Fantom (FTM), an Ethereum-Layer 1 competitor, has lately made headlines! The Fantom (FTM) price climbed all the way to $3.40 over the weekend, setting a new all-time high. This follows a healthy 15 percent increase in the FTM price on Sunday, January 16. The FTM funding rate on platforms like Binance is becoming negative, according to on-chain data source Santiment, implying significant shorts.