Deep Dive
1. Protocol Upgrade Anticipation (Bullish Impact)
Overview: TBC’s Bitcoin Virtual Machine (BVM) smart contract layer is set to activate at block height 862600, enabling TBC20 and TBC721 token standards (TBC). This positions TBC as a Bitcoin Layer-2 solution for decentralized applications.
What this means: The upgrade could expand TBC’s utility beyond Bitcoin’s base layer, attracting developers seeking Bitcoin-compatible smart contracts. Historically, protocol upgrades like this drive speculative buying, especially with TBC’s 7-day +32.93% rally reflecting pre-event optimism.
What to look out for: Confirmation of on-time activation (block 862600) and early developer adoption metrics post-launch.
2. Avoiding Exchange Delisting (Mixed Impact)
Overview: MEXC’s August 2025 “ST” warning list included 20+ tokens like DOGECOIN and SHIB2 but excluded TBC (MEXC).
What this means: TBC’s absence reduces near-term delisting risks, easing investor concerns about liquidity crunches. However, TBC’s $4.9M 24h volume (-11.15% vs. prior day) suggests thin liquidity overall, leaving it vulnerable to volatility.
3. Altcoin Season Momentum (Bullish Impact)
Overview: The CMC Altcoin Season Index rose +26.79% this week to 71, signaling capital rotation into smaller cryptos.
What this means: TBC’s 32.93% weekly gain aligns with this trend, as traders target high-beta assets. Bitcoin dominance dipped to 57.48% (from 58.85% last month), further supporting altcoin inflows.
Conclusion
TBC’s 24h uptick reflects a mix of protocol upgrade hype, relief from exchange risks, and altcoin tailwinds—though low liquidity warrants caution. Key watch: Will TBC’s BVM activation at block 862600 catalyze sustained developer activity, or will profit-taking reverse gains post-event?