PYTH Network: Should you invest in the future of DeFi?
🔹 What is PYTH?
Pyth Network is a decentralized oracle network that provides market data for smart contracts. The data comes directly from top financial institutions — Binance, Jane Street, OKX, and others.
🔹 Key figures (June 2025):
▪️ Price: ~$0.12
▪️ Market capitalization: $705 million
▪️ Circulating supply: 5.75 billion PYTH
▪️ ATH: $1.20 (March 2024)
▪️ Minimum: $0.104 (April 2025)
🔹 Forecasts for 2025–2030:
📈 Optimistic: $0.93 – $2.59 by 2030
📉 Pessimistic: $0.09 – $0.25 in 2025
📊 Depends on partnerships, demand in DeFi, and overall market trends.
🔹 Competitors:
Chainlink is the main player in the oracle space. Competition is high, but PYTH has strong institutional support.
🔹 Conclusion:
PYTH is a promising project with real benefits for DeFi. But as always in crypto: DYOR (Do Your Own Research) and do not invest more than you are willing to lose.
