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The crypto market will experience its second token unlock of over $3 billion for this year in May, according to Token Unlocks data. Token unlocks involve the gradual release of coins initially held to discourage early investors or team members from rapidly selling their large-volume holdings.
May 2023 is poised to become a landmark month for the crypto market, with major token releases slated to inject substantial liquidity and potentially catalyze shifts in market dynamics. Key developments from AEVO and PYTH and significant contributions from other projects are set to channel over $3 billion into the sector.
Over $3.661B in tokens, including AEVO PYTH exceeding $1B.
As May approaches, BeInCrypto has identified noteworthy token unlock events set to influence the market. According to data from TokenUnlocks, in May 2024, the crypto market will see the release of approximately $3.58 billion worth of tokens into circulation.
Here are all the crypto projects are unlocking hundreds of millions of dollars worth of tokens in the month of May.
The partnership brings over 500 real-time price feeds to Morph's testnet, empowering DeFi developers with reliable data. The post Pyth Network boosts Morph DeFi ecosystem with real-time price feeds appeared first on Crypto Briefing.
The digital currency market is abuzz with speculation about an upcoming altcoin season. Analysts, drawing insights from historical trends, suggest that a potential shift could be looming, propelled by compelling indicators. Ben Armstrong, known for his insights into the cryptocurrency market, recently shared his perspective on seven cryptocurrencies he deems as robust investment choices.
Pyth Network partners with Portofino Technologies to improve its crypto data feeds, ensuring real-time price accuracy.
Portofino Technologies, a crypto startup specializing in market making, token services, and Web3 investments, has joined Pyth Network as a new data provider community, according to the info shared with Finbold on April 10.
Discover how Pyth Network's oracle services are challenging industry leaders and innovating in the DeFi space with cost-efficient models.
These are the two latest price feed tickers available at Pyth Network.
Pyth Network, a leading provider of decentralized financial data, has announced the release of its highly anticipated W/USD price feed alongside the introduction of the USDB stablecoin. These developments mark significant milestones for the network and are poised to enhance its capabilities within the burgeoning decentralized finance (DeFi) landscape.
Amidst a bustling altcoin season, April unveils potential for five standout tokens. Bonk emerges as a leading Solana memecoin, while Jupiter eyes gain within Solana's ecosystem surge.
Pyth Network, a financial data oracle network, and Caldera, the modular blockchain platform, have announced the integration of rollups and Oracle data, according to information shared with Finbold on March 27.
Pyth Network partners with Merlin to bring Pyth's real-time price feeds to Merlin Chain, enhancing dApps on Bitcoin layer 2 chain.
Pyth Network has revealed a new collaboration with a decentralized exchange Ambient, popular for its unique 2-sided AMMs. According to the press release, the strategic alliance aims to enhance Pyth Network's data security and quality. Further, web3 developers will access transparent and more efficient price feeds. Ambient will contribute real-time price feeds to Pyth Network.
Pyth Network partners with Ambient to improve its price feeds, offering Web3 developers enhanced data quality and security.
Ambient, a decentralized exchange protocol (DEX), has joined the ranks of data providers on the Pyth Network, according to the information shared with Finbold on March 25.
Explore Wall Street's favorite cryptos favored by and retail, offering innovative technologies and massive upside potential.
If you are a multi-chain user, you have probably heard of Pyth Price Feeds. They crop up everywhere in the context of L2s and EVM networks – as well as on a host of non-EVM chains including Solana. But while this infrastructure technology may be ubiquitous, it's not widely understood.
The Pyth Network staking value has jumped above $1.3 billion. The oracle platform, which counts more than 100 data providers, offers over 450 price feeds and is integrated across 300+ decentralized applications, has seen remarkable growth in this sector since early January. PYTH staked value surpasses $1.
TL;DR Integration of Pyth Price Feeds into Injective's inEVM platform. Access to 450+ real-time price feeds for smart contract developers. inEVM mainnet deployment in April 2023 and its crucial role in the expansion of the DeFi ecosystem.
Injective's inEVM now features Pyth price feeds, offering smart contract developers access to over 450 real-time market data.
Pyth Network token surged to a record high as the crypto bull run gained steam. The coin jumped to a record high of $0.9065 on Monday, a 313% increase from its lowest point this year. This surge has brought its total market cap to over $1.2 billion.
