Pocket Network has been dead in the water for over six months, but now it’s back on the grind, skyrocketing to a $100M market cap in just a month. This move caught a lot of investors off guard, with most thinking it would dip fast, but POKT crypto is up again with over 40% in just 24 hours.
What is happening, and can it continue? Also, find out about BTCBULL, another hot presale that is doing the same significant numbers.
The wPOKT bridge is now back online: https://t.co/IxLJwY2Zqm
We are only supporting wPOKT unwrapping at this time, as we will be moving to a unified Axelar bridge soon, and deprecating wPOKT. You may bridge it to Base or Sol, or unwrap back to Shannon POKT with your Soothe…
— POKT Network (@POKTnetwork) June 10, 2025
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POKT Crypto On The Rise: Can It Continue?
Pocket Network is a decentralized RPC protocol for any blockchain. POKT crypto coin hit a bottom of 25M market cap in late May. Since then, the coin has been trying to restore all the hype, pumping back to over 170M market cap.
It all started when the token was listed on Upbit, a big Korean exchange. That made it super easy for the Asian investors to grab some POKT. And boom, the coin shot up over 500% from its lows. Then, the Pocket team dropped the news about the highly hyped Shannon mainnet upgrade.
SHANNON MIGRATION UPDATE:
Many exchanges have completed the update and are open for withdrawals and deposits again. You WILL need to be using a Shannon compatible wallet like @TrustSoothe .
— POKT Network (@POKTnetwork) June 6, 2025
Pokt leveled up again, getting listed on another major Asian exchange, Bithumb, and the price soared even more. Even though many people wrote the coin off over the years, the Pokt team kept grinding, dropping updates for the Pocket Network, and it looks like their effort is finally paying off.
But being down so much from its all-time high of 3.11 really took a hit to investors’ trust. The product needs some time to win that back. With the market on fire right now, there are tons of opportunities popping up, and presales are one of the big ones. Check out this presale that’s pulling in investors from all over the globe.
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GM Bulls. Checkmate incoming. ♟️🐂 pic.twitter.com/t6XHItlCof
— BTCBULL_TOKEN (@BTCBULL_TOKEN) June 9, 2025
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Stay in the loop with BTC Bull by following them on X or Telegram for all the latest updates.
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Key Takeaways
- POKT surged after listings on Upbit and Bithumb, driven by updates and market momentum.
- Despite a drop from its peak, POKT’s ongoing development may restore investor trust.
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