• The worth of the Fantom token, FTM, has risen by 5.9% as we speak.
• Its value has risen by greater than 52% within the final week.
• The Fantom ecosystem is making ready for a lot of upgrades within the coming days.

Fantom (FTM) value is main the present crypto market restoration after registering a 128.8% value surge over the previous 30 days. The bullish development has gained momentum over the previous week after Fantom introduced the launch of an on-chain funding system Ecosystem Vault.

FTM has surged by greater than 52% because the Ecosystem vault was launched and traders predict additional value motion forward of a lot of upcoming upgrades.

Anticipated Fantom upgrades

Fantom is designed as a Directed Acyclic Graph (DAG) sensible contract blockchain offering decentralized finance (DeFi) providers to Decentralized Functions (DApps) builders. The blockchain has seen great development on account of its distinctive design and capabilities.

Fantom’s Chief Advertising Officer (CMO), Simone Pomposi, not too long ago introduced that the Fantom neighborhood needs to be prepared for a lot of upgrades in response to the blockchain’s revised roadmap.

One of many extremely anticipated upgrades is the brand new “Go-Opera’s profiling and bottleneck identification” database dubbed Carmen.

2/n

New Database: Carmen pic.twitter.com/Q41TrQ2Fro

— Simone Pomposi (@theotherpomp) January 26, 2023

Carmen will enable quicker cryptographic hashes and customization of Fantom.

Apart from the brand new database, Fantom can also be gearing up for a brand new digital machine dubbed Toscha, elevated mainnet efficiency in order that it may be eight instances quicker, and decreased storage requirement by 98%.