The ability to quickly scale and utilize the network as a foundation for app development along with the affordable transaction rates has pushed Fantom to explode within the DeFi sphere
Australia, May 14, 2021 /AlexaBlockchain/ – Blockchain platform Fantom has achieved 10M transactions milestone just two weeks after reaching 3 million user transactions.
- Interactions and activity within the network began to pick up traction after Fantom’s recent successful network upgrade, which optimizes user experience through maximizing transaction speed and efficiency.
- This advancement gave Fantom an upper hand over competitors such as Bitcoin and Ethereum specifically due to the newfound opportunities that were offered to developers.
- The ability to quickly scale and utilize the network as a foundation for app development along with the affordable transaction rates has pushed Fantom to explode within the DeFi sphere.