Pyth Network, a Solana-based oracle platform for price data, has been stirring up the
crypto industry with its various strategic partnerships and innovative products. It has partnered with
Revolut, the digital bank giant, to bring real-time digital asset data to the network. Revolut essential bridges the Traditional Financial systems ('TradFi') with
Decentralized Finance ('DeFi'), serving its 45M users base providing essential connection.
Binance has also launched
BNSOL Super Stake with Pyth.
Grayscale, a leading digital currency asset manager, has debuted a new investment fund based on Pyth, broadening bigger investors' access to the Solana ecosystem. This is in addition to taking part in the launch of Pyth's
crypto ETN in Europe by
VanEck, a notable ETF and mutual fund manager.
Chainlink, a leading decentralized oracle network, experiences rivalry as Pyth's reported
46x growth in 2024, in terms of
real-time oil data feeds across over 80 blockchains. Additionally, crypto exchange
Coinbase has listed PYTH, further avowing the network's potential expansion. The network has also unveiled
Express Relay, which aims to reduce Miner Extractable Value (MEV) in DeFi, and collaborated with
Morpho and
Gauntlet on a DeFi lending makeover. The Pyth Network introduces
real-time bitcoin ETF data and brings several industry heavyweights into governance after airdrop, suggesting increased engagement and transparency within the ecosystem. Pyth offers notable promise for potential investors, with some analysts predicting a price hit of $2 by 2024.
PYTH Coin News Analytics from Wed, 22 Sep 2021 07:00:00 GMT to Wed, 26 Mar 2025 13:30:45 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -3
