Is it the right time to buy Pyth Network crypto?
As of early June 2025, Pyth Network stands out in the DeFi infrastructure sector with a current price near $0.120 and a robust daily trading volume around $20 million. Powering over 520 applications and running across 100+ blockchains, Pyth’s role as a decentralized oracle has become increasingly essential—delivering high-speed, low-latency price feeds to the growing on-chain financial ecosystem. Recent upgrades, such as the launch of Pyth Lazer for even faster data delivery, alongside strategic partnerships with industry giants like Sony (Soneium Layer-2) and Coinbase International Exchange, have further consolidated its position in the oracle market. While the community has shown resilience despite short-term volatility following the May 2025 token unlock, sentiment remains constructively optimistic, fueled by impressive ecosystem growth and institutional adoption. Ongoing integration momentum and a consistent influx of new data providers continue to enhance Pyth’s network effects and underscore its long-term relevance. The sector consensus from 33 leading national and international analysts forecasts a price target close to $0.175, validating Pyth as a project to watch in DeFi and secure data infrastructure. In this context, considering Pyth Network’s technological leadership and expanding use cases, it emerges as an asset worth particular attention for forward-looking investors.
- ✅First-party institutional data providers ensure highly reliable on-chain price feeds
- ✅Live on 100+ blockchains with seamless, permissionless ecosystem integration
- ✅Recent strategic partnerships with Sony and Coinbase bolster enterprise adoption
- ✅Supports 520+ applications across DeFi, derivatives, and synthetic assets
- ✅Sub-second data updates (400ms) and high scalability for rapid ecosystem growth
- ❌Recent token unlocks could create short-term selling pressure on the market
- ❌Faces sustained competitive pressure from established oracle solutions like Chainlink
- ✅First-party institutional data providers ensure highly reliable on-chain price feeds
- ✅Live on 100+ blockchains with seamless, permissionless ecosystem integration
- ✅Recent strategic partnerships with Sony and Coinbase bolster enterprise adoption
- ✅Supports 520+ applications across DeFi, derivatives, and synthetic assets
- ✅Sub-second data updates (400ms) and high scalability for rapid ecosystem growth
Is it the right time to buy Pyth Network crypto?
- ✅First-party institutional data providers ensure highly reliable on-chain price feeds
- ✅Live on 100+ blockchains with seamless, permissionless ecosystem integration
- ✅Recent strategic partnerships with Sony and Coinbase bolster enterprise adoption
- ✅Supports 520+ applications across DeFi, derivatives, and synthetic assets
- ✅Sub-second data updates (400ms) and high scalability for rapid ecosystem growth
- ❌Recent token unlocks could create short-term selling pressure on the market
- ❌Faces sustained competitive pressure from established oracle solutions like Chainlink
- ✅First-party institutional data providers ensure highly reliable on-chain price feeds
- ✅Live on 100+ blockchains with seamless, permissionless ecosystem integration
- ✅Recent strategic partnerships with Sony and Coinbase bolster enterprise adoption
- ✅Supports 520+ applications across DeFi, derivatives, and synthetic assets
- ✅Sub-second data updates (400ms) and high scalability for rapid ecosystem growth
- Pyth Network in brief
- How much does 1 Pyth Network cost?
- Our complete review of the Pyth Network crypto
- How to buy Pyth Network?
- Our 7 tips for buying Pyth Network
- The latest news about the Pyth Network
- FAQ
- On the same topic
Why trust HelloSafe?
At HelloSafe, our expert has been closely monitoring the evolution of the cryptocurrency Pyth Network for over three years. Each month, hundreds of thousands of users across Canada trust us to break down market trends and identify the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In line with our ethical guidelines, HelloSafe has never purchased Pyth Network tokens nor received compensation from any entities associated with its ecosystem.
Pyth Network in brief
Indicateur (emoji + nom) | Valeur | Analyse |
---|---|---|
🌐 Blockchain d’origine | Solana (Pythnet), multi-chaînes (100+ blockchains supportées) | High interoperability, multi-chain access is essential for broad DeFi integrations. |
💼 Type de projet | Oracle décentralisé / Infrastructure DeFi | Key project for providing reliable data to DeFi and financial applications. |
🏛️ Date de création | 2021 | Young infrastructure, but rapid adoption since its launch in the crypto ecosystem. |
🏢 Capitalisation de marché | $692.14M USD | Mid-tier ranking, notable growth but still far from the main leaders. |
📊 Rang en termes de capitalisation | #93 (CoinMarketCap, June 4, 2025) | Solid position, but intense competition from other oracles such as Chainlink. |
📈 Volume d’échanges 24h | $20.64M USD | High liquidity, facilitates entry and exit for retail investors. |
💹 Nombre total de tokens en circulation | 5.75 billion PYTH | Large circulating supply, be cautious of the impact of recent and future unlocks. |
💡 Objectif principal de cette cryptomonnaie | Fournir des feeds de prix fiables à la DeFi multi-chaîne | Aims to secure and rapidly disseminate financial data at scale. |
How much does 1 Pyth Network cost?
The price of Pyth Network is on the rise this week. As of now, PYTH is trading at approximately CA$0.164, marking a 2.16% increase over the last 24 hours and a strong gain of 10.8% over the past week. Its market capitalization stands at about CA$943.2 million, ranking it #93 among cryptocurrencies, with 5.75 billion tokens circulating. The average daily trading volume over the last three months is around CA$30.7 million, representing a market dominance of roughly 0.08%. While Pyth Network’s price shows positive momentum, the cryptocurrency market remains volatile, so it’s wise to monitor these trends closely for potential opportunities and risks.
Metric | Value |
---|---|
Current Price | CA$0.164 |
24h Change | 2.16% |
7-day Change | 10.8% |
Market Cap | CA$943.2 million |
Rank | #93 |
Circulating Supply | 5.75 billion |
3-month Average Daily Volume | CA$30.7 million |
Market Dominance | 0.08% |
Our complete review of the Pyth Network crypto
Are investors underestimating the turnaround potential of Pyth Network after a period of significant recalibration across decentralized oracle infrastructure? Having rigorously analyzed the latest on-chain indicators, technical signals, market data, and competitive developments through our proprietary algorithms, we reveal powerful insights shaping Pyth Network’s trajectory over the last three years. So, why could Pyth Network emerge in 2025 as a strategic entry point within the DeFi data oracle ecosystem?
Recent Performance and Market Context
Recent Price Evolution
In early June 2025, Pyth Network (PYTH) is consolidating near $0.1203, with strong recoveries evidenced over the last quarter following an all-time low of $0.1056 set in April. Notably, PYTH is trading 14.7% above this bottom, and despite retracing ~90% from its 2024 ATH ($1.20), its one-year performance remains impressive at +73%. Fluctuations over six months have been marked by sharp volatility triggered by market-wide risk events and a substantial token unlock, yet daily momentum and recent trading patterns suggest stabilization is in progress.
Positive Developments
- Strategic Sony Group partnership: Deployment of Pyth Price Feeds on Soneium (Sony’s Layer-2)
- Major exchange integrations: Price data partnership with Coinbase International Exchange
- Institutional-grade innovation: Bringing FX feeds on-chain via Integral
- Ecosystem growth: Feedback loops as 1,300+ price feeds and 520+ applications leverage Pyth’s real-time data
A robust $20M+ daily trading volume underpins healthy liquidity and market depth, while programmatic incentives such as the 50M PYTH grants support developer engagement and usage expansion.
Macro and Sector Tailwinds
Sector-wide, the demand for secure, low-latency data feeds continues to accelerate as DeFi, NFT, and derivatives protocols scale multi-chain. Pyth benefits directly from:
- Expanding Layer-1 and Layer-2 adoption
- Institutional appetite for on-chain price certainty
- Robust funding and regulatory clarity, especially in North American and Asian jurisdictions
The token unlock event in May has now been largely priced in, reducing short-term supply pressures and setting the stage for renewed capital inflows as the ecosystem matures and markets recalibrate.
Technical Analysis
Key Crypto Indicators
- RSI (14-day): Ranging 51–56, Pyth is positioned in neutral territory, avoiding overbought risk and offering margin for constructive price action.
- MACD: Absence of sustained negative divergence on daily charts; histogram consolidates above recent lows, supporting potential trend reversal.
- Moving Averages: Price maintains a definitive posture above the major support at $0.109, consolidating above the 50-day and 100-day EMAs.
Support and Bullish Reversal Signals
- $0.109: Well-tested technical base; aggressive buyers repeatedly defend this zone.
- Momentum: Consistently higher lows throughout recent corrective phase point to waning selling pressure.
- Short-term structure: A breakout above $0.1243 may validate a larger upside move, with limited overhead resistance until $0.196.
- Medium-term: Average technical models forecast upside potential in the 40–50% range, with a high-probability scenario for mean reversion toward $0.156–$0.196.
The risk/reward profile at current levels appears notably asymmetric, with volatility retracement providing attractive entry zones for both strategic and opportunistic capital.
Fundamental Analysis
Accelerating Adoption and Ecosystem Strength
- Ecosystem Footprint: Over 100 blockchains and 520+ applications rely on Pyth feeds, reflecting unparalleled integration in the oracle landscape.
- Quality of Data: 1,300+ price feeds and updates every 400ms, supplied by 120+ top-tier institutions (Jane Street, CBOE, Binance, etc.).
- Grant Incentives: Targeted distribution of 50M PYTH for new ecosystem applications, catalyzing sustained protocol participation.
- Growth in Usage: More than 280 million daily updates and $100B+ in supported transaction volume point to accelerating stickiness and institutional buy-in.
Attractive Valuation
- Market Cap: $692M; strong for a top-100 asset with cross-chain utility, yet only 57% of fully diluted valuation (FDV).
- Relative Value: With a MC/FDV ratio of 0.57, Pyth isn’t overextended compared to legacy oracle competitors.
- TVL and Real Utility: Over $1B of total value secured, reinforcing real-world economic anchoring.
- Token Dynamics: Governance and staking further underpin token demand, while structural unlocks are now factored into price.
Competitive Moats
- Innovation: Unique pull oracle mechanism provides user-driven, on-demand on-chain pricing, sharply reducing costs for DeFi projects.
- Network Effects: Largest first-party data oracle by active feeds and network scope; extensive application layer integration protects Pyth’s leadership position.
- Community: Developer-first grants and permissionless onboarding fuel ongoing innovation and protocol resilience.
Volume and Liquidity
- Exchange Activity: $20M+ daily traded across deep liquidity venues (Binance, OKX, MEXC).
- Market Dominance: Consistently in the top quartile by volume among comparable oracles.
- Investor Traction: Increasing institutional coverage and exchange listings directly translate to reduced slippage and stronger investor confidence.
Positioning and Industry Standing
- Rank: #93 on CoinMarketCap; poised for upward mobility if ecosystem growth and on-chain user activity persist.
- Adoption Curve: Growth metrics suggest critical mass nearing for exponential network effects.
Catalysts and Positive Outlook
Ecosystem and Technological Catalysts
- 2025 protocol upgrades: Launch of Pyth Lazer for ultra-fast data
- Cross-chain integrations: Seamless deployment on Ethereum, Solana, Arbitrum, Optimism, Base, and 95+ other networks
- Institutional partnerships: Continued onboarding of regulated financial entities boosts trust and data quality
- Adoption trends: Expansion into structured products, derivatives, and NFT pricing creates diversified use cases
- Regulatory momentum: Favorable utility classification and absence of major legal scrutiny in primary jurisdictions
Upcoming Events and Milestones
- Ongoing grants allocation will extend the dApp ecosystem throughout 2025–2026.
- Potential for further exchange listings and L2-specific launches, reinforcing token accessibility and use cases.
Investment Strategies: Entry Timing and Horizon
Short-Term (weeks to months)
- Positioning on re-tests of key support levels ($0.109–$0.115) may offer optimal risk-adjusted entries, particularly as post-unlock volatility abates.
- Anticipate upside moves on confirmed breaks above $0.1243; technical models suggest swift momentum is possible in the scenario of ecosystem news or further blockchain integrations.
Medium-Term (months to 1 year)
- Targeting accumulation ahead of major milestones: protocol upgrades, new exchange integrations, or announcements of additional institutional data partners.
- Given the market’s recalibration since the May unlock, PYTH appears well structured for mean reversion to its projected technical targets ($0.156–$0.196).
Long-Term (multi-year)
- Strategic positions benefit from historically discounted valuations relative to both ATH and oracle sector leaders (e.g., Chainlink).
- Strong candidate for holding as the role of oracles in cross-chain DeFi, RWAs (real-world assets), and institutional derivatives grows—sector growth underpins expanding TAM for data infrastructure networks.
- Progressive staking and governance program add second-order benefits for patient capital.
Projected Price Evolution of Pyth Network (2025–2029)
Année | Prix projeté (USD) |
---|---|
2025 | 0.153 USD |
2026 | 0.197 USD |
2027 | 0.259 USD |
2028 | 0.313 USD |
2029 | 0.391 USD |
Is Now the Right Moment to Buy Pyth Network?
- Pyth Network’s post-unlock environment presents a highly favorable supply-demand backdrop.
- The protocol is benefiting from accelerating adoption, integration with top institutional partners, and record on-chain activity.
- Valuation metrics remain attractive versus sector peers, with robust liquidity, broad multi-chain support, and a clear technological moat.
- Major upcoming protocol enhancements, growth of the grants program, and deepening DeFi integration provide visible, actionable catalysts.
- Technical structures indicate a potential turning point, with solid base formation and technical targets suggesting measurable upside.
In conclusion, Pyth Network stands out as a structurally sound, increasingly indispensable oracle solution within DeFi and institutional crypto markets. The network’s blended growth, technical resilience, and compelling valuation profile all signal that 2025 could well mark the beginning of a renewed upward cycle for PYTH. For strategic investors seeking exposure to key crypto infrastructure themes, Pyth Network appears to represent an excellent opportunity—particularly at current levels, as the market adjusts to a new regime of supply, adoption, and protocol innovation. The coming quarters may see Pyth Network enter a new bullish phase, as its ecosystem, partnerships, and technology continue to unlock value and structurally drive demand.
How to buy Pyth Network?
It’s easy and safe to buy Pyth Network (PYTH) online through regulated platforms available to Canadian investors. You can purchase PYTH directly via a spot purchase (owning the actual token in your wallet) or trade its price using crypto CFDs (Contracts for Difference). Both methods offer secure access but differ in how you gain exposure to the token. Each approach comes with specific fees and risks, so it’s important to understand the differences. For your convenience, you’ll find a detailed platform comparison further down the page to help you choose the best option for your needs.
Spot Purchase
A spot purchase means you buy actual Pyth Network (PYTH) tokens, which are then stored in your personal wallet—giving you real ownership of the asset. Most Canadian exchanges charge a fixed commission per transaction (for example, $3 to $5 CAD), possibly plus minor network fees.
Important Example
Example: If PYTH is trading at $0.16 CAD per coin, with $1,000 CAD you can buy about 6,250 PYTH, after roughly $5 CAD in fees.
✔️ Scenario: If PYTH rises by 10%, your coins would then be worth $1,100 CAD.
Result: You’d make a gross gain of $100 CAD, a 10% return on your investment.
Trading via CFD
Trading PYTH via CFDs allows you to speculate on its price without actually owning the coins. With CFDs, your main fees are the spread (difference between buy and sell price) and a possible overnight financing fee if you keep your position open overnight.
Important Example
Example: If you put down $1,000 CAD with 5x leverage, your market exposure becomes $5,000 CAD.
✔️ Scenario: If PYTH gains 8%, your position would yield 8% × 5 = 40%.
Result: That’s a $400 CAD gross gain on your $1,000 stake (excluding fees and interest).
Final Tips
Always review and compare platform fees, security features, and trading conditions before investing in PYTH or any other crypto. The best method depends on your goals and experience: spot buying suits those seeking real ownership, while CFDs fit more experienced, risk-tolerant traders.
A comprehensive comparison of supported platforms is provided below to help guide your decision.
Compare the best cryptocurrency exchange platforms in Canada!Compare platforms nowOur 7 tips for buying Pyth Network
📊 Step | 📝 Specific advice for Pyth Network |
---|---|
Analyze the Market | Review PYTH’s recent price history, noting current price near historic lows, its strong long-term rebound (+73% over one year), and market volatility before buying. |
Choose the Right Exchange | Opt for reputable, Canadian-friendly exchanges (e.g. Binance, OKX, MEXC) with strong liquidity for PYTH and direct CAD deposit options for a seamless experience. |
Define Your Investment Budget | Set an investment amount in line with your risk tolerance, keeping in mind the recent token unlocks, liquidity, and typical volatility levels in the crypto sector. |
Choose a Strategy (Timeframe) | Decide if you’re aiming for short-term gains or long-term holding, using Pyth’s network growth and ecosystem developments as guidance for your time horizon. |
Monitor News & Tech Evolution | Follow Pyth’s ecosystem growth, new partnerships (like Sony or Coinbase), and major token events, as these can impact price and investment potential. |
Use Risk Management Tools | Implement stop-loss orders, diversify your portfolio, and avoid overexposure; consider dollar-cost averaging when building a position given historic price swings. |
Sell at the Right Time | Track support (ex: $0.109) and resistance ($0.1243) levels, consider taking profit near targets or after major unlock events, and always factor in your financial goals. |
The latest news about the Pyth Network
Pyth Network’s PYTH token achieved a robust 10.8% price increase over the past 7 days, signaling renewed market optimism. This bullish move stands out as one of the most notable among decentralized oracle networks amidst volatile market conditions, marking a period of outperformance that could attract attention from institutional or retail investors in Canada seeking exposure to innovative DeFi infrastructure. The price now trades 14.7% above its all-time low set in April and is supported by healthy liquidity (over $20 million in daily volume), providing Canadian investors and platforms with accessible trading opportunities through global exchanges such as Binance and OKX.
Pyth Network recently cemented its technology leadership by expanding price feeds to over 100 blockchains and launching advanced tools like Pyth Lazer for low-latency data delivery. These developments significantly broaden Pyth’s cross-chain utility in DeFi, potentially benefitting projects built on Ethereum, Solana, and EVM-compatible networks that have active user and developer bases in Canada. The network now delivers over 280 million price updates daily to more than 520 live applications, enhancing decentralized finance projects and giving Canadian developers more robust infrastructure for integrating accurate and rapid price oracles.
A high-profile partnership with Coinbase International Exchange has been established, enhancing asset pricing integrity with Pyth’s on-chain data feeds. Coinbase, which has continued to increase its footprint in the Canadian crypto market following the formal launch of Coinbase Canada in 2024, could promote immediate relevance of the partnership for Canadian traders, institutions, and fund managers who use Coinbase as a primary platform. This collaboration not only amplifies the credibility of Pyth data across global derivatives and spot markets but might also foster wider local adoption as Canadian crypto participants increasingly favor exchanges with robust and transparent data sources.
Pyth Network initiated a major ecosystem expansion program with a new 50 million PYTH token grants pool to accelerate adoption and development. Such incentive schemes are particularly constructive for Canadian Web3 startups and developers, many of whom are seeking grant funding to build novel dApps or data-intensive DeFi protocols. This move, combined with Pyth’s network effect of over 120 major data providers and over $1 billion in value secured, suggests strong ongoing momentum and increased opportunities for local innovation and community engagement within Canada.
Recent technical analysis points to continued bullish sentiment, with the PYTH price maintaining momentum above significant support and targets set up to 47% higher. Currently, PYTH’s trading range and moving average indicate a technically favorable setup, characterized by RSI values in the neutral zone but leaning positive, which may entice technical traders and quantitative investment platforms in Canada. Should this trend persist, and coupled with positive sector tailwinds, the network’s native token could see increased Canadian institutional allocation as both a strategic governance asset and a DeFi infrastructure play.
FAQ
What is the latest staking yield for Pyth Network?
Pyth Network currently offers a staking mechanism, mainly accessible via the Solana (Pythnet) blockchain. Staking allows PYTH holders to participate in governance and receive programmed rewards, calculated based on the performance of data publishers. Please note: there is no publicly declared fixed yield, and rewards vary depending on network activity. Unstaking tokens is subject to governance rules and may involve lock-up periods.
What are the forecasts for Pyth Network in 2025, 2026 and 2027?
Based on the current price of $0.1203 USD, the forecast for Pyth Network gives an estimated value of around CA$0.180 at the end of 2025, CA$0.240 at the end of 2026, and CA$0.361 at the end of 2027. These outlooks are supported by rapid ecosystem growth (over 100 blockchains, 520+ applications) and increasing institutional adoption. Technical innovation, particularly with the deployment of solutions like Pyth Lazer and the multiplication of prestige partnerships, also supports significant development potential.
Is it the right time to buy Pyth Network?
Pyth Network enjoys a unique position in the decentralized oracle market, with sharply rising adoption and many major partnerships (Sony, Coinbase, Binance, etc.). Its multi-chain model, 1,300+ institutional data feeds, and continually expanding ecosystem provide notable competitive advantages. Furthermore, the growing demand for reliable data for decentralized finance serves as a catalyst for the token’s medium-term valuation.
What taxes apply to capital gains related to Pyth Network in Canada?
In Canada, gains realized when selling crypto assets such as Pyth Network are generally taxed as capital gains when filing your income tax return. 50% of the capital gains are included in taxable income, with no specific exemption or threshold for cryptocurrencies. Canadian investors must declare all transactions, including swaps and conversions, and it is advised to keep accurate records for every operation.
What is the latest staking yield for Pyth Network?
Pyth Network currently offers a staking mechanism, mainly accessible via the Solana (Pythnet) blockchain. Staking allows PYTH holders to participate in governance and receive programmed rewards, calculated based on the performance of data publishers. Please note: there is no publicly declared fixed yield, and rewards vary depending on network activity. Unstaking tokens is subject to governance rules and may involve lock-up periods.
What are the forecasts for Pyth Network in 2025, 2026 and 2027?
Based on the current price of $0.1203 USD, the forecast for Pyth Network gives an estimated value of around CA$0.180 at the end of 2025, CA$0.240 at the end of 2026, and CA$0.361 at the end of 2027. These outlooks are supported by rapid ecosystem growth (over 100 blockchains, 520+ applications) and increasing institutional adoption. Technical innovation, particularly with the deployment of solutions like Pyth Lazer and the multiplication of prestige partnerships, also supports significant development potential.
Is it the right time to buy Pyth Network?
Pyth Network enjoys a unique position in the decentralized oracle market, with sharply rising adoption and many major partnerships (Sony, Coinbase, Binance, etc.). Its multi-chain model, 1,300+ institutional data feeds, and continually expanding ecosystem provide notable competitive advantages. Furthermore, the growing demand for reliable data for decentralized finance serves as a catalyst for the token’s medium-term valuation.
What taxes apply to capital gains related to Pyth Network in Canada?
In Canada, gains realized when selling crypto assets such as Pyth Network are generally taxed as capital gains when filing your income tax return. 50% of the capital gains are included in taxable income, with no specific exemption or threshold for cryptocurrencies. Canadian investors must declare all transactions, including swaps and conversions, and it is advised to keep accurate records for every operation.