Fantom Price Forecast 2024-2030: Can FTM Reclaim Its ATH?

Key Takeaways

• The average price of Fantom (FTM) in 2025 is predicted to be $2.98.
• A maximum price of $5.78 is anticipated by 2028.
• By 2030, FTM could reach $9.32.

What is Fantom (FTM)?

Fantom (FTM) is a high-performance blockchain platform designed for decentralized applications (dApps) and smart contracts. Launched in June 2018 by Dr. Ahn Byung Ik and Matthew Hur, it employs a unique consensus mechanism called Lachesis, which uses asynchronous Byzantine fault tolerance (aBFT) to achieve transaction speeds of up to 300,000 per second while maintaining security and decentralization.

The platform operates on the Fantom Opera blockchain, which is Ethereum Virtual Machine (EVM)-compatible, allowing it to run existing Ethereum smart contracts. Its modular architecture ensures dApps can operate independently without network congestion.

Fantom’s native token, FTM, serves multiple purposes:

• Transaction fees
• Staking for network security
• Governance rights within the ecosystem

Fantom Price Analysis

1-Day Chart Overview

On December 4, Fantom (FTM) showed a bullish rally, with its price reaching $1.29. The Bollinger Bands indicate heightened volatility, with the upper band tested at $1.31. The Relative Strength Index (RSI) is at 69.12, suggesting an overbought condition. Key support lies at $0.93, while resistance remains at $1.31.

4-Hour Chart Overview

The 4-hour chart highlights bearish momentum, with the price at $1.24. Indicators such as the Balance of Power (BOP) at -0.90 and a bearish MACD crossover suggest strong selling pressure. Support is anticipated near $1.10, while resistance remains at $1.24. A drop below $1.18 could occur, but a recovery to $1.20 is also possible.

Fantom Price Predictions

2024

By 2024, Fantom’s average price is expected to be $2.67, with potential lows of $1.13 and highs of $2.77.

2025

Fantom could reach an all-time high of $3.27 in 2025. Price fluctuations might see it dip to $2.71, with an average of $2.98.

2026-2030

• 2026: Expected peak at $4.55, with an average of $4.36.
• 2027: Predicted high of $5.78, with an average of $5.40.
• 2028: Prices stabilizing around $5.78 with similar averages to 2027.
• 2029: A maximum price of $6.80, with an average of $6.43.
• 2030: FTM could hit $9.32, with an average of $9.08.

Is Fantom a Good Investment?

Fantom is a scalable blockchain platform offering high transaction speeds, making it an attractive alternative to Ethereum. Analysts project significant growth, with prices potentially reaching $9.32 by 2030. However, cryptocurrency investments carry risks, and market volatility is a key concern. Conduct thorough research before investing.

Fantom’s Historic Price Sentiment

• 2019-2020: FTM traded under $0.05, seeing gradual growth with DeFi interest.
• 2021: Surged to an all-time high of $3.48 in October, ending the year at $2.30.
• 2022-2023: Faced macroeconomic pressures, with prices dipping below $0.50.
• 2024: Strong recovery to $1.26 by December, showing renewed bullish momentum.

Will Fantom Reach $10?

Based on technical analysis, Fantom has the potential to approach $10 within the next six years. Its growth depends on market trends and blockchain adoption rates.