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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.
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AB News Desk is a trained group of web journalists and reporters who collect news from all over the blockchain market landscape. AB News Desk covers developments on Blockchain Industry including Distributed Ledger, Smart Contracts, Digital Assets, Cryptos, FinTech, Bitcoin, DApps, DeFi, and more. To connect, please write to Editor at info@alexablockchain.com.

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