On August 29, according to CEX market data, PYTH rose to break through $0.23, currently reported at $0.2347, with a 24-hour increase of 101.55%. Previously, the U.S. Department of Commerce reached a strategic cooperation with Pyth Network, making it the official partner for on-chain economic data verification and distribution. This is the first deep integration of a national government agency with an Oracle Machine project, marking the entry of Blockchain data services into the mainstream economic governance system.
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PYTH rose over 100% in 24 hours, possibly driven by favourable information regarding its upgrade to "U.S. Economic Data Infrastructure".
On August 29, according to CEX market data, PYTH rose to break through $0.23, currently reported at $0.2347, with a 24-hour increase of 101.55%. Previously, the U.S. Department of Commerce reached a strategic cooperation with Pyth Network, making it the official partner for on-chain economic data verification and distribution. This is the first deep integration of a national government agency with an Oracle Machine project, marking the entry of Blockchain data services into the mainstream economic governance system.