Main notes
- The Economic Analysis Office will distribute GDP and other macroeconomic indicators across nine large groups including bitcoin and ethereum.
- PYTH has greatly outperformed the Chainlink series by 4 %, as the market roof was worth one billion dollars for the first time since May 2025.
- Technical analysis shows the formation of Golden Cross with RSI at 70.91, indicating the possibility of other gains towards the resistance level of $ 0.21.
After the opening of trading near $ 0.11, the PYTH network
pyth
0.22 dollars
24 hours fluctuation:
83.8 %
The maximum market:
$ 1.22 b
Folder. 24h:
$ 1.97 b
The price increased by approximately 70 % through the day on Thursday, August 28, and calms the level of $ 0.19 to reach the market value of $ 1 billion for the first time since May.
The assembly was operated after the US Department of Commerce confirmed plans to publish official economic data through ChainLink
connection
$ 24.18
24 hours fluctuation:
1.1 %
The maximum market:
16.39 dollars b
Folder. 24h:
$ 2.66 b
And the pyth network. The Economic Analysis Office (Bea) will distribute macroeconomic indicators, including GDP, PCE price index, and real final sales, through nine groups of Blockchains, including Bitcoin, Ethereum, Solana, TON, Stellar, Avalanche, Arbitrum One and Polygon POS and Opervism.
Pyth network price on August 28, 2025 | Source: CoinmarketCap
While Tainlink’s Link Token has just over 4 % before facing the resistance at $ 25, PYTH was dramatically outperformed by a 68 % jump.
Pyth network works with Commercegov To operate the distribution of the gross domestic product data.
DouRo Labs CEO, mdomcahill The only person quoted in the White House was an exclusive press release with Bloomberg To talk about how … pic.twitter.com/3hfz65ilik
PYTH
(Phythnetwork) August 28, 2025
It is worth noting, Mike CahillThe CEO of PyTH Douro Labs, was the only executive authority adapted in Press statement for the official White House It was distributed across Bloomberg, indicating the prominent Pyth role in the initiative.
“The entire administration has adopted this … With today’s announcement, we are now in a world where government data live on Blockchains, and participants in the market can participate in the actual time,” Mike Cahill, CEO Duru Labs
The PYTH network, which is the Oracle Provider, provides the financial data in the actual time for Blockchain applications. The original distinctive symbol, PYTH, is used in governance and stimulating contributors to data.
Earlier this week, Pyth recorded the lowest monthly level at $ 0.10 on August 26 According to CoinmarketCap dataThis means that merchants who bought this DIP are now sitting on approximately 95 % gains. At the time of the press, the PYTH is trading above $ 0.18 with a 330 % stain size in the day increased to 884 million dollars, indicating more bullish capabilities.
PyTH price expectations: Can bulls retain $ 0.20?
The price of the prices of Pyth Network reaffirms by 70 % and the rise in RSI in the temperature high temperature conditions. However, other major trading indicators indicate that there are no signs of buyer’s fatigue yet.
First, the Pythusd chart below confirms the occurrence of a gold intersection, as SMA flips for 5 days the highest moving averages for 8 days and 13 days in one session.
PYTH expectations | Tradingvief Pythusd 24h Chart August 28, 2025
RSI is 70.91, indicating that the market is close to the peak area. However, the sharp increase in the size of the spot, above 330 %, indicates that buyers have not yet appeared fatigue.
If the Pyth bulls stick to a multi -day closure above $ 0.18, this may save a dictatorship to re -test the following resistance levels at $ 0.21 and $ 0.24. A decisive closure can open over $ 0.24 the door to test $ 0.27 in the short term. On the negative side, immediate support lies at $ 0.15, with stronger support at $ 0.13 as the averages are converging for 13 days and 8 days.
SUBBD PRESALE crosses a million dollars with profits byth Traders Book
With a PyTH Rally, which achieves approximately 100 % of the profits of smart merchants this week, speculation can begin to flow into early stage projects such as SubBD ($ SubBD), a platform operating in Amnesty International for content creators.
Presale subbd
At the time of writing this report, SubBD raised $ 1.071 million in the maximum of $ 1.29 million, which reflects strongly strong dependence. At a price of $ 0.0563 per code, SUBBD aims to transfer creators’ participation by taking advantage of AI-EI improved reactions.
Its benefit includes outstanding access to the approved content from the influencer, the benefits associated with exclusive living and the features behind the scenes, discounts through the basic system subscriptions, and complications of XP rewards. Pregnant holders also get a priority to reach the trial version and loyalty rewards of this size.
While merchants revolve gains from volatile plays such as PYTH to speculative priorities, SUBBD shows a high -sides. Investors can now secure early entry through the official SubBD website before closing metabolism.
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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.
Ibrahim Ajibad is an experienced research analyst and has a background in supporting the various startups and financial organizations in Web3. He obtained his university degree in the economy while he is currently studying for a master’s degree in Blockchain and distributing a professor’s notebook techniques at Malta University.
The post Why Is Pyth Network (PYTH) Price Surging 70% Today? first appeared on Investorempires.com.
