Pyth Network has recently surged in the crypto market, reaching milestones such as real-time pricing for 100 ETFs and triggering a bullish run in the market. Furthermore,
Grayscale has launched a Pyth investment fund, boosting the overall trust and interest in the token.
In 2025, Pyth is expected to experience a significant token unlock of about 58% of its supply, which could potentially lead to a temporary market crash due to over-supply. However, forecasts anticipate a potential high of $2 by 2030, which makes it an intriguing investment opportunity for crypto enthusiasts.
Considered a heavyweight in the Oracle Network, Pyth has challenged Chainlink's dominance, displaying significant growth despite market pressures. The recent partnership with Revolut enhances the Pyth network's usage and accessibility by offering real-time digital asset data. VanEck has also listed
PYTH ETN in Europe, signifying its potential market reach.
A potential Pyth Crypto ETF is on the horizon, following Grayscale's recent founding of a Pyth Trust. Facilities for staking Pyth tokens by 2025 are already being developed. Lastly, the Pyth Network has introduced innovative additions like real-time oil data feeds to multiple blockchains.
PYTH Coin News Analytics from Mon, 23 Aug 2021 07:00:00 GMT to Wed, 11 Jun 2025 06:44:27 GMT -
Rating -5
- Innovation 5
- Information 7
- Rumor -3
