THETA, the original token of Theta Network, a blockchain-based decentralized video delivery network, entered the top 10 cryptocurrencies by market value.

According to CoinGecko data, THETA overtook Chainlink (LINK) on March 23 to become the 10th largest cryptocurrency by market value of 11.5 billion dollars. LINK has a market capitalization of $ 11.2 billion at the time of publication.

Source: CoinGecko
THETA has seen paid revenue growth in the past, increased 70% in the last seven days and set new full-time points. According to CoinGecko, the token is trading at $ 11.80, up 17% in the last 24 hours at the time of publication. In 2021, the currency has shown steady growth and even surpasses Bitcoin (BTC) by the end of 2020.

THETA 90-day chart. Source: CoinGecko
THETA’s entry into the top 10 by market value came shortly after the large Bitcoin Cash Coin (BCH) flew out of the top 10 in early March 2021.

THETA is reaching new heights shortly after Theta Labs received its second patent for blockchain-based decentralized video projects and released data from the US Patent and Trademark Office on March 16. Source code for the Theta 2.2.0 version on Theta GitHub.

As Cointelegraph previously reported, Theta Network is actively expanding its verification program and partnering with 500 global companies such as Google, Samsung and Sony, as well as major industrial companies such as Binance, Blockchain.com and Gumi. Theta Labs was founded in 2017 as a subsidiary of the virtual reality streaming company Sliver.tv.

Source: CoinTelegraph

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