THE Token Surges 28.78% After THENA Protocol Updates Ignite Trading Volume and Market Interest

The recent 28.78% increase in THEUSDT's price over the past 24 hours, with the current price at $0.4058 on Binance, is primarily attributed to protocol updates for THENA (THE) that have driven heightened trading activity and volatility. Social media and trading community analysis indicate these updates have sparked renewed interest, leading to both bullish and cautious trading sentiment. Despite some technical resistance levels and mixed outlooks, the asset has experienced significant upward momentum, reflected in high trading volumes—124.26 million THE (47.42 million USDT) on Binance—and notable price gains across multiple exchanges. The circulating supply is approximately 106.9 million THE, with a reported market capitalization ranging from $28.32 million to $33.22 million.