#pythpriceanalysis
pythpriceanalysis
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Alek Carter
·
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$PYTH is starting to show some strength again.
Price reacted well from the $0.0742 support area and is now trying to build momentum back toward the $0.0876 resistance. Holding this recovery zone would keep the structure interesting.
Why @Pyth Network stands out:
→ 710+ businesses use Pyth data
→ 125+ institutional publishers contribute prices
→ 114+ blockchains receive Pyth feeds
→ $3.25T+ cumulative volume has been secured
→ Around 60% of the onchain perpetuals market runs on Pyth data
Biggest difference:
→ Most market data is downstream
→ Pyth goes upstream, sourcing prices directly from the institutions creating them
Pyth is becoming a serious market-data layer for internet-native finance.
#PythNetwork
#NFPWatch
Price reacted well from the $0.0742 support area and is now trying to build momentum back toward the $0.0876 resistance. Holding this recovery zone would keep the structure interesting.
Why @Pyth Network stands out:
→ 710+ businesses use Pyth data
→ 125+ institutional publishers contribute prices
→ 114+ blockchains receive Pyth feeds
→ $3.25T+ cumulative volume has been secured
→ Around 60% of the onchain perpetuals market runs on Pyth data
Biggest difference:
→ Most market data is downstream
→ Pyth goes upstream, sourcing prices directly from the institutions creating them
Pyth is becoming a serious market-data layer for internet-native finance.
#PythNetwork
#NFPWatch
ເຂົ້າສູ່ລະບົບເພື່ອສຳຫຼວດເນື້ອຫາເພີ່ມເຕີມ