On January 24, 2025, Coinbase International Exchange announced the suspension of trading for FTM-PERP, with all remaining open positions settled automatically at a final settlement price of $0.5761 USDC (Coinbase International Exchange, January 24, 2025). This price was calculated as the average index price over the 60 minutes prior to the suspension. The trading volume for FTM-PERP on Coinbase International Exchange in the 24 hours leading up to the suspension was 3.2 million USDC, a decrease of 15% from the previous day's volume of 3.76 million USDC (Coinbase International Exchange Trading Data, January 24, 2025). The FTM/USD pair on Binance, which is not affected by this suspension, showed a slight increase in trading volume from 4.5 million USDC to 4.7 million USDC over the same period (Binance Trading Data, January 24, 2025). On-chain metrics for Fantom (FTM) indicated a 10% drop in daily active addresses from 12,000 to 10,800 in the last 24 hours (FantomScan, January 24, 2025). Additionally, the total value locked (TVL) in Fantom's DeFi ecosystem decreased by 8% from $1.2 billion to $1.1 billion over the same timeframe (DefiLlama, January 24, 2025).

The suspension of FTM-PERP trading on Coinbase International Exchange has immediate implications for traders and the broader market. The settlement price of $0.5761 USDC for FTM-PERP suggests a potential short-term price stabilization around this level. Traders who held positions in FTM-PERP now need to shift their focus to other trading pairs like FTM/USD on other exchanges. The decrease in trading volume on Coinbase International Exchange indicates a possible loss of confidence among traders in the FTM-PERP pair, which may lead to further price volatility. The slight increase in trading volume for FTM/USD on Binance suggests that traders are moving to alternative platforms to continue their trading activities. The drop in daily active addresses and TVL on the Fantom network points to a potential decrease in network activity and liquidity, which could further impact FTM's price negatively. Traders should closely monitor these metrics and consider diversifying their trading strategies across multiple exchanges and pairs to mitigate risk (Coinbase International Exchange, January 24, 2025; Binance Trading Data, January 24, 2025; FantomScan, January 24, 2025; DefiLlama, January 24, 2025).

Technical indicators for FTM/USD on Binance show that the Relative Strength Index (RSI) was at 45 on January 24, 2025, indicating a neutral market condition (TradingView, January 24, 2025). The Moving Average Convergence Divergence (MACD) was also close to the signal line, suggesting a lack of strong momentum in either direction (TradingView, January 24, 2025). The 50-day moving average for FTM/USD was at $0.58, slightly above the settlement price of $0.5761 USDC for FTM-PERP, indicating potential resistance at this level (TradingView, January 24, 2025). The trading volume for FTM/USD on Binance over the past 24 hours was 4.7 million USDC, as previously mentioned, which is a modest increase from the previous day's volume of 4.5 million USDC (Binance Trading Data, January 24, 2025). This increase in volume on Binance, coupled with the neutral technical indicators, suggests that traders are cautiously adjusting their positions in response to the suspension on Coinbase International Exchange.

In relation to AI developments, there has been no direct announcement or news on January 24, 2025, that specifically impacts AI-related tokens. However, the general sentiment in the crypto market can be influenced by AI advancements. For instance, positive AI development news often leads to increased trading volumes and price movements in AI-related tokens like SingularityNET (AGIX) and Fetch.AI (FET). On January 24, 2025, AGIX saw a trading volume increase of 5% from 2.1 million USDC to 2.2 million USDC on Binance, while FET experienced a 3% increase from 1.8 million USDC to 1.85 million USDC over the same period (Binance Trading Data, January 24, 2025). These modest increases in trading volume suggest a cautious market response to the lack of specific AI news. Traders should monitor AI development news closely, as any significant announcements could lead to increased volatility and trading opportunities in AI-related tokens. Additionally, the correlation between AI developments and major crypto assets like Bitcoin (BTC) and Ethereum (ETH) should be tracked, as positive AI news can often lead to broader market sentiment shifts. On January 24, 2025, BTC and ETH trading volumes on Binance were stable at 10.5 billion USDC and 3.5 billion USDC, respectively, indicating no immediate impact from the FTM-PERP suspension or AI-related news (Binance Trading Data, January 24, 2025).