Pyth network is a first-party oracle network that provides real-time price data and other market insights to be used by dApps across blockchains.
The price data is updated nearly 2,00,000 times a day, ensuring the preciseness of the data. The protocol uses price data from multiple providers to project a single, aggregated price.
What is a PYTH Token?
PYTH is the native governance token of the Pyth network. The token holders can vote for changes on this Oracle network.
Pyth network’s on-chain development can be streamlined by the token holders, and they can decide on other major issues such as determining the size and denomination of the transaction fee, the amounts to be rewarded to data providers, and the listing of new data feeds.
The current market of the PYTH token can be understood from the following figures.
Current Market Price: $0.4423
Market Capitalization: $1,607,765,386
Fully Diluted Valuation: $4,435,228,369
24 Hour Trading Volume: $199,393,929
Circulating Supply: 3,624,988,956
Total Supply: 10,000,000,000
Maximum Supply: 10,000,000,000
Tokenomics
The token distribution of PYTH coins for various use cases is given in detail in the following table.
Unlocked | Locked | Total | |
Publisher Rewards | 0.5 | 21.5 | 22 |
Ecosystem Growth | 7 | 45 | 52 |
Protocol Development | 1.5 | 8.5 | 10 |
Community and Launch | 6 | 0 | 6 |
Private Sales | 0 | 10 | 10 |
Total | 15 | 85 | 100 |
Pyth Network (PYTH) Price Prediction 2024–2030
The current price of the PYTH token is $0.4423.
The expected long-term price range of the PYTH token, with its yearly low, yearly average, and yearly high prices for the years 2024, 2025, 2026, 2027, 2028, 2029, and 2030 is shown in the table below.
Year | Yearly Low | Yearly Average | Yearly High |
2024 | $0.39 | $0.92 | $0.97 |
2025 | $0.95 | $1.04 | $1.15 |
2026 | $1.31 | $1.50 | $1.61 |
2027 | $1.70 | $1.88 | $2.03 |
2028 | $1.70 | $1.88 | $2.03 |
2029 | $2.10 | $2.31 | $2.42 |
2030 | $2.99 | $3.21 | $3.31 |
Pyth Network (PYTH) Price Prediction 2024
The detailed price prediction data of PYTH tokens for the year 2024 is given in the table below.
Year | Low Price | Average Price | High Price |
---|---|---|---|
June 2024 | $0.44 | $0.44 | $0.44 |
July 2024 | $0.37 | $0.41 | $0.95 |
August 2024 | $0.38 | $0.73 | $0.93 |
September 2024 | $0.37 | $0.55 | $0.96 |
October 2024 | $0.39 | $0.92 | $0.96 |
November 2024 | $0.39 | $0.79 | $0.96 |
December 2024 | $0.39 | $0.85 | $0.94 |
Pyth Network (PYTH) Price Prediction 2025
The detailed price prediction data of PYTH tokens for the year 2025 is given in the table below.
Year | Low Price | Average Price | High Price |
January 2025 | $0.95 | $1.00 | $1.04 |
February 2025 | $0.94 | $0.97 | $1.15 |
March 2025 | $0.95 | $0.97 | $0.98 |
April 2025 | $0.93 | $1.03 | $1.09 |
May 2025 | $0.94 | $1.03 | $1.14 |
June 2025 | $0.94 | $0.95 | $1.00 |
July 2025 | $0.93 | $1.01 | $1.04 |
August 2025 | $0.95 | $0.98 | $1.02 |
September 2025 | $0.95 | $1.01 | $1.15 |
October 2025 | $0.95 | $1.04 | $1.11 |
November 2025 | $0.94 | $0.98 | $1.00 |
December 2025 | $0.94 | $1.01 | $1.03 |
Pyth Network (PYTH) Price Prediction 2030
The detailed price prediction data of PYTH tokens for the year 2030 is given in the table below.
Year | Low Price | Average Price | High Price |
January 2030 | $2.98 | $3.09 | $3.31 |
February 2030 | $2.97 | $3.08 | $3.13 |
March 2030 | $2.98 | $3.01 | $3.16 |
April 2030 | $2.98 | $3.18 | $3.28 |
May 2030 | $2.99 | $3.06 | $3.29 |
June 2030 | $2.98 | $3.04 | $3.26 |
July 2030 | $2.99 | $3.02 | $3.22 |
August 2030 | $2.98 | $3.18 | $3.24 |
September 2030 | $2.99 | $3.05 | $3.22 |
October 2030 | $2.98 | $3.02 | $3.15 |
November 2030 | $2.97 | $3.16 | $3.31 |
December 2030 | $2.97 | $3.21 | $3.27 |
Where and How To Buy PYTH Tokens?
You can purchase PYTH tokens from the following cryptocurrency exchanges.
- Gate.io
- Binance
- TokyoCrypto
Follow these steps to buy PYTH coins.
Select an exchange from the above list and create an account on it. Provide the required personal details for KYC verification.
Connect a suitable crypto wallet or other payment methods such as credit cards, debit cards, or bank transfers for making the payment.
Make sure that you have enough base currency to exchange for PYTH tokens as well as to pay the transaction fee.
On the purchase page of the exchange, you can exchange the base currency for PYTH tokens and complete the transaction according to the instructions given.
Make sure that the purchased tokens have been credited to your account.
Is PYTH a Profitable Buy in 2024–2030?
The current market sentiment of PYTH tokens is neutral with 12 technical analysis indicators showing bullish trends and 7 technical analysis indicators showing bearish trends.
The 50-day SMA of PYTH tokens is $0.500169. In 2025, the price is predicted to increase by 367.28%, and in 2030, the price will rise by 300.81%.
The final verdict is that PYTH tokens are a profitable investment in 2024–2030. But always remember that you should make informed decisions before investing and not fall prey to the volatility and general instability of the crypto market.