The coin #بايث has risen 30% from its all-time low in June of $0.08, with trading volume increasing by 200%.

Technical indicators and an increase in open interest suggest bullish prospects for the altcoin.

Despite recent volatility, the oracle protocol of the Pyth network $PYTH is strengthening.

Its position in the market.

The Pyth network is among the biggest gainers in the list of the top 100 cryptocurrencies by market cap today, with Pyth rising 6% in 24 hours amidst a rise above $0.10.

With #ARBİTRUM leading the market with a 21% increase, Pyth, which has also risen 30% from its all-time low of $0.08, is looking to rise amidst a notable increase in trading volume of 200%.

While the price remains down 5% over the past month, Pyth's recent gains, including a 20% increase last week, indicate a growing bullish trend.

The price of the Pyth network has risen amidst a 200% jump in daily trading volume.

Pyth’s price experienced significant volatility in June, dropping from a high above $0.13 to a low of $0.08.

This was the lowest price for the Ethereum expansion platform, reflecting the turbulent conditions in the cryptocurrency market.

However, the coin has since rebounded significantly, rising 30% from its low on June 22, 2025, and increasing over 20% in the past seven days.

As of the time of writing this report on June 30, 2025, Pyth $PYTH is trading at around $0.10, having touched a high of $0.11.

This comes amidst a 200% surge in trading volume, with $81 million traded as the price moved from its low of $0.97 to its daily high.

In the market, this significant rise in trading volume alongside price increases indicates strong participation from traders and liquidity growth.

This primarily enhances the appeal of $PYTH as a key player in the decentralized finance (DeFi) ecosystem.

What is the future of PYTH price?

The #Pyth network, which has contributed to the listing of the most traded TradFi assets on-chain, including leading ETFs, is seeing a rise in open trading volume. Data shows a 17% increase in open trading volume to reach $50 million, while derivatives trading volume rose by 206% to over $116 million.

The wider market trajectory, including potential catalysts such as Bitcoin performance, will also affect PYTH's path.

With the Ex,press R,elay upgrade for the Pyth network facilitating price feeds across the chain and supporting millions of dollars in daily trading volume, the protocol fundamentals remain strong.

A look at the charts shows that technical indicators support the likelihood of a rise #PYTH .

PYTH price chart

On the daily chart, the token is trading above the 50-day simple moving average, while the Relative Strength Index (RSI) remains near the neutral zone.

Despite a slight decline, it indicates that buyers have room to grow without immediate overbought risk.

The Moving Average Convergence Divergence (MACD) indicator also highlights the bullish trend, with a breakout above $0.13 likely prompting buyers to push towards $0.20.

However, resistance at $0.11 remains, and failure to break through could lead to a retest of the support level at $0.08. #StrategyBTCPurchase