Several crypto market events around
Pyth Network (PYTH) have been highlighted. These events cover a range of topics including price rallies, new partnerships, and integration into different ecosystems. The selection indicates that PYTH, an altcoin, is one to keep a close eye on in the rebounding crypto market. Notably, strong growth for PYTH was observed, by up to 46x in 2024. A partnership between
Pyth Network and Sony was report, designed to power Soneium Blockchain with real-time data. A focus was on the
express relay developed by Pyth Network which targets to reduce Miner Extractable Value (MEV) in Decentralized Finance (DeFi). Pyth Network confirmed the
launch of price feed data on Bitcoin layer 2 Merlin Chain and was considered by many traders to have positive implications on its value. The network also collaborated with
Swiss Crypto Bank, Amina, promising reliable price feeds. Several announcements surrounding
token unlocks by Pyth, Aevo, and others were made, which stirred interest in investors. However, there were some suggestions to consider selling PYTH among other altcoins. Signalling strong growth in its data provider network, Pyth celebrated its 100th provider. Yet, pressures remain as the coin's competition, Chainlink, had its dominance questioned. Ultimately, various factors suggest PYTH could be beneficial for diversifying your portfolio. This has shown in its price increase following an airdrop for DeFi users.
PYTH Coin News Analytics from Tue, 03 Oct 2023 01:20:17 GMT to Sat, 05 Oct 2024 17:38:28 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor 3
