BitTorrent’s native token BTT (CRYPTO: BTT) has emerged as the top performer over the past week, recording a 194% surge that outpaced both Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).
What Happened: At the epicenter of this rally, BTT traded at $0.000001449, whereas both Bitcoin and Ethereum experienced minimal gains of 0.02% and 0.12%, respectively.
This rise of BTT is, by many accounts, attributed to the user growth of the Tron blockchain, which serves as the foundational platform for the BTT token. Tron reaching 200 million users likely sparked the positive market sentiment propelling BTT’s expansion.
Tron founder Justin Sun, said that the blockchain had reached the 200-million-user level. “This is not only a ...