This Crypto Might Be the Solana of 2022
Fantom (CRYPTO: FTM) is under the radar right now, but probably not for long. The crypto had an amazing run-up last year. The coin sold for $0.02 a year ago. Now it's trading at $3 a coin.
Fantom is jumping because it's a layer 1 protocol with super-fast speeds, like Solana (CRYPTO: SOL). In 2021, those two coins skyrocketed in value 14,000% and 11,000%, respectively. Fantom is a lot smaller with a market cap of $7 billion versus $43 billion for Solana. I think part of that discrepancy is because Solana, unlike Fantom, can be bought and sold on Coinbase (NASDAQ: COIN), the biggest crypto exchange. (You can buy the coin on another exchange, Gemini.)
I'm expecting the smaller coin to outperform Solana yet again in 2022. Here's why you might want to own Fantom coin.
Source Fool.com
