SATS (a cryptocurrency) has been on a tear recently, with its price increasing by more than 200%. The reasons behind this change are closely related to the significant changes in SATS fundamentals and the development of the Unisat project.

Unisat is currently developing a module called brc20 swap, and plans to push it to Bitcoin's mainnet and the second-layer network Fractal Bitcoin developed by Unisat in the future. The purpose of this module is to enable other teams to build their own redemption platforms based on UniSat's code. In addition, Unisat also launched Fractal Bitcoin, a network based on the brc20 standard, aiming to expand the Bitcoin network through the brc20 standard. Projects on Fractal Bitcoin have had good liquidity from the start, and BTC and other mainnet assets can also exist on Fractal Bitcoin as brc-20 wrapped assets, providing greater flexibility.

In addition, Unisat also conducted a large-scale airdrop of the inscription PIZZA to commemorate the 14th Bitcoin Pizza Festival and airdropped it to platform users for free. PIZZA has become one of the most widely held assets among brc20 and rune assets.

From a technical perspective, SATS has experienced a sustained decline since late February but has recently begun to trend upward. Binance contract data on July 17 shows that the account long-short ratio is 0.751, and the long-short ratio of large households' positions is 1.6425, showing that the proportion of bullish funds is relatively high. In addition, 1000SATS did not form many new short orders above 0.00028 after exploding short orders at 0.000225 and 0.00024.

To sum up, the recent trend of SATS is closely related to changes in its fundamentals and the development of the Unisat project, especially in the development of the brc20 swap module and the launch of the Fractal Bitcoin network. These factors have combined to drive a significant price increase for SATS, making it one of the market players to watch.