Why is Powerledger (POWR) Price Pumping?

Powerledger’s native token POWR saw a nice 22% price pump over the weekend to trade around $0.37, bringing its market capitalization to around $192 million. However, checking Powerledger’s popular Twitter account, which boasts 96k followers, there were no major announcements that could explain this latest surge. Instead, it seems the price action for POWR is