Fantom has gained over 150% in the past month to become the best-performing crypto that’s not a meme coin in that time as interest in FTM skyrockets.
The surge is driven by the upcoming Sonic upgrade, which will offer unprecedented storage and scalability to users with one-second finality and 2,000 transactions per second.
While it has been a meme coin bull rally with tokens like Dogwifhat and BOOK OF MEME surging upwards of 600% and 1,200%, respectively, over the past month, one non-meme token has stood out: Fantom. FTM has surged in the past few weeks as an upcoming upgrade drives investor interest in the token.
FTM was trading at 40 cents a month ago before embarking on a rally that took it to a market high of $1.19, the highest it has traded since April 2022. It’s changing hands for $1.05 at press time as its price retraced since the weekend began. Despite losing momentum, the token has gained 19.4% in the past week.
Fantom’s rise has seen FTM set the record for the highest
