Ethereum Rival That’s Soared 160% in Just One Month May Be in Early Days of Massive Rally, According to Crypto Analytics Firm

A leading crypto analytics firm is suggesting that Fantom (FTM), a top Ethereum (ETH) rival, is only in the beginning stages of a major rally. Smart contract platform Fantom is trading for $0.635 at time of writing, up 27% in the last 24 hours, and up over 164% since 2023 began. Leading crypto analytics firm Santiment says FTM has more than just short-term strength – they see promising long-term signs in FTM’s recent movements, as well. “If you dipped your toes in Fantom at the beginning of 2023, your portfolio has certainly thanked you. Up +164% thus far on the year,