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Pyth update (Patreon)

Published:
2025-08-29 01:16:31
Imported:
2026-06
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Content

Well PYTH is for real.

As you may recall, I exited my PYTH position in the May 11th, 2024 trade alert ahead of the scheduled unlock.

Now, it has been officially confirmed that the U.S. Department of Commerce has selected Pyth Network to verify and distribute economic data on-chain. THIS IS A HUGE WIN for not only PYTH but also the Solana Ecosystem... basically it could mean SOLANA is on Lutnicks Radar.... NOT CHAINLINK.

It’s also worth noting that the ATR model is signaling caution. This is primarily due to the large unlocks, which introduce significant dilution and make it challenging for the asset to sustain upward momentum.

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Comments

Oliver Cavanagh

OH. MY. GOD. James I know you're busy but do you fact check anything you're sent/read and challenge your own biases? Pyth is providing one price feed. CHAINLINK (that you're smack talking) is proving multiple. They're just using Pyth on SOL it seems. Chainlink everywhere else. You're simply misleading your followers with your lack of DD and research.

Ben
>>185495821

Yeah James is not a critical thinker. He's just good with data, but then gets emotionally attached to it

Ambessa

Umm, this is misleading…

halfwit

unlocks until 2026

Peace and Wealth

What’s wrong with Jupiter, can’t reliably exit perp trades without it getting stuck on “pending wallet signature “ screen… massively frustrating!!!

El Terrifico

It really is a sh*tty bull market

Cryptoforcepureblood

The U.S. Department of Commerce recently announced a collaboration with Chainlink and Pyth Network to publish official macroeconomic data, such as gross domestic product (GDP) figures, on-chain for the first time. 0 2 5 This initiative, which began with the Q2 2025 GDP data release on August 28, 2025, involves disseminating a cryptographic hash of the data (along with the topline GDP figure) via these oracle networks to ensure tamper-resistant, verifiable distribution. 11 The data is being released across nine major blockchains: Arbitrum One, Avalanche, Bitcoin, Ethereum, Optimism, Polygon PoS, Solana, Stellar, and TRON. 6 7 8 11 Exchanges including Coinbase, Gemini, and Kraken are also involved as partners to facilitate the publishing process, such as by procuring cryptocurrencies to cover transaction fees. 3 10 11 Chainlink is specifically providing data feeds for additional metrics like the Personal Consumption Expenditures (PCE) Price Index and Real Final Sales to Private Domestic Purchasers, with initial availability on ten blockchain ecosystems (including some overlaps like Arbitrum, Avalanche, Ethereum, and Optimism). 12

Lisa

Finally something I hold goes up

Lisa

Finally something I hold goes up