🚨 $PYTH JUST TURNED ITS REVENUE INTO BUYING PRESSURE
Pyth Network has announced a major change to how its protocol revenue is used. 👀
100% of revenue generated from Pyth products will now go toward open-market $PYTH purchases.
And this isn't just a future plan.
📊 Pyth reported:
• $11.5M annualized revenue in September
• Revenue up 86% QoQ
• Reserve already holds 41M $PYTH
• Product revenue + existing non-PYTH assets will fund purchases
Why does this matter?
Instead of protocol revenue simply sitting elsewhere, Pyth is creating a direct mechanism connecting network usage → revenue → PYTH buying.
🧠 The key question isn't whether buybacks sound bullish.
It's whether Pyth can keep growing real revenue.
If usage keeps increasing, the mechanism becomes much more interesting.
👀 $PYTH is one token I'm watching closely.
Not financial advice. DYOR.
#PYTHUSDT📈 #Crypto #BuyNow #TrendingHot
Pyth Network has announced a major change to how its protocol revenue is used. 👀
100% of revenue generated from Pyth products will now go toward open-market $PYTH purchases.
And this isn't just a future plan.
📊 Pyth reported:
• $11.5M annualized revenue in September
• Revenue up 86% QoQ
• Reserve already holds 41M $PYTH
• Product revenue + existing non-PYTH assets will fund purchases
Why does this matter?
Instead of protocol revenue simply sitting elsewhere, Pyth is creating a direct mechanism connecting network usage → revenue → PYTH buying.
🧠 The key question isn't whether buybacks sound bullish.
It's whether Pyth can keep growing real revenue.
If usage keeps increasing, the mechanism becomes much more interesting.
👀 $PYTH is one token I'm watching closely.
Not financial advice. DYOR.
#PYTHUSDT📈 #Crypto #BuyNow #TrendingHot