What could affect the price of PYTH?
PYTH’s price is currently influenced by two main forces: growing interest from big institutions and the effects of token supply changes.
- Institutional Data Partnerships – Collaborations with U.S. government agencies to share economic data on the blockchain boost PYTH’s usefulness (positive).
- Token Unlock Risks – A large token release scheduled for May 2026 could put downward pressure on prices (negative).
- Oracle Competition – PYTH competes with Chainlink, with success depending on technology and adoption (mixed).
Deep Dive
1. Institutional Data Partnerships (Positive Impact)
Overview:
Pyth Network has teamed up with the U.S. Department of Commerce to publish important economic data like GDP and employment figures directly on the blockchain (Millionero). This move makes PYTH a key player in the growing market for programmable financial data, which is worth over $50 billion.
What this means:
This partnership could increase demand for PYTH tokens, as institutions might use them to pay for data or participate in governance decisions. It also supports Pyth’s approach of providing original, trusted data, which could speed up the blending of traditional finance and decentralized finance (DeFi).
2. Token Unlock Risks (Negative Impact)
Overview:
In May 2026, $333 million worth of PYTH tokens (about 58% of the tokens currently available) will become available for trading. A similar event in May 2025 caused prices to drop by 21% in just one week (CoinMarketCap).
What this means:
When large amounts of tokens are unlocked, it often leads to selling pressure as holders cash out, which can lower the price. While staking (locking up tokens to earn rewards) might reduce some selling, if demand isn’t strong enough, prices could stay weak after the unlock.
3. Oracle Market Competition (Mixed Impact)
Overview:
Pyth offers over 1,900 price feeds with updates every 400 milliseconds, challenging Chainlink’s leading position. Its “pull-oracle” design helps reduce transaction costs, but Chainlink’s larger network and cross-chain capabilities remain a strong competitor (CMC Analysis).
What this means:
Pyth’s focus on fast, reliable data for financial products like derivatives and real-world assets could help it find a unique market. However, slower adoption outside of platforms like Solana and Ethereum might limit its growth potential.
Conclusion
PYTH’s outlook over the next few years depends on managing the impact of large token unlocks while growing real-world use cases like on-chain economic data. Institutional partnerships offer exciting growth opportunities, but the May 2026 token unlock poses a significant risk.
Watch: Will Pyth’s decentralized organization (DAO) introduce tokenomics strategies, such as token burning, to reduce selling pressure from future unlocks?
What are people saying about PYTH?
Pyth Network’s data feeds are gaining attention as big institutions start using them. Here’s what’s happening:
- U.S. government partnership buzz – On-chain GDP data helped push prices up over 100%.
- Institutional growth – Pyth is aiming at the $50 billion market data industry.
- Price debate – Traders are divided on whether the recent gains will last.
Deep Dive
1. @GACryptoO: U.S. Commerce Department partnership boosts PYTH price
"🚀 $PYTH jumps 70% after being selected [...] Hoping PYTH hits $1.15 again and sets a new all-time high"
– @GACryptoO (4.2K followers · 12K impressions · 2025-08-29 06:52 UTC)
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What this means: This is positive news for PYTH because working with the government shows trust in its technology. This attracts big investors. The $1.15 price target shows confidence that PYTH can reach its 2024 peak again.
2. @Cipher2X: Phase Two aims at $50 billion market data industry
"Launching a subscription service for professional-grade data feeds [...] $PYTH powers incentives, governance, and revenue sharing."
– @Cipher2X (18K followers · 23K impressions · 2025-09-04 15:51 UTC)
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What this means: This is good for PYTH as it expands beyond decentralized finance (DeFi) into traditional finance (TradFi). This could create steady income. Analysts see PYTH’s $1.1 billion fully diluted valuation (FDV) as small compared to Chainlink’s $23 billion, signaling room for growth.
3. CryptoFrontNews: Price chart shows mixed signals
"PYTH is stuck in a downward trend [...] MACD and RSI indicators on 4-hour charts remain bearish."
– CryptoPatel via CryptoFrontNews (August 4, 2025)
View analysis
What this means: The price is showing mixed signs. Between $0.081 and $0.13, buyers are accumulating, but if PYTH can’t break above $0.135, it might fall back to $0.10. Traders are waiting for clear signs that the trend is changing.
Conclusion
Overall, the outlook for PYTH is mostly positive, driven by growing use from institutions and real-world data applications. However, technical indicators suggest there could be short-term ups and downs. Keep an eye on the $0.135 resistance level—if PYTH breaks through and holds above it, the price could move up toward $0.20.
What is the latest news about PYTH?
Pyth Network is gaining momentum by partnering with major institutions while managing the ups and downs of the crypto market. Here’s the latest update:
- U.S. GDP On-Chain (August 28, 2025) – Collaborated with Chainlink to publish official U.S. economic data across 9 different blockchains.
- bitcastle Listing (September 3, 2025) – Launched PYTH/USDT trading on bitcastle, making it easier for everyday investors to trade.
- Trump Crypto Expansion (September 1, 2025) – Integrated with the USD1 stablecoin to provide price data for Trump-related meme coins.
Deep Dive
1. U.S. GDP On-Chain (August 28, 2025)
What happened:
The U.S. Department of Commerce started sharing quarterly GDP data directly on blockchain networks using Pyth Network and Chainlink. This is the first time a federal agency has used blockchain technology to publish official economic information. The data is secured on major blockchains like Bitcoin, Ethereum, and Solana, with exchanges like Coinbase and Kraken helping distribute it.
Why it matters:
This move shows that Pyth Network’s technology is trusted for handling important, institutional-level data. It could open up a market worth over $50 billion for regulated financial data feeds. However, Pyth faces competition from Chainlink, and it’s still unclear how they will make money from publicly available data. (Weex)
2. bitcastle Listing (September 3, 2025)
What happened:
Pyth Network was listed on bitcastle with a trading pair of PYTH/USDT based on the Solana blockchain. This listing highlights Pyth’s role in decentralized finance (DeFi) by providing real-time price information. After the listing, trading volume jumped 97% to $207 million, even though the price dropped 18% over the week.
Why it matters:
The new listing improves how easily PYTH can be bought and sold, but it comes during a time when many alternative cryptocurrencies are struggling. Technical analysis shows the price is facing resistance around $0.17 (currently $0.167), and indicators suggest the price may stabilize before moving again. (bitcastle)
3. Trump Crypto Expansion (September 1, 2025)
What happened:
Pyth Network became a key data provider for Trump-related meme coins like TRUMP and the USD1 stablecoin. It supplies real-time price feeds for decentralized finance projects running on the Cronos and Berachain blockchains.
Why it matters:
This development is somewhat positive but comes with risks. While it connects Pyth to a niche market with high volatility, the Trump crypto sector has a market value of $2.7 billion, offering growth potential. Watching how the USD1 stablecoin expands across different blockchains (up 123% in the last 30 days) will be important. (Bitget)
Conclusion
Pyth Network is successfully linking traditional finance with decentralized finance by partnering with government agencies and exploring new crypto markets. With PYTH still trading 85% below its all-time high, the big question is whether its shift toward subscription-based services for institutional clients can spark renewed interest and growth.
What is expected in the development of PYTH?
Pyth Network’s roadmap is focused on growing its use among institutions and expanding its ecosystem:
- Institutional Data Subscriptions (Q4 2025) – Launching premium market data feeds for traditional finance clients.
- Governance Activation (2025-2026) – Enabling community votes on token use and revenue sharing.
- AI/DeFi Integration (Ongoing) – Providing real-time data for AI-powered trading platforms.
- Prediction Market AMA (Sept 17, 2025) – Discussing new applications with partners.
Deep Dive
1. Institutional Data Subscriptions (Q4 2025)
Overview: Pyth is introducing a subscription service offering high-quality market data aimed at the $50 billion+ financial data market (Cipher2X). This includes important economic indicators like GDP and employment figures, as well as ETF prices. This follows their partnership with the U.S. Department of Commerce in August 2025.
What this means: This is positive for PYTH because it opens new revenue opportunities beyond decentralized finance (DeFi). Institutions will pay using stablecoins or PYTH tokens. However, Pyth faces competition from established players like Chainlink and potential regulatory challenges.
2. Governance Activation (2025-2026)
Overview: The decentralized autonomous organization (DAO) will hold votes on how to use PYTH tokens for subscription payments, how to share revenue with token holders, and how to set protocol fees (the_smart_ape).
What this means: This is cautiously optimistic. If governance works well, it could increase the token’s usefulness. But complex voting processes might slow down important decisions.
3. AI/DeFi Integration (Ongoing)
Overview: Pyth supports AI-driven DeFi platforms like Limitless and Foxify, which rely on fast, real-time data for predictive trading and derivatives (Pyth Network).
What this means: This is a positive sign for adoption since AI trading systems need quick and reliable data. Still, technical challenges remain in scaling data feeds across different blockchains.
4. Prediction Market AMA (Sept 17, 2025)
Overview: An Ask Me Anything (AMA) event with Limitless will explore how Pyth can be used in on-chain prediction markets, potentially creating new demand for its data (Toobbss).
What this means: This is neutral for now. It could generate short-term interest, but success depends on how well the products perform.
Conclusion
Pyth is evolving from a DeFi-focused oracle into a broader data platform serving multiple industries, with institutional adoption and AI integration as key growth areas. Keep an eye on DAO voting outcomes after the AMA and how well the subscription model is adopted. Will PYTH’s combined traditional finance and DeFi approach outperform established data providers?
What updates are there in the PYTH code base?
Pyth Network's development is active, with recent updates improving its technology and expanding its ecosystem.
- Sui SDK Launch (September 20, 2025) – Released the Lazer Sui SDK to make it easier to integrate data across different blockchains.
- Anchor Lang Upgrade (September 20, 2025) – Improved the Solana receiver SDK to boost smart contract security.
- Entropy V2 Integration (September 20, 2025) – Enhanced the on-chain randomness engine to support more decentralized finance (DeFi) applications.
Deep Dive
1. Sui SDK Launch (September 20, 2025)
Overview: Pyth introduced the Lazer Sui SDK, which simplifies how developers bring real-time price data into applications built on the Sui blockchain. This helps connect Pyth’s data across multiple blockchains more smoothly.
Developers can now access Pyth’s high-quality market data—covering cryptocurrencies and stocks—directly on Sui. This reduces delays, which is especially important for financial apps like derivatives and prediction markets. This update supports Pyth’s goal of working with over 100 blockchains.
What this means: This is a positive development for PYTH because it strengthens its position as a leading cross-chain oracle. It could attract more projects on Sui and increase demand for Pyth’s data services.
2. Anchor Lang Upgrade (September 20, 2025)
Overview: The Solana receiver SDK was upgraded to Anchor 0.31.1, which improves the security of smart contracts that use Pyth’s price data.
This update fixes security issues found in older versions and makes on-chain data verification more efficient. This is important for DeFi platforms like lending services and perpetual futures exchanges that rely on accurate pricing.
What this means: This update is neutral for PYTH since it’s routine maintenance, but it helps keep the network reliable—a key factor for attracting institutional users.
3. Entropy V2 Integration (September 20, 2025)
Overview: Recent updates improved the documentation and developer tools for Entropy V2, Pyth’s on-chain randomness engine. These changes allow developers to set custom gas limits and handle errors more clearly.
Entropy V2, launched in July 2025, provides secure, tamper-proof randomness for applications like NFT minting and blockchain gaming. The latest improvements make it easier for developers to integrate.
What this means: This is a positive sign for PYTH because better tools could increase adoption in Web3 gaming and decentralized lotteries, expanding Pyth’s use beyond just price data.
Conclusion
Pyth Network’s recent updates focus on expanding cross-chain capabilities, enhancing security, and improving the developer experience. These are important steps for its next phase targeting institutional users. With real-time data now available on Sui and growing interest in Entropy V2, PYTH’s recent 104% price increase over 90 days could continue as adoption grows.
Why did the price of PYTH fall?
Pyth Network (PYTH) dropped 3.68% in the last 24 hours, underperforming the overall crypto market, which was nearly flat (+0.09%). This decline is mainly due to investors taking profits after recent positive news about institutional partnerships, hitting technical resistance points, and mixed activity on the blockchain.
- Profit-taking after recent gains – PYTH is still up 42% over the past 30 days following news of a partnership with the U.S. Commerce Department.
- Technical resistance – The price hit a key level at $0.1695 and was pushed back, with technical indicators showing bearish signals.
- Lower trading volume – Trading activity dropped by 23%, which means less liquidity in the market.
In-Depth Analysis
1. Profit-Taking After Strategic Wins (Mixed Impact)
Overview:
PYTH saw a big jump of 91% in late August after being chosen as one of two oracles to deliver U.S. economic data on the blockchain (Bitget). Although the token is still up 42% over the last month, some traders are cashing out as the price nears important resistance levels.
What this means:
The partnership with the U.S. Commerce Department confirms PYTH’s value for institutional use, but it also led to an overbought situation—meaning the price rose too quickly. Since PYTH is still 85% below its all-time high of $1.15 set earlier in 2024, sellers might be waiting for clearer updates on how the token will benefit from expanding into the $50 billion institutional data market.
What to watch:
Look for proposals from the DAO (decentralized autonomous organization) explaining how PYTH’s token economics will change to capture value from this growing market.
2. Technical Resistance at Key Levels (Bearish Impact)
Overview:
The 7-day simple moving average (SMA) at $0.1672 and a pivot point at $0.1695 acted as barriers, stopping the price from moving higher. The MACD indicator, which helps identify momentum, turned negative.
What this means:
- PYTH’s price closed below the 7-day SMA for the first time since September 14.
- A bearish divergence appeared because the Relative Strength Index (RSI) at 51 didn’t confirm the recent price highs.
- The next support levels to watch are the 30-day SMA at $0.1623 and the Fibonacci retracement level at $0.1621.
3. Liquidity Decline Increases Volatility (Neutral Impact)
Overview:
Trading volume over 24 hours dropped 23% to $62.4 million, and open interest in derivatives fell 7.6%, indicating less speculative trading.
What this means:
Lower liquidity means that price moves can be more volatile. PYTH’s turnover ratio (trading volume divided by market cap) is 0.066, which is higher than 72% of the top 100 cryptocurrencies but below its 90-day average of 0.11.
Conclusion
PYTH’s recent price drop is a normal part of market consolidation after a strong rally driven by solid fundamentals. This pullback is also influenced by technical resistance and a general tightening of liquidity in the crypto sector. While the story of institutional adoption remains strong, traders are waiting for clear updates on how PYTH will increase its real-world utility to justify holding through price swings.
Key level to watch: Can PYTH maintain support at the 30-day SMA ($0.1623)? If it falls below this, the next test could be the psychologically important $0.16 mark.