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Many altcoins are gaining huge momentum in recent times as the most dominant crypto, Bitcoin, continues to trade sideways. The newly launched Dymension (DYM) has surprisingly made it to the top performer's list and the popular token Pyth Netwrok (PYTH) is following suit.
Pyth Network adds SeraBlock as its 100th data provider, enhancing DeFi data accuracy and making real-time prices more reliable.
PYTH, a Solana-based altcoin, has experienced a significant surge in value, rising by more than 42% in the past week. This remarkable boost comes in the wake of the news that the world-renowned cryptocurrency exchange, Binance, has added spot trading support for PYTH.
In the fast-paced world of cryptocurrencies, PYTH, FLR, and MMTR stand out with their unique offerings, reshaping the industry. PYTH surged after landing on Binance, FLR is riding high with a Google partnership, and MMTR is attracting attention with its presale, each carving its path in the crypto revolution.
Solana-based tokens and Solana meme coins have been in the spotlight in the industry for a while now. Both Pyth and Myro are two of the top-performing cryptocurrencies that belong to the Solana blockchain.
In the dynamic world of cryptocurrencies, three groundbreaking tokens – PYTH, FLR, and MMTR – are making waves. Each with its unique proposition, these tokens are redefining the landscape.
Pyth Network is an oracle that publishes financial market data to multiple blockchains. The Pyth protocol is designed to incentivize participants to continually publish price updates for various products (such as BTC/USD).
In an important update, Binance, a top cryptocurrency exchange globally, revealed plans to add PYTH, the native token of the Pyth Network, to its platform. Trading for PYTH on Binance is set to start on February 2 at 12:00 UTC.
Among the top cryptocurrencies to watch this week are XRP (XRP), the native token of the Ripple network, plus Pyth Network (PYTH) and Sui (SUI).
Chainlink (LINK) has been dominating the oracle domain, however, Pyth Network (PYTH) has emerged as a tough competitor lately. After listing on Binance, the PYTH price reached new heights, giving competition to LINK.
Pyth token (PYTH), ImmutableX (IMX), and Chainlink (LINK) saw remarkable gains within the previous seven days, printing double-digit surges. The trio experienced increased social media dominance. Sidelined investors might join the craze, translating to potential FOMO-fueled volatility in the upcoming sessions.
Binance announced its plans to list Pyth Network, but PYTH's daily chart turned red soon after.
Bitcoin ended the week up slightly after a strong U.S. jobs report dashed remaining hopes the Fed will drop interest rates in March.
Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading past the key $43,000 level on Friday. Ethereum (CRYPTO: ETH) also recorded gains, trading above the key $2,300 mark this morning.
Binance, one of the world's leading cryptocurrency exchanges, has announced the listing of Solana-based Oracle platform – Pyth Network (PYTH).
In a remarkable turn of events, the Pyth Network (PYTH), a decentralized oracle network built on the Solana (SOL) blockchain, has witnessed an impressive surge in its market value. The PYTH token climbed over 20% after the announcement of its listing on Binance, one of the world's leading cryptocurrency exchanges.
In a recent announcement, Binance, the world's largest cryptocurrency exchange, revealed its decision to include Pyth Network's PYTH token in its lineup of supported altcoins. This news sent ripples through the crypto community, especially as the price of PYTH surged by an impressive 25%, reaching $0.
The token of the Pyth Network project (PYTH) was among the growth leaders, gaining 20% in price. According to data from CoinMarketCap, PYTH has risen 20.4% in the past 24 hours, reaching $0.49 when writing.
With a market-wide recovery, the PYTH price trend remains strong over the past few weeks. Overcoming the recent noise in the market, the PYTH network has sustained an uptrend for the past 23 days, accounting for a 97% hike.
In a significant gust of developments, Binance, one of the world's leading cryptocurrency exchanges, recently announced plans to list PYTH, the native token of the Pyth Network. As per the crypto exchange's statement, the leading global entity intends to list the PYTH token and commence trading for the same on February 2 at 12:00 UTC.
The major crypto prices today were in the green as Bitcoin (BTC) surged past $43,000 again while major altcoins registered a notable upswing as well. In addition, Ethereum (ETH), the second-largest crypto by market cap, also hit the $2,300 level today, however, struggled to sustain it.
Pyth Network's token surged to a record high as the Total Value Secured (TVS) in the ecosystem continued rising. The token jumped to a high of $0.5175, its highest point since December 8th. It has soared by more than 133% from its lowest point in December.
The Federal Reserve's attempt to put the dampers on markets by stating that the first rate cuts might not take place in March may not have worked. Stock markets have reacted by opening in the green, and now select altcoins are following.
TL;DR Pyth Network has launched its price feeds on the Filecoin Virtual Machine (FVM), marking a significant milestone for Filecoin. The Pyth Network, known for delivering low-latency, high-accuracy financial data, is partnering with Filecoin. This collaboration not only enhances Filecoin's storage solutions but also signifies the potential of decentralized technologies.
