Chainlink saw its dominance challenged by
Pyth Network, which experienced significant growth in 2024. Predictions suggest PYTH coin might reach $1 by 2030. PYTH Network expanded its reach by partnering with Sony to streamline data applications for the Soneium blockchain. Further advancements were seen as
Pyth Network introduced Express Relay to minimize MEV in DeFi and as
Swiss Crypto Bank Amina partnered with Pyth to ensure accurate price feeds. Popular altcoins, including PYTH, outperformed Bitcoin in a major one-week market flip.
Pyth Network has also launched a staking program to enhance data reliability.
Pyth, an oracle network, expanded its governance stake to include industry heavyweights.
Ondo Finance and Pyth have partnered to integrate huge institutional assets with blockchain networks. Other collaborations saw TON Blockchain team up with Pyth for enhanced data delivery, while Sei V2 enhanced its DeFi performance by integrating Pyth and Entropy.
Pyth token achieved a near $500M valuation at its debut, indicating a vote of confidence from the market. Following a $77 million airdrop, PYTH price saw a significant surge. However, amidst these achievements, PYTH price experienced an 11% fall as newer cryptos emerged, raising questions on PYTH's long-term stability.
PYTH Coin News Analytics from Wed, 21 Sep 2022 07:00:00 GMT to Tue, 15 Oct 2024 08:03:01 GMT -
Rating -3
- Innovation 7
- Information 8
- Rumor 6
