🔥 A new development in the PYTH project!
According to a CoinDesk report published today, the Pyth Network announced that it will direct 100% of its product revenue toward buying PYTH tokens to support the network’s reserves.
📊 The report noted that the reserve holds around 41 million PYTH tokens, and that annualized revenue at the current rate reached $11.5 million in September 2026.
🔎 What should you watch?
Whether actual revenue continues.
Whether the announced purchases are carried out.
The impact of the reserve mechanism on supply and demand.
⚠️ This mechanism does not guarantee that the token’s price will rise.
#PYTH #PythNetwork #DeFi #CryptoNews
According to a CoinDesk report published today, the Pyth Network announced that it will direct 100% of its product revenue toward buying PYTH tokens to support the network’s reserves.
📊 The report noted that the reserve holds around 41 million PYTH tokens, and that annualized revenue at the current rate reached $11.5 million in September 2026.
🔎 What should you watch?
Whether actual revenue continues.
Whether the announced purchases are carried out.
The impact of the reserve mechanism on supply and demand.
⚠️ This mechanism does not guarantee that the token’s price will rise.
#PYTH #PythNetwork #DeFi #CryptoNews