Theta

Today's state: Theta is trading at $0.127500 with a $0.1 billion market capitalization (rank #185). The price moved -5.06% over the past 24 hours and is -13.23% over 7 days; the 30-day move stands at -31.82% and the 90-day at -16.12%.

Position vs cycle: Sitting more than 70% under its prior cycle high, the asset is deep in post-peak drawdown territory — a zone associated with late-stage bear phases or a permanent downward re-rating.

Volatility and structure: 30-day realized volatility of 67.4% annualized is high for an asset this size. Our composite multi-horizon Price Strength reads Weak (23/100), in a structurally weak regime with material losses across every meaningful horizon.

Looking past Bitcoin alone, how closely THETA tracks the next two biggest layer-1s over 90 days indicates whether it is mostly market beta or something more independent. The daily-log-return correlations:

• Bitcoin reference: +0.61 — a strong positive relationship.
• Ethereum reference: +0.62 — a strong positive relationship.
• Solana reference: +0.68 — a strong positive relationship.

Strong correlation to multiple references typically indicates that the asset trades primarily as crypto-market beta — moves in BTC/ETH/SOL drive most of the price action, and stand-alone alpha is harder to capture. Weak or negative correlations indicate idiosyncratic drivers (project-specific news, sector rotation within crypto, or narrative shifts) that can produce returns uncorrelated with the broader market.

Theta (THETA) is a cryptocurrency, traded on global digital-asset markets. It trades at $0.1275 as of the latest update, with a 24-hour move down 5.06%, placing it at rank #40 by market capitalisation among all listed digital assets. Theta's current market cap stands at $127.50M, a figure used by traders, analysts and institutional desks to gauge relative liquidity and risk exposure across the crypto market.

On this page you'll find a live, daily-refreshed dashboard tracking Theta across multiple data sources — price history going back several years, on-chain activity where available, fundamentals like circulating supply and dilution, top exchanges by volume, technical analysis using moving averages and RSI, and an algorithmic short, mid and long-term forecast. All figures are pulled from public APIs and cached locally; nothing here is investment advice.

Theta is a base-layer blockchain built to host other applications. What ultimately drives it is not a single headline feature but durable demand — whether builders keep deploying and users keep transacting on it versus the many competing Layer-1s.

Theta (THETA) is a mid-cap asset in the broad top 250, ranked #185 among all tracked tokens by capitalisation. Essentially all of the THETA supply is already issued — roughly 1.00B of a 1.00B cap are in circulation — so future inflation is a non-factor. It currently trades about 99% below its all-time high of $16.59 set in April 2021.

Theta secures a Layer-1 network through proof-of-stake: rather than mining, validators bond the native token, take turns proposing and confirming blocks, and are slashed if they misbehave. The asset doubles as the gas that pays for computation and as the unit of staking and governance.

Theta (THETA) is a mid-cap asset in the broad top 250, ranked #185 among all tracked tokens by capitalisation. Essentially all of the THETA supply is already issued — roughly 1.00B of a 1.00B cap are in circulation — so future inflation is a non-factor. It currently trades about 99% below its all-time high of $16.59 set in April 2021.

In practice the token does four jobs: it pays gas for on-chain activity, it is staked to help secure the network and earn yield, it underpins the applications and DeFi collateral built on the chain, and it carries governance weight. Its value tracks how much genuine usage the chain attracts.

Daily volume runs at about 5.1% of market capitalisation ($6.56M in the last 24 hours), in the normal band for a coin of this size and supportive of orderly entries and exits.

Theta's tokenomics combine its supply schedule, current circulating supply, and the relationship between circulating market cap and fully-diluted valuation. At over 99% of maximum supply issued, future issuance pressure is effectively zero — the supply curve is now flat, and value accrual must come from network adoption rather than from supply schedule mechanics.

Whether the tokenomics help or hurt comes down to value accrual versus dilution — fee burns, reinvested staking yield and TVL growth on one side, scheduled emissions on the other. A favourable balance lets price grind higher without hype; an unfavourable one means the asset must keep attracting demand just to absorb issuance.

At the macro level, the variables that move this asset class most are the direction of US interest rates, the supply of dollar liquidity, and the state of global risk appetite. Crypto has behaved like a long-duration, high-beta risk asset: it tends to rally when real yields fall and the dollar softens, and to sell off when liquidity tightens.

To read crypto in a wider context, keep an eye on four markets — the dollar, where strength typically pressures risk assets; long-dated Treasury yields, which set the discount rate on future cash flows; gold, sometimes a parallel hard-money bet; and US equities, frequently correlated with crypto during liquidity-driven swings despite the popular "uncorrelated" label.

Zooming in on Theta, the most reliable leading indicator has tended to be crypto-native liquidity itself — aggregate stablecoin supply, open interest in futures, and exchange volume. Rising on-chain liquidity has historically pulled THETA up; draining liquidity has done the opposite. Given the 90-day BTC correlation of +0.61, THETA's near-term macro sensitivity will be similar to Bitcoin's — driven primarily by the same liquidity conditions and risk-asset flows.

The hazards to weigh: stake that concentrates in a handful of validators, bugs in the applications running on the chain, an unusually crowded field of competing L1s, unsettled regulation of staking rewards and MEV, and the hard truth that a base layer loses value fast if builders and users drift to a rival.