PYTH Soars 91%: Blockchain Deal with U.S. Government Drives Explosive Price Surge

PYTH has experienced a remarkable surge in value, skyrocketing by over 90% following its selection by the US government to facilitate the distribution of on-chain economic data. This move marks a significant milestone in blockchain adoption and has sent ripples through the crypto market. The news came as a major catalyst for the token’s price action, with traders celebrating a rally that saw trading volume soar past $2.1 billion within 24 hours, according to sources.