Fantom price is up over 21% today, making it the biggest gainer on Crypto.com. With a 24-hour trading volume of $1.76 billion and a market cap of $7.36 billion, Fantom is a significant player in the crypto space. Let’s look at Fantom and its token FTM and see why the price is rising. What Is Fantom? Initially launching in December 2018, Fantom describes itself as a fast, high-throughput open-source smart contract platform for digital assets and dApps. Fantom’s asynchronous Byzantine Fault Tolerance (aBFT) consensus protocol delivers unparalleled speed, security, and reliability, making Fantom an excellent choice for various crypto applications.
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