$PYTH surged 13.0% in 24 hours to $0.0846, extending its 7-day rally to 11.5%.
The gain was driven by a DAO decision to allocate 100% of product revenue to the token buyback program.
Daily volume reached $115 million, with a volume-to-market-cap ratio of 17%. The trend’s sustainability now depends on the protocol’s ability to generate cash flow.
The gain was driven by a DAO decision to allocate 100% of product revenue to the token buyback program.
Daily volume reached $115 million, with a volume-to-market-cap ratio of 17%. The trend’s sustainability now depends on the protocol’s ability to generate cash flow.