The Pyth Network token surged 76% to trade at $0.2124 after the U.S. government selected it and Chainlink to put GDP data on-chain. This move sent volume soaring 9,160%, marking a rare bright spot in a mostly red market where Bitcoin fell almost 3%. Major altcoins saw significant losses, including Cronos (CRO), Hyperliquid (HYPE), Ethereum (ETH), and XRP (XRP). Other major losers included SPX6900, Aerodrome Finance, and Raydium. While PYTH was the top gainer, Four (FORM) rose 2.8%, KuCoin Token (KCS) gained almost 2%, and Ethena (ENA) climbed just over 1%. The U.S. Department of Commerce selected Pyth Network to verify & distribute economic data on-chain following a historic move that highlights the potential for blockchain transparency in economic reporting. The initiative comes at a time when the government seeks to decentralize official statistics.