Coin Edition -
- BitTorrent Chain launch propels the ecosystem with 238.74B BTT revenue.
- BTT peaks at $0.00000114, marking a 35% surge with a record 7.9M miners.
- AcTron maintains a stablecoin lead, which is pivotal despite TRX market dips.
The native token of BitTorrent, BTT, has seen a massive rise in value with a 35% increase over the past day, soaring to an intra-day high of $0.00000114 before facing resistance. At press time, the BTT’s bullish momentum was still in control, with the price up 32% from the intra-day low trading at $0.00000104.
BTT/USD 24-hour price chart (source: CoinStats)
This surge in BTT’s market performance captures the attention of many, bringing into question implications for other associated platforms such as Tron (TRX).
BTT’s Increased Miner Activity and Storage Contracts
One of the major drivers behind BTT’s recent rally is a significant rise in network miner activity. The active miner count of 7.9 million is higher than ever, ensuring its network’s highest level of security and stability. Furthermore, the growth in storage contracts that have already surpassed 141 million demonstrates an increasing need for decentralized storage services, which continues to drive BTT’s use and adoption.