That's not something news as blockstack was touching its early rate again. It's not yet surpassed its ATH. The problem is if that is still traded below the ATH.
As the first ICO who gets regulation A+ license to get 50 million in funding (one year) and that's a really good return.
https://icodrops.com/blockstack/Im willing to try to use this too and just hope elixxir will be the next project that can get the same result as blockstack.
Also get approved by SEC, get $50m funding, working and functioning product, easy to use platform, I've already tested with the ID and understand their concept, pretty easy and straight forward.
These things that you mentioned above are not the reason for the token's price to increase. It's about how great the incentive that the company provides to the prospective buyers of the token and how many prospective buyers out there who are ready to buy this token.
Is this another utility token? I'm not interested in utility token anymore. There is no benefit from holding it.
If you understand about Regulation A+ and the token that already offered by blockstack can be categorized as a security. Both utility and security offer the different benefit but it's really sad to say if there was no utility coin in crypto except bitcoin and ethereum, i believe maker dao is utility too.
