Why Fantom, Loopring, and Aave Are Rising Today

Why Fantom, Loopring, and Aave Are Rising Today

Over the past 24 hours, the price of Fantom (CRYPTO: FTM) traded roughly 16% higher, Loopring (CRYPTO: LRC) jumped roughly 25%, and Aave (CRYPTO: AAVE) was up roughly 15%. People have also noticed that Cronje's crypto wallet associated with Fantom recently purchased 100 million Fantom tokens, sparking speculation of his return. Like several other blockchain networks and cryptocurrencies, Fantom is a smart-contract blockchain network that claims to have created a network that is faster and that can scale more efficiently than Ethereum, meaning transactions on the network would cost less.