🔥 Pyth Network’s native token, named PYTH, saw a massive growth in interest. In the last 30 days, 109,614 unique users were registered staking PYTH, and 99.8% of this number was achieved in the last 10 days, according to a Dune Analytics dashboard. The sudden rise in PYTH staking might be related to the airdrop frenzy.

Pyth Network is an oracle service offered to blockchain decentralized applications (dApps), making price feeds and benchmarks available for those dApps. Staking PYTH gives voting power for users to participate in Pyth’s governance. There are currently more than 200 different protocols using Pyth’s oracle services.

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