Space and Time token SXT pumps 33% amid key Microsoft integration

The Space and Time token SXT jumped more than 33% as altcoins rose. SXT crypto price was up after a major partnership with Microsoft. The token’s daily volume jumped 390% to over $280 million as SXT outpaced top altcoins. The Space and Time (SXT) price rose sharply on Wednesday as the zero-knowledge proofs blockchain for […] The post Space and Time token SXT pumps 33% amid key Microsoft integration appeared first on CoinJournal.

May 21, 2025 - 14:20

Space and Time token SXT pumps 33% amid key Microsoft integration

The Space and Time token SXT jumped more than 33% as altcoins rose.
SXT crypto price was up after a major partnership with Microsoft.
The token’s daily volume jumped 390% to over $280 million as SXT outpaced top altcoins.

The Space and Time (SXT) price rose sharply on Wednesday as the zero-knowledge proofs blockchain for data struck a major partnership with Microsoft.

Daily volume exploded 390% to over $280 million, while the cryptocurrency’s market cap edged to near $200 million.

The cryptocurrency ranked among the best performers on the day, topping the list of gainers by 24-hour gains in the top 500 coins by market cap.

Per data from Coinglass, the open interest in the Space and Time token is up 117%.

Why did the SXT crypto price surge today?

SXT price reached highs of $0.15, surging by more than 33% in the past 24 hours.

Gains saw the altcoin bounce off its recently hit all-time low of $0.10.

The downside to the new low happened as the broader crypto market witnessed a bout of volatility, with Bitcoin price dumping to under $103k before rallying sharply to retest the $107k level.

This action also cascaded into top altcoins, and smaller coins such as Space and Time exploded.

SXT, however, had another likely catalyst fueling its upsurge.

A major announcement from tech giant Microsoft provided the tailwinds, specifically in the form of Microsoft’s integration of the Space and Time blockchain with the US-based computing giant’s analytics platform Fabric.

Integration will see Microsoft add real-time data feeds to the Microsoft Fabric network.

This collaboration builds on Space and Time’s milestone of getting capital backing from M12 – Microsoft’s venture arm.