Pyth Network has been on a rollercoaster ride recently with its price surging by
8.43% due to ecosystem upgrades and partnerships. However, the token took a hit following a token unlock but experts speculate whether it can bounce back. Amidst these changes,
Grayscale launched a Pyth investment fund, signifying the token's growing popularity. Pyth's price has been steadily rising, leading many to predict it will reach an all-time high by
2025. The network also announced the publishing of real-time prices for
100 Major ETFs. Token Unlocks are a major concern, with a mega
$298 million token unlock predicted to possibly depreciate the price to $0.1. In spite of the uncertainties, the Pyth Network's capability providing real-time oil data to over
80 blockchains is laudable. Another big move was
VanEck listing PYTH ETN in Europe. Noteworthy future developments include
real-time oil data feeds and an ambitious plan to reduce MEV in DeFi. The Pyth Network also partnered with
Revolut in a DeFi data sharing deal. Significant milestones include
Binance removing risk tags and offering a
Super Stake with Pyth, the launch of price feed data on Bitcoin layer 2
Merlin Chain, and
Robinhood expanding its crypto offerings with the Pyth Network token.
Grayscale also expanded its altcoin list to include PYTH trusts. Pyth's Path towards disruption with its high-speed oracles has many predicting a bright future.
PYTH Coin News Analytics from Wed, 22 Sep 2021 07:00:00 GMT to Wed, 09 Jul 2025 07:00:00 GMT -
Rating -1
- Innovation 5
- Information 7
- Rumor -3
