 Silo, Silo, the native token of the blockchain-based data exchange, is bucking the broader market trend having recently rallied to a 19-month high above $0.0043. Before the recent uptrend, Silo had largely underperformed this year plummeting to a low of $0.001108 in October. While the rest of the market witnessed year-to-date YTD, gains at the time represented a 42% decline in Silo's price YTD. However, the token made a late and unexpected comeback against bear market sentiment at the start of November. The token surged 50.7% from the $0.001108 low on October 20th to $0.00167 on November 13th. Despite the resurgence, Silo was still in bearish territories on the YTD time frame. The asset eventually collapsed from the $0.00167 threshold dropping below $0.0015 as November progressed. It later leveraged a market-wide uptrend to rally to $0.002644. Despite intermittent declines, Silo's uptrend seems to be persisting as the crypto token continues to record higher highs. Silo is sustaining an uptrend amid the ongoing market correction hitting a 19-month high of $0.00418 on December 18th. The last time Silo saw this price was before the Tera implosion of last May. The asset has corrected some of the latest price gains but holds up well above $0.003 Silo currently trades for $0.003638 with a 24.58% increase over the past week. Silo is also up 152% in the last one month and 25% over the last 24 hours. The token's 24-hour trade volume has also skyrocketed by a mind-blowing 421% to $5.19 million as of December 18th. Despite this increased volume, data from Market Intelligence resource, Santiment, suggests the asset's social volume has dropped to one in recent times. This suggests low social mentions. Meanwhile, Santiment data confirms that the recent spike in price has impacted Silo's relative strength index, RSI, which has surged from 32.8 to 61.8. This rapid increase indicates a substantial strengthening of Silo's momentum as the recent price spike leads to substantial buying pressure. While Silo's RSI could suggest a price downturn, staying below the 65 mark would still suggest further bullish momentum. The notion of increased buying pressure is further bolstered by the massive 421% surge in trade volume. With no significant updates surrounding the project in recent times, market watchers attribute the recent campaign to speculation as a result a correction could be on the horizon as the asset enter overbought regions with no support from the broader market. Silo is a decentralized communication and data exchange network powered by a layer to micropayments infrastructure and the dollar Silo token. User run service peers provide infrastructure to the network which allows developers and businesses to run privacy first, unstoppable apps without deploying any infrastructure of their own. A staking architecture and unique probabilistic ticketing solution ensure minimal transaction fees and limitless scalability. This scalability is already on show within the Projects flagship app, the Silo Smart Wallet, a decentralized private messenger and crypto wallet. The Silo network provides a reliable decentralized service layer for communications applications. Services are provided by seeker nodes and paid for using silo tickets, an off-chain trustless payment method powered by blockchain technology. Seeker nodes receive work to do in proportion to the amount of silo token that they have staked in the network and are rewarded or penalized based on the quality of the service that they provide. This incentive structure ensures that node operators' incentives are aligned with those of the network as a whole which ensures a high standard of service no matter who operates each individual node. The first section explores all of the components of the Silo network explaining their purpose and how they fit into the network as a whole. Seeker nodes are an application that anyone can run to help provide network services to silo users in a truly private, fully decentralized way. Seeker nodes provide incentivized event relay to applications and users of the Silo network. Network traffic is allocated to nodes based on the amount of silo tokens that they have staked. This information is saved on chain in a stake directory. Silo tickets are the payment mechanism on the network, they are used to pay for very small units of work, off-chain. An epic is the main unit of time in the Silo network, measured as a number of on-chain blocks. At the start of each epic, the stake directory is recalculated and the next epic service price is determined. The Silo token is at the core of the Silo ecosystem. It is a utility token that is used to remunerate the essential costs of running a Silo node, human time, hardware resources, and electricity. The Silo token's unique Layer 2 off-block chain probabilistic micropayment system makes this possible. Silo tokens are also used to measure an individual's level of participation in the Silo network. The amount of Silo token that a node has staked determines how much work it is responsible for completing, and as a result, how much that node can earn. The Silo token's utility does not stop at infrastructure. The native currency within the Silo ecosystem, the Silo token is used for payments between users, smart wallet upgrades, add-ons, in-depth payments, and purchases in the real world. The total amount of Silo tokens in existence is 10 billion. This number is fixed, no new tokens will be minted. The Silo token has a total max supply of 10 billion tokens. Real-time circulating supply information can be found on Coinjectco. This Silo token distribution was originally published in 2018. The Silo token distribution, 10% platform incentivization tokens allocated to incentivizing adoption of the network. These tokens are to be used over time for platform growth initiatives to benefit the network and community, 25% Silo protocol platform tokens. This allocation is for further development of the Silo network, the Silo smart wallet DAPS, and other platform initiatives, 20% token generating event. These tokens were allocated to token buyers during the Silo project's 2018 TGE. These tokens are unlocked and make up the Silo token's initial circulating supply. 12.5% token generating event. These tokens were allocated to token buyers during the Silo project's 2018 TGE. These tokens became available to buyers in January 2021, 10% team dev allocation allocation to ensure core Silo contributors are incentivized to further the project for years to come. 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