereum (ETH) Bounce, Updates Outlook on XRP and Fantom (FTM) appeared first on The Daily Hodl.

Analyst Predicts Ethereum (ETH) Bounce, Updates Outlook on XRP and Fantom (FTM)

Polkadot

Decentraland

Solana

A robot with a reputation for outpacing the crypto markets is presenting its latest portfolio allocations as Bitcoin (BTC) and Ethereum (ETH) attempt to stay afloat. Each week the Real Vision Bot conducts surveys in order to create algorithmic portfolio assessments consistent with a “hive mind” consensus. The bot's newest data finds that traders' risk […] The post Algorithm Known for Outperforming Bitcoin and Crypto Markets Reveals New Altcoin Picks for the Week appeared first on The Daily Hodl.

Algorithm Known for Outperforming Bitcoin and Crypto Markets Reveals New Altcoin Picks for the Week

A widely followed crypto analyst says Bitcoin (BTC) and two Ethereum (ETH) competitors are due for relief bounces. Trader Michaël van de Poppe tells his 613,300 Twitter followers that BTC is ready for an approximately 8% rebound from current levels. “Bitcoin ready for $23,000.” Bitcoin is trading for $21,275 at time of writing, up 3.4% from 24 hours […] The post Crypto Analyst Michaël van de Poppe Predicts Bitcoin Bounce Incoming, Plots Path Ahead for Ethereum Rivals Cardano and Fantom appeared first on The Daily Hodl.

Crypto Analyst Michaël van de Poppe Predicts Bitcoin Bounce Incoming, Plots Path Ahead for Ethereum Rivals Cardano and Fantom

Widely followed analyst Michaël van de Poppe is assessing three crypto assets for potential entry points while laying out his price targets. The trader tells his 612,900 Twitter followers that enterprise-solution blockchain Zilliqa (ZIL) could possibly break out toward the $0.05 level if it can find support above $0.0375. “A play I'd be looking at […] The post Here's What's Next for Ethereum, Fantom and One Additional Altcoin, According to Analyst Michaël van de Poppe appeared first on The Daily Hodl.

News for Fantom Crypto (FTM)