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There is an ongoing onslaught in the digital currency ecosystem today, as marked by the more than 0.30% drop in combined market capitalization, which is now pegged at $1.09 trillion. Amid this rout, decentralized finance (DeFi) protocol Bancor (BNT) is shining brightly, with its\u00a0price up<\/a> by more than 48% to $0.6201.<\/p>\n The Bancor protocol is on a parabolic trend, with convincing growth that is equally reflected in its inherent trading volume. Per CoinMarketCap data, Bancor has recorded a more than 2,490% jump in its trading volume, a sign that the price is neither superficial nor inflated in any way.<\/p>\n As observed in the Bancor growth trends, the current parabolic run is its most ambitious price action in a very long time. Prior to this impressive surge, the coin’s price had remained flat for the better part of the past month, where it has traded at a low of $0.3786 and a high of $0.4462 in what constitutes a defined consolidation move.<\/p>\n With Bancor now leading the altcoin trend with a dominant growth rate, the question remains whether or not this surge is sustainable moving forward.<\/p>\n card<\/a><\/p>\n Bancor protocol, like many rare DeFi projects reported in the past, has been on the frontlines leading the altcoin rally. Whether this growth is sustainable is a function of whether or not the underlying trigger will remain moving forward.<\/p>\n As gleaned from its socials, Bancor’s dominant protocol, Carbon DeFi, has just uncovered a phishing attempt that might have caused mayhem within its ecosystem. This, alongside the key\u00a0offering<\/a> being presented by the protocol, has given its community a boatload of confidence in the ecosystem for being proactive, unlike the protocols that have\u00a0suffered exploits<\/a> in recent times.<\/p>\nPotential Bancor trigger<\/h2>\n