About Fasttoken
What is the project about? FTN is the native coin of Bahamut - public, layer 1 EVM-based blockchain solution with a novelty consensus - PoSA. PoSA stands for Proof of Stake and Activity, where Activity is represented by the amount of gas spent by users when interacting with a validator-deployed smart contract. The more gas usage the given smart contract has, the more chances for the validator-deployer to become a block producer in future epochs. What makes your project unique? The main unique aspect of Bahamut is the PoSA consensus, which introduces new ways for businesses to monetize their user base, while preserving the integrity and transparency of the web3 space. History of your project. FTN was originally an ERC20 token of SoftConstruct and Fastex ecosystems. After Bahamut mainnet launched on May 3, 2023 with FTN as its native coin, the migration process started from Ethereum to Bahamut and is still an ongoing process. What’s next for your project? The infrastructure of Bahamut is constantly growing - users can expect decentralized exchanges, various apps, bridge services, and other essential aspects to be available on Bahamut before the end of the year. Also, Bahamut grant program is under way and will open the doors to everyone who wants to build a better decentralized future together. What can your token be used for? FTN is used in a variety of providers as a gaming token, and also the native coin for Bahamut network.
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Trading Insights
Searched
12
Market Stats
Market Cap
$1.94B
0.21%
FDV
$4.44B
Circ. Supply
436M FTN
Max Supply
1B FTN
Total Supply
880M FTN
Diluted Valuation
$3.86B
Performance
Popularity
Not enough data
Dominance
0.06%
Volume (24H)
$54.46M
-3.57%
Volume (7D)
$397.59M
Volume (30D)
$1.68B
All time high
$4.44
Price Change (1Y)
100.44%
Additional info about Fasttoken
Recent trends
The latest FTN price is $4.43. Compared to Fasttoken's value of $4.44 from 24 hours ago, there's been a -0% decrease, while the current price is 0% up from $4.43 which was recorded one week ago. Fasttoken's all time high is $4.44, which was reached on May 30, 2025. This is a -0% change from its price today.
The current circulating supply of Fasttoken is 436,261,513. This is 44% of its max supply of 1,000,000,000 FTN and 50% of its total supply of 880,000,000. The market cap is currently $1.94B, which is a result of multiplying the current price of Fasttoken($4.43) by the total supply(880,000,000 FTN). The fully diluted valuation of Fasttoken is $4.44B. The diluted valuation of Fasttoken is $4.44B.
Market details
FTN vs markets
↗ 51.41%
FTN vs BTC
↗ 29.59%
FTN vs ETH
↗ 200.76%
Tags
layer-1
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xaeDf386B755465871fF874E3E37Af5976E247064 | |
Arbitrum | 0x1045971c168B5294aCbc8727a4f1C9e1AF99f6d0 | |
Base | 0x1045971c168B5294aCbc8727a4f1C9e1AF99f6d0 | |
BNB Smart Chain | 0x1045971c168B5294aCbc8727a4f1C9e1AF99f6d0 |
Price history
Time | Price | Change |
|---|---|---|
Today | $4.43 | ↘ 0.07% |
1 Day | $4.44 | ↘ 0.07% |
1 Week | $4.43 | ↗ 0.18% |
1 Month | $4.29 | ↗ 3.38% |
1 Year | $2.21 | ↗ 100.44% |
FAQ
Fasttoken (FTN) is the native currency of the Bahamut blockchain, an EVM-based layer 1 public blockchain solution. This blockchain solution introduces a unique consensus algorithm known as Proof of Stake and Activity (PoSA), which strives to transform how distributed networks approach block rewards among network participants. FTN was initially emitted as an ERC-20 token and serves as a utility token for the SoftConstruct ecosystem, an IT solutions provider. FTN plays a crucial role in enabling staking, block creation and validation mechanisms, and cross-chain operations within the Bahamut blockchain.
Fasttoken operates on the Bahamut blockchain, which utilizes the Proof of Stake and Activity (PoSA) consensus algorithm. In PoSA, validators, who validate transactions and blocks, stake a fixed amount of tokens to participate in the consensus process. However, a validator's ranking is determined not only by their stake but also by the activity of their smart contracts. The activity of a smart contract is calculated based on the gas used by users when interacting with the contract. This approach aims to incentivize developers to create high-quality, highly-used contracts, contributing to the overall health and security of the network. FTN serves as the gas unit for Bahamut, facilitating these operations.
Fasttoken has a wide range of potential use cases within the SoftConstruct ecosystem. It can be used to settle various business and personal arrangements between users and any of SoftConstruct’s products and services. FTN also fuels all blockchain-based and blockchain-related apps within the Fastex ecosystem as the native currency for all platforms. Furthermore, FTN serves as the staking and validation rewards currency on the Bahamut blockchain. The SoftConstruct Crypto Reward Program aims to allow all parties within the SoftConstruct network to benefit from either using or holding FTN in both daily and monthly activities.
Fasttoken was developed and curated by SoftConstruct, an IT solutions provider in various fields including web 3.0, gaming, AR, VR, finances, e-commerce, and supply chain management. It was initially emitted as an ERC-20 token and later became the native currency of the Bahamut blockchain. The Bahamut blockchain, with its unique PoSA consensus algorithm, was developed by Fastex engineers. As of now, Bahamut boasts over 4200 validators, 600,000 transactions, and 200,000 FTN holders. Fasttoken aims to continue playing a pivotal role in the SoftConstruct ecosystem, providing numerous real-world use cases from day one.
We update our Fasttoken to USD currency in real-time. Get the live price of Fasttoken on Coinbase.
The current market cap of Fasttoken is $1.94B. A high market cap implies that the asset is highly valued by the market.
The all-time high of Fasttoken is $4.44. This all-time high is highest price paid for Fasttoken since it was launched.
Over the last 24 hours, the trading volume of Fasttoken is $54.46M.
Assets that have a similar market cap to Fasttoken include Basic Attention Token, Jupiter Perps LP, VeThor Token, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Fasttoken is 436 million.
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