TRB Surges 17% as No-Stake Reporting and Version 5.0.0 Testnet Drive Market Momentum

Tellor (TRB) is currently trading at $50.73, representing a 17.62% increase over the past 24 hours, with substantial trading volume and a market cap of approximately $131.6 million, placing it at rank #311 by market capitalization. The recent price surge and heightened trading activity are primarily attributed to the implementation of the no-stake reporting mechanism, which allows data reporters to submit information without staking TRB tokens, as well as the rollout of Tellor's version 5.0.0 testnet upgrade. These technical developments have contributed to increased market interest and bullish sentiment, driving TRB's price above previous resistance levels.