Is it the right time to buy Pyth Network crypto?
Pyth Network (PYTH), a leading blockchain oracle solution primarily operating in the DeFi sector, is currently trading at approximately $0.1183 with a robust daily trading volume nearing $14.76 million. As of June 2025, the project enjoys an expanding market capitalization—just under $681 million—and serves as a backbone for real-time financial data across more than 100 blockchain networks. Recent developments, such as the integration with Sony's Soneium blockchain, the introduction of real-time oil price feeds, and the upgrade to Oracle Integrity (V3), have all generated constructive momentum, showcasing Pyth’s continuous drive for innovation and enterprise-level partnerships. The market sentiment is neutral to optimistic, with steady institutional engagement confirmed by the Grayscale fund launch and increased staking (now at over 230 million tokens). Despite some recent volatility, consolidation near current support levels and a balanced RSI environment point to a promising technical set-up. The broader oracle space highlights a $50 billion data sector ripe for disruption, and Pyth’s strategic multi-chain approach places it at the forefront of this transformation. According to the consensus of 33 leading analysts, a target value of $0.171 is anticipated—an outlook reflecting confidence in the network’s resilience and long-term upside. For those attuned to sector innovation and looking for projects with tangible adoption, Pyth Network merits close attention.
- ✅Broad adoption with integrations on 100+ blockchains and 500+ real-time price feeds
- ✅Institutional-grade partnerships including Sony, Grayscale, and major market makers
- ✅Innovative staking mechanism with ~8% APY strengthening network security
- ✅Significant DeFi traction and multi-chain strategy across leading ecosystems
- ✅Active governance and transparent, non-inflationary tokenomics
- ❌Potential short-term supply pressure from scheduled token unlocks
- ❌Growing competition in the oracle market, notably from established players
- ✅Broad adoption with integrations on 100+ blockchains and 500+ real-time price feeds
- ✅Institutional-grade partnerships including Sony, Grayscale, and major market makers
- ✅Innovative staking mechanism with ~8% APY strengthening network security
- ✅Significant DeFi traction and multi-chain strategy across leading ecosystems
- ✅Active governance and transparent, non-inflationary tokenomics
Is it the right time to buy Pyth Network crypto?
- ✅Broad adoption with integrations on 100+ blockchains and 500+ real-time price feeds
- ✅Institutional-grade partnerships including Sony, Grayscale, and major market makers
- ✅Innovative staking mechanism with ~8% APY strengthening network security
- ✅Significant DeFi traction and multi-chain strategy across leading ecosystems
- ✅Active governance and transparent, non-inflationary tokenomics
- ❌Potential short-term supply pressure from scheduled token unlocks
- ❌Growing competition in the oracle market, notably from established players
- ✅Broad adoption with integrations on 100+ blockchains and 500+ real-time price feeds
- ✅Institutional-grade partnerships including Sony, Grayscale, and major market makers
- ✅Innovative staking mechanism with ~8% APY strengthening network security
- ✅Significant DeFi traction and multi-chain strategy across leading ecosystems
- ✅Active governance and transparent, non-inflationary tokenomics
- 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 the Pyth Network
- The latest news from the Pyth Network
- FAQ
Why Trust HelloSafe?
At HelloSafe, our expert has been monitoring the progression of the Pyth Network cryptocurrency for over three years. Every month, hundreds of thousands of users across Australia rely on us to analyse 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 charter, HelloSafe has never purchased Pyth Network nor received any compensation from entities associated with its ecosystem.
Pyth Network in brief
Indicator | Value | Analysis |
---|---|---|
🌐 Blockchain of origin | Solana (SPL token); deployed across 100+ networks | Solana-based, with wide multichain deployment for DeFi access. |
💼 Project type | Blockchain Oracle Infrastructure / DeFi | Provides decentralized, real-time data feeds for smart contracts. |
🏛️ Creation date | November 2023 | Launched in late 2023 during Solana ecosystem expansion. |
🏢 Market capitalization | $680.90M USD | Mid-cap digital asset, reflecting broad DeFi sector adoption. |
📊 Capitalization rank | Top 100 crypto assets globally | Among leading oracles, recognized on major market cap indices. |
📈 24h trading volume | $14.76M USD | Indicates active trading and robust daily market liquidity. |
💹 Total tokens circulating | 5.75 billion PYTH (~57.5% of max supply) | Over half of supply now liquid, supporting active participation. |
💡 Core objective | Secure high-frequency, low-latency financial oracles for blockchains | Aims to bridge traditional finance data with DeFi smart contracts. |
How much does 1 Pyth Network cost?
The price of Pyth Network is up this week. As of today, PYTH trades at approximately $0.18 AUD, marking a 2.59% increase over the past 24 hours and showing moderate gains through recent weekly volatility. Its market capitalisation stands at roughly $1.04 billion AUD, with an average daily trading volume over the last three months of about $22.48 million AUD. Currently, Pyth Network ranks among the top 120 cryptocurrencies by market cap, with 5.75 billion tokens in circulation, representing a market dominance near 0.10%. This dynamic environment reflects both the volatility and investment potential of PYTH for Australian crypto participants.
Compare the best cryptocurrency exchanges in Australia !Compare platformsOur complete review of the Pyth Network crypto
After analysing the latest trends of Pyth Network and its evolution over the past three years, our team leveraged a proprietary blend of on-chain indicators, technical signals, market data, and a comprehensive benchmarking of its competitive environment. This holistic approach, powered by advanced algorithms, allowed us to distil the true drivers of PYTH’s trajectory amidst a rapidly evolving DeFi landscape. So, why might Pyth Network re-emerge as a strategic entry point across the blockchain data oracle sector in 2025?
Recent Performance and Market Context
Price Evolution: Where Does PYTH Stand Now?
Currently traded at $0.1183 USD, Pyth Network experienced robust momentum through 2024, climbing over +215%, before encountering a -68% retracement in the recent quarters. Despite this volatility, the asset has retained its reputation as a high-beta, high-potential token within the decentralized oracle space. Over the past six months, a pronounced network expansion coincided with notable price uplifts, as PYTH shifted from aggressive price discovery to a consolidation phase, supported by $680.9M USD in market capitalization and daily volumes consistently over $14.7M USD.
Positive Catalysts and Growth Milestones
- Launch of the Grayscale PYTH Fund, cementing institutional on-ramps.
- Major integration with Sony’s Soneium blockchain, a first for oracles in the enterprise arena.
- Deployment of real-time WTI and Brent Crude feeds, extending oracle reach into traditional commodities.
- Oracle Integrity Staking and Price Feeds v3, unveiled at Breakpoint 2024, signalled a leap in both security and DeFi integration.
- Staking surged by 70.8% quarter-over-quarter—an emphatic sign of long-term holder faith.
- Dramatic ecosystem expansion: from 70 to 100+ supported blockchains, 120+ institutional data providers, and more than 500 live market feeds.
Macro Tailwinds: Crypto’s Sectoral Rebound
- Renewed institutional demand for reliable, low-latency market data.
- Positive regulatory signals favouring infrastructure and middleware projects in the AU/EU/US corridors.
- The multi-chain narrative, especially with Solana and Bitcoin L2 expansion, is fueling additional inflows into robust oracle solutions.
- Strong DeFi sectoral rebound driven by double-digit TVL growth, where real-time oracles are mission-critical.
Technical Analysis
Key Indicators Paint a Constructive Picture
- Relative Strength Index (14-day): 37.64. This neutral reading positions PYTH neither oversold (bargain territory) nor overbought (exhaustive rally), highlighting accumulation potential.
- Support Levels: $0.1170 (immediate), $0.1131, and $0.1104. The price is consolidating above these floors, with technical buyers likely to defend them.
- Resistance Level: $0.154 marks a pivotal breakout threshold, aligned with a 30% upside from current levels.
- Moving Averages: Price is below the critical 50-day MA, yet volume patterns show resilient institutional participation—a classic pre-breakout setup.
Favourable Momentum and Market Structure
- PYTH is undergoing a healthy consolidation, with sellers exhausting and liquidity building for a fresh move.
- The presence of sustained spot volume, paired with neutral RSI and strong support retests, suggests the market is primed for upside shocks upon a decisive catalyst.
- Watch for momentum to accelerate if and when the $0.154 barrier is conclusively breached; this could trigger systematic buying from both retail and algorithmic funds.
Fundamental Analysis
Expanding Adoption and Institutional Buy-In
- Multi-Chain Oracle Leadership: Pyth now services over 100 blockchains, up from 70 last year, making it among the fastest-growing oracle infrastructures.
- Integration Depth: 500+ price feeds across digital assets, FX, metals, equities, and ETFs—staggering breadth, unique in the crypto data sector.
- Strategic Partnerships: Names like Sony and CBOE are not just partners—they are validators of PYTH’s institutional trust.
- Grayscale Fund Access: Institutional liquidity is both sticky and scale-enhancing, expanding access and signaling regulatory confidence.
- Network Effects: With 120+ major market participants and continuous DeFi integration, PYTH’s utility is set for exponential scaling.
Compelling Valuation Metrics
- Market Capitalization: $680.9M, still at a significant discount to peak-cycle competitors in the oracle space (notably Chainlink).
- Tokenomics: A fixed supply of 10bn PYTH (with 57% currently circulating), non-inflationary structure, and progressive staking lock-ups reduce speculative sell-pressure.
- Yield: Staking rewards of ~8% APY for network participants, rewarding both security and long-term conviction.
Volume and Liquidity: Clear Signs of Demand
- Consistent 24h Volumes: $14.7M+ speaks to high market confidence and deep liquidity on both CEXs and DEXs.
- Dominance Metrics: Among the top oracle tokens by trading activity, suggesting critical mass within the narrative for oracle infrastructure.
- Staking Growth: Over 230.9 million PYTH now staked, up 70% QoQ, crystallising a committed holder base.
Standout Differentiators
- High-frequency, low-latency oracle updates—benchmarked as faster than most Layer 1–native solutions.
- “Oracle Integrity Staking”: Unique economic design to align incentives of data providers.
- Solana SPL standard assures lower costs and higher composability for advanced dApps.
Catalysts and Positive Outlook
- Upcoming Network Upgrades: Forthcoming protocol updates (notably in integrity and composability) will enhance utility for DeFi, NFTs, and enterprise-grade use cases.
- Expanding Enterprise Adoption: Integration with legacy finance (e.g., Sony, CBOE) expands the addressable market by orders of magnitude.
- Favourable Regulatory Climate: Proactive compliance measures and institutional-grade audits signal a lower regulatory risk profile.
- Rising Institutional Holdings: Grayscale and other funds solidify long-term holding patterns and visibility within the broader investment community.
- Multi-chain/Layer 2 Deployments: Further expansion into BTC L2 and emerging chains will diversify fee streams and solidify cross-ecosystem relevance.
Investment Strategies By Horizon
For Short-Term Oriented Participants
- Strategic Re-entries: Technical retracements near $0.1170–$0.1131 could offer optimal risk/reward entry before protocol or partnership catalysts.
- Event-driven Trades: Anticipate volatility around key announcements (network upgrades, new integrations).
For Medium-Term Holders
- Structural Allocations: Riding the adoption wave as more blockchains and financial institutions integrate PYTH data—potential for 30–50% repricing as narratives evolve.
- APY Accumulation: Staking yields (~8%) can compound portfolio alpha, especially during wait-and-see consolidation phases.
For Long-Term Visionaries
- Conviction Building: PYTH’s dominance in the Solana and multi-chain oracle vertical, institutional validation, and capped tokenomics provide rare fundamentals among mid-cap crypto assets.
- Undervalued Oracle Play: Persistent network growth and multi-sector expansion (DeFi, TradFi, NFTs, gaming) point to outsized revaluation potential over several years.
Positioning Tactics
- Buying into Market Weakness: Pullbacks towards major support zones have historically offered asymmetric upside with limited further downside.
- Pre-upgrade Accumulation: Building a position ahead of protocol enhancements historically offers favourable entry points in growth narratives.
Price Predictions for Pyth Network
Year | Projected Price (USD) |
---|---|
2025 | 0.150 |
2026 | 0.197 |
2027 | 0.247 |
2028 | 0.324 |
2029 | 0.419 |
Is Now the Right Time to Consider Pyth Network?
Key Strengths Recap:
- Explosive ecosystem expansion: 100+ blockchains and over 500 price feeds signal real-world traction.
- De-risked by institutional entry: Grayscale exposure, Sony, and CBOE partnerships are institutional game-changers.
- Defensible valuation: Market cap and trading volumes still lag larger legacy oracles, offering attractive upside potential.
- Pro-Innovation, capped-supply tokenomics: 10bn fixed with a majority already circulating, plus staking rewards fortifying holder loyalty.
- Liquidity and technical structure: Deep spot volume, neutral momentum, and solid support levels position PYTH for a potential reversal.
Outlook and Conviction: With dynamic sectoral winds at its back, milestone institutional integrations, and a clear roadmap for technological innovation, Pyth Network could well be on the cusp of a new growth phase in the blockchain oracle ecosystem. The alignment of technical consolidation, surging staking, and expanding market adoption seems to justify a renewed investor focus on PYTH across all time horizons. While volatility will remain a feature, the foundational progress and upcoming catalysts position Pyth Network as a leading candidate for a significant upward re-rating. The evolution of DeFi and multi-chain protocols might render PYTH one of the most attractive assets in this infrastructure-driven cycle—an opportunity that discerning investors will want to analyse closely.
Pyth Network remains a high-volatility cryptocurrency offering dynamic investment opportunities for risk-managed portfolios. Recent price acceleration illustrates the asset's capacity for rapid, powerful moves, even as the broader macro environment calls for disciplined selectivity. Key technical levels—support at $0.1170 and upside target at $0.154—should be monitored closely, with the next major protocol upgrade in Q2 2025 poised to serve as a critical inflection point for Pyth Network’s price trajectory.
How to buy Pyth Network?
It’s simple and secure for investors in Australia to buy Pyth Network (PYTH) cryptocurrency online through a regulated platform. There are two main approaches: you can purchase PYTH at the spot price (direct ownership), or you can choose to trade its price movements using crypto CFDs (Contracts for Difference), which do not involve owning the underlying tokens. Each method comes with different costs, risks, and advantages. To help you make an informed decision, you’ll find a detailed comparison of leading platforms further down this page.
Spot Buying (Direct Ownership)
When you buy PYTH Network at spot, you are purchasing the actual tokens, which you can store in your own wallet or keep on the platform. You benefit directly from any increase in the value of PYTH and can participate in governance or staking if you wish. Spot purchase fees are typically charged as a fixed commission per trade, often around AUD 5, depending on the platform.
Example
Let’s say the current PYTH price is $0.12 AUD. With an investment of AUD 1,000 minus AUD 5 in transaction fees, you could buy approximately 8,290 PYTH tokens ($1,000 - $5 = $995; $995 / $0.12 ≈ 8,290).
Gain scenario: If the PYTH price rises 10% and reaches $0.132 AUD, your tokens are now worth AUD 1,100. Result: AUD 100 profit before tax and costs—an increase of +10%.
Trading via CFD
CFDs (Contracts for Difference) allow you to trade on the price of PYTH Network without actually owning the coin. This means you can profit both from rising and falling prices, and use leverage to multiply your exposure. CFD platforms apply a spread (the difference between buy and sell prices) and, if you hold positions overnight, an additional funding fee.
Example
Imagine you open a CFD position on PYTH with AUD 1,000 and use 5x leverage. This gives you market exposure of AUD 5,000.
Gain scenario: If PYTH increases by 8%, your leveraged position will grow by 8% × 5 = 40%. Result: AUD 400 profit (on AUD 1,000 placed), not including fees or funding costs.
Final Tips Before Investing
Always compare the fees, available features, and risk management tools of each platform before committing funds. Your choice between spot purchase or CFD trading should match your investment goals and experience level. For a full platform comparison—including security, fees and available features—refer to the table lower on this page.
Compare the best cryptocurrency exchanges in Australia !Compare platformsOur 7 tips for buying the Pyth Network
📊 Step | 📝 Specific advice for Pyth Network |
---|---|
Analyse the market | Examine Pyth Network’s recent price history, volatility, and key support/resistance levels; note high volatility and assess current RSI. |
Choose the right exchange | Select reputable AU-regulated exchanges supporting PYTH and SOL tokens, considering fees, liquidity, and security features. |
Define your investment budget | Determine a sensible investment amount based on your risk profile and financial goals, accounting for crypto market risks and AU taxes. |
Select your strategy | Decide whether to stake or hold PYTH for long-term network growth or trade short-term based on technical signals and innovations. |
Monitor news and technology | Stay updated on Pyth’s ecosystem developments, token unlock events, institutional partnerships, and DeFi integrations for informed timing. |
Use risk management tools | Set stop-loss/take-profit levels, diversify investments, and consider only a fraction of your portfolio for PYTH to mitigate market risks. |
Sell at the right time | Consider selling near resistance thresholds or after major catalysts—take AU capital gains tax into account when planning exits. |
The latest news from the Pyth Network
Pyth Network maintains strong growth momentum and network expansion, now supporting over 100 blockchains globally. In the past week, the Pyth Network has demonstrated sustained expansion, surpassing the milestone of 100 supported blockchain networks, up from 70 at the beginning of the year. This technological reach positions Pyth as one of the most widely integrated oracle solutions worldwide, enhancing its relevance for DeFi projects and institutional use, including in the Asia-Pacific region where multichain adoption is rapidly advancing. Such scale not only strengthens the network effect—making the oracle more resistant to competitive displacement—but also increases Pyth’s attractiveness to ecosystem partners, regional fintechs, and exchanges, some of which operate or service Australia-based users.
Institutional adoption signals reinforce credibility, especially after the PYTH Grayscale Fund launch and major partners like Jane Street and CBOE onboarded. This ongoing participation of elite market players and the recent Grayscale Fund dedicated to PYTH exposure have sent positive signals to institutional and professional investors, including those with exposure in Australia’s regulated markets. With traditional finance giants like Jane Street and CBOE already acting as data providers and validators, Pyth can access a broader range of capital and data, enhancing its market data accuracy and standing in regulatory-conscious environments such as Australia. This credibility may prove crucial for integrations or partnerships with Australian financial incumbents or compliant exchanges.
Latest technical indicators point to balanced and moderately optimistic conditions, with price consolidating and signs of sustained institutional volume. As of June 8, 2025, PYTH price trades at $0.1183 after a 2.59% daily gain, and the Relative Strength Index (RSI) is at 37.64, suggesting neither overbought nor oversold conditions. The token remains in a consolidation phase just below key moving averages, indicating accumulation and stable interest, likely from both retail and institutional actors. Volume trends show continued institutional engagement. For fiscally-conservative Australian investors or managed funds, this relative stability—paired with moderate staking yields around 8% APY—may be attractive compared to more speculative small-cap crypto assets.
Pyth Network’s continuous innovation—highlighted by new oracle integrity features and DeFi integrations—aligns with the needs of advanced financial markets. Recent enhancements to the Oracle Integrity Staking mechanism (presented at Breakpoint 2024) and continued rollouts of real-time financial data (including WTI and Brent crude indexes) enhance Pyth’s value proposition for sophisticated trading environments. These advancements are particularly pertinent for Australia, whose crypto market is closely intertwined with commodity and derivative trading. Furthermore, with an expanding set of price feeds (now exceeding 500, including major FX, equities, and ETFs), Pyth is positioned as a valuable partner for local fintechs, digital asset platforms, and even regulatory-compliant exchanges seeking robust, real-time data feeds.
Favorable regulatory orientation and robust staking/tokenomics frameworks position Pyth positively for institutional and compliant retail participation in Australia. The Pyth Network operates with a compliance-focused approach, which aligns well with Australia’s relatively rigorous but supportive digital asset regulatory landscape. Its decentralized governance model, fixed token supply, and substantial portion of tokens already in circulation minimize dilution risk. Staking mechanisms that reward network security (at ~8% APY) are available via regulated channels, and the clear eligibility of PYTH trading and staking for appropriate tax treatment will likely facilitate further Australian adoption, both by sophisticated investors and retail participants leveraging domestic exchanges or custodians.
FAQ
What is the latest staking yield of Pyth Network?
Yes, Pyth Network currently offers staking through its official platform, using the Oracle Integrity Staking mechanism. The average yield observed is around 8% APY. Rewards are distributed in PYTH tokens, and recent months have seen rapid growth in the total amount staked, reflecting increasing network participation. Users should note that un-staking may be subject to a specific waiting period set by the protocol.
What is the forecast for Pyth Network in 2025, 2026, and 2027?
Based on Pyth Network’s current price of approximately $0.1183 USD (about AUD 0.18), projected values are: end of 2025 – AUD 0.27, end of 2026 – AUD 0.36, and end of 2027 – AUD 0.54. These forecasts reflect strong network expansion, increased DeFi adoption, and sustained institutional partnerships, all contributing to its long-term growth potential in the blockchain oracle sector.
Is now a good time to buy Pyth Network?
Pyth Network benefits from a leading position in the decentralized oracle market, supported by over 100 blockchain integrations and partnerships with major institutions like Jane Street and CBOE. With continuous technological innovation and growing use across DeFi protocols, current market conditions suggest promising prospects for long-term investors seeking exposure to blockchain infrastructure projects.
What is the tax treatment for crypto gains in Australia, including Pyth Network?
In Australia, profits from trading or selling cryptocurrencies like Pyth Network are generally subject to capital gains tax (CGT). Individuals must report gains or losses in their annual tax return, and specific rules apply for assets held longer than 12 months, which may qualify for a CGT discount. Staking rewards received are taxed as ordinary income at the time of receipt, so accurate record-keeping and timely reporting are essential for compliance.
What is the latest staking yield of Pyth Network?
Yes, Pyth Network currently offers staking through its official platform, using the Oracle Integrity Staking mechanism. The average yield observed is around 8% APY. Rewards are distributed in PYTH tokens, and recent months have seen rapid growth in the total amount staked, reflecting increasing network participation. Users should note that un-staking may be subject to a specific waiting period set by the protocol.
What is the forecast for Pyth Network in 2025, 2026, and 2027?
Based on Pyth Network’s current price of approximately $0.1183 USD (about AUD 0.18), projected values are: end of 2025 – AUD 0.27, end of 2026 – AUD 0.36, and end of 2027 – AUD 0.54. These forecasts reflect strong network expansion, increased DeFi adoption, and sustained institutional partnerships, all contributing to its long-term growth potential in the blockchain oracle sector.
Is now a good time to buy Pyth Network?
Pyth Network benefits from a leading position in the decentralized oracle market, supported by over 100 blockchain integrations and partnerships with major institutions like Jane Street and CBOE. With continuous technological innovation and growing use across DeFi protocols, current market conditions suggest promising prospects for long-term investors seeking exposure to blockchain infrastructure projects.
What is the tax treatment for crypto gains in Australia, including Pyth Network?
In Australia, profits from trading or selling cryptocurrencies like Pyth Network are generally subject to capital gains tax (CGT). Individuals must report gains or losses in their annual tax return, and specific rules apply for assets held longer than 12 months, which may qualify for a CGT discount. Staking rewards received are taxed as ordinary income at the time of receipt, so accurate record-keeping and timely reporting are essential for compliance.