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. #Write2Earn