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User Growth Fuels BAT Rally: Brave Crosses 101M Users Milestone - Crypto Economy
TL;DR
One of the most remarkable success stories in the cryptocurrency market is the Basic Attention Token (BAT). Since October, the token’s price has experienced an explosive surge of over 100%, reaching $0.2619, standing out among altcoins in the overall recovery. The driving force behind this rally is the Brave BAT token user growth.
BAT’s strong momentum is directly linked to the massive and sustained adoption of its base platform, Brave Browser. In September, the browser surpassed a historic milestone by reaching 101 million monthly active users and currently boasts 42 million daily active users. This rapid growth, with approximately 2.5 million net new users each month for two years, underscores the token’s high utility.

The Impact of the Brave Ecosystem on BAT’s Price
While most altcoins are still struggling to recover their values from the October 10 liquidation event, BAT is trading around $0.2664, with gains of 20% in 24 hours and over 53% in the past week. This strength positions BAT as the second-best performing sector in the social tokens category, only surpassed by privacy coins.
Furthermore, BAT’s market capitalization exceeds $397 million, with a high circulating supply of 1.49 billion tokens out of a maximum of 1.5 billion. Its recent dynamism has caught the attention of retail traders, with transfer volume increasing significantly.
The token’s dual role as a privacy tool and a social reward mechanism places it at the intersection of two key trends: social tokens and privacy coins. The Brave browser not only offers robust privacy features (ad and tracker blocking, VPN, etc.), but also integrates a search engine that handles nearly 20 billion queries annually.
Additionally, BAT powers Brave’s reward system, allowing users to earn tokens for viewing privacy-respecting ads and to use those tokens to reward content creators or exchange them.
In summary, this ecosystem of rewards and utility, built upon strong Brave BAT token user growth, is what sustains its current market momentum. The coming weeks will be crucial in determining whether this interest translates into lasting institutional involvement.