The Theta Network (THETA) has emerged as one of the biggest winners of the top cryptocurrencies. Token prices have risen by as much as 20% in the last 24 hours.

THETA stops Sony NFTs

As the global crypto market shows some recovery, Theta Network announced its partnership with Sony Electronics. The tech giant is releasing the 3D NFT for its Spatial Reality Display on the ThetaDrop. It mentioned that the drop will begin on June 17, 2022 at 1:00 p.m. PT. Theta added that waiting list and pre-financing are now available.

According to its release, the Tiki Guy non-fungible Token (NFT) is a 3D item that can be projected onto SONY’s limited electronic display. It added that the NFT is made to be as scary as possible. The website shows that the Tiki Guy is a limited edition NFT with a limited edition of only 500 pieces. Previously, Theta Drop NFT Marketplace hosted drops for famous celebrities and game shows like ‘American Idol and more.

THETA prices have risen at press time to trade at an average price of $1.24. The recent price increase has helped the token to cover up some of the recent price drop. The price of the network token has fallen by about 12% in the past 30 days. The 24-hour trading volume is up more than 55% to $137.2 million.

Replay launches Validator Node

In addition, Theta Network has also announced that the video-tracking and payment-based blockchain “Replay” has launched their Theta Validator Node. They said the network is the 25th overall. The release highlighted that the Theta validator group continues to explore different cross-sections used by different users.

Many media and tech giants like Samsung, Sony and Google are on the list of their validators. Crypto exchanges and projects like Binance, blockchain and Gumi cryptos are also part of it.

Ashish believes in decentralization and has a keen interest in evolving Blockchain technology, the cryptocurrency ecosystem and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he plays video games, watches a thriller or participates in outdoor sports. Reach me at [email protected]

The content presented may contain the author’s personal opinion and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or the publication is not responsible for your personal financial loss.

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