The mid-cap layer-1 altcoin Fasttoken (FTN) has experienced a significant increase in whale activity, according to crypto analytics firm Santiment. Whale transactions, which are altcoin transactions worth over $100,000, have seen a 600% surge in FTN. Fasttoken is the native token of the Bahamut blockchain, which implements a unique consensus mechanism called Proof of Stake and Activity (PoSA). This mechanism considers both stake and users' activity with smart contracts when selecting block validators. FTN is currently ranked 66th by market cap and is trading at $3.94.



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