For the time being, Fantom (CRYPTO: FTM) is a little-known cryptocurrency, but that won't last long. When the coin went on sale a year ago, it sold for just $0.02. It's now worth $3 per coin.

Fantom has a market cap of $7 billion 

Solana processes 50,000 transactions per second, compared to Ethereum's 14 per second. Fantom's blockchain, while slower than Solana's, was able to process 25,000 transactions per second in a test run conducted in 2018

Fantom also leads in total blockchain transactions. A year ago, Fantom had 4,000 daily transactions. Now it's 750,000 per day. That's incredible growth. Fantom is already fifth in terms of transactions, surpassing Avalanche.

Fantom, like other Ethereum competitors, supports EVM (EVM). This allows developing decentralised apps (dApps) for the Fantom blockchain easier for Ethereum engineers. Also, dApps on Ethereum can easily transition to the Fantom blockchain to save money.

Fantom's mercurial investor is Bankman-Fried, 58th on the Forbes 400 list. His company, Alameda Research, purchased $35 million worth of Fantom coin in February.

While Bankman-Fried may be Fantom's wealthiest investor, Andre Cronje is undoubtedly its most important. He's the founder of Yearn Finance

As a member of Fantom's team of technical advisors, Cronje was instrumental in the creation of the company's blockchain.

Fantom's crypto is anticipated to rocket even higher in 2022 due to the fact that it has the backing of big industry leaders, is growing at an incredible rate, and is now valued at a low compared to other major coins.

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