THETA Breaches $1 Level Courtesy Of Solid On-Chain Developments

THETA Breaches $1 Level Courtesy Of Solid On-Chain Developments


Streaming services have become a big part of the modern society. Theta Network is building that kind of tech for the Web 3 space.

The network’s native token THETA has been going bullish in the past few weeks as a result of on-chain developments and the reversal of the sentiment on cryptocurrencies. 

According to CoinGecko, THETA rose 15% in the bi-weekly timeframe along with other altcoins. The network has been revving up development with the recent alpha release of EdgeStore, Theta Network’s decentralized storage solution.

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Boosting The Network

In their January 20 blog post, the development team detailed how this new way of storing data can help the network and Web3 progress. 

The EdgeStore solution would be a decentralized way to store Web3 content.

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