What could affect the price of PYTH?

Pyth Network carefully balances growing interest from big financial institutions with the risks tied to its token supply.

1. Strong Institutional Partnerships – Working with the U.S. Department of Commerce boosts adoption.
2. Oracle Competition – Pyth’s efficient data delivery competes with Chainlink’s widespread use.
3. Token Supply Increases – Over half of PYTH tokens will enter circulation by May 2026, which could affect price.

Deep Dive

1. Institutional Data Adoption (Positive Outlook)

Overview: In August 2025, Pyth Network teamed up with the U.S. Department of Commerce to share important economic data like GDP, employment, and inflation directly on the blockchain. This is a big step, making PYTH a key player in combining traditional finance with decentralized finance (DeFi). The network also expanded to include Hong Kong stock data in July 2025 and plans to offer subscription services for risk analysis.

What this means: If Pyth captures just 1% of the $50 billion financial data market, it could earn around $500 million annually (Bitget). PYTH’s “pull-oracle” design means users only pay for the data they request, which is cheaper and more efficient—especially important as more assets become tokenized.

2. Oracle Competition Heats Up (Mixed Outlook)

Overview: Pyth updates its data every 400 milliseconds using direct sources, while Chainlink relies on aggregating data from third parties. Pyth leads in derivatives market oracles with a 60% share, but Chainlink remains more widely used across the broader blockchain ecosystem.

What this means: PYTH’s faster data updates (CoinMarketCap) could attract specialized DeFi projects, but Chainlink’s established presence limits how much PYTH can grow. However, PYTH’s support for over 100 blockchains helps reduce this risk by reaching more users.

3. Token Unlocks Could Pressure Price (Caution Advised)

Overview: In May 2025, 2.13 billion PYTH tokens (worth about $313 million) were released, causing the price to drop 21%. Another 22% of the total supply is set to unlock in May 2026.

What this means: Early investors and team members might sell their tokens after the unlock, which could cause price swings similar to May 2025. On the bright side, about 15.89% of tokens are staked (locked up), and the community’s decentralized organization (DAO) may buy back tokens to help stabilize the price.

Conclusion

PYTH’s future price depends on how well it can grow institutional use while managing token releases. Partnerships with the U.S. government and expansion into Hong Kong show strong technology validation, but the large token unlock in May 2026 remains a challenge. Keep an eye on PYTH’s Total Value Secured (currently $20.9 billion, up 29% month-over-month)—this will show if the network can keep growing even as more tokens enter circulation.

What are people saying about PYTH?

Pyth Network’s buzz is a mix of big institutional interest and some cautious technical signals. Here’s the quick rundown:

1. Institutional adoption – Partnership with U.S. GDP data on-chain sparked a 100% price rally
2. Phase 2 expansion – Aiming to tap into the $50 billion+ market data industry with new token features
3. Bearish unlocks – A $313 million token unlock in May 2025 caused volatility, but many expect a rebound

Deep Dive

1. @the_smart_ape: Institutional adoption accelerator bullish

"Pyth’s Phase 2 targets a $50 billion market data sector – capturing just 1% equals $500 million in yearly revenue. Collaboration with the U.S. Commerce Department suggests regulatory approval."
– @the_smart_ape (283K followers · 1.2M impressions · 2025-09-05 07:59 UTC)
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What this means: This is positive for PYTH because institutional revenue streams like subscriptions and token buybacks could increase demand for the token. Especially when you compare Pyth’s $1.1 billion fully diluted valuation (FDV) to Chainlink’s $23 billion.

2. @GACryptoO: Post-unlock rebound hopes mixed

"Hope PYTH reclaims $1.15 all-time high! Staked bags ready 🚀"
– @GACryptoO (89K followers · 450K impressions · 2025-08-29 06:52 UTC)
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What this means: Neutral to slightly bullish – The May 2025 token unlock caused a 21% drop in one week, but traders are watching the $0.12-$0.13 price range as a possible buying opportunity.

3. CoinMarketCap Analysis: Technical headwinds bearish

"RSI at 43.5 and falling, all moving averages signal sell. Next support: $0.1134 if $0.15 breaks."
– Tokenomist report cited (May 19, 2025)
What this means: Short-term outlook is bearish based on technical indicators, though some see the recent sell-off as a potential bottom.

Conclusion

The overall view on PYTH is bullish but cautious. Strong institutional interest and Phase 2 growth plans are positive, but token unlocks and mixed technical signals create uncertainty. Keep an eye on upcoming DAO proposals about token utility expected in Q4 2025, and whether PYTH can hold above $0.16—a key level that turned from resistance into support after the recent rally.

In the bigger picture, the real competition isn’t just between Chainlink and Pyth Network—it’s about breaking TradFi’s data monopolies with blockchain’s promise of transparency.

What is the latest news about PYTH?

Pyth Network is gaining momentum as more institutions adopt its technology, strengthening its position as a leading oracle provider. Here are the key updates:

1. Partnership with U.S. Commerce Department (August 28, 2025) – PYTH was chosen to verify and distribute GDP data on blockchain, causing its price to double.
2. Listing on Bitcastle Exchange (September 3, 2025) – PYTH/USDT trading launched, improving liquidity.
3. Expansion into Institutional Data (September 5, 2025) – Phase 2 aims at the $50 billion+ market data industry.

In-Depth Look

1. Partnership with U.S. Commerce Department (August 28, 2025)

What happened:
The U.S. Department of Commerce teamed up with Pyth Network and Chainlink to publish real-time economic data—like GDP, employment, and inflation—directly on blockchains. This project, part of the Deploying American Blockchains Act, aims to cut data verification costs by 70% using Pyth’s pull-oracle technology.

Why it matters:
This partnership is a big win for PYTH because it proves its technology works for large institutions, opening new revenue opportunities beyond decentralized finance (DeFi). For example, investment products like VanEck’s PYTH-based ETN and Grayscale’s trust have already attracted $1.2 billion in assets since early 2025. However, working closely with government agencies also means PYTH faces regulatory risks.
(BlockBeats)

2. Listing on Bitcastle Exchange (September 3, 2025)

What happened:
Bitcastle Exchange added PYTH/USDT trading pairs, allowing users to deposit, withdraw, and trade PYTH tokens on Solana. Bitcastle highlighted Pyth’s network of over 380 fast price feeds and more than $1 billion secured across 40+ blockchains.

Why it matters:
This listing makes PYTH more accessible, especially in Asian markets, and helps improve liquidity. Bitcastle has over 4 million users, and trading volume for PYTH jumped 97% after the announcement. Still, PYTH faces strong competition from Chainlink.
(bitcastle)

3. Expansion into Institutional Data (September 5, 2025)

What happened:
Pyth Network announced Phase 2 of its growth plan, targeting the institutional market data sector worth over $50 billion. This phase includes subscription-based risk models, settlement systems, and tools to meet regulatory requirements. The community-run DAO will decide how PYTH tokens are used for payments and revenue sharing.

Why it matters:
This move could broaden PYTH’s applications beyond DeFi. Analysts estimate that if Pyth captures just 1% of this market, it could generate $500 million in annual revenue. However, there are risks in competing with established players like Bloomberg and Refinitiv.
(@the_smart_ape)

Conclusion

Pyth Network is evolving from a DeFi oracle into a trusted provider of institutional-grade data, supported by government partnerships and strategic exchange listings. While the price has risen 70% year-to-date, investors should watch how DAO governance decisions unfold and how PYTH competes in the enterprise data market. Will PYTH continue to grow as economic data becomes a programmable asset?

What is expected in the development of PYTH?

Pyth Network’s roadmap is focused on growing its use among big financial institutions and expanding the types of data it offers.

1. Institutional Subscription Launch (Q4 2025) – Offering premium data services to traditional finance clients.
2. Asian Market Expansion (Q1 2026) – Adding real-time stock data from Japan and South Korea.
3. Governance Overhaul (Q4 2025) – Introducing PYTH token staking for sharing fees and improving the network.

Deep Dive

1. Institutional Subscription Launch (Q4 2025)

Overview:
Pyth is creating a subscription service for large financial firms to access advanced data like market volatility, order book details, and risk models that meet regulatory standards (Cipher2X). This targets the $50 billion financial data market, with early support from firms like Jump Trading and Jane Street.

What this means:
This is positive for PYTH because it opens new revenue streams beyond decentralized finance (DeFi). If Pyth captures just 1% of this market, it could generate over $500 million in yearly recurring revenue. The main risk is that traditional finance firms may adopt the service more slowly than expected.

2. Asian Market Expansion (Q1 2026)

Overview:
After launching Hong Kong stock data in July 2025, Pyth plans to add stock information from Japan and South Korea, covering markets worth over $7 trillion. The network is working with Asian exchanges like Osaka Digital Exchange to provide fast, real-time updates (Cointelegraph).

What this means:
This move is somewhat positive, as expanding into Asia could boost decentralized finance products based on these markets. However, regulatory challenges in these countries could slow progress. Success depends on strong partnerships with local financial institutions and meeting compliance rules.

3. Governance Overhaul (Q4 2025)

Overview:
The Pyth decentralized autonomous organization (DAO) will vote on changes to how PYTH tokens are used. This includes allowing token holders to stake PYTH for a share of fees from institutional subscriptions and setting penalties for data providers who don’t meet standards (the_smart_ape).

What this means:
If done well, this is good news because staking could reduce the number of tokens available on the market and encourage better network participation. However, the governance process might be complicated and could delay these improvements.

Conclusion

Pyth Network’s roadmap aims to balance innovation in decentralized finance with products tailored for traditional financial institutions. Its early lead in providing fast, reliable data is a strong advantage. While new subscription services and Asian market growth offer promising opportunities, there are risks related to execution and regulatory compliance. The key question is how quickly PYTH’s DAO can adapt to meet the needs of both decentralized and traditional finance sectors.

What updates are there in the PYTH code base?

Pyth Network's development team is actively improving their platform, focusing on connecting different blockchains and providing better tools for developers.

1. Entropy V2 Upgrade (July 31, 2025) – Improved the system that generates random numbers on the blockchain, making it faster and more reliable.
2. Solana SDK Anchor Upgrade (September 15, 2025) – Updated a key software tool to enhance security for projects using Solana blockchain.

Deep Dive

1. Entropy V2 Upgrade (July 31, 2025)

Overview:
Pyth Network enhanced its on-chain randomness engine called Entropy. This upgrade helps developers create applications like games and prediction markets that require fair and unpredictable random numbers.

Key improvements include:

• Custom gas limits: Allows smart contracts to handle more complex tasks without running out of processing power.
• Clearer error messages: Makes it easier for developers to find and fix problems.
• A new keeper network: Speeds up the process of generating random numbers, reducing delays.

What this means:
This upgrade is positive for PYTH because it strengthens the platform’s foundation for decentralized finance (DeFi) and gaming apps. Developers can now build more advanced applications that rely on trustworthy randomness, which is essential for fairness in Web3 games.
(Source)

2. Solana SDK Anchor Upgrade (September 15, 2025)

Overview:
The pyth-solana-receiver-sdk was updated to use Anchor version 0.31.1. Anchor is a popular framework for building smart contracts on the Solana blockchain. This update improves security and ensures better compatibility.

What this means:
This is a routine maintenance update for PYTH, so it doesn’t have a big impact on the coin’s value. However, it shows Pyth’s ongoing commitment to supporting the Solana ecosystem. Projects that use Pyth’s Solana price feeds will benefit from fewer security risks and smoother operation.
(GitHub Activity)

Conclusion

Pyth Network is focusing on both expanding its capabilities with the Entropy V2 upgrade and keeping its cross-chain infrastructure strong with routine maintenance. As more institutions adopt blockchain technology, these improvements could help PYTH play a bigger role in connecting traditional finance (TradFi) with decentralized finance (DeFi) data.

Why did the price of PYTH go up?

Pyth Network (PYTH) increased by 3.74% in the past 24 hours, outperforming the overall crypto market, which rose by 1.28%. This growth is driven by growing interest from institutions, positive technical signals, and new exchange listings.

1. Institutional Partnerships – Collaboration with the U.S. Department of Commerce boosts demand.
2. Technical Recovery – Price remains stable above important moving averages.
3. Exchange Listings – New trading options on platforms like Bitcastle increase liquidity.

Deep Dive

1. Institutional Adoption Growth (Positive Outlook)

Overview:
PYTH’s partnership with the U.S. Department of Commerce to publish GDP and economic data directly on the blockchain (August 28) is a strong positive factor. This move positions PYTH as an important tool for programmable finance, attracting more institutional users.

What this means:
As PYTH’s data feeds become part of regulated financial products, demand for the token increases. For example, investment products like VanEck’s PYTH-based ETN and Grayscale’s Pyth Network Trust have gathered $1.2 billion in assets since early 2025. The token’s usefulness expands with potential revenue-sharing from subscriptions, encouraging holders to keep their tokens.

What to watch:
Look for updates on Phase 2 of PYTH’s roadmap, including institutional-grade subscription services, expected by the end of 2025.

2. Technical Recovery Signals (Mixed Outlook)

Overview:
PYTH is currently trading at $0.164, which is above its 30-day simple moving average (SMA) of $0.154 but below its 7-day SMA of $0.171. The Relative Strength Index (RSI) at 51.37 indicates neutral momentum, while the MACD shows a slight bearish signal.

What this means:
Short-term traders may see the price holding above $0.16 as a sign of stability after recent ups and downs. However, resistance near $0.195 (the 38.2% Fibonacci retracement level) could limit further gains unless new positive developments occur.

3. Increased Liquidity from Exchange Listings (Positive Outlook)

Overview:
On September 3, 2025, Bitcastle added PYTH to its platform with the PYTH/USDT trading pair. This follows PYTH’s integration into Solana-based decentralized finance (DeFi) platforms like Kamino and Jupiter, making it easier to trade.

What this means:
New exchange listings generally improve liquidity and reduce price slippage, which attracts algorithmic and active traders. PYTH’s 24-hour trading volume is currently $72 million, which is 65% lower than its peak of $207 million on August 29, indicating potential for volume growth.

Conclusion

PYTH’s recent price increase reflects a combination of growing institutional trust, technical stability, and better liquidity. While partnerships with government agencies support long-term value, traders should watch the $0.195 resistance level and overall altcoin market trends.

Key point to watch: Can PYTH maintain its position above the 30-day SMA ($0.154) as derivatives open interest rises by 4.8% in the last 24 hours?