THETA, the blockchain-based video streaming platform Theta Network’s own token, has risen to the top 10 cryptocurrencies in terms of market value.
THETA rose to 10th place, replacing Chainlink (LINK) with a market value of $ 11.5 billion on March 23, according to CoinGecko data. LINK’s market value was measured at $ 11.2 billion per translation broadcast time.
THETA, which has recently grown significantly, has increased by 70 percent in the past seven days, reaching an all-time high. THETA, which gained 17 percent value in the last 24 hours, is trading at $ 11.80 as of the time of translation broadcast.
Bitcoin Cash (BCH) had lost its place in the top 10 shortly before THETA entered the top 10.
Theta Labs received a second patent for blockchain-based video and data delivery designs from the US Patent and Trademark Office on March 16. Theta Labs shared the open source code of Theta 2.2.0 on Theta GitHub in early March.
Theta Network, which actively grows the verifier program, has collaborated with names such as Google, Samsung, Sony, Binance, Blockchain.com and Gumi.