
Market Cap
$198.7M
24h Volume
$9.24M
Circulating
1B THETA
All-Time High
$15.72
Market Cap
$198.7M
Volume (24h)
$9.24M
Circulating Supply
1B THETA
Max Supply
1B THETA
1 THETA = $0.20
| All-Time High | $15.72 (April 16, 2021) |
| All-Time Low | $0.0404 (March 13, 2020) |
Theta Network (THETA) is a decentralized video streaming and edge-compute network. Mitch Liu and Jieyi Long started the project in 2017, and Theta Mainnet 1.0 went live in March 2019. The original pitch was simple: video delivery on the open internet was eating bandwidth at the CDN layer, and millions of users had spare upload capacity sitting idle on home connections. A protocol could match the two sides, drop content delivery costs, and pay users for bandwidth they were already wasting.
The advisory bench is unusual for a crypto project. Steve Chen (YouTube co-founder) and Justin Kan (Twitch co-founder) signed on as advisors early. Sony, Samsung NEXT, and Creative Artists Agency invested. Sony has shipped Theta tech inside a handful of Bravia TV experiments and tested it on PlayStation hardware. That distribution muscle is part of why Theta survived bear markets that wiped out faster, flashier streaming-token competitors.
THETA trades on Binance, Coinbase, Kraken, OKX, KuCoin, and Bybit, with availability shifting by region. The deepest pairs are THETA/USDT and THETA/USD. Live data on this page comes from a multi-venue feed that refreshes every 60 seconds. The reference quote is volume-weighted across the most liquid order books.
What actually moves THETA on a given day:
The numbers in the price card above are live. For multi-year scenarios, see our Theta price forecast.
Theta runs on two tokens with very different jobs. THETA is the staking and governance token. TFUEL is the operational gas token. Mixing them up is the most common mistake new buyers make.
▼ +98.73% from ATH
| Trade → |
| Binance | THETA/USDT | $0.199 | Trade → |
| DigiFinex | THETA/USDT | $0.198819 | Trade → |
For long-term holders, THETA is the asset to focus on, since the supply cap is fixed and stakers earn TFUEL passively. TFUEL itself is more useful as a working balance for active users of the network than as a buy-and-hold position.
In 2024 Theta rebranded the Theta Edge Network as Theta EdgeCloud and pivoted hard toward AI compute. The same edge-node infrastructure that handled video transcoding now also runs AI inference, 3D rendering, and short-burst GPU jobs. Mainnet 4.0 introduced Elite Edge Nodes; the 4.0+ release in mid-2024 wired EdgeCloud into the main protocol.
What EdgeCloud actually sells:
The pivot makes sense on paper. Idle GPU capacity is real, AI inference demand is real, and Theta already had the edge-node fleet running. The question is whether a distributed edge network can compete with hyperscale GPU clouds on latency, reliability, and customer acquisition. EdgeCloud has signed enterprise users, but the revenue base is still small relative to centralized GPU rentals.
Theta’s consensus is a three-tier setup, which is unusual for a layer-1. The split exists so that the heavyweight security work and the lightweight bandwidth work happen on different machines.
The practical takeaway: if you want exposure to Theta and you are a passive holder, run a Guardian Node or stake through a supported wallet. If you have spare bandwidth and a half-decent GPU, an Edge Node is the way to earn TFUEL directly.
ThetaDrop is the network’s NFT marketplace, focused on entertainment and sports licensees rather than pure crypto-native art. The partnership list reads like a media rights catalog: World Poker Tour for tournament moments, ABS-CBN for Filipino broadcasting content, Katy Perry for fan drops, and a rotating cast of esports and music IP.
The interesting structural piece is that ThetaDrop ties NFT ownership to streaming benefits. Holding certain drops can unlock perks inside Theta TV, which keeps the marketplace from being purely speculative. Sales volumes are not headline-grabbing compared to OpenSea-tier marketplaces, but the throughput is steady and the customer side is real media companies rather than retail flippers.
For THETA holders, the marketplace matters less as a direct revenue driver and more as a signal that the network actually services content businesses. Distribution deals tend to compound: Sony brings other consumer-electronics partners, World Poker Tour opens doors with other sports leagues, and so on.
Buying THETA is straightforward on most major exchanges. The custody decision (exchange vs Theta Wallet) matters more than the venue choice for long-term holders.
For passive holders, the standard play is to stake THETA to a Guardian Node and let the TFUEL rewards accumulate. Custodial staking through some exchanges is available but routes the rewards through the exchange first.
The structural risks for THETA do not look like a standard layer-1 token. Direct competition with Akash and Render for AI compute, concentration in a small set of media partnerships, and persistent TFUEL inflation are the three issues that matter most for the long-term thesis.
This page is information, not financial advice. Talk to a licensed advisor before allocating real capital.
At the time of writing, Theta Network (THETA) trades at $0.198681, with a 24-hour trading volume of $9.24M and a total market capitalization of $198.7M. The asset is currently ranked #194 among all tracked cryptocurrencies by market cap.
Over the last 24 hours, the THETA price has rose +3.42%. On the seven-day chart, Theta Network has retraced +2.71%, showing mixed signals across the short and medium term. Short-term price swings are often amplified by liquidity conditions, news flow, and derivatives positioning, so traders should confirm signals across multiple indicators before acting.
Theta Network's all-time high of $15.72 was set on April 16, 2021. The current market price is +98.73% below that historical peak. Distance from the all-time high is a common reference point when evaluating long-term recoveries and identifying macro support or resistance levels.
Buying Theta Network (THETA) is straightforward once you know which exchange to use and which trading pair offers the best liquidity. The steps below describe the typical flow used by most investors today.
You can also use the built-in Theta Network converter above to estimate exactly how much THETA you would receive for a given amount in USD before placing an order.
Whether Theta Network is a good investment depends on your goals, time horizon, and tolerance for volatility. Like all cryptocurrencies, THETA carries significant market risk — prices can rise or fall sharply in a single day, and past performance is not a reliable indicator of future returns.
This page provides data and analysis for educational purposes only. It is not financial advice. Always do your own research, diversify, and never invest more than you can afford to lose.