Binance and Crypto.com Will Support Theta’s Upgrade, THETA Looking to Reclaim $3.00

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The Theta network is on the verge of a pivotal upgrade, with major cryptocurrency exchanges like Binance and Crypto.com stepping in to ensure a smooth transition for users. As excitement builds around the upcoming v3.3 network enhancement, THETA holders are watching closely—not only for technical improvements but also for signs of a potential price rebound toward the psychologically significant $3.00 mark.

Theta Network’s v3.3 Upgrade: What’s Changing?

Theta, known as an end-to-end infrastructure for decentralized video streaming and content delivery, has announced its v3.3 upgrade will go live at block height 14,526,120. According to the project's official announcement, the network update is expected to occur around 19:00 UTC, introducing a major change: a tenfold reduction in the minimum validator stake deposit from 2 million to just 200,000 THETA.

This adjustment aims to lower entry barriers for new validators, encouraging broader participation in network security and decentralization. By making staking more accessible, Theta hopes to strengthen its consensus mechanism and improve long-term network resilience.

👉 Discover how blockchain upgrades impact token value and user participation.

Major Exchanges Confirm Support for THETA Hard Fork

One of the biggest concerns during any blockchain upgrade is exchange support—especially when it involves a hard fork. Fortunately, two of the largest digital asset platforms, Binance and Crypto.com, have confirmed they will fully support the Theta network upgrade.

Binance: Trading Unaffected, Deposits/Withdrawals Paused

Binance has assured users that THETA trading will continue uninterrupted throughout the upgrade process. In an official statement, the exchange emphasized:

“The trading of THETA will not be affected during the network upgrade and hard fork […] Binance will handle all technical requirements involved for all users holding THETA in their Binance accounts.”

However, to maintain platform stability and user fund safety, Binance will temporarily suspend THETA deposits and withdrawals starting approximately at 18:00 UTC on March 14, 2022. These services will resume once the upgraded network is deemed stable—though no separate public notification will be issued upon reopening.

Crypto.com Aligns with Safety-First Approach

Similarly, Crypto.com announced it would pause both THETA and TFUEL deposits and withdrawals across its app and exchange platforms beginning at the same time—18:00 UTC on March 14. The exchange clarified:

“To ensure the safety of users' funds during and after the upgrade, we will temporarily suspend THETA and TFUEL deposits/withdrawals […] THETA and TFUEL trading will not be affected.”

This coordinated approach by leading exchanges reduces uncertainty for investors and reinforces confidence in Theta’s ecosystem during this critical phase.

👉 See how top exchanges manage blockchain upgrades and protect user assets.

Theta’s TVL Surges Amid Growing DeFi Adoption

While the upgrade grabs headlines, another key indicator suggests growing confidence in Theta’s ecosystem: Total Value Locked (TVL).

Data from DeFi Llama reveals that Theta’s TVL has more than doubled since early February, climbing by an impressive 138%. At the start of the month, TVL stood at $95.61 million, peaking at an all-time high of **$261.84 million on February 17. Though it pulled back slightly by month-end to $212.26 million, it remained resilient through early March—once reaching **$243.93 million on March 3.

As of this writing, Theta’s TVL has climbed again to **$228.08 million**, up from $203.88 million just five days prior—indicating renewed momentum.

DeFi Growth Driven by ThetaSwap and Ecosystem Protocols

The surge in locked value is largely driven by ThetaSwap, the network’s primary decentralized exchange (DEX), which accounts for roughly two-thirds of total TVL. ThetaSwap has reported positive growth metrics, with 8.41% in 24-hour volume increase and a 4.58% rise over seven days.

The remaining third comes from protocols like ThetaCash and VoltSwap, both showing healthy gains of 2.72% and 8.40%, respectively. This expanding DeFi activity signals increasing utility within Theta’s blockchain beyond its core video streaming use case.

THETA Price Analysis: Can It Break Past $3.00?

Despite strong fundamentals and network developments, THETA’s market performance reflects broader crypto market trends—volatility with pockets of optimism.

Earlier today, the THETA/USD pair attempted to break above $3.00**, but faced rejection. After dipping to a session low of **$2.77 during European morning hours on Friday, prices began a gradual recovery, reaching an intraday high of $2.98** before settling around **$2.87—and now resuming an upward trajectory.

According to CoinMarketCap data, THETA has traded below $4.00 for over three weeks**, last exceeding that level on **February 16**. Over the past year, the token has experienced significant depreciation, losing approximately **80% of its value since April 2021**, when it briefly approached nearly **$16.00.

Still, recent upward pressure—fueled by exchange support and rising DeFi adoption—suggests growing sentiment that THETA may be positioning for a comeback.

Key Metrics:

With technical upgrades reducing validator thresholds and DeFi growth accelerating, many analysts believe reclaiming $3.00 is within reach—if broader market conditions remain favorable.

Frequently Asked Questions (FAQ)

Q: Will I lose my THETA tokens during the upgrade?
A: No. If you hold THETA on supported exchanges like Binance or Crypto.com, your funds are safe. The exchanges will manage all technical aspects of the upgrade automatically.

Q: Why are deposits and withdrawals being paused?
A: This is a standard precaution during hard forks to prevent transaction failures or loss of funds due to chain instability immediately after the upgrade.

Q: What does the reduced validator stake mean for the network?
A: Lowering the minimum stake from 2 million to 200,000 THETA makes it easier for more participants to become validators, improving decentralization and network security.

Q: Is THETA a good investment right now?
A: While past performance isn’t indicative of future results, growing TVL, exchange support, and upcoming upgrades suggest positive long-term potential—but always do your own research before investing.

Q: When will THETA break $3.00 again?
A: Market conditions vary, but increased adoption, exchange confidence, and DeFi growth could provide upward momentum toward $3.00 and beyond in the coming weeks.

Q: Can I stake THETA after the upgrade?
A: Yes—and it may become more accessible post-upgrade due to lower minimum requirements for participation in validation.

👉 Stay ahead of blockchain upgrades and track real-time price movements with advanced tools.

Core Keywords:

As Theta continues to evolve technically and expand its decentralized finance footprint, investor interest appears to be reigniting. With major exchange backing and improved accessibility for validators, the stage may be set for THETA to reclaim lost ground—and potentially surpass previous highs in the future.