- BTTC 2.0’s launch aims to break blockchain silos and boost cross-chain dApp use.
- BitTorrent (BTT) shows steady gains, with rising volume and cautious net inflows.
- Low BTT futures open interest signals market consolidation ahead of BTTC upgrade.
BitTorrent Chain (BTTC) is preparing to launch its highly anticipated BTTC 2.0 upgrade, signaling a major step forward for Web3 interoperability. At the heart of this evolution is a new three-layer architecture designed to eliminate blockchain silos. This innovation will allow secure asset and state synchronization across different networks.
As the crypto market increasingly seeks efficient cross-chain solutions, BTTC 2.0 arrives at a critical time. The update is positioned to drive mass adoption of decentralized applications by enhancing communication between previously isolated chains.
Price Momentum and Market Sentiment Strengthen
BitTorrent (BTT) has shown renewed price momentum in the days leading up to the BTTC 2.0 reveal. As of June 10, 2025, BTT is priced at $0.0000007174, reflecting a 3.04% gain over the past 24 hours. The seven-day performance shows a 2.91% uptick, suggesting growing investor interest.
With a circulating supply nearing 990 trillion BTT, its total market capitalization stands above $706 million. Moreover, daily trading volume sits at over $16 million, supporting a moderate liquidity environment.
Source: Coinglass
Netflow trends from August 2024 to June 2025 reveal high volatility. Large outflows exceeding $600,000 were observed in late November and mid-December. These periods aligned with temporary price peaks, hinting at profit-taking.
From January through March 2025, extended outflows mirrored a downward trend in BTT’s price. However, April to June saw scattered inflows, suggesting minor accumulation by strategic holders. The latest net inflow, reported at $14,260 on June 10, underscores this cautious optimism.
Futures Activity Slows, Indicators Show Cautious Potential
Despite the positive price movement, BTT futures data reveals a subdued speculative interest. Open interest in BTT futures peaked at over $60 million in April and May 2023.
Source: Coinglass
However, it declined steeply after February 2024, dropping below $10 million and eventually under $1 million by April 2024. As of June 10, 2025, open interest stands at $232,270, marking a multi-year low. This suggests fewer leveraged positions and possible market consolidation.
BTT/USD daily price chart, Source: TradingView
Technical indicators offer cautious optimism. The MACD shows a slight bullish crossover, hinting at potential upward movement. Momentum remains low, but an increase in volume could ignite a breakout. Meanwhile, the RSI sits at 53.4, placing it in neutral territory. This reflects a balanced sentiment neither overbought nor oversold.
