Fantom (FTM) surges over 10% in a single day; core developer AC: #FantomSonic testnet to be launched

During the simultaneous rise of the top ten cryptocurrencies by market value such as BTC, ETH, SOL, and LINK, Fantom (FTM), a public blockchain, also leads the top gainers among the top 100 cryptocurrencies, with a daily increase comparable to LINK. What is happening with Fantom (FTM)?

Lead Developer AC: #FantomSonic High-Speed Testnet to be Launched

Fantom's lead developer Andre Cronje revealed last year's research findings on 10/20, significantly reducing Fantom's block space and gas fees. With additional updates, Fantom is now capable of achieving 4 times the transaction throughput and will be releasing a testnet.

Reportedly, the testnet is set to go live on 10/24.

Massive, almost 4x throughput after we implemented. We are actually releasing the testnet for this in the next few days;

As soon as its public I will send you some more technical details.

Supetset insructions are only one of the componentshttps://t.co/NR03du8oPf

— Andre Cronje (@AndreCronjeTech) October 19, 2023