Pyth Network Expands through Strategic Alliances and Inclusion on Binance Platform Pyth Network Advances with Key Partnerships & Binance Listing

The PYTH token value surged by 29% following its inclusion on the Binance trading platform. The Pyth Network has attracted substantial attention by distributing 600 million PYTH tokens in an airdrop. With this development, Pyth Network’s PYTH token has become a prominent topic in the crypto community, achieving impressive gains and leading the market as the asset with the most significant increase. In the last 24 hours, the digital asset has seen a notable increase of 29%, coupled with an extraordinary jump of 239% in the amount of trading activity. Significantly, the upswing in interest happens at the same time as the unveiling of PYTH’s inclusion on Binance, the biggest crypto exchange. PYTH launched with a market capitalization of $540 million and has experienced consistent expansion, with a 43% increase since the beginning of the year. The recent significant increase in its value is especially remarkable, coinciding with the news from Binance that trading of PYTH will begin on the 2nd of February. The trading options for PYTH will include pairs with BTC, USDT, FDUSD, and TRY. PYTH, being the governance token for the Pyth Network, gives its owners the right to participate in voting on decisions that will determine the direction of the project. Notably, Pyth Network has gained recognition for its notable token results and has extended its reach further. The network has recently carried out a tactical shift towards the Ronin Network, as MetaLend DeFi has transitioned to being driven by PoweredByPyth. MetaLend, a prominent financial protocol on the Ronin blockchain, has incorporated Pyth’s Pull Oracle system. MetaLend offers instant assessment of assets approved by its protocol for loan and credit operations. Despite only having been introduced a few months earlier, it has rapidly attracted nearly $2 million in deposits into its system.