Pyth Network recently broke out of a long-term downtrend with rising trading volumes
Pyth Network recently broke out of a long-term downtrend with rising trading volumes, fueled by major institutional adoption. The U.S. Department of Commerce's announcement to publish economic data on-chain with Pyth gave a strong bullish signal .
The network now supports over 1,900 real-time data feeds across 100+ blockchains. Partnerships with RHEA Finance (AI-optimized DeFi yields) and xStocks Alliance (tokenized equities) are expanding Pyth’s utility .
The 2025 roadmap highlights launching 'Pyth AI Oracle' which integrates machine learning for market trend predictions, and 'Pyth Governance 2.0', a token-based dynamic voting system empowering community-driven data source decisions .
Pyth aims to further expand asset coverage, enhance data granularity, strengthen security through staking and slashing, and enable efficient data monetization. This vision positions PYTH as critical infrastructure for programmable finance and DeFi .
Technical analysis signals PYTH price support at $0.15 and resistance at $0.18, with potential upside targets of $0.25 to $0.28 in the coming months .
Institutional investors like VanEck and Grayscale have launched PYTH-based investment products managing over $1.2 billion, underscoring growing adoption and steady demand .
In summary, Pyth Network’s 2025 roadmap and partnerships underline its growing role as a leading DeFi data oracle with strong token utility, promising positive price momentum and wider ecosystem growth . Create attractive image.
@Pyth Network
