PYTH Price Rebounds as Traders Eye $0.1856 Resistance

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coinpedia
PYTH+9.16%

PYTH price has made a comeback after a volatile week. The token is changing hands at a 7.78% premium over yesterday at $0.1624, despite being down 18.04% over the last 7 days. Its market cap has climbed to $934.87 million, with trading volume soaring 97.18% to $207.36 million. This sharp recovery is tied to both strong fundamentals and technical signals, making PYTH one of the more closely watched tokens this week.

Why Is PYTH Price Going Up?

The price surge is not only technical but also backed by fundamentals. The U.S. Department of Commerce’s August 2025 decision to use Pyth Network for on-chain GDP and economic data distribution has added major credibility to the project.

On the utility side, Pyth has integrated with platforms like RHEA Finance, strengthening its role in the DeFi markets. By disrupting the $50B+ institutional market data industry, Pyth is positioning itself as a dominant player. Its Total Value Secured has crossed $20B in...

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