Google Cloud becomes lead node validator for Fantom (FTM)

• Fantom has partnered with Google Cloud as a lead node validator to facilitate DApp development.
• Google Cloud’s infrastructure and AI capabilities will power the Fantom ecosystem.
• Despite a 34% surge in trading volume, FTM price has barely reacted.

Fantom (FTM) has partnered with Google Cloud to act as a lead node validator for the platform.

The collaboration will leverage Google Cloud’s robust infrastructure and artificial intelligence (AI) capabilities to enhance the development and performance of smart decentralized applications (DApps) on Fantom.

The partnership builds on an existing relationship where Google Cloud indexes Fantom’s data. Big Query By deepening this collaboration as part of its public dataset program, Fantom aims to leverage the scalability of its Directed Acyclic Graph (DAG) protocol and secure a larger market share.

Google News Fostering Innovation in the Fantom (FTM) Ecosystem

Beyond validating transactions, Google Cloud will play a key role in driving innovation within the Fantom ecosystem.

The partnership is designed to enable developers to create the next generation of secure and compelling DApps.

Google Cloud’s infrastructure is known for its scalability, security, and resiliency, making it the ideal backbone for Fantom’s ambitious plans.

Google News The role of validators will eventually be transferred to the Sonic Network

Following this partnership, Google Cloud will assume responsibilities as a validator on Fantom’s Opera Network, with plans to transition these roles to the new Sonic Network, which is compatible with the Ethereum Virtual Machine (EVM).

The change is part of Fantom’s broader strategy to pivot into the smart contract space and boost its ecosystem’s performance and developer attractiveness.

Google News Phantom prices soar on news

The partnership announcement was Phantom (FTM) PriceTrading volume surged 34% to $239,543,832, signaling growing investor interest and optimism.

As the partnership progresses, the entire Fantom ecosystem is expected to benefit from improved performance and increased developer engagement, which could lead to an increase in the price of FTM.

The strategic partnership with Google Cloud marks a key milestone in Fantom’s efforts to become a leading platform for smart DApps and decentralized innovation.