Pyth Surges 8.5% as New Features and Competitor Shutdown Boost Momentum

Pyth (PYTH) has seen its price rise by around 8.5% after the platform expanded its market coverage and a direct competitor, Switchboard, ceased operations.

The move was supported by a bullish technical structure, with PYTH trading above all major moving averages and sustained by robust momentum indicators.

Pyth Network introduced new features including US ETF and Korean equity data, as well as expanding its 24/7 crypto price feeds and agricultural commodity futures.