What is FTM coin? Assessing the potential of Fantom (FTM) in 2025

Fantom (FTM) was once a highly regarded coin due to its advanced technology. However, Andre Cronje’s departure from the project significantly impacted Fantom, leading many investors to lose confidence in it. Currently, the FTM coin is trading at a much lower price compared to its all-time high. So, is it a good time to buy FTM coin now? Let’s explore Fantom – FTM coin, what it is, and its potential for price increase in the future.

What is FTM coin, and should you invest?

What is the Fantom crypto?

Before delving into what FTM coin is, let’s first understand the blockchain platform that created it – Fantom.

Fantom is an advanced network of blockchains providing a platform for building decentralized applications (DApps) and non-fungible digital assets (NFTs).

Fantom uses the Lachesis mechanism, an advanced aBFT consensus algorithm based on DAG. This makes the blockchains built on Fantom fast, secure, and highly scalable.

Unlike most platforms that fully depend on Ethereum, Fantom offers advanced smart contracts. Simply put, it combines the best of Ethereum’s smart contracts with additional exciting and useful features.

In particular, Fantom can address some significant issues in the context of cryptocurrencies in general and smart contracts in particular, especially transaction speed. Fantom developers claim they have reduced transaction times on this platform to under 2 seconds.

What is FTM coin?

Like other cryptocurrency platforms, Fantom has its native currency, which is the FTM token.

Although FTM has its standard blockchain, it is also compatible with several other blockchains. Specifically, this token can exist in 3 forms:

• Opera FTM: Used on the mainnet of Fantom Opera Chain.
• ERC20: Exists on the Ethereum network.
• BEP2: Exists on the Binance Chain.

– You can buy standard ERC-20 FTM tokens, which will automatically convert to native FTM when they reach your wallet.

– Or you buy FTM on the Binance Chain, which follows the BEP2 standard. This version can also be converted to native FTM.

Note that only native FTM tokens can be used on the main Fantom OPERA platform. Other versions are used for transactions and can automatically convert to the standard version. When trading/investing, you don’t need to worry too much about these different versions. You just need to care about buying from a reliable source.

What are the uses of FTM coin?

FTM token is used in the Fantom ecosystem for the following roles:

• Network Security: Fantom uses a Proof-of-Stake system where validators must hold FTM.
• Payment of Fees: Every action performed in the Fantom network requires a small fee, paid in FTM.
• Voting Rights: Owning FTM gives you voting rights on issues related to the Fantom ecosystem. Essentially, 1 FTM equals 1 vote.
• Collateral Asset: FTM tokens can also be used as collateral on the upcoming Fantom DeFi or fantom.finance.
• Staking: Anyone holding FTM can stake it for securing the Fantom network, and in return, they receive rewards from transaction fees, based on the amount of FTM they stake.

How many FTM tokens are there in total?

There are a total maximum of 3,175,000,000 FTM tokens, and currently FTM are in circulation. The distribution is as follows:

• Seed Sale accounts for 3.15% of the total supply.
• Private Token Sale accounts for 37.04% of the total supply.
• Public Token Sale accounts for 1.57% of the total supply.
• Team Allocation accounts for 7.49% of the total supply.
• Advisors received 12% of the total supply.
• Token Reserve accounts for 6% of the total supply.
• Block Rewards are allocated 32.75% of the total supply.

Today’s Fantom (FTM) price (realtime)

The Founding Team of Fantom (FTM)

Fantom (FTM) is a relatively new cryptocurrency, which is why it’s understandable that it’s not as well-known as some of the leading cryptocurrencies today. The project began with the establishment of the Fantom Foundation in 2018 by Dr. Ahn Byung Ik, a South Korean computer scientist.

It took some time for the Fantom Foundation to launch a blockchain. The Fantom blockchains were not completed until 12/2019.

Over the past year, the Fantom Foundation has attracted several competent individuals to build the infrastructure for the Fantom project. They are professional engineers, scientists, researchers, designers, and talented entrepreneurs from all over the world.

What Makes Fantom – FTM Coin Special?

If you are exploring the cryptocurrency market, you might be aware of “Smart Contract – Smart Contract” and how it has revolutionized the blockchain industry. Smart contracts are safe, immutable, and reliable. However, even the most efficient smart contract systems lack one very important aspect: SPEED.

For instance, Ethereum is a pioneer in smart contracts. But with increased usage, it often becomes congested, taking a long time to complete transactions, thus losing people’s interest.

⇒ Fantom (FTM) is a cryptocurrency project aimed at providing ultra-fast transaction speeds by limiting decentralization in its consensus mechanism. This is achieved through Lachesis – an advanced version of PBFT (Practical Byzantine Fault Tolerance). With Lachesis, Fantom can process transactions in just a few seconds at a very low cost.

Lachesis is a consensus mechanism that focuses more on speed and less on decentralization. This differs from other protocols, such as Bitcoin’s Proof-of-Work, which prioritizes security and decentralization over speed or scalability.

Fantom is one of the new challengers to current Smart Contracts supporting cryptocurrencies. Many analysts believe Fantom could aspire to a high ambition of “providing compatibility among all transactional bodies worldwide.” Fantom (FTM) has also garnered a lot of media attention, and some even call it the ‘Ethereum Killer,’ ranking its technology ahead of Solana and Cardano.

Andre Cronje Leaves Crypto and Its Impact on Fantom (FTM)

If you are interested in what FTM coin is and have been following its development, you must be aware of this news.

Andre Cronje was a significant contributor to the development of the Fantom platform, helping Fantom gain wider recognition. To many, Andre was the soul of this blockchain. Although Andre was not a main developer of Fantom or a key member, his continuous support and development assistance on Fantom made this ecosystem closely associated with Andre Cronje.

Indeed, Andre Cronje was the soul of the Fantom ecosystem. For many, Fantom ‘died’ when Andre Cronje left.

However, the reality is quite different. It’s true that Andre Cronje made many contributions to Fantom over time, but there were also periods when Andre Cronje was not present in the ecosystem.

Despite this, Fantom continued to operate and develop actively:

• Constantly introducing new products and developers.
• More multichain projects launching and integrating with Fantom.
• Fantom will add new features (Felix – a CEX dedicated to Fantom, or FVM – Fantom Virtual Machine, similar to Ethereum’s EVM),…

Fantom’s CEO, Michael Kong, also stated that Andre had stopped contributing to the development of Fantom’s code since 2019. Subsequent activities were handled by members of the Fantom Foundation and will continue to do so in the future.

When Andre Cronje left, the price of FTM token and some related tokens dropped, but that was just FUD at the time, as many people only saw the surface. Behind the scenes, Fantom still had a strong community ready to support at any time, products were still running with real users, and the number of participants on the network as well as the volume of transactions continued to increase daily.

In summary, Fantom is not just about Andre Cronje, and in reality, Fantom will continue to rise without Andre Cronje.

The Outstanding Advantages of Fantom (FTM)

When considering whether to buy FTM and what exactly FTM coin is, the first thing to look at is its advantages over other projects. In our assessment, FTM’s strengths are possessing cutting-edge technology, along with a diverse DeFi ecosystem and a large community. Specifically

• Fantom has built a reliable blockchain: they are doing very well in becoming a leading platform for dApps and NFTs.
• Fantom is a highly secure platform: The Fantom validator nodes form a global, intermediary-free Proof-of-Stake network with a very low risk of compromise.
• Fantom blockchain has significant scalability: although many cryptocurrencies also have high scalability, it is incomparable to Fantom, as Fantom (FTM) can handle thousands of transactions per second.
• Fantom blockchain is compatible with Ethereum: This has opened up many opportunities for users to deploy and run Ethereum dApps on Fantom.
• Fantom offers advanced smart contracts: It combines the best aspects of Ethereum’s smart contracts and includes additional features to enhance the user experience.
• Fantom is flexible and applicable in many industries: it allows developers to create applications and assets that can be used in various industries.
• Fantom can be staked to earn rewards: Buying and selling FTM is not the only way to earn from investing in Fantom. Investors can stake their Fantom FTM and earn rewards for this activity.

Moreover, Fantom (FTM) currently has another major advantage: it is UNDERRATED. Evidence is that the MC/TVL (Market Cap/ Total Value Locked) ratio of FTM coin is at 0.5, considered the lowest compared to other blockchain platforms.

The Current Challenges of Fantom (FTM coin)

Despite some advantages, Fantom (FTM) also faces many challenges. Aside from the issue of Andre Cronje leaving the project (as we have analyzed earlier), here are some other difficulties and challenges that Fantom (FTM) coin may currently be facing:

• Platform coins are losing their appeal: Last year was the year of Altcoins, especially platform coins (FTM itself increased over 100 times from early 2021) but perhaps not anymore. In the future, Layer-1 blockchains will gradually cool down, and it is predicted that only a few prominent blockchains will maintain growth, while the majority will be saturated.
• Fierce competition between platforms: Fantom is competing for market share with Ethereum, which has been present in the Smart Contract field of blockchain for over 6 years. Additionally, Fantom is not the only cryptocurrency offering fast transaction speeds and low costs. Solana (SOL) is said to be able to process at least 50,000 transactions per second and also charges a 1% fee. From another perspective, platforms like DOT, Solana… are superior to Fantom in many aspects: cash flow, developers, applications, users, etc.
• Fantom’s network instability: Fantom is promoted as using the most advanced technology platform. But in reality, it is not entirely so, as Fantom frequently experiences congestion, significantly slowing down transaction speeds and increasing transaction costs.
• Fantom lacks investment from major funds: Large investment funds usually support the project in product development, community building, and marketing. Besides, they often play the role of market makers, somewhat contributing to maintaining and boosting the project’s token price. The lack of major fund investment is a disadvantage for FTM, making it a high-speculative coin, with buying and selling forces mainly coming from the community, and fluctuating price ranges.
• Influenced by the general market: FTM coin’s price, like most other digital assets, depends too much on the performance of the overall cryptocurrency market, especially the price of Bitcoin. Therefore, even with its technology and innovation, Fantom will struggle to increase its value if Bitcoin is stuck in a downturn.

What potential does Fantom (FTM) have for the future?

So, should you invest in FTM coin (Fantom)? In my personal opinion,Fantom is an interesting project with a lot to offer. However, facing many challenges as it does currently, to recover, Fantom needs to actively develop their platform to attract more capital, developers, users, etc.

On the positive side, currently, Fantom has made some developments to their infrastructure, such as:

• LevelDb: Supports reducing input/output processing time by up to 90%.
• Snapsync: Improves the synchronization speed of nodes.
• FVM (Fantom Virtual Machine): Fantom’s own virtual machine, similar to Ethereum’s EVM (Ethereum Virtual Machine).

However, for further development, perhaps Fantom (FTM) needs to diversify their DeFi applications more. I see that currently, although Fantom owns many products in their ecosystem, most of them are concentrated mainly in the areas of AMM, Lending & Borrowing, and Yield Aggregator.

Besides, in the NFT field on Fantom, although there are projects, most are just collectibles, and currently, there are no outstanding or famous works to compare with other ecosystems. Similarly, in the currently hot metaverse field, many platform coins have started to encroach on this lucrative pie, while Fantom seems to be quite slow.

=> To recover and develop in the future, Fantom itself needs to diversify their DeFi products at a higher layer like Interactive NFTs, GameFi, Metaverse, Derivatives,…

Especially, another card up Fantom’s sleeve is the upcoming launch of Felix – a CEX (centralized exchange) developed specifically for Fantom. Having a dedicated CEX for Fantom will greatly assist the ecosystem, making capital circulation even easier, especially for tokens within the system.

Should You Invest in FTM Coin Now?

So, should you invest in FTM coin (Fantom) now? It cannot be denied that recently has been a challenging period for Fantom as it faced FUD from the community. But within risk, there are always opportunities. Especially, for those who truly believe in Fantom, this moment could be an excellent opportunity to buy FTM coin at a very low price.

Why am I so confident about this? Because I see that the FUD surrounding Andre Cronje’s departure has somewhat subsided. Moreover, Fantom (FTM) is one of those blockchains that persistently develops, regardless of the market conditions. Therefore, I believe that Fantom will undoubtedly continue to grow and develop in the future.

However, despite the belief in Fantom, it must be acknowledged that it needs a lot of time and effort to return to its previous strong growth trajectory. If you want to buy FTM now, consider investing with a small capital to minimize risk. If you are holding, you can continue to do so, as the long-term prospects of FTM are still there, and above all, FTM is currently one of the most undervalued platform coins.

SUMMARY

I have provided most of the information you need to understand what Fantom is, what FTM coin is, and whether you should decide to invest in it. Here are the main points you need to remember:

• Fantom is a platform that offers advanced smart contracts, many features, and especially FASTER speeds.

• Fantom is now considered a worthy replacement for Ethereum and even described as an Ethereum killer.

• The token of the Fantom platform is FTM, which can exist under various standards, but all help perform transactions inside and outside the ecosystem quickly and seamlessly.

• The biggest advantage of Fantom at present is that it still possesses outstanding technology, and above all, it is being undervalued.

• Fantom still faces some major challenges, such as competition among platform coins, and it lags behind some competitors in user numbers and major investment funds.

• Fantom (FTM) still has a story to develop in the long term, but many people are still wary at this time, and its potential is not yet fully certain.

• Currently, Fantom (FTM) is priced at , ranking in the cryptocurrency market, with a market capitalization of .

Fantom (FTM) is on its way to becoming a popular and widely used cryptocurrency. I hope this article has helped you understand what Fantom is, what FTM coin is, and whether you should invest in Fantom (FTM). Wishing you wise decision-making and successful investments.