For a long period of time, the crypto market remained in the shadow. The wider audience was more or less familiar with bitcoin. However, other virtual assets and the crypto market as a whole were of interest only to crypto enthusiasts. Yet, the situation has recently changed. If earlier even those cryptocurrencies that cost more than bitcoin could not gain luster with investors, now they are also on traders' radars.
Currently, experts strongly recommend paying attention to Theta Network (THETA). Over the past year, this new digital asset was able to climb up considerably and entered the top 10 of the cryptocurrencies with a capitalization of over $14 billion. Initially, Theta Network cost seven cents. Now its price exceeds $14. Over the year, its value has increased by more than 200 times.
Theta Network is a decentralized video delivery network that offers a wide range of blockchain-enabled solutions to the problems that the traditional video streaming sector usually faces. The THETA token allows users to manage the platform. Theta Network's corporate validators include Google, Finance, Blockchain Ventures, Gumi, Sony Europe, and Samsung.
Its recent rally was fostered by the reports about the upcoming launch of the main network - Theta Network 3.0.