1. Widespread adoption of DeFi & CeFi → more DEXs, CEXs, and financial applications using Pyth price feeds (because they're fast and cheap).
Institutions & governments → collaboration with large institutions (e.g., the US Department of Commerce) increases credibility.
3. Multi-chain expansion → the more blockchain integrations, the greater the demand for data → higher fees for publishers and stakers.
4. Active staking & governance → the PYTH token gains strong utility (staking, fee sharing, voting), driving demand.
5. Global crypto market revival → if the bull market returns, demand for data oracles will increase → Pyth's position as a next-generation oracle will become more prominent.
Bottom line: Bullish if Pyth succeeds in becoming the standard oracle for "the price of everything"
in on-chain finance.
Institutions & governments → collaboration with large institutions (e.g., the US Department of Commerce) increases credibility.
3. Multi-chain expansion → the more blockchain integrations, the greater the demand for data → higher fees for publishers and stakers.
4. Active staking & governance → the PYTH token gains strong utility (staking, fee sharing, voting), driving demand.
5. Global crypto market revival → if the bull market returns, demand for data oracles will increase → Pyth's position as a next-generation oracle will become more prominent.
Bottom line: Bullish if Pyth succeeds in becoming the standard oracle for "the price of everything"
in on-chain finance.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.