
Tellor (TRB), a cryptocurrency from the oracle sector, is attracting the attention of the community due to its appreciation. In the last 60 days, TRB has seen gains of 1,100% while going from $10 to $119.
In short, the entire market is excited about the possible approval of spot Bitcoin ETFs in the US. However, some cryptocurrencies are standing out from the rest as they gain extra momentum.
According to the project team itself, Tellor is “a transparent and open way for smart contracts to obtain any data whenever they need it”. In other words, it is a decentralized oracle protocol.
Its main rivals are Chainlink (LINK) and Band Protocol (BAND), two cryptocurrencies that have also experienced major increases. At the moment, LINK is the 12th largest crypto in the industry, being one of the most respected projects.
“Tellor price has jumped +750% since July,” wrote Santiment, before TRB even reached $100. “Whales are showing more interest than ever as new addresses continue to emerge.”
