Several important updates and partnerships have occurred in the Pyth Network (PYTH) community. Pyth Network teamed up with Revolut, a financial technology firm with 45M users, bridging the traditional finance and decentralized finance gap. The partnership will facilitate the sharing of real-time digital asset data and enhance transparency in DeFi projects.
PYTH has also recently launched a price feed support for MOTHER, resulting in a 37% spike in its value. It announced the introduction of real-time oil data to over 80 blockchains, which could significantly enhance the Blockchain industry. Reports also suggest a potential 400% increase in PYTH's value, considering its ongoing developments and expansions.
The network has also made notable strides in Europe. For instance, VanEck launched a PYTH Crypto ETN in Europe, as the PYTH network continues to expand its DeFi reach. More so, the Pyth Network's consistent growth is evident as it surpasses Chainlink in 30-day volume. The predictions for PYTH's price surges emphasizes the potential growth and sustainable progress of the network.
PYTH is continually improving its platform as it introduces Express Relay aiming to reduce Maximum Extractable Value (MEV) in DeFi. With its goal to revolutionize real-time data in DeFi, PYTH remains a promising investment according to recent price predictions. The network's partnership with Sony, Soneium Blockchain, and Avalanche will potentially unlock over $1 billion in tokens, which highlights PYTH's ongoing advancements.
Lastly, PYTH Network made significant advances by launching real-time market data on Hedera, introducing an SDK for Python developers, and planning to release real-time oil data feeds. The network's growth shows promise with predictions foreseeing a rise in the PYTH's value to $ 0.620888 by Dec 03, 2024.
PYTH Coin News Analytics from Wed, 28 Sep 2022 07:00:00 GMT to Wed, 08 Jan 2025 17:35:54 GMT - Innovation 8 - Information 8 - Rumor -2