- Today’s price of FTM token Fantom has risen 5.9%
- Its value has increased by over 52% in the last week.
- Fantom ecosystem is working on a variety of upgrades in the coming days.
The current crypto market recovery is being led by Fantom’s (FTM) price after it registered a 128.8% increase in price over the past 30 trading days. After Fantom’s launch of Ecosystem Vault, an on-chain financing system Ecosystem Vault, the bullish trend gained momentum in the last week.
FTM has risen by more than 52% in the Ecosystem vault launch and investors expect further price movement ahead a few of the upcoming upgrades.
Expected Fantom upgrades
Fantom, a Directed Acyclic Grid (DAG), smart-contract blockchain that provides Decentralized Finance (DeFi) services for Decentralized Applications (DApps). Due to its unique design, the blockchain has experienced tremendous growth.
Fantom’s Chief Marketing Officer (CMO), Simone Pomposi, recently announced that the Fantom community should be ready for a number of upgrades according to the blockchain’s revised roadmap.
One of the highly anticipated upgrades is the new “Go-Opera’s profiling and bottleneck identification” database dubbed Carmen.
Carmen Database Update pic.twitter.com/Q41TrQ2Fro
— Simone Pomposi (@theotherpomp) January 26, 2023
Carmen will enable faster cryptographic hashes, customization of Fantom, and more efficient Fantom.
Fantom will also be launching a new virtual computer called Toscha. This new virtual machine, which can run eight times faster and require less storage, is in addition to the new database.
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