The post Are Fantom, Sei and Trending Best Token the Coins to Watch for Utility Season? appeared on BitcoinEthereumNews.com.

The meme coin space has been on fire in recent weeks. But now, the trend is shifting – investors are looking past the latest dog and cat coins and investing in projects that do something useful. Many experts believe “utility tokens” might be the next big thing. And three names keep popping up in crypto circles: Fantom, Sei, and the new Best Wallet platform. Fantom’s FTM Token Surges as High-Speed Blockchain Gains Momentum Fantom has been performing exceptionally well lately. Its native FTM token has jumped 12% in the past day to hit $1.04, adding to what has already been a successful year. We’re talking a 250% rise over the last 12 months – and some experts think there’s more upside to come. After all, FTM is still 69% below where it peaked in the 2021 bull run. So what makes Fantom stand out? It’s all because of the blockchain’s speed. Fantom’s “Lechesis” system can handle around 1,400 transactions per second, and they go through almost instantly. Plus, sending crypto using Fantom won’t break the bank like with some other blockchains. Fantom’s team has been busy executing upgrades while everyone else was caught up in the meme coin madness. They’re keen to make DeFi work better and faster, and app developers are taking notice. With more people tiring of slow, expensive chains, Fantom is positioning itself well for a potential “utility season.” Sei Network – The Speed-Focused Layer-1 Drawing Huge Trading Volumes Alongside Fantom, Sei has also been making some noise. The SEI token just popped 9% to hit $0.66, and its spot trading volumes have also increased. They hit $1.1 billion in the past day, which is not bad considering the crypto market has slowed down this week. What makes Sei stand out is that it’s not trying to…

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Filed under: News - @ November 27, 2024 6:25 pm