đš $PYTH JUST TURNED ITS REVENUE INTO BUYING PRESSURE
Pyth Network has announced a major change to how its protocol revenue is used. đ
100% of revenue generated from Pyth products will now go toward open-market $PYTH purchases.
And this isn't just a future plan.
đ Pyth reported:
âą $11.5M annualized revenue in September
âą Revenue up 86% QoQ
âą Reserve already holds 41M $PYTH
âą 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 â revenue â PYTH buying.
đ§ 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.
đ $PYTH is one token I'm watching closely.
Not financial advice. DYOR.
#PYTHUSDTđ #Crypto #BuyNow #TrendingHot
Pyth Network has announced a major change to how its protocol revenue is used. đ
100% of revenue generated from Pyth products will now go toward open-market $PYTH purchases.
And this isn't just a future plan.
đ Pyth reported:
âą $11.5M annualized revenue in September
âą Revenue up 86% QoQ
âą Reserve already holds 41M $PYTH
âą 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 â revenue â PYTH buying.
đ§ 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.
đ $PYTH is one token I'm watching closely.
Not financial advice. DYOR.
#PYTHUSDTđ #Crypto #BuyNow #TrendingHot