The FTM token, the primary asset of the prominent altcoin project Fantom, experienced a noteworthy increase in value over the past week, rising by 13%. This surge in price surpassed the overall cryptocurrency market’s performance, as indicated by numerous indices. The positive response from investors can be attributed to the ongoing Sonic update of the Fantom Blockchain network and the substantial growth in the total value locked (TVL) within its decentralized applications (dApps).
