VanEck has listed
PYTH ETN in Europe, expanding its influence on
Solana. This launch has garnered interest in financial projections for the
Pyth Network (PYTH), an altcoin under $5 with high potential. Projections predict a 400% increase for Pyth within the next four years. Innovations by Pyth in offering accurate price feeds and restructuring DeFi lending have made it an effective competitor in its market, even against dominant force Chainlink. Pyth has recently established influential partnerships, especially with
Sony to power
Soneium Blockchain with real-time data. With this partnership and several other integrations, Pyth aims to reduce MEV in DeFi and provide real-time DeFi data for developers. Other notable partnerships include collaborations with Ondo Finance, Amina, Aevo, and TON which further contribute to its anticipated growth. Predictions for its performance remain bullish, with expectations of massive gains from its token pre-sale. This growth forecast is strengthened by its recent unveiling of live price feed data on Bitcoin layer 2 and the forthcoming unlocking of vested tokens worth over $3B. Amid this promising roadmap, concerns have emerged over malware issues within Python's Package Index. Meanwhile, Binance has expanded its trading pairs to include ETHFI, MEME, and PYTH among others.
PYTH Coin News Analytics from Tue, 03 Oct 2023 01:20:17 GMT to Wed, 06 Nov 2024 08:37:16 GMT -
Rating 8
- Innovation 7
- Information 6
- Rumor -1
