PYTH:


Fundamentals: The oracle of the sol chain, the infrastructure in the RWA field, is responsible for securely bringing off-chain data on-chain. Link is currently the leader in the oracle field, and the second seat has been vacant for many years, with fierce competition; Pyth's growth momentum is exceptionally clear, with over 350 partners already, and well-known public chains like BNB Chain, Sui, and Aptos are also calling on Pyth's data; recently, the U.S. Department of Commerce reached a strategic cooperation with Pyth Network, making it the official partner for on-chain economic data verification and distribution. This is the first deep integration of a national government agency with an oracle project, marking the entry of blockchain data services into the mainstream economic governance system. Currently, Pyth's market value has just surpassed 1 billion USD, which is less than one-tenth of the market value of the leading oracle, Link, at 16 billion USD.

Technical Analysis: After a sustained deep washout at low levels for 10 months and a period of consolidation; boosted by news, it has broken through 0.15, with the current price around 0.182; entry points to consider are in the range of (0.175, 0.18),
Short-term target 0.22; the second target breaks through 0.25, sprinting above 0.3.
PYTH-2.49%
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