Why did the price of PYTH go up?
Pyth Network (PYTH) increased by 2.34% in the last 24 hours, doing better than its 7-day gain of 3.35%, but still behind its impressive 60-day growth of 24%. This rise is driven by positive technical signals, important partnerships, and growing interest from large financial institutions.
- Positive Technical Signals – MACD indicator shows bullish momentum and strong support levels
- Partnerships with Government – Collaboration with the U.S. Department of Commerce
- DeFi Platform Integrations – Moonlander uses Pyth for high-leverage trading
Deep Dive
1. Technical Momentum (Positive Outlook)
Overview: PYTH’s current price ($0.162) is above its 7-day average price ($0.159) and its 200-day average ($0.136). The MACD indicator shows a bullish crossover, suggesting upward momentum. The RSI value of 50.3 indicates a balanced market with potential for growth.
What this means: The MACD crossover signals short-term buying strength, while the 200-day average price acts as a strong support level, showing a long-term upward trend. If PYTH’s price breaks above the 23.6% Fibonacci retracement level at $0.175, it could reach $0.186, a previous high point.
What to watch: Look for PYTH to stay above $0.165 to confirm continued upward movement.
2. Institutional Validation (Positive Outlook)
Overview: In August 2025, the U.S. Department of Commerce chose Pyth Network to verify and share GDP data on the blockchain, a move that has boosted confidence in PYTH. You can read more about this partnership here.
What this means: This partnership positions PYTH as a key player in connecting traditional finance (TradFi) with decentralized finance (DeFi). It increases demand for PYTH’s data services and governance token, while also showing its value beyond just the crypto market.
3. DeFi Product Launches (Mixed Outlook)
Overview: Moonlander, a decentralized exchange on the Cronos blockchain, integrated Pyth’s data oracles on September 22 to support its high-leverage trading markets (up to 1,000x leverage). More details are available here.
What this means: While this integration increases PYTH’s usage, high-leverage trading platforms like Moonlander carry higher risks. If market prices move sharply, liquidations could challenge Pyth’s data accuracy and reliability.
Conclusion
PYTH’s recent gains reflect strong technical signals, growing institutional trust, and targeted adoption in DeFi. However, its reliance on speculative trading platforms adds some risk. Key point to watch: Can PYTH maintain support at $0.16 if Bitcoin’s dominance (currently 58.25%) keeps rising and investors shift away from altcoins?
What could affect the price of PYTH?
PYTH’s price depends on how much institutions adopt it, changes in its token supply, and overall market feelings.
- Institutional Data Growth – Phase 2 aims at the $50 billion+ market data industry, which could increase revenue.
- Token Unlock Risks – 58% of PYTH tokens will become available by May 2026, which might lead to selling pressure.
- Regulatory Support – A partnership with the U.S. Commerce Department confirms PYTH’s role in providing on-chain economic data.
Deep Dive
1. Institutional Adoption & Phase 2 (Positive Outlook)
Overview:
Pyth Network is moving beyond decentralized finance (DeFi) to serve institutional clients by offering subscription-based data feeds for risk management, accounting, and regulations. The U.S. Commerce Department chose PYTH to publish important economic data like GDP and employment figures on the blockchain (U.S. Commerce Dept.). This could help PYTH capture about 1% of the $50 billion+ market data industry, roughly $500 million.
What this means:
Institutions may use PYTH tokens to pay for these data subscriptions, which could generate revenue for the network. This revenue might be used for token buybacks or rewards for token holders. PYTH’s price has already jumped nearly 49% in the last 90 days (as of October 2025), showing optimism about its integration with real-world assets.
2. Token Unlocks & Supply Changes (Potential Downside)
Overview:
In May 2025, a large token unlock will release 2.13 billion PYTH tokens, equal to 58% of the circulating supply, with more unlocks planned for 2026 and 2027. Historically, big unlocks like this cause price swings—PYTH’s price dropped 21% before the May 2025 unlock (CryptoSlate).
What this means:
More tokens entering the market could push prices down if demand doesn’t keep up. However, after past unlocks, prices have bounced back once uncertainty faded, which might offer good buying opportunities.
3. Regulatory Partnerships & Market Sentiment (Mixed Effects)
Overview:
Working with the U.S. government boosts PYTH’s credibility but also ties its success to government policies. Competitors like Chainlink still lead in general oracle services, but PYTH dominates in derivatives data (60% market share) and fast data feeds.
What this means:
Government support could attract more institutional investors. Still, PYTH depends on Solana’s blockchain and centralized data providers like Jane Street and Cboe, which could be risky if political issues disrupt these partnerships.
Conclusion
PYTH’s price will likely depend on how well it can capitalize on institutional demand for data while managing the impact of large token unlocks. The U.S. government partnership and real-world asset integrations offer growth potential, but supply increases and competition from Chainlink may limit gains.
Watch: Can PYTH keep up its recent 24% rally over the past 60 days, especially as the altcoin market cools down (altcoin season index dropping from 62 to 54)?
What are people saying about PYTH?
Pyth Network (PYTH) is making waves with traders, attracting big investors, and gaining support from the U.S. government. Here’s what’s happening right now:
- U.S. GDP partnership sparked a 70% jump in price
- Institutions are taking notice, aiming at a $50 billion market for financial data
- Technical analysis suggests a possible rise to $0.85 if key resistance holds
- Token unlocks could create selling pressure despite positive momentum
Deep Dive
1. U.S. GDP Partnership Sparks Rally 🚀
According to @GACryptoO, PYTH’s price surged 70% after being selected for a U.S. government project involving GDP data.
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What this means: This is a strong positive sign for PYTH. Government use of its data technology shows trust and could bring more big investors. This partnership may increase long-term demand for PYTH’s data services.
2. Institutional Market Opportunity 💼
@the_smart_ape highlights that Pyth aims to capture just 1% of the $50 billion institutional market for financial data, which could mean $500 million in annual revenue.
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What this means: Expanding beyond decentralized finance (DeFi) into traditional finance (TradFi) data could greatly increase PYTH’s usefulness and value, especially through subscription services and revenue sharing.
3. Technical Breakout Signals Potential 📈
@cuongtran2024 notes that PYTH broke out of a weekly downtrend, with a current support level at $0.167 and potential targets up to $0.855.
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What this means: This is cautiously optimistic. The price held above $0.167, but reaching $0.855 would require strong ongoing buying and growth in the PYTH ecosystem.
4. Token Unlocks Could Pressure Price ⚠️
CoinMarketCap warns that 5.66 billion PYTH tokens (worth about $333 million) will unlock in May 2026. Past unlocks have led to price drops of up to 76%.
View article
What this means: This could cause selling pressure and price declines. Only 36% of PYTH’s total 10 billion tokens are currently in circulation, so new tokens entering the market may dilute value.
Conclusion
The outlook for PYTH is positive but cautious. The U.S. government deal and plans to enter the large institutional data market are promising. However, the token has dropped 72% from its all-time high, and upcoming token unlocks could create selling pressure. Watch the $0.195 price level closely—breaking above it could confirm an uptrend, while failing to hold it might lead to a pullback toward $0.167. Compared to Chainlink, PYTH is trading at a fraction of its fully diluted value, so its future depends on turning partnerships into real revenue.
What is the latest news about PYTH?
Pyth Network is gaining momentum thanks to growing institutional support and important technology updates. Here’s what’s driving the action:
- U.S. Government Onchain Data (August 28, 2025) – PYTH’s price jumps 70% after becoming the official source for U.S. economic data on blockchains.
- Phase 2 Launch (September 5, 2025) – Aims to tap into the $50 billion institutional data market with a new subscription service.
- Moonlander Integration (September 22, 2025) – Crypto.com’s Moonlander platform uses PYTH’s data feeds for high-leverage trading on Cronos blockchain.
In-Depth Look
1. U.S. Government Onchain Data (August 28, 2025)
What happened: The U.S. Department of Commerce teamed up with Pyth Network to publish key economic indicators like GDP, inflation, and employment data across nine different blockchains. They started by sharing five years of historical GDP data, with plans to add real-time updates soon.
Why it matters: This is a big vote of confidence for PYTH. Having the government use its technology shows that PYTH’s data oracles are reliable and opens up new revenue opportunities by distributing public sector data. It also positions PYTH as an important part of systems that combine traditional finance (TradFi) with decentralized finance (DeFi). (CoinTelegraph)
2. Phase 2 Launch (September 5, 2025)
What happened: Pyth announced plans to capture a slice of the $50 billion institutional market data industry by offering premium subscriptions. These services will support risk management, settlement systems, and regulatory-compliant data feeds.
Why it matters: This move could greatly expand PYTH’s market beyond just DeFi, potentially increasing its addressable market tenfold. However, success depends on how well the decentralized autonomous organization (DAO) behind PYTH balances the needs of data publishers and institutional clients. The plan hints that PYTH could evolve into a business-to-business (B2B) software-as-a-service (SaaS) provider. (The Smart Ape)
3. Moonlander Integration (September 22, 2025)
What happened: Moonlander, a decentralized exchange (DEX) backed by Crypto.com, integrated PYTH’s price feeds for its perpetual contracts platform on the Cronos blockchain. This platform offers up to 1000x leverage and benefits from PYTH’s fast and manipulation-resistant data.
Why it matters: This partnership could significantly increase PYTH’s usage fees because Moonlander handled $2 billion in trading volume even before its official launch. However, PYTH’s growth here depends on how well the Cronos blockchain competes with other ecosystems like Solana. (Finbold)
Conclusion
With government backing, a strategic shift toward institutional clients, and expanding use in DeFi, PYTH is establishing itself as a key data provider for Web3. While its price is currently stabilizing around $0.16 (current price: $0.162), the big question is whether PYTH can take significant market share from established players like Bloomberg and Refinitiv while staying decentralized. Keep an eye on enterprise adoption numbers in the last quarter of 2025.
What is expected in the development of PYTH?
Pyth Network’s roadmap is focused on growing its institutional user base, expanding the variety of data it offers, and improving how its community governs the network.
- Institutional Subscription Launch (Q4 2025) – Introducing premium data feeds designed for traditional financial institutions.
- Asian Market Expansion (2026) – Providing real-time stock market data for major Asian markets valued over $5 trillion.
- On-Chain Economic Data (Ongoing) – Publishing U.S. economic indicators like GDP and inflation through a partnership with the government.
- Governance Upgrades (2026) – Updating staking rewards and fee policies through community voting.
Deep Dive
1. Institutional Subscription Launch (Q4 2025)
Overview: Pyth is creating a subscription service aimed at large financial institutions, offering high-quality, fast data feeds. This targets the $50 billion market data industry and includes pricing, risk analysis, and data that meets regulatory standards (Cipher2X).
What this means: This is positive for PYTH because subscriptions can generate steady income linked to the token’s use. However, competition from established players like Chainlink and challenges in getting traditional finance to adopt the service are potential risks.
2. Asian Market Expansion (2026)
Overview: After launching data feeds for Hong Kong stocks in mid-2025, Pyth plans to expand coverage to include major Asian markets such as Japan and South Korea, which together represent over $5 trillion in equities. This follows partnerships with well-known exchanges like Cboe and trading firms like Jane Street (CoinMarketCap).
What this means: This move is cautiously optimistic. Expanding into Asia diversifies Pyth’s offerings but comes with regulatory challenges. If successful, it could enable decentralized finance (DeFi) platforms to use Asian stocks as collateral.
3. On-Chain Economic Data (Ongoing)
Overview: The U.S. Department of Commerce has chosen Pyth to publish key economic data such as GDP, employment, and inflation directly on the blockchain. The project will start by releasing historical GDP data in late 2025 (NullTX).
What this means: This is a strong long-term positive. It adds credibility to Pyth and meets growing demand for verified economic data that can be used in both traditional finance and DeFi applications.
4. Governance Upgrades (2026)
Overview: In 2026, Pyth’s decentralized autonomous organization (DAO) will vote on updates to staking rules, penalties, and how fees are shared. These changes are part of the network’s Phase 2 development goals (Pyth Blog).
What this means: This is neutral. Improved token economics could encourage more participation, but complex governance processes might slow down decision-making.
Conclusion
Pyth Network’s roadmap aims to connect the reliability of traditional finance with the innovation of decentralized finance by expanding its data offerings and building institutional partnerships. While growth opportunities in Asia and subscription services are promising, the network faces challenges in execution and balancing decentralization with regulatory requirements. How PYTH manages these factors will be key to its future success.
What updates are there in the PYTH code base?
Pyth Network’s software has been upgraded with important improvements that boost its ability to work across different blockchains and make it easier for developers to build on its platform.
- Entropy V2 Launch (July 31, 2025) – Enhanced randomness engine with customizable settings and simpler integration.
- Anchor-Lang Upgrade (October 7, 2025) – Updated Solana development tools for better smart contract support.
- Lazer Sui SDK Initiation (October 7, 2025) – New toolkit to connect with the Sui blockchain.
Deep Dive
1. Entropy V2 Launch (July 31, 2025)
Overview: Pyth improved its on-chain randomness engine called Entropy. This upgrade makes it easier for developers to use random numbers in their applications, which is important for things like games and prediction markets.
The update adds customizable gas limits (which control transaction costs), clearer error messages, and a new network of “keepers” that speed up responses. Developers can now get random numbers with just one function call, simplifying the process.
What this means: This is a positive development for PYTH because it strengthens the platform’s foundation for decentralized apps that need secure, tamper-proof randomness. This could lead to more projects adopting Pyth’s services.
(Source)
2. Anchor-Lang Upgrade (October 7, 2025)
Overview: The pyth-solana-receiver-sdk was updated to use Anchor v0.31.1, which is Solana’s main software framework for building smart contracts securely.
This update improves compatibility with Solana’s latest features and makes interactions with price feeds more efficient. It also fixes some technical issues related to software dependencies.
What this means: This update is neutral for PYTH in the short term but could attract more developers building on Solana to use Pyth’s oracle services over time.
(Source)
3. Lazer Sui SDK Initiation (October 7, 2025)
Overview: Pyth launched a new software development kit (SDK) to support integration with the Sui blockchain, expanding its reach to more blockchains.
The pyth-lazer-sui-js SDK allows developers on Sui to access real-time price data directly from Pyth’s network. This is part of Pyth’s larger plan to support over 100 blockchains.
What this means: This is a positive sign for PYTH since Sui’s ecosystem is growing quickly (with total value locked up 89% this year), which could increase demand for Pyth’s fast and reliable data.
(Source)
Conclusion
Pyth’s recent software updates focus on improving cross-chain compatibility (with the Sui SDK), enhancing developer tools (Entropy V2), and aligning with the Solana ecosystem. These improvements position PYTH well to meet the needs of decentralized apps that require frequent, reliable data across multiple blockchains. It will be interesting to see how these technical advances affect PYTH’s market position compared to competitors like Chainlink in the last quarter of 2025.