Pyth Network is currently experiencing widespread adoption, securing partnerships with multiple organizations such as Sony, Binance, and VanEck, to provide real-time data across more than 80 blockchains. Its role in DeFi applications, specifically on-chain oil derivatives, has been a huge game-changer, triggering a surge of 90% in
PYTH price. This network is also innovatively tackling MEV issues in DeFi via Express Relay and improving the DeFi lending process through collaboration with Morpho and Gauntlet. Notably, the
crypto price prediction for PYTH is bullish, forecasting that it may even surpass its all-time high by 2025.
Pyth Network's recent introductions of crypto redemption rate feeds and real-time Bitcoin ETF data have made it even more viable in the ever-evolving DeFi landscape. Analysts predict the altcoin to register double-digit breakouts soon, backed up by its steady growth rate and high potential. Moreover, the launch of an exchange-traded note (ETN) in Europe by
VanEck could significantly boost the visibility and accessibility of PYTH. Furthermore, Pyth Network's innovative partnership with Ondo Finance and collaborations with other blockchains are expected to transform the DeFi realm.
PYTH Coin News Analytics from Thu, 17 Nov 2022 11:24:43 GMT to Wed, 18 Dec 2024 02:38:01 GMT -
Rating 7
- Innovation 9
- Information 6
- Rumor 9
