Pyth Network is targeting all-time highs in its price prediction for 2025. Renowned ETF provider,
VanEck, has listed
PYTH ETN in Europe, boosting its reach and exposure. Further, Grayscale, the largest digital currency asset manager, is now eyeing Solana's ecosystem with PYTH being in focus. PYTH network enhanced its DeFi reach by integrating real-time crypto redemption rate feeds, with Sony providing technical support. This has positioned Pyth to challenge
Chainlink's dominance in the oracle space. Pyth has demonstrated impressive growth, flipping Chainlink in 30-day volume, and leading perps trading on Solana. This has led experts to predict a strong surge for PYTH. Collaboration with
Ondo Finance and
MORPHO, Gauntlet has facilitated Pyth's DeFi lending overhaul. Pyth Network is also launching
price feed data on Bitcoin layer 2 Merlin Chain, and the network's real-time Bitcoin ETF price feeds appear to be bridging the gap between DeFi and traditional finance.
Arthur Hayes-backed Maelstrom has committed to supporting Bitcoin developers, attracting attention in the crypto sphere. Integration of institutional assets with blockchain ecosystems is among the notable milestones achieved following the partnership with Ondo Finance. To boost its DeFi performance, Sei V2 has integrated with Pyth and Entropy. A significant token unlock wave is expected, led by Aevo and Pyth, with over $3 billion worth of cryptos to be unlocked.
PYTH Coin News Analytics from Tue, 03 Oct 2023 01:20:17 GMT to Wed, 06 Nov 2024 11:02:59 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor -2
