Why is THETA highest at the money?

Could you please explain why THETA is currently trading at its highest point in terms of market capitalization? I'm interested in understanding the factors that are driving its value upwards and what makes it stand out among other cryptocurrencies. Is it due to its unique technology, widespread adoption, or perhaps some recent news or announcements? I'd also like to know if there are any potential risks or challenges that investors should be aware of when considering investing in THETA. Thank you for your insights.