Pyth Network ($PYTH) Crypto Forecast: Up 6.6% Today

What is Pyth Network?

PYTH is a cryptocurrency token within the Pyth Network, renowned for its participation in decentralized finance (DeFi) applications. The broader cryptocurrency market has witnessed significant volatility recently.

Why is Pyth Network going up?

PYTH crypto is up 6.6% on May 26, 2025 8:00

• Despite a robust bullish movement earlier in the day, PYTH encountered a noteworthy 64% rally wipeout, signaling a sudden change in market sentiment.
• Speculations about a potential $298 million token unlock ahead might have influenced the negative pressure on PYTH, resulting in the sharp price decline.
• The general instability in the cryptocurrency market, evident in PYTH's price fluctuations, indicates that investors are reacting sensitively to market dynamics and token unlocks.
• Indications that bears may not have concluded their activities yet suggest that further downward pressure could be anticipated shortly for PYTH, necessitating close monitoring by investors.

PYTH Price Chart

PYTH Technical Analysis

PYTH News

Crypto market’s weekly winners and losers – SPX, HYPE, PYTH, EOS

Crypto market’s weekly winners and losers – SPX, HYPE, PYTH, EOS

https://ambcrypto.com/crypto-market-weekly-review-25-may/

PYTH wipes out 64% rally – THESE signs show bears aren’t done yet

PYTH wipes out 64% rally – THESE signs show bears aren’t done yet

https://ambcrypto.com/pyth-wipes-out-64-rally-these-signs-show-bears-arent-done-yet/

3 Token Unlocks for the Fourth Week of May 2025

3 Token Unlocks for the Fourth Week of May 2025

https://beincrypto.com/token-unlocks-to-watch-fourth-week-may-2025/

Pyth Network could extend losses targeting $0.1 ahead of mega $298 million token unlock

Pyth Network's (PYTH) price steep decline to $0.135, down over 13% on Monday, mirrors volatile swings in the broader cryptocurrency market.

https://www.fxstreet.com/cryptocurrencies/news/pyth-network-could-extend-losses-targeting-01-ahead-of-mega-298-million-token-unlock-202505191701

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Pyth Network Price History

19.04.2025 - PYTH Crypto was down 11.5%

• The bearish movement in PYTH's price to $0.135, a decline of over 13%, is likely influenced by the broader volatility in the cryptocurrency market.
• The upcoming mega $298 million token unlock event could be adding selling pressure on PYTH, leading to further downside potential towards $0.1.
• Investors are closely monitoring the market sentiment and potential profit-taking behaviors, contributing to the downward pressure on PYTH's price.
• Traders should exercise caution and stay informed about market developments to navigate the current bearish trend in PYTH effectively.

20.04.2025 - PYTH Crypto was down 10.5%

• The decline in PYTH's value could be linked to the expected release of a large $298 million token supply, prompting investors to divest their assets.
• The general instability in the cryptocurrency market may have impacted PYTH negatively, resulting in a substantial drop in its price.
• Reports of multiple token releases within the same timeframe may have caused hesitancy among investors, influencing PYTH's price to decrease.
• Concerns regarding the potential further depreciation of PYTH towards $0.1 might be prompting heightened selling activity within the market.

22.01.2025 - PYTH Crypto was down 5.1%

• Despite positive Grayscale launching a trust fund for PYTH and expanding its product range, the market movement for PYTH was bearish, indicating a possible sell-off by investors.
• The addition of three altcoins to Coinbase and CLANKER token jumping 90% after being added to Coinbase's roadmap may have diverted attention and investment away from PYTH.
• The market may have reacted negatively to the news, possibly due to profit-taking by traders who had bought in anticipation of positive price movement following Grayscale's announcements.
• Overall, the bearish movement of PYTH could be a result of profit-taking, shifting investor focus to other altcoins, or a general market correction in the cryptocurrency space.

21.01.2025 - PYTH Crypto was down 7.0%

• Despite positive developments such as the launch of Grayscale's Pyth Trust and product range expansion, PYTH token saw a bearish movement.
• The bullish sentiment towards CLANKER token, which surged by 90% after being added to Coinbase's roadmap, may have redirected attention and investment away from PYTH.
• Expectations for a more significant price impact on PYTH following the news from Grayscale might have led to profit-taking and a descent in price.
• The overall market sentiment and profit-taking behavior likely influenced the bearish movement of PYTH, despite the ecosystem's positive advancements.

25.01.2025 - PYTH Crypto was down 12.5%

• Despite positive developments like the launch of a Pyth Trust by Grayscale for $PYTH token, the market movement for PYTH today was bearish.
• The strong bearish movement could be attributed to profit-taking by traders who may have bought the token in anticipation of the Grayscale news, leading to a sell-off once the news was announced.
• The overall market volatility and fluctuations in other altcoins, as seen with the price increase of other tokens listed on Coinbase like CLANKER, could have also influenced the bearish movement of PYTH.
• It's important for traders to stay updated on both specific token developments and broader market trends to navigate the cryptocurrency market effectively.

02.03.2025 - PYTH Crypto was down 5.2%

• The bearish movement in PYTH could be attributed to the overall sentiment in the cryptocurrency market, possibly influenced by Bitcoin's anticipation of Trump's tariff announcement.
• Investors might be adopting a cautious approach, leading to a sell-off in PYTH as they await further clarity on the impact of the tariff announcement on the cryptocurrency market.
• The short-term optimism regarding Bitcoin might not have translated positively for PYTH, causing a downward trend in its price.

19.01.2025 - PYTH Crypto was up 5.1%

• The launch of the Pyth Trust for the $PYTH token in the Solana ecosystem likely generated positive sentiment and confidence in the token, leading to increased demand and a bullish market movement.
• The expansion of the product range with the new Pyth Trust further solidified the token's position within the market, attracting more investors and contributing to the bullish movement.
• The decision to expand its crypto offerings to include the Pyth Network token PYTH could have also played a role in boosting the token's popularity and driving up its value.
• Overall, the series of positive developments and increased institutional support for PYTH likely fueled the bullish market movement observed today.

26.04.2025 - PYTH Crypto was up 6.6%

• Despite a robust bullish movement earlier in the day, PYTH encountered a noteworthy 64% rally wipeout, signaling a sudden change in market sentiment.
• Speculations about a potential $298 million token unlock ahead might have influenced the negative pressure on PYTH, resulting in the sharp price decline.
• The general instability in the cryptocurrency market, evident in PYTH's price fluctuations, indicates that investors are reacting sensitively to market dynamics and token unlocks.
• Indications that bears may not have concluded their activities yet suggest that further downward pressure could be anticipated shortly for PYTH, necessitating close monitoring by investors.

22.04.2025 - PYTH Crypto was up 5.3%

• Despite a strong bullish movement, PYTH experienced a significant wipeout of a 64% rally, indicating bearish pressure in the market.
• The upcoming mega $298 million token unlock could be contributing to the downward pressure on PYTH's price.
• The signs of bears not being done yet suggest that investors are cautious about the future price trajectory of PYTH.
• The broader cryptocurrency market's volatile swings are also impacting PYTH's price, adding to the uncertainty surrounding its performance.

09.04.2025 - PYTH Crypto was up 33.8%

• PYTH experienced a strong bullish movement, possibly influenced by the positive sentiment in the cryptocurrency market.
• The recent bullish movement in major cryptocurrencies like Bitcoin, Ethereum, XRP, and Dogecoin may have sparked increased buying interest in PYTH.
• Traders' optimism, reflected in expectations of market movements and price targets such as $140,000 for Bitcoin, could have contributed to the positive momentum in PYTH.
• The general uptrend in the cryptocurrency market, along with optimistic trader sentiment and price projections, likely drove the upward movement in PYTH.

14.01.2025 - PYTH Crypto was up 5.3%

• The uptrend in PYTH's value today could be linked to Robinhood's announcement of including the Pyth Network token in its list of cryptocurrencies. This development likely generated higher interest and investment in PYTH.
• Robinhood's integration of PYTH into its platform signals a broader acceptance and usage of cryptocurrencies, potentially boosting overall market sentiment.
• The addition of PYTH by Robinhood may have enhanced its exposure and availability to a broader investor base, potentially increasing demand and driving up prices.

20.01.2025 - PYTH Crypto was up 6.3%

• PYTH experienced a strong bullish movement today.
• Grayscale's launch of the Pyth Trust for the $PYTH token in the Solana ecosystem likely contributed to the bullish trend.
• The addition of PYTH to Robinhood's crypto offerings could have also boosted investor interest and contributed to the positive market movement.
• Overall, the increased adoption and recognition of PYTH by major players in the cryptocurrency space have likely fueled the bullish sentiment surrounding the token.