PYTH soars 49% as US Commerce Department adopts blockchain for economic data release

The price of PYTH token surged by 49.5% after the U.S. Commerce Department announced a groundbreaking partnership with Pyth Network to release official economic data onchain. This unprecedented move signifies a significant shift in how government data is accessed and shared. The department will now publish its economic statistics directly on the blockchain, bringing transparency, accessibility, and trust to financial markets.