Fantom Soars 190% Ahead of Upgrade While Bitcoin Struggles to Break $66K; DeFi Indexes Mixed as Risk Assets See Lower Volatility

Fantom's FTM token has surged over 190% in 4 weeks ahead of upcoming Sonic upgrade, which aims to boost transaction speeds
Bitcoin tested $66K but remains volatile due to factors like GBTC outflows; more volatility expected ahead of halving
Frax Finance proposes plan to boost TVL on its Layer 2 to $100B by 2026 via new layer 3 chains and assets
Decentralized finance protocol CoinDesk 20 index down 0.5%
MOVE index showing reduced volatility in Treasury notes, seen as positive for higher risk assets