The PYTH token experienced a dramatic surge of over 70% after being recognized by the US Department of Commerce for its role in verifying and distributing official economic data on blockchain networks. This selection sets a precedent, demonstrating blockchain technology’s potential to revolutionize governmental data management, and highlights the vital roles of decentralized data oracles such as Pyth Network and Chainlink. 24 hours after the announcement, PYTH surpassed $0.20 per token, a new record high since February, pushing its market capitalization beyond one billion dollars. Trading volume surged over 2,700% during this time, reflecting significant market interest. While nine blockchains including Bitcoin, Ethereum, Solana, Tron, Stellar, and Avalanche will publish quarterly GDP figures, the PYTH Network emerged as the only token to witness such substantial gains. This announcement followed recognition of Pyth Network and Chainlink as key oracle partners critical for data dissemination and security across these blockchains. As a decentralized oracle system, Pyth Network provides real-time financial market data directly to blockchain platforms. It facilitates seamless integration of offchain economic indicators—such as stock prices, foreign exchange rates, and commodity values—into DeFi applications. The US government’s endorsement of blockchain-based data verification builds on the broader pro-crypto agenda in the Trump administration. This push aims to accelerate digital asset innovation and adoption. This initiative follows recent legislative successes like the GENIUS Stablecoin Act and progressive market structure bills currently moving through the Senate, showcasing growing institutional acceptance for cryptocurrencies. This development highlights the increasing trust and integration of blockchain oracles in official economic processes. It promises a more transparent and secure approach to data handling within government operations.