The Fantom (FTM/USD) price maintained a major bullish trend during the weekend as the ecosystem continued to grow. The FTM coin is trading at $2.31, which was about 20% above the lowest level last week. The price is also a few points below its all-time high of $2.4560.
Fantom growth
Fantom is a fast-growing blockchain infrastructure platform that enables developers to build all types of decentralized applications (DAPPs). The platform has specifically become more popular among developers building decentralized finance (DeFi) platforms.
Indeed, data compiled by DeFi Llama shows that more than 40 projects have been built using Fantom. Their total value locked (TVL) has skyrocketed to more than $5.28 billion, which is a strong number considering that Fantom is a relatively new platform.
Some of the most popular DeFi projects built on Fantom are Geist Finance, which has a TVL of more than $2 billion. It is followed by other DeFi projects like SpookySwap, SpiritSwap, Beefy Finance, and Scream. In total, eight of the DeFi platforms built on Fantom have a TVL of more than $100 million.
Fantom has also built Fantom Finance, which is a platform DeFi platform that has a TVL of more than $100 million. Users can also stake FTM to earn strong interest.
Fantom is also positioning itself as the next big thing in decentralized gaming. The developers have allocated more than 370 million FTMs to fund developers building games on its network. At the current price, the value of this fund is more than $600 million, making it one of the biggest grants ever. So, what next for the FTM price?
Fantom price prediction
The four-hour chart shows that the FTM price
