đ $PYTH is up 12% while the market struggles â and there's an actual business story behind it
Pyth just reported $11.49M in active annual recurring revenue, up 86.5% quarter over quarter
The network now has 276 paying accounts, with demand expanding across exchanges, prediction markets and institutional data products
đ But the more interesting development is the DAO's new 100% Rule
Instead of allocating just a portion of its treasury funds to PYTH purchases, the DAO has committed 100% of the funds it receives from Pyth products to accumulating PYTH in its reserve
That's not 100% of the entire business's revenue â it's the DAO's share
đ The connection is worth watching
More product adoption can generate more DAO income, which can support more open-market PYTH purchases
It doesn't guarantee higher prices, but it gives traders something measurable beyond a short-term narrative
$LINK
â ïž Strong revenue growth and a buyback policy don't make a 12% rally risk-free
I'd rather watch whether PYTH holds its relative strength as the market settles than chase the first green candle
#PythNetwork #RWA
Pyth just reported $11.49M in active annual recurring revenue, up 86.5% quarter over quarter
The network now has 276 paying accounts, with demand expanding across exchanges, prediction markets and institutional data products
đ But the more interesting development is the DAO's new 100% Rule
Instead of allocating just a portion of its treasury funds to PYTH purchases, the DAO has committed 100% of the funds it receives from Pyth products to accumulating PYTH in its reserve
That's not 100% of the entire business's revenue â it's the DAO's share
đ The connection is worth watching
More product adoption can generate more DAO income, which can support more open-market PYTH purchases
It doesn't guarantee higher prices, but it gives traders something measurable beyond a short-term narrative
$LINK
â ïž Strong revenue growth and a buyback policy don't make a 12% rally risk-free
I'd rather watch whether PYTH holds its relative strength as the market settles than chase the first green candle
#PythNetwork #RWA