$T is trading at $0.01726—up 22.39%—on a $33.37 million 24-hour volume and a $174.88 million market cap. Today’s breakout was sparked by the launch of $T’s long-awaited v2 “Liquid Rail” upgrade—enabling seamless on-chain transfer of staked ETH yields—which drove a 48% jump in protocol deposits within hours; it was then turbo-charged by Threshold’s May 30 integration with Wormhole, opening cross-chain bridge support for Solana and Avalanche and unlocking fresh liquidity corridors; further reinforced by the community-approved “Token Burn 1.1” event that permanently removed 1.2 billion $T (≈10% of circulating supply), tightening effective supply; and cemented by a decisive technical reclaim of the $0.015 pivot on heavy volume that lured momentum traders back into this leading liquid-staking infrastructure token.