⭐ What the
$PYTH Network Does?
It is a decentralized oracle that provides real-time price feeds for crypto, stocks, FX, and commodities directly on-chain.
It’s used by DeFi apps that need accurate, low-latency market data.
Ex :- When a DeFi protocol needs the current BTC/USDT price, it can get it from PYTH instead of a centralized API.
⭐ Utility of PYTH Token
PYTH is used for:
Staking – to secure oracle data integrity (via Oracle Integrity Staking (OIS) system).
Governance – PYTH holders can vote on decisions by the PYTH DAO (fees, asset coverage, staking mechanisms, etc.).
Reward Mechanism – publishers and validators earn PYTH for contributing accurate data.
⭐ Other Competitors
$LINK (Mainly)
$BAND API3RED (Redstone)TRB
⭐ Approximate mid-price estimates and bands (low to high)
According to the above predictions PYTH can be increased up to 🚀 $0.36 at the end of 2025.
Also after the major token unlock event in next year it can be reached up to 🔥 $0.54 at the end of 2026.
#PYTH #PYTHUSDT