Pyth update (Patreon)
Published:
2025-08-29 01:16:31
Imported:
2026-06
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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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