YEREVAN (CoinChapter.com) — Pyth Network’s native PYTH token is one of the best-performing altcoins today. According to market data, the token has surged nearly 30% in the past 24 hours. It went from $0.3907 to a daily high of $0.5055. Moreover, its trade volume also surges by 60% to $137 million, underscoring a decisive strength behind the rally. 
PYTH token price has surged 30% in 24 hours. Source: CoinStats
PYTH’s price hovers around $0.5045 at the time of writing, according to data from the portfolio management app CoinStats. 
As a first-party oracle network, Pyth is a relative newcomer in the industry. However, owing to its ability to provide high-fidelity, real-time financial market data directly on-chain, it has emerged as a strong competitor to established market players, like the Ethereum-based Chainlink (LINK). 
Several recent developments around the Pyth Network have brought it under the limelight. All these have acted as a catalyst for the recent price growth.
Pyth Network launches on ZeroLend
PYTH recently became the first project listed on the popular lending market ZeroLend’s airdrop points platform Zero Gravity. 

ZeroLend’s post about Oracle provider Pyth Network’s listing on Zero Gravity. Source: X
According to ZeroLend’s X post on Jan. 30, PYTH holders can now participate in ZeroLend’s airdrop.
In addition to the airdrop news, Pyth Network announced the launch of price feeds on Filecoin’s virtual machine. 
“This partnership with the FilFoundation makes more than 400 Pyth Price Feeds permissionlessly available to all developers building the future of finance on the Filecoin peer-to-peer network,” 
the team announced. 
This set of partnerships, among several others, has boosted investor interest in the PYTH token. 
Dogelon Mars (ELON) boosts Pyth Network
In what seems to have given more incentive to investors, Dogelon Mars announced a special airdrop to PYTH token holders. 
According to an official post on X, a select group of lucky holders will receive its native crypto, ELON. 
“500 PYTH stakers were randomly selected to recieve 300 MILLION ELON tokens on Solana,” 
the handle wrote. 

Oracle solution provider Pyth Network shared the news about the Dogelon Mars (ELON) airdrop. Source: X
Benefits such as airdrops from various projects to Pyth Network’s token holders are an added advantage, boosting the PYTH price.
Moreover, last month, Pyth Network announced a partnership with Ondo Finance to provide accurate and reliable price feeds for real-world assets across multiple blockchains through its oracles. 
This collaboration aimed to enhance asset pricing in the DeFi space by integrating Pyth’s market data with Ondo’s tokenized real-world assets. Seen as a move to revolutionize asset pricing, improve user experience, and foster trust in the decentralized finance ecosystem, it has made Pyth Network a series player. 
Improvements to Pyth Price Feeds
In a move to consolidate its position in the market, Pyth Network implemented core system improvements to its price feed oracles based on user feedback. 
In its recent 2024 outlook post, the network argued that these upgrades have led to a 20% reduction in latency across all Pythnet Price Feeds. This significant update now enables more secure and accurate on-chain transactions. 
Additionally, the data provider threshold per price feed increased from 32 to 64, providing enhanced reliability and security of Pyth Price Feeds.

Graph showing the growth of integrated apps on Pyth Network Oracles
As proof of its growing adoption, the number of decentralized apps integrated with Pyth Network Oracle Data has steadily increased. This is primarily because the platform allows easy Do It Yourself (DIY) integration, making the process smooth and accessible. Moreover, Pyth Price Feeds offers live access to traditional and real-world asset prices such as US equities.
All these developments have pushed the PYTH price surge, making it one of the best-performing tokens today. 
The post Pyth Network’s Native Token PYTH Rallies 30% — Here’s Why appeared first on CoinChapter.

在今日的数字资产市场中，Chainlink ($LINK) 和 Pyth ($PYTH) 展现出强劲的上涨势头，成为涨幅最大且最受关注的代币之一。本文将深入评估为何这两个代币在今日脱颖而出，并提供相关项目更新的证明。

1. Chainlink ($LINK) 强劲表现分析
链接实用性的提升
Chainlink一直以其去中心化的预言机网络而闻名，能够将区块链与现实世界的数据连接起来。最近，项目可能宣布了一项增强其实用性的关键合作或技术更新，从而引发市场对其潜在价值的乐观看法。

生态系统扩张
Chainlink不断扩张其合作伙伴关系和生态系统，为更多的区块链项目提供服务。这种生态系统的扩张可能增加了Chainlink的使用率，进而推动代币价格上涨。

2. Pyth ($PYTH) 强劲表现分析
数据提供的革新
Pyth致力于提供高质量、实时的金融市场数据，并采用区块链技术确保数据的透明性和可靠性。如果Pyth团队成功发布了技术更新或与重要机构达成战略性合作，这将成为代币上涨的重要动因。

行业认可的提升
如果Pyth获得了更多机构或行业的认可，证明其在实时数据领域的独特价值，这将在市场上引发更多的关注和需求，推动代币价格的上涨。

3. 为何成为 Top Gainers 和 Most Searched Tokens？
项目透明度与沟通
这两个代币之所以成为最受关注的代币之一，可能与项目的透明度和沟通策略有关。如果项目方能够定期更新社区，分享里程碑和合作伙伴关系，这将增加投资者对项目的信心。

市场流动性的提升
代币成为市场关注焦点可能与其市场流动性的提高有关。如果链上交易量增加、交易对扩展，这将吸引更多的交易者和投资者，推动代币价格上升。

4. 项目更新的证明
官方公告
通过检查链上的官方公告或社交媒体，可以获取项目更新的第一手信息。任何与技术进步、战略合作或关键里程碑相关的消息都可能成为代币上涨的原因。

审计报告
如果项目发布了由权威审计机构进行的审计报告，这将增加项目的透明度，为投资者提供信心，有助于解释代币价格上涨的原因。

结语
Chainlink ($LINK) 和 Pyth ($PYTH) 之所以在今日成为市场 Top Gainers 和 Most Searched Tokens，可能是由于其项目实力的提升、生态系统扩张、技术更新或战略合作等多重因素的综合影响。投资者应保持警觉，及时关注项目的官方信息，了解市场动态，以做出明智的投资决策。
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