Fantom (FTM) Coin Price Prediction – 2023, 2025, 2030

Fantom (FTM) Overview

Fantom (FTM) Introduction

The blockchain is arguably one of the most influential and disruptive technologies of the 21st century. It is transforming every facet of virtual life, making interaction and business more accessible, seamless, and fast. The blockchain is, however, not without challenges. A significant challenge of the technology is what is known as the blockchain trilemma.

The blockchain trilemma is the seemingly impossible challenge of simultaneously improving speed, security, and decentralization. The argument is that scaling speed, safety, and retaining decentralization simultaneously is impossible without some trade-offs. A shining example of this issue is the Bitcoin network which enjoys sophisticated security and decentralization but suffers slow transaction speed. This often results in network congestion and, consequently, high transaction fees. This trilemma led to the creation of the Fantom project. The Fantom project aims to deploy an infinitely scalable, secure, decentralized platform for DeFi services.

What is Fantom (FTM)?

Fantom emerged as a platform for smart contracts to aid the improvement of decentralized finance services through its improvised consensus algorithm. Fantom runs on the Directed Acyclic Graph (DAG) protocol. Its goal is to deploy unparalleled transaction throughput for DeFi smart contract platforms.

Fantom is an open-source, decentralized smart contract platform for decentralized applications and crypto-assets. Fantom provides tools for the seamless integration of DeFi apps in its pursuit of scalability, security, and decentralization.

As a Layer1 blockchain, Fantom uses an improvised yet novel consensus design known as Lachesis, an independent consensus layer. The technology uses smart contracts to enable Defi-related activities. The Model provides massive security, transcending Layer1 to Opera, Fantom’s EVM-compatible smart contract chain.

Fantom can process thousands of transactions per second for meager fees. In other words, It provides massive scalability at a low cost. The Fantom ecosystem is powered by two main tech components: the Lachesis protocol and Opera.

The Lachesis provides transaction speed and security, which is the base consensus layer of Fantom. The Lachesis uses asynchronous byzantine fault tolerance (ABFT) proof-of-stake consensus to effectively secure the Fantom network and provide speed. On the other hand, the Opera is an open-source permissionless application development environment for hosting DApps.

With its EVM integration and use of the Solidity programming language, Fantom intelligent contracts allow developers to interact with Ethereum applications while enjoying the massive throughput efficiency of Fantom.

Fantom (FTM) Fundamental analysis

As cryptocurrency usage expands, the need for security, speed, and decentralization intensifies. With more crypto users, activities are bound to increase; consequently, network congestion might increase transaction costs. Fantom’s ability to combine security, speed, and decentralization in one network is therefore phenomenal. Fantom’s design is the perfect recipe for growth and attention in a crowded crypto market.

Scalability

Fantom’s Lachesis protocol makes it possible to process thousands of transactions in seconds, and this capability can be expanded further. Transaction speed on the Fantom network is exceptionally high, which eliminates the possibility of network congestion. Transaction fees are significantly low, and its smart contracts capabilities allow for interaction with the Ethereum platform.

Collaborations

Fantom has partnered with Oracles Chainlink to deploy more secure and scalable DeFi products, such as stable coins and synthetic assets. Fantom has also partnered with Band Protocol to deploy real-time on-chain data. Another significant partnership was struck with Graph QL API, enabling data querying. Other collaborations have been struck with Covalent for access to historical blockchain data; Ankr, for easy blockchain connectivity, API3; for secure data feeds, Creaticles; an NFT marketplace, Poloniex; a crypto exchange and XP network for the creation of Ethereum-based projects.

Fantom has also partnered with crypto exchanges such as Binance, FTX, Gate.io, Gemini, Bitstamp, and Kraken, among others, to facilitate the sale and purchase of the Fantom token.

Fantom (FTM) Current Price

Fantom is currently worth $0.747463 USD. FTM has moved -2.62% in the last 24 hours with a trading volume of $149,001,726. Fantom is currently ranked 52 amongst all cryptocurrencies with a market capitalization of $2,095,611,970 USD.

Utilizing the relative strength index (RSI), moving weighted average (MWA), williams fractal (fractal) and moving average convergence divergence (MACD) from the chart above, we can determine price patterns for Fantom (FTM) to decide wether it is going to have a bullish or bearish year.

Fantom (FTM) Price Predictions

Scalability holds a pride of place in the crypto space. Hence, a platform with almost infinite scalability is bound to grow exponentially. Fantom’s ability to process thousands of transactions in seconds keeps transaction costs low. Also, Its smart contract capabilities allow interaction with Ethereum projects, creating considerable growth possibilities. More so, its collaborations amplify the visibility and attractiveness of the network.

Our price prediction forecasts use real-time Fantom (FTM) market data and all data is updated live on our website. This allows us to provide dynamic price predictions based on current market activity.

Fantom (FTM) Price Prediction 2023

Fantom, according to some, is one of the most amazing cryptocurrencies to rise this year (FTM). The FTM price forecast for 2023 anticipates a significant increase in the year’s second half, possibly reaching $1.12.

As with other cryptocurrencies, the rise will be gradual, but no considerable drops are expected. Averaging $1.05 in price is quite ambitious, but it is feasible in the near future given anticipated collaborations and advancements. FTM is expected to have a minimum value of $0.896955.

Fantom (FTM) Price Prediction 2024

In 2024, Fantom FTM price prediction has much room for expansion. As a result of the potential announcements of numerous new partnerships and initiatives, we anticipate that the price of FTM will soon surpass $1.87. However, we should wait to see if the FTM’s relative strength index comes out of the oversold zone before placing any bullish bets.

Considering the market volatility, FTM will trade with a minimum trading price of $1.49 and an average trading price of $1.64.

Fantom (FTM) Price Prediction 2025

If the upward trend continues until 2025, it could reach $2.62 and FTM may profit. If the market experiences a decline, the goal may not be met. FTM is expected to trade at an average price of $2.39 and a low of $2.24 in 2025.

Fantom (FTM) Price Prediction 2026

If Fantom successfully boosts market sentiment among cryptocurrency enthusiasts, the FTM coin price could remain stable for the next five years.

According to our projections, FTM will be green in 2026. The FTM is expected to reach and surpass its all-time high in 2026. In 2026, the virtual currency will be worth $3.36, with a minimum price of $2.99 and an average price of $3.14.

Fantom (FTM) Price Prediction 2027

After some extensive forecasting and technical analysis, we estimate the FTM price is expected to cross an average price level of $3.89 by 2027, with a minimum price of $3.74 expected before the end of the year. Furthermore, FTM has a maximum price value of $4.11.

Fantom (FTM) Price Prediction 2028

Due to the future partnerships that are expected to happen by 2028, we are expecting that a bullish trend will continue, bringing the average price to around $4.63. If FTM manages to break the resistant level in 2028, we could see a maximum price of $4.86, failing to gather the support FTM needs by 2028 could result in a low of $4.48.

Fantom (FTM) Price Prediction 2029

While FTM is striving towards interoperability between networks to hasten interaction, the bullish trend from the previous year is expected to continue. So the minimum trade price has been placed at $5.23 and a yearly price close above $5.61 in 2029.

Fantom (FTM) Price Prediction 2030

By 2030, Fantom will finally surpass its previous ATH values and record new price levels. The minimum price could be $5.98 and potentially reach a maximum price value of $6.35, averaging out at $6.13.

Fantom (FTM) Price Prediction 2031

The cryptocurrency market is known to be highly volatile which is one of the many reasons why price forecasting is a difficult task. BitcoinWisdom tries our best to forecast future price points with precision, however all predictions should not be taken as financial advice and you should DYOR (do your own research). In 2031, we are expecting cryptocurrency to have gained adoption across many sectors. As such, the maximum FTM price in 2031 is projected to be $7.33 in the event of a bull run, with an average price level of $7.03.

Conclusion

A platform where speed and security meet decentralization would chart the way to the future of the blockchain. That said, Fantom is leading the charge towards the simultaneous improvement of DeFi activities and transactions, and immense rewards are bound to follow. Our Fantom price predictions combine the project’s technical interpretations and fundamental analysis via our high-level machine learning algorithms and artificial intelligent systems. Our predictions are based on historical data and performance, project use cases, support, and collaborations, among other important metrics. As blockchain expansion demands more scalable solutions, Fantom will continue providing the tools for security, speed, and decentralization.

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