Recently, the established public chain Fantom has performed well in the market, with FTM rising by more than 146.2%. This is inseparable from the propaganda of Fantom Foundation Director Andre Cronje. In recent months, Andre Cronje has frequently released news about Fantom’s ecological progress, which has greatly increased investors’ expectations for FTM. Fantom adopts aBFT (Asynchronous Byzantine Fault Tolerance) consensus mechanism to successfully solve the state expansion problem in the blockchain. In addition, Fantom also introduced the new database technology Carmen, which greatly reduces the current activation status expansion.

The Fantom Foundation announced the launch of its latest technology upgrade, Fantom Sonic, designed to increase the scale and performance of the network. The new upgrades include new virtual machines, enhanced database storage, and optimized consensus mechanisms. Fantom Sonic will enable more than 2,000 transactions per second, with an average finalization time of one second and a fraction of the storage requirements of its predecessor, Opera. Fantom Sonic's test network has been running for 5 months and has shown good performance in all aspects of token transactions and transmission, and withstanding traffic pressure.

The release of the Fantom Sonic official network is planned for the spring of 2024, which is one of the important developments that the Fantom community and even the DeFi community are looking forward to in 2024. Fantom Sonic will bring a richer and more prosperous project ecosystem to the Fantom community. Fantom announced the five winning projects of the Sonic Labs Entrepreneurship Accelerator Program, including the sustainable DEX project Lynx, the social protocol Thunder Dome, the P2P lending platform Dēbita, the green technology start-up KiriCoin, and the RPG chain game Froqorion. The community is also waiting to see whether Fantom Sonic can make these projects stand out in their respective fields?

Today, when the narrative of the public chain has reached the point of involution, whether Fantom with the blessing of AC can achieve greater glory still needs to wait for time to verify. What do you think of the future of Fantom? Welcome to share your opinions in the comment area! 😊