Posted 2/4/2024, 1:00:46 AM
Pyth Network's PYTH Token Surges 42% After Binance Listing Amid Growing Interest in Solana DeFi Projects
- Solana-based Pyth Network's native token PYTH surged over 42% this week amid a new Binance listing
- Pyth Network is an oracle network providing real-time financial data to dApps
- Binance added spot trading support for PYTH on Friday, but attached a volatility warning tag
- In December, Solana co-founder Anatoly Yakovenko praised Pyth Network and other Solana DeFi projects
- The article cites the growth potential for Solana DeFi projects like Pyth Network despite recent market challenges