Pyth Network +164.74% in 24 Hours Amid Major Protocol Upgrades and DeFi Integration

The Pyth Network (PYTH) experienced a 164.74% price surge in the last 24 hours as of July 31, 2025, driven by recent developments in its on-chain infrastructure and growing adoption in decentralized finance (DeFi) platforms. Despite a steep 471.04% decline over the past week, the token continues to attract attention due to its role in providing real-time price data to blockchain applications.

Protocol Enhancements and Scalability Improvements

A key catalyst for the recent price movement was the completion of a major protocol upgrade. This update introduced enhanced data validation mechanisms and reduced latency in price feed delivery. The improved architecture supports faster data ingestion and cross-chain compatibility, making Pyth more attractive to DeFi protocols and smart contract developers.

The network also launched a new data pipeline that allows for the integration of real-time market data from over 100 exchanges. This expansion of data sources strengthens the reliability of Pyth’s oracle services, a critical factor for applications that rely on accurate pricing information.

Growing Adoption in DeFi and Cross-Chain Ecosystems

Several DeFi platforms have recently integrated Pyth’s oracles into their lending, trading, and insurance protocols. This increased usage has led to a higher demand for PYTH tokens, as users are required to stake them to access the oracle data.

Additionally, the Pyth team announced a partnership with a major cross-chain infrastructure provider to expand its reach across multiple blockchain networks. This move is expected to broaden the utility of the token and increase its on-chain activity.

Developer Activity and Network Security

The Pyth Network has seen a notable increase in developer activity, with a number of new tools and integrations being launched in recent weeks. These include a new SDK for developers to build custom oracle solutions and a governance dashboard that allows token holders to participate in protocol upgrades.

To further ensure network security, the Pyth team has also implemented a new staking mechanism that rewards validators for maintaining data integrity. The system includes slashing conditions for malicious behavior, reinforcing the network’s trustless and decentralized nature.

Community and Governance Developments

The Pyth community has remained active in governance discussions, with several proposals currently under review. These include changes to the tokenomics model and the introduction of a community treasury to fund future development initiatives.

A recent on-chain governance vote passed with strong support, authorizing the allocation of funds toward research and development of new oracle use cases. This reflects the community’s commitment to long-term growth and innovation.