Fantom Network is showing signs of impending bullish run as network statistics picks momentum.
The protocol is exploring alternative bridge solutions amidst Multichain woes.
Just like many other crypto assets in the ecosystem, Fantom’s (FTM) price is currently fluctuating at a very close range, waiting for a trigger to resume its upward trend. Markedly, Fantom’s price has been moving sideways for the last few weeks, picking profits and losses on the way. At the time of this writing, FTM was trading at $0.2744, up by 0.39% in the last 24 hours.
For almost three months now, the token has been stuck under a key barrier that has kept it below the 50-day Exponential Moving Average (EMA) as featured in the sad exploit of the Multichain bridge. Rather than get deterred by this event, Fantom investors now appear to be aiming at pushing a price resurgence in defiance to the current market outlook.
On-chain data shows that FTM holders’ engagement has grown significantly and in the last mon

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