$T
The currency $T is trading at $0.01726, up by 22.39%, with a 24-hour trading volume of $33.37 million and a market cap of $174.88 million. This significant increase today is due to the long-awaited launch of the "Liquid Rail" v2 update from the $T currency, which enables seamless transfer of stored ETH rewards on the network, resulting in a 48% increase in protocol deposits within hours. The pace of the rise then accelerated thanks to the Threshold integration on May 30 with Wormhole, opening the way for bridge support between both Solana and Avalanche networks and creating new liquidity channels. This rise was further boosted by the community-approved "Token Burn 1.1" event, which permanently removed 1.2 billion T (about 10% of the circulating supply), leading to a reduction in the actual supply. This was reinforced by a critical recovery of the pivot level at $0.015 on large volume, attracting momentum traders back to the leading infrastructure token for liquid staking.
