Fantom might just be the answer to your investment prayers
The recent news that Fantom (FTM) has gained 39% in just seven days following its integration with Axelar Network is just more evidence that it is a winner in the crypto world these days. Its popularity has certainly been boosted by the addition of this fantastic new technology.
What is Fantom (FTM)?
Fantom is a novel blockchain ecosystem and the world’s first Directed Acrylic Graph (DAG) based smart contracts platform. It provides a network that is scalable, secure, and sustainable for users to deploy and run dApps. Its core feature is its ability to create and manage an entire decentralized ecosystem with its high throughput, low latency consensus protocol called the Lachesis protocol.
What is the Axelar Network?
The Axelar Network is a governable, secure, and scalable blockchain protocol designed to support the deployment of dapps. It is being developed as a next-generation analytics and infrastructure platform. It is designed to enable developers to deploy and maintain applications with minimal effort and maximum security.
What Does This Integration Mean For Fantom?
The integration of Fantom (FTM) with the Axelar Network has been a boon for the project and its investors alike. It has enabled Fantom to continue its scaling ambitions, benefit from increased decentralization, and improved security protocols.
Moreover, it has also helped the coin gain more traction from investors. The fact that it has gained 39% in just seven days is testament to this.
What Are The Benefits of Investing In Fantom?
There are a number of great benefits to investing in Fantom (FTM), here are just a few:
- High throughput: Fantom’s Lachesis consensus protocol is able to process thousands of transactions per second.
- Low latency: This high-speed consensus protocol is able to process nearly real-time transactions.
- Secure network: It is backed by secure cryptography and a new consensus mechanism.
- Scalability: The protocol is designed to scale as the user base increases.
- Decentralized: It has no centralized governing body or authority.
- Cheap: Transaction fees are much lower than in existing blockchains.
Bottom Line
So, if you have been looking for a hot new crypto to invest in, then you might want to check out Fantom (FTM). The fact that it has gained 39% in just seven days following its integration with the Axelar Network is pretty impressive. So why not take advantage of this golden opportunity and add Fantom (FTM) to your portfolio? It just might make your investment prayers come true!
