The price of Fantom (FTM) crypto recently surpassed $1, driven by increasing utility and a shift in market sentiment towards blockchain use cases. This rally distinguishes Fantom from meme coins and highlights investor focus on real-world applications of blockchain technology. Despite falling from its historical peaks, active users and total value locked remain high. The stablecoin market cap also contributes to the ecosystem's activity. Trading volume and inflows indicate cautious optimism among investors. Technical indicators, such as the golden cross between the 13-day MA and 49-day MA, suggest the possibility of sustained positive momentum. However, support levels are currently at $0.87 and $0.74. Fantom's migration to Sonic could further enhance scalability and user experience, attracting developers and investors to the ecosystem. Companies like Neptune Digital Assets are expanding their FTM holdings and utilizing innovative strategies, indicating confidence in Fantom's growth. Analysts predict the FTM price to range from $0.8622 to $3.69 in 2025, with a particularly bullish outlook by November 2025. Overall, investors are closely monitoring Fantom's progress and market dynamics for future opportunities.



Other News from Today