Pyth Network has seen significant movement lately, with the coin's value increasing up to 75% after securing a partnership with the US government. This development has resulted in engagement among industry experts discussing future prospects, some speculating the possibilities of the coin surging 17 times its current value. The
partnership with Kalshi to bring real-time event data on-chain further strengthens Pyth's position in the market.
Investors are also tracking Pyth's token unlock activities; 58% of the token supply unlock raised several eyebrows. The debut close to a $500M valuation when 90,000 wallets received an airdrop underscores the market's confidence in Pyth. There has been a strong swing in sentiment for Pyth, given the price surges and high hopes for future performance.
Another big leap for Pyth was its collaboration with
Chainlink to deliver US economic data on the blockchain. The move led to a major contract from the US Government for both Pyth and Chainlink, emphasizing once again the importance and potential of blockchain technology.
Combining forces with other entities, e.g., Ozak AI, helped Pyth deliver real-time market data across different chains. New alternations, expansions, and partnerships, such as the one with
Sony, help showcase Pyth's steady growth momentum.
Despite the promising run, Pyth also experienced some hiccups with a price crash ahead of a $313 million token launch. However, with a focus on innovation and the technical feasibility of bringing real-time data on-chain, Pyth continues to prevail as a force to be reckoned with in the crypto space.
PYTH Coin News Analytics from Wed, 22 Sep 2021 07:00:00 GMT to Tue, 14 Oct 2025 07:00:00 GMT -
Rating 7
- Innovation 5
- Information 9
- Rumor 6
