Should You Buy Pyth Network in 2025?

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At HelloSafe, our expert has been tracking the evolution of the Pyth Network cryptocurrency for over three years. Every month, hundreds of thousands of users in South Africa rely on us to analyse market trends and identify the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In line with our ethical guidelines, HelloSafe has never purchased Pyth Network nor received any compensation from entities associated with its ecosystem.

Pyth Network in brief

How much does 1 Pyth Network cost?

The price of Pyth Network is up this week. Currently trading at R2.17, PYTH has gained 5.71% over the past 24 hours, despite being down 8.98% compared to its 7-day high.

The market capitalization stands at approximately R12.48 billion, making Pyth Network the 68th largest crypto asset, with a circulating supply of 5.75 billion PYTH tokens.

Over the last three months, PYTH averaged a robust daily trading volume of around R362.3 million and holds 0.08% crypto market dominance in South Africa.

As PYTH continues to show high volatility, informed investors are watching closely for both short-term opportunities and long-term growth potential.

Our complete opinion on the Pyth Network cryptocurrency

Have recent shifts in the digital oracle landscape revealed new upside potential for Pyth Network? We’ve analysed the latest technical, on-chain, and market cycle trends for PYTH across the past three years, leveraging a proprietary blend of quantitative indicators, sentiment metrics, and competitor benchmarks to uncover fresh opportunity signals. So, why might 2025 mark a strategic new inflection point for exposure to blockchain data infrastructure and the evolving decentralized finance (DeFi) ecosystem?

Performance Overview and Market Context

Recent Price Evolution

Pyth Network (PYTH) has exhibited pronounced volatility over the past year, culminating in a current spot price of $0.1161 as of June 7, 2025. While this marks an almost 90% correction from its all-time high in March 2024 ($1.15), recent weeks have seen a stabilization and recovery from April’s local lows. The token gained 5.71% in the last 24 hours, with trading volume surging to $19.37M USD, sustaining a robust 2.9% volume/market cap ratio—an early confidence marker for renewed trading activity and market interest.

Positive Events Driving Renewed Momentum

Several high-impact developments have shifted sentiment around Pyth. The January launch of Pyth Lazer ushered in sub-second data update capabilities. Q1 brought multi-chain expansion (now 100+ blockchains), followed by headline partnerships with Coinbase International Exchange, Sony’s Soneium blockchain, and fintech disruptor Revolut. Notably, Grayscale launched a dedicated PYTH investment fund, and Robinhood listed the token in May, boosting discoverability and institutional credibility.

Macro and Sector Tailwinds

The DeFi infrastructure sector continues to benefit from a global pivot toward data decentralization, regulatory clarity in leading jurisdictions (notably the EU and selected APAC markets), and strong appetite for on-chain transparency. The oracles segment—projected to reach $50B+ in the coming years—is rapidly outpacing general market growth, with Pyth securing 32.5% market share and maintaining clear leadership in real-time data service volumes.

Technical Analysis

Key Indicators

• Relative Strength Index (RSI, 14-day): 33.86, sitting in neutral territory and suggesting limited downside exhaustion; prices are not overbought, implying fresh entry potential.
• MACD: Recent crossovers indicate emerging bullish momentum, albeit with some lingering overhead resistance.
• Moving Averages: The 50-day MA is now a local resistance zone; the 200-day remains below spot, consistent with reversal potential after long-term downside pressure.
• Support/Resistance: Primary support holds at $0.109, tested multiple times without broad capitulation. Historical resistance is established at the $1.16 mark, the previous cycle peak.
• Short-to-Mid-Term Outlook: With growing volume and technical indicators stabilizing, a bullish reversal structure is forming. Any sustained close above the 50-day MA could catalyze follow-on buying and validate a change of trend, aligning with a “classic accumulation phase” profile often preceding prolonged upside moves in high-quality altcoins.

Fundamental Analysis

Network Usage and Revenue Growth

Pyth’s protocol has reached enterprise-scale adoption, now securing over $1 billion in total value across 520+ active applications, with an annualized cross-chain revenue growth of 1,362% (YoY, as of late 2024). Over 1,300 real-time price feeds process 280+ million updates daily, underscoring relentless operational throughput and trust from market participants.

Adoption, Ecosystem, and Partnerships

Pyth's “pull-based” oracle design, supported by first-party institutional data providers (Jane Street, Binance, CBOE, Two Sigma, etc.), enables unparalleled data accuracy and security—a sharp differentiator vis-à-vis competitors reliant on aggregated or synthetic feeds. Their aggressive partnership roadmap spans top-tier exchanges, TradFi-fintech bridges (Revolut), and blue-chip protocols (Coinbase, Grayscale, Robinhood). This cements PYTH not just as an infrastructure layer, but also as an institutional touchpoint for capital inflows and network effects.

Valuation and Relative Attractiveness

• Market Cap: $667.68M—positioning PYTH well within the upper-mid tier of Layer-1 and DeFi tokens.
• Fully Diluted Valuation: $1.16B, with 57.5% of the supply circulating and a conservative token unlock schedule (85% still vested).
• Staking/Yield: Staking is mandatory for protocol governance, a factor reinforcing long-term holder alignment and protocol security.
• Competitive Strength: Despite intense competition from Chainlink and others, Pyth leads in first-party data architecture, cost efficiency, integration pace, and latency (

Volume and Liquidity

Persistent daily volume above $19 million signals sustainable market depth and institutional participation, while a volume-to-market cap ratio near 3% is notably high for a non-meme, utility-driven token. This profile reduces slippage and increases tradability—two underrated attributes for active investors.

Position Among Crypto Leaders

Pyth currently dominates transactional volume among oracle networks in peak periods, preserving a #1 slot in the sector despite short-term market share fluctuations. Its inclusion in major institutional funds and frequent headlines on growth partnerships keep it at the forefront of blockchain infrastructure narratives.

Catalysts and Positive Prospects

PYTH’s timeline is stacked with anticipated protocol upgrades, cross-chain integrations, and new listings. The community eagerly anticipates the rollout of enhanced pull-based oracles (improving network cost efficiency) and express relay technologies with MEV protection. With global DeFi, NFT, and RWA (real-world asset) use-cases scaling up, Pyth is uniquely positioned to service the data needs of the “tokenized everything” future. Regulatory normalization across Asia and South Africa further underpins institutional adoption magnitude.

Investment Strategies by Time Horizon

Short-Term (1–3 months):

• Technical structure and recent partnership headlines create a plausible window for tactical entries ahead of high-profile roadmap milestones.
• Active traders may view entries on retracements to $0.109 as risk-defined, with stops beneath recent lows and targets at the 50-day MA or $0.196.

Medium-Term (3–12 months):

• The next network upgrades and multi-chain deployment waves could unlock valuation upside.
• Accumulating through volatility, especially during any broader crypto corrections, appears well-founded as macro/tailwinds bolster sector momentum.
• Monitoring protocol revenue growth and new listings could provide entry signals.

Long-Term (12–60 months):

• For portfolio builders, PYTH’s defensible moat in first-party data, cross-chain integrations, and entrenched institutional relationships point towards asymmetric upside as the DeFi oracles space grows toward $50B+.
• Historical price drawdowns have created a compelling entry point; the risk/reward on a multi-year horizon benefits from both relative under-valuation and sectoral inflection.
• Participation in staking/governance could provide upside beyond spot price appreciation.

Pyth Network Price Projections

Is It the Right Time to Consider Pyth Network?

Pyth Network combines sector-leading innovation, sustained ecosystem growth, and deep liquidity—elements that together build an argument for renewed investor attention. Its robust partnership suite with financial heavyweights, first-mover status in pull-based oracle models, and dynamic protocol roadmap all converge at a time when the blockchain data sector is expected to see outsized expansion.

The notable rebound from local lows, stabilizing technicals, and superior market position underline the sense that PYTH represents an excellent opportunity in today’s market, particularly for those seeking exposure to real-world DeFi infrastructure with proven adoption metrics. Ongoing institutional interest—illustrated by the Grayscale fund initiation and Robinhood listing—further strengthens PYTH’s position as a core holding on any DeFi or cross-chain data innovation theme.

In short, the fundamentals and technicals justify renewed interest, and Pyth Network could be on the verge of a new bullish phase. For investors aiming to capture the next structural wave in digital finance, PYTH stands out as a token warranting serious consideration at current levels. The upcoming protocol update set for Q2 2025 could act as a defining catalyst for future price performance, suggesting this may be one of the most compelling windows for strategic accumulation.

How to buy Pyth Network?

It’s quick and secure to buy Pyth Network (PYTH) online in South Africa, especially when using a regulated crypto platform. As an investor, you have two main options: you can purchase PYTH directly (“spot” buying), where you actually own the tokens, or you can trade its price through crypto CFDs (contracts for difference) without holding the real coins. Each method has its pros and cons regarding ownership, leverage, and risk. You’ll find a detailed comparison of leading platforms and their features further down this page.

Spot Purchase: Buying and Owning PYTH

Spot buying means purchasing real PYTH tokens and holding them in your wallet—you fully own your crypto. Most South African platforms charge a fixed commission per transaction, for example, around 0.10% to 0.25%, plus a possible flat admin fee. If the PYTH price is $0.1161 (about R2.14 at an exchange rate of R18.4 per USD), with R20,000 (~$1,086), you can purchase approximately 17,211 PYTH coins, factoring in about R100 (~$5) in transaction fees.

Profit scenario

If PYTH rises by 10%, your coins are now worth R22,000. Your gross gain: +R2,000, or +10% on your investment.

Trading PYTH via CFDs

CFD trading allows you to speculate on PYTH’s price movement without actually owning the tokens. Instead, you open a position reflecting PYTH’s price, often using leverage. The main fees are the spread (difference between buy/sell price) and nightly financing (overnight) costs if you hold the position. For example, with R20,000 and a leverage of 5x, you control a R100,000 exposure to PYTH’s price.

Profit scenario

If PYTH’s price increases by 8%, your CFD position gains 8% × 5 = 40%. Result: you earn R8,000, a 40% gross gain on your initial R20,000, before fees are deducted.

Final Advice

Always compare the fees, trading conditions, and risk levels of different platforms before investing, as these factors can impact your returns. Your choice between spot purchase and CFD trading should reflect your investment goals and level of experience. For personalized comparisons and up-to-date platform rankings, see the platform comparison table lower on this page.

Our 7 tips for buying Pyth Network

The latest news from the Pyth Network

Pyth Network has sustained fundamental growth with over $1 billion secured and 520 applications using its data. Its real-time price feed infrastructure now delivers 280 million+ price updates daily across more than 100 blockchains, highlighting scalability and network expansion. This technical and usage growth is notable for African DeFi innovators—including those in South Africa—who demand reliable, low-latency oracles for on-chain financial products and services.

Recent major exchange listings, including Robinhood and close collaboration with Coinbase International, have amplified PYTH’s global accessibility. These developments make the token easily available to South African investors via leading centralized exchanges with local presence or fiat on/off ramps. Broader access, alongside support in mainstream wallets such as Trust Wallet and Binance Web3, reinforces PYTH’s utility for a digitally active population.

Pyth maintains its position as the world’s largest first-party oracle, now partnered with global financial leaders like Jane Street, CBOE, Binance and others. Such partnerships ensure high-quality, institution-grade price feeds, addressing a critical need for local exchanges and South African fintechs that require direct, non-aggregated market data. This is especially pertinent given the accelerated embrace of blockchain solutions in ZA’s banking and trading sectors.

Market sentiment remains cautiously optimistic, supported by a strong consensus price target of $0.151, roughly 30% above current levels. While the short-term trend is colored by recent volatility—mirroring the wider crypto market—analysts point to PYTH’s innovative fee structure, its pull oracle model reducing costs, and optimistic long-term forecasts (potentially up to $4.50 in bull scenarios) as constructive signals for institutional or retail holders in South Africa seeking value in blockchain infrastructure plays.

PYTH’s regulatory profile as a utility token further favours adoption in South Africa, where authorities are clarifying crypto frameworks and stressing innovation. PYTH is not considered a security in most major jurisdictions, including those scrutinized by local regulators, and its DAO-based governance aligns with South Africa’s shift towards open, transparent digital finance—potentially smoothing compliance pathways for integration into local DeFi products and exchange services.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.