Total TVL is almost touching ATH's, despite the price being down 32% since then (so even relative to $FTM itself you're getting a discount).

TVL has grown 36% over the past week alone, indicating a strong flow of liquidity back into the $FTM ecosystem.

3. The Fantom network is one of the most utilised chains, with over 561k daily transactions. At peak, the network reached 1.8m transactions - something not many other chains have achieved.
Daily transactions have been consolidating whilst price/TVL are rising (bullish).
This means $FTM has more daily transactions than $AVAX (470k) and $ADA (500k).
Yet, it's price is still 4.83x and 8.79x away respectively.
4. Fantom has 1.46m active adressess. This is the SAME amount of addresses as $AVAX, and 1.2m more than $ADA.
This number has been rapidly growing, as shown by the graph below.
That's a lot of addresses for a network valued at only $5.8b..

5. Developer activity on $FTM is increasing rapidly, and has now overtaken $AVAX and is comparable to both $MATIC and $LUNA.
This suggests many developers are actively building on the Fantom network, which will stimulate the on-boarding of new users over the long term.
So why is it that every $FTM metric we look at indicates that it is undervalued compared to other chains?
Luckily for us, crypto is an inefficient market. Price often lags behind key metrics - thus providing us a valuable opportunity to capitalise on this discrepancy.
Now let's explore some upcoming catalysts which can assist $FTM to 5-10x in 2022.🍿
Will continue in the next post. Like and share for knowledge.