🚀 Why $PYTH could surprise in what remains of the year?
A few months ago, no one was talking much about $PYTH … today, it is one of the most discussed oracles in the ecosystem.
And beware: it's not empty hype, there are fundamentals.
📌 What is $PYTH ?
It is an oracle that brings real-world financial data to blockchains, in an ultra-fast and precise manner.
We're talking about stock prices, cryptos, currencies… all in almost real-time!
🔥 Points that catch my attention:
• Works with over 90 top data providers, including exchanges and financial firms.
• In recent months, the volume of data served has skyrocketed, a sign that more projects are using it.
• It is well-positioned for the boom of on-chain trading dApps, which need reliable data.
💡 My vision:
PYTH could benefit greatly if we continue to see expansion of DeFi and crypto derivatives on blockchain.
If the market cooperates, I wouldn't be surprised to see it at a significantly higher price by the end of the year.
⚠️ This is not financial advice: DYOR always. But for those looking for bets with strong technology behind… PYTH deserves a spot on the watchlist.
💬 Do you have PYTH in your portfolio or are you watching it from the outside?