Fantom's Enhanced Opera Chain

Fantom has rolled out an upgrade to its Opera chain post a 66% consensus achievement. Synchronized with the October 2023 Sonic test net phase, the Fantom Upgrade empowers Opera to process 180 million daily transactions swiftly with near-instant confirmation periods. It supports a transaction throughput of 2,000 transactions per second (TPS) for intricate functions, 4,000 TPS for token swaps, and 10,000 TPS for token transfers.

This upgrade results in a notable 66% reduction in storage demands and an impressive 95% decrease in operational categories. The primary aim of this enhancement is to boost transaction volumes, with further testing planned along with advancements in tokenomics, partnerships, and community involvement. Fantom also hinted at forthcoming releases like Sonic Labs for DApp development and Sonic Foundation for governance. Currently, FTM is traded at $0.8125.

Thorchain's Price Outlook: Navigating Uncertainty

THORChain experienced a price decline from $6.51 to $6.03 in the past week, followed by a slight recovery. The short-term outlook remains uncertain, with market volatility prevailing despite indications of potential growth in some projections. Despite achieving milestones such as a peak monthly trading volume of $3 billion and a 51% increase in DeFi Total Value Locked (TVL), challenges persist.

A significant price surge ensued post the burn of 60 million RUNE tokens, although sustaining growth might pose challenges. Despite improvements following THORNode v132's rollout, with enhanced loan closure execution and reduced transaction fees, long-term price predictions for Thorchain are speculative, hinting at potential bullish trends by 2027 if positive patterns continue. However, it is essential to interpret these forecasts cautiously.

BlockDAG's Successful Presale and Innovative Technology

BlockDAG's recent moon-originated second keynote video unveiled various technological advancements and introduced the all-human team. The keynote emphasized the efficacy of BlockDAG's Directed Acyclic Graph (DAG) implementation, which enhances scalability and transaction speed, setting it apart from traditional blockchain frameworks.

By integrating a Proof-Of-Work consensus mechanism with DAG, each transaction or event undergoes validation through cryptographic challenges, improving security and efficiency. BlockDAG also provides a Low-Code/No-Code Platform for creating smart contracts, utility tokens, meme coins, and NFTs. Additionally, it offers the Proof of Engagement Mobile Application, streamlining blockchain utilization and reducing transaction expenses.

The Beta version of the X1 Miner app, showcased in the 2.0 keynote and now available on Android and Apple platforms, facilitates BDAG coin mining, enhancing earnings pre-mainnet launch. The presale has progressed rapidly, raising over $40.8 million, with daily revenues surging post-keynote virality. Initial daily earnings of $500,000 have surged, with future projections indicating a potential daily revenue of $5 million, indicating substantial investor interest and enthusiasm.