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⇑ Major Breakthroughs and Partnerships Propel PYTH Coin's Momentum

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Major Breakthroughs and Partnerships Propel PYTH Coin's Momentum
Pyth Network has notably hit the ground running in the crypto domain, establishing itself as a primary player in the decentralised finance sphere. Experiencing a staggering 46x growth in 2024, its ascendance challenged the dominance of Chainlink. Projections indicate that Pyth may reach a value exceeding $1 by 2024. The network has formed several significant partnerships, including with Sony to enhance the Soneium blockchain with real-time data. Pyth has also teamed up with Avalanche to unlock over $1 billion in tokens, highlighting its influence and reach. Other key collaborations include Aevo and Starknet, with over $2 billion in tokens set to unlock. Pyth's recent strategic alliance with Swiss crypto bank Amina strengthens its capacity to provide accurate price feeds. Further, Pyth has launched its price feed data on the Bitcoin layer 2 Merlin Chain and is already forecasting multifold returns following a strong breakout. The network also recently introduced Express Relay to reduce MEV in DeFi. With the launch of its price feeds on IOTA EVM and the integration with Sei V2 for enhanced DeFi performance, Pyth shows promising progress, making it potentially beneficial for inclusion in crypto portfolios.

PYTH Coin News Analytics from Tue, 03 Oct 2023 01:20:17 GMT to Wed, 11 Sep 2024 14:03:45 GMT - Rating 8 - Innovation 7 - Information 9 - Rumor 6

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