is there any reason why price is increasing recently?
Bitcoin value estimation.
If you look at the chart for around 3-6 month ago the price on range 0.000004 - 0.000006 BTC and now still on the same price when you see from bitcoin pair. Since now, BTC reached 35,000 USD even the altcoin not moving anything as long they can hold the BTC pair the USD estimation will be increase.
Same happen like NANO, still same almost 1-1,5 years on 10K satoshi a long time ago only 0.6$ but now NANO with 10K satoshi price bitcoin got estimation 3.5$. Yeah, the bitcoin pair not moving but because bitcoin price increase the estimation USD was increase.