币界网报道：Threshold Network's native token T surged 22% in the past 24 hours, reaching $0.01960 amid growing market optimism. The decentralized threshold cryptography project, which focuses on privacy-preserving solutions for Web3, has seen increased adoption following recent protocol upgrades. Key developments include the integration of tBTC v2, a decentralized Bitcoin-to-Ethereum bridge, and enhanced staking rewards for T holders. The network's total value locked (TVL) has grown 35% month-over-month to $87 million, according to DeFiLlama data. Market analysts attribute the price surge to both broader crypto market recovery and Threshold-specific developments, including upcoming mainnet launches for new privacy tools. The project recently formed technical partnerships with several Layer 2 scaling solutions to improve cross-chain interoperability. Trading volume spiked 180% to $12.4 million, with Binance and Uniswap accounting for 65% of transactions. While still 72% below its all-time high of $0.069 in 2022, T has outperformed most mid-cap DeFi tokens this quarter with a 140% gain since January. The Threshold DAO treasury currently holds $14 million in various assets to fund ongoing development.