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Key takeaways
PYTH, the native coin of the Pyth Network, is one of the best performers in the crypto market over the past 24 hours. It could rally higher in the near term as the broader market recovers from Thursday’s slump.
On Thursday, Pyth Network revealed in a blog post that Polymarket, the world’s largest prediction market platform, has integrated Pyth Pro as its data source for a new suite of traditional asset contracts.
The initial offerings include gold, silver, and major equity index ETFs. Polymarket now relies on Pyth Pro’s data to power its daily up/down and daily close markets, with live price charts updated every second to ensure full transparency.
The integration has seen PYTH rally by 9% in the last 24 hours and now trades at $0.0420 per coin.
Pyth Pro provides real-time price data through WebSocket, which Polymarket samples every second to display as a live “price to beat” chart. This allows traders to monitor the market’s status relative to their position in real-time.
The selected assets span a wide range of traditional finance, including major equity indices, commodities like gold, silver, WTI crude, and natural gas, along with over a dozen high-profile U.S. equities such as TSLA, COIN, and PLTR.
Polymarket has integrated this real-time data as a key component of its perpetual futures trading platform. Pyth Pro delivers institutional-grade market data directly from top firms, ensuring it is accurate, transparent, and affordable across all asset classes and regions.
To enhance this, Pyth has partnered with industry leaders and government agencies like Cboe, Jane Street, Revolut, and the U.S. Department of Commerce. This collaboration has helped establish a new model to make market data more accessible, accurate, and transparent.
The PYTH/USD 4-hour chart is bearish and efficient despite the coin adding 9% to its value in the last 24 hours.
The technical indicators have flipped bullish, indicating that the bulls are now in control of the market. The RSI of 63 is well above the neutral 50 and would enter the overbought territory if the rally persists.
The MACD lines are also within the positive region, indicating a strong bullish bias. If the rally continues, PYTH could retest the $0.050 psychological level for the first time since March 17.
However, if the bears regain control, PYTH could retest the Thursday low of $0.038 over the next few hours or days.
Cardano has made a significant integration this week that fundamentally alters its approach to market infrastructure.
Under the network’s newly operational Pentad and Intersect governance structure, the steering committee authorized the implementation of Pyth Network’s low-latency oracle stack.
While the decision may appear to be a routine technical upgrade on the surface, it represents a profound shift in philosophy for a blockchain that has historically prioritized academic rigor and self-sufficiency over commercial speed.
The integration is the first major deliverable under the “Critical Integrations” workstream, a strategic initiative designed to modernize the network’s capabilities ahead of 2026.
The move signals that Cardano is effectively abandoning the strategy of building isolated, native solutions for every problem in favor of competing directly for the sophisticated DeFi flows currently dominated by Solana and Ethereum Layer-2s.
Charles Hoskinson, the network’s founder, hailed the pivot during his livestream, saying:
“We’ve tried to build an indigenous oracle solution, and it hasn’t worked out as well as it should, and that’s all right…Oracles are really the first part of major integrations. You have to be able to communicate with other chains and other systems and you have to be able to bring data from the outside world into Cardano.”
To understand the magnitude of this change, one must look past the marketing and into the mechanics of market structure.
For years, Cardano’s decentralized finance (DeFi) ecosystem has relied primarily on “push” oracles. In this traditional model, data providers publish price updates on a fixed schedule, often at intervals of minutes or when price deviation exceeds a certain threshold.
While functional for simple spot swaps, this architecture is catastrophic for high-leverage derivatives. If the price of Bitcoin collapses by 5% in 30 seconds, a push oracle operating on a 1-minute heartbeat leaves lending protocols unknowingly under-collateralized, creating toxic debt that the protocol cannot liquidate in time.
Pyth introduces a “pull” model that fundamentally inverts this relationship.
Instead of passively waiting for a data provider to push an update, Cardano smart contracts can now actively “pull” the freshest signed price from Pyth’s high-frequency sidechain, Pythnet, at the exact moment a transaction is executed. These prices update roughly every 400 milliseconds.
For Cardano developers, this widens the design space considerably. The network’s eUTXO (Extended Unspent Transaction Output) architecture is uniquely suited to this model when paired with reference inputs, allowing multiple transactions to read the same high-fidelity data point simultaneously without congestion.
This capability is the prerequisite for building the “holy grail” of modern DeFi: order-book-based perpetual futures, dynamic loan-to-value lending markets, and complex options vaults.
By collapsing the latency gap, Cardano can now theoretically support the same risk engines that power high-frequency trading on Wall Street, moving from “DeFi primitive” to “institutional grade.”
Meanwhile, the integration does more than speed up plumbing as it introduces a new level of data diversity that has previously eluded the ecosystem.
Pyth operates across 113 blockchains, serving as a distribution layer for first-party data. Unlike aggregators that scrape prices from public websites (a method prone to manipulation), Pyth’s feeds originate directly from trading firms, exchanges, and market makers who sign their own data.
Hoskinson specifically highlighted the institutional weight of this connection, noting that the US Department of Commerce selected Pyth, alongside Chainlink, to assist in verifying and distributing official macroeconomic data on-chain.
He noted:
“Pyth now has access to the United States government’s data as well, and soon, [so will] every single person in the Cardano ecosystem.”
For a blockchain that has long positioned itself as a regulatory-friendly platform for nation-states and enterprise, having direct access to government-validated economic indicators is a powerful narrative tool for attracting Real World Asset (RWA) issuers.
It allows builders to design structured products that were previously impossible—think of a stablecoin vault that hedges its exposure using real-time Euro/USD forex rates, or a synthetic asset tracking the S&P 500 with sub-second accuracy.
However, sophisticated plumbing does not automatically generate liquidity, and this remains the central tension in the Cardano narrative. While the Pyth integration provides the engine for a Ferrari, the current market depth resembles a go-kart track.
A critical examination of the on-chain data reveals a stark disconnect between the new infrastructure’s capabilities and the capital available to use it. As of Dec. 12, data from the analytics platform DefiLlama shows that Cardano has less than $40 million in stablecoin liquidity.
To put that figure in perspective, it is a fraction of the billions of capital available to competitors like Ethereum.
Hoskinson addressed this implicitly, describing Pyth as “just the appetizer” in a broader menu of upgrades that includes “bridges, stablecoins, and custodial providers.”
He hinted that the network is preparing for “multi-billion TVL,” which would, in turn, lead to significant trading volume on the network. Hoskinson added:
“We’re getting ready for the next few million users. We’re getting ready for multi-billion TVL. We’re getting ready for a lot of MAUs and a lot of transactions. And we now have a lot of competitive differentiators.”
However, for those numbers to arrive, that stablecoin number must move from millions to billions. The Pyth integration is a necessary condition for this growth, but it is insufficient on its own.
Essentially, the network is betting that if it builds the “basement and foundation” first—as Hoskinson put it—the liquidity will follow.
Meanwhile, the most bullish signal to emerge from this Pyth integration is not technical, but organizational.
The speed at which the Pyth proposal moved through the new Pentad and Intersect governance model suggests that Cardano has solved its most persistent bottleneck: bureaucracy.
For years, the network’s slow, methodological approach was cited as a reason for its lag in DeFi adoption.
The ability of the Pentad—a coalition representing the Cardano Foundation, Input Output, EMURGO, Midnight, and Intersect—to identify a market standard like Pyth and fund its integration quickly indicates that the new governance structure is functioning as an effective executive branch.
Hoskinson explained:
“The great part about the Pentad structure is we can all speak with one voice.”
This “governance alpha” matters because Pyth is likely just the first of several necessary upgrades. Hoskinson teased further announcements regarding “the good stablecoins” and custodial partnerships, framing the current moment as laying the groundwork for a massive scaling event in 2026.
He concluded:
“Cardano is not an island anymore. The cavalry has come.”
The integration proves that Cardano can change its mind and its infrastructure to meet market demands. The plumbing is now fixed. The question for 2026 is whether the “cavalry” Hoskinson mentions will bring the capital required to fill the pipes.
Pyth Network
PYTH
$0.0668
24h volatility:
3.2%
Market cap:
$384.44 M
Vol. 24h:
$25.96 M
has announced the launch of the PYTH Reserve, a system that uses protocol income into monthly open-market purchases of the PYTH token.
The announcement has resulted in a 4% spike in the token’s price, currently around $0.06698.
Launched in 2021, Pyth has grown from a small market onchain data effort into a major part of global financial infrastructure.
During this time, the network supported more than $2.3 trillion in total trading volume. The team now aims to focus on long-term value creation.
Pyth’s revenue comes from four main products: Pyth Pro, Pyth Core, Pyth Entropy, and Pyth Express Relay.
Each product sits at a different stage of growth, and each attracts a different set of users. The mix creates a stable and growing income path.
The Reserve uses protocol revenue in a transparent and rule-based process. A portion of the funds reaches the PYTH DAO Treasury, which then uses one-third of its balance every month to buy PYTH tokens on the open market.
This purchasing method averages entry price point over time and scales proportionally as Pyth Network grows. These tokens become part of the Reserve and support its own long-term value.
Introducing the PYTH Reserve: turning real revenue growth into sustainable network value.
Pyth Pro surpassed $1M annualized revenue in its first month, and that revenue now fuels systematic PYTH purchases on the open market.
More adoption. More revenue. More value. Let’s dive… pic.twitter.com/NqodrKfGoK
— Pyth Network
(@PythNetwork) December 12, 2025
The system also includes quarterly pricing checks led by the Pythian Council. The council reviews onchain activity, compares pricing across the market, and adjusts fees if required to increase revenue.
The wider market for financial data shows a major opportunity. Pyth noted that institutions spend nearly $50 billion per year on such data.
The prices from older providers have increased more than 50% in the past three years.
Pyth is planning to capitalize on this opportunity. It is working on offering a simple, transparent subscription with real-time updates across all asset classes.
If the network captures even 1% of this market, it could reach $500 million in yearly income, which would then expand the PYTH Reserve.
Pyth’s native token has recorded a strong move on December 12 amid a broader market rebound.
On the daily chart, the PYTH token has been forming a falling wedge structure since September.
The price now seems to be breaking out of this pattern. If it happens, PYTH traders can set their eyes on the $0.12 price target, where earlier activity formed a heavy zone.
A stronger move could aim for a 150% rally to the $0.16-$0.18 region, which lines up with past supply.
PYTH daily chart with falling wedge. | Source: TradingView
However, a breakout failure could pull the price back toward the lower boundary of the wedge. For buyers, the immediate support lies around $0.05, which has been repeatedly tested by PYTH.
Amid PYTH price surge, another emerging project, Bitcoin Hyper (HYPER), is gaining momentum. The project is in its presale phase and aims to bring faster transactions and broader functions to the Bitcoin
BTC
$92 373
24h volatility:
2.6%
Market cap:
$1.84 T
Vol. 24h:
$55.73 B
network.
This Bitcoin Layer 2 system aims to address long-standing issues linked to Bitcoin, like slow settlement times and the lack of native smart contract support.
Bitcoin Hyper routes activity through an optimized virtual machine that processes transactions quickly and at lower cost. The final settlement still takes place on Bitcoin’s main chain, which preserves strong security.
The HYPER token serves as the central asset of the Bitcoin Hyper ecosystem. It is used for gas fees, staking and access to various planned features. The token allows holders to participate in community decisions and use DeFi tools that the project will offer.
The HYPER token is priced at $0.013415 during the ongoing crypto presale phase. The project has already raised over $29.3 million so far, and the next price change is set to happen soon.
If you’re interested, feel free to check out our guide on how to buy Bitcoin Hyper.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.
Key takeaways
PYTH, the native coin of the Pyth network, is up by more than 1% in the last 24 hours, outperforming the broader crypto market in the process. The positive performance comes after the Pyth team announced the launch of Pyth Pro.
The team explained that Pyth Pro allows banks, brokers, and trading firms to access specialized data across every asset class and geography from a single source of truth. Pyth Pro provides coverage of over 2,000 feeds across crypto, equities, futures, ETFs, FX, commodities, and fixed income, the team added. Its original product, Pyth Core, will continue to power DeFi applications while the various Pyth Pro tiers address different institutional finance requirements.
The PYTH/USD 4-hour chart is bearish and inefficient despite the coin performing well over the last 24 hours. The technical indicators are bearish but could soon switch bullish as the market slowly recovers from Monday’s slump.
The RSI of 45 shows that PYTH is not yet out of the bearish region, with the MACD lines also below the neutral zone.
At press time, PYTH is trading at $0.153, up from the Monday low of $0.14. If the recovery continues, PYTH could surge to the nearest major resistance level at $0.18 over the coming hours or days. An extended rally would allow it to hit $0.20 for the first time this month.
However, if the bearish trend persists, PYTH could retest Monday’s low of $0.140 before dropping to the August low of $0.1085. The technical indicators are still bearish, which means sellers remain in control of the market.
The United States continues to establish itself as the international hub for blockchain and cryptocurrency undertakings.
In a groundbreaking move, the US Department of Commerce confirmed today that it will start publishing GDP (gross domestic product) data on blockchain, starting with last month’s figures.
The announcement catalyzed bullish sentiments across the cryptocurrency space, especially for the project that the government picked.
The US Department of Commerce has worked with nine blockchains and leading exchanges.
To ensure data accessibility and reliability, it chose Chainlink and Pyth Network.
Pyth Network is working with @CommerceGov to power the distribution of gross domestic product data onchain.
Chief Executive Officer of Douro Labs, @mdomcahill was the only person quoted in the White House exclusive press release with @Bloomberg to speak on how Pyth Network is… pic.twitter.com/3HfZ65ilIK
— Pyth Network
The Department revealed that it published the official hash of its quarterly GDP data across nine networks: Bitcoin, Ethereum, Solana, Avalanche, Arbitrum, Tron, Polygon PoS, Optimism, Stellar, and Arbitrum One.
Also, it has worked with leading exchanges, including Coinbase, Kraken, and Gemini, to facilitate the latest release.
Furthermore, the US Department of Commerce tapped oracle providers Chainlink and Pyth Network to guarantee reliability and accuracy.
PYTH rallied immediately after the news as the community celebrated the project’s “validation moment.”
Pyth Network focuses on bringing real-time, high-quality data on-chain.
Thus, the announcement represented a watershed moment for the altcoin, as it anticipates lucrative use cases.
The government’s reliance on Pyth’s oracle service validates its infrastructure and status as a trusted player in the integration between decentralized networks and public institutions.
Howard Lutnick, US Secretary of Commerce, commented on the benefits of this move.
He perceives it as a part of the President’s strategy to make America the hub of blockchain. Lutnick said:
It’s only fitting that the Commerce Department and President Donald Trump, the crypto-President, publicly release economic statistical data on the blockchain. We are making America’s economic truth immutable and globally accessible like never before, cementing our role as the blockchain capital of the world.
The high-profile commendation has put the Pyth Network on the map as a trusted oracle protocol authorized by the government.
Officials confirmed that it will leverage oracles like Pyth to release other datasets, beyond GDP.
The native coin exploded within minutes after the collaboration updates.
PYTH trades at $1891 after gaining around 62% from its daily low.
The staggering 2,400% uptick in trading volume signals massive interest in the altcoin.
Also, Pyth Network’s market capitalization has crossed the $1 billion mark for the first time since February 2025.
The US government endorsement positions PYTH for impressive performance in the coming months and years.
The development could bolster institutional demand from firms exploring blockchain to provide accurate and reliable data.
Prevailing sentiments suggest PYTH might have secured the needed catalyst to recover to its 2024 all-time highs above $1.
The crypto prices registered saw a bearish turn Bitcoin (BTC) was in the red but traded fairly above the $49,000 mark after a high of hitting $50,358. Whilst, Ethereum maintained the $2,600 level despite the pullback. Meanwhile, other top altcoins, such as XRP, Solana (SOL), and Cardano (ADA) recorded significant losses as well.
The Bitcoin price sustained over $49,000 today. The Bitcoin price was down by 1.09%, reaching $49,432.19 at the time of writing on Wednesday, Feburary 14. On the other hand, it’s trading volume dipped by 0.88% to $33.90 billion in the last 24 hours. Meanwhile, the crypto boasted a market cap of $970.05 billion
Turning to altcoins, the Ethereum price dropped 0.82% to $2,626.69 at press time with market valuation of $315.72 billion. Whilst, ETH saw its trading volume increase by 15.76%, reaching $16.55 billion. Furthermore, the Binance Coin (BNB) price slipped by 0.23% in value, reaching $325.78. Whilst, its 24-hour trade volume plunged by 14.43% to $852.78 million.
The Solana price sustained over the $110 mark today. The Solana price was down by 2%, settling $111.70. Furthermore, SOL witnessed a 18.04% drop in trade volume to $2.30 billion in the last 24 hours. Moreover, the XRP price slumped below the $0.53 level. The XRP price recorded a decline of 1.15%, settling at $0.5247. In addition, XRP’s trading volume fell by 1.63% to $997.57 million.
Meanwhile, the Cardano price witnessed an drop of 1.06% to $0.5473 today. Moreover, it recorded a 16.23% dip in its 24-hour trading volume, settling at $426.20 million. As the top crypto prices saw a bearish shift, the meme coin arena bore the brunt as well. The Dogecoin price slumped by 1.32% to $0.08107 while its competitor, Shiba Inu, registered a 1.23% drop in value and traded at $0.000009462.
Also Read: Bitcoin Set to Soar to $600K by 2026, Says Tuur Demeester
The Pepe Coin (PEPE), a trending meme cryprocurrency, declined significantly today. At press time, the Pepe Coin price was down by 1.73% to $0.000001077 with a market valuation of $452.96 million. In contrast, its 24-hour trade volume declined by 2.84% to $106.26 million.
The Solana Ecosystem’s Pyth Network (PYTH) witnessed a notable uptick today and emerged as the top crypto gainer today. The PYTH price soared by 14.55% to $0.6701 at the time of reporting. In addition, its trade volume surged by a massive 58.73% to $218.16 million. Moreover, Pyth Network recorded a high of $0.6751 amid the rally today.
Also Read: Will ENS Labs Accept Manifold’s $300K Settlement Offer?
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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