Pyth Network Debuts PYTH Reserve for Monthly Purchases

The new system links adoption directly to PYTH’s long-term value through transparent, rule-based treasury actions.

Parth Dubey By Parth Dubey Hamza Tariq Editor Hamza Tariq Updated 4 mins read
Pyth Network Debuts PYTH Reserve for Monthly Purchases

Key Notes

  • Pyth Network has launched the PYTH Reserve.
  • The goal is to turn protocol revenue into steady monthly token purchases.
  • PYTH is up 3.5% as data points to a possible surge to the $0.12-$0.18 range.

Pyth Network PYTH $0.0661 24h volatility: 2.5% Market cap: $380.56 M Vol. 24h: $27.60 M has announced the launch of the PYTH Reserve, a system that uses protocol income into monthly open-market purchases of the PYTH token.

The announcement has resulted in a 4% spike in the token’s price, currently around $0.06698.

Launched in 2021, Pyth has grown from a small market onchain data effort into a major part of global financial infrastructure.

During this time, the network supported more than $2.3 trillion in total trading volume. The team now aims to focus on long-term value creation.

How the PYTH Reserve Works

Pyth’s revenue comes from four main products: Pyth Pro, Pyth Core, Pyth Entropy, and Pyth Express Relay.

Each product sits at a different stage of growth, and each attracts a different set of users. The mix creates a stable and growing income path.

The Reserve uses protocol revenue in a transparent and rule-based process. A portion of the funds reaches the PYTH DAO Treasury, which then uses one-third of its balance every month to buy PYTH tokens on the open market.

This purchasing method averages entry price point over time and scales proportionally as Pyth Network grows. These tokens become part of the Reserve and support its own long-term value.

The system also includes quarterly pricing checks led by the Pythian Council. The council reviews onchain activity, compares pricing across the market, and adjusts fees if required to increase revenue.

Pyth Network Eyes $500M Yearly Income

The wider market for financial data shows a major opportunity. Pyth noted that institutions spend nearly $50 billion per year on such data.

The prices from older providers have increased more than 50% in the past three years.

Pyth is planning to capitalize on this opportunity. It is working on offering a simple, transparent subscription with real-time updates across all asset classes.

If the network captures even 1% of this market, it could reach $500 million in yearly income, which would then expand the PYTH Reserve.

PYTH Token Price Action

Pyth’s native token has recorded a strong move on December 12 amid a broader market rebound.

On the daily chart, the PYTH token has been forming a falling wedge structure since September.

The price now seems to be breaking out of this pattern. If it happens, PYTH traders can set their eyes on the $0.12 price target, where earlier activity formed a heavy zone.

A stronger move could aim for a 150% rally to the $0.16-$0.18 region, which lines up with past supply.

pyth daily chart

PYTH daily chart with falling wedge. | Source: TradingView

However, a breakout failure could pull the price back toward the lower boundary of the wedge. For buyers, the immediate support lies around $0.05, which has been repeatedly tested by PYTH.

Bitcoin Hyper Presale Rockets Past $29M as Investors Chase Faster BTC Solutions

Amid PYTH price surge, another emerging project, Bitcoin Hyper (HYPER), is gaining momentum. The project is in its presale phase and aims to bring faster transactions and broader functions to the Bitcoin BTC $92 206 24h volatility: 2.3% Market cap: $1.84 T Vol. 24h: $57.01 B network.

This Bitcoin Layer 2 system aims to address long-standing issues linked to Bitcoin, like slow settlement times and the lack of native smart contract support.

Bitcoin Hyper routes activity through an optimized virtual machine that processes transactions quickly and at lower cost. The final settlement still takes place on Bitcoin’s main chain, which preserves strong security.

HYPER Tokenomics and Presale Details

The HYPER token serves as the central asset of the Bitcoin Hyper ecosystem. It is used for gas fees, staking and access to various planned features. The token allows holders to participate in community decisions and use DeFi tools that the project will offer.

The HYPER token is priced at $0.013415 during the ongoing crypto presale phase. The project has already raised over $29.3 million so far, and the next price change is set to happen soon.

If you’re interested, feel free to check out our guide on how to buy Bitcoin Hyper.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

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Parth Dubey

A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.

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