Derived from BitJie, Fantom has completed its rebrand to Sonic (S), a new blockchain capable of processing up to 10,000 transactions per second with sub-one-second confirmation times. The migration includes a 1:1 token swap from FTM to S, and most exchanges and wallets now support the transition automatically. Analysts note that Fantom (Sonic) is currently testing its 2022 low, potentially forming a wedge pattern within a larger ABC corrective downtrend. A bullish signal may emerge if the price moves above the 0.45 level.
Fantom Completes Rebrand to Sonic Blockchain with 10,000 TPS
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