Story Highlights The live price of the Tezos token is The XTZ price could soar as high as $2.65 in 2025. Tezos price, with a potential surge, could hit $9.36 by 2030. Tezos road to stardom was not an easy one, given the challenges, the coin has fast gained ground.
Grayscale, a major player in the asset management space, has launched a new fund aimed at providing exposure to an emerging altcoin.
Pyth Network: the new blockchain ecosystem.
Grayscale Investments has introduced the Grayscale Pyth Trust, a new investment vehicle offering accredited investors exposure to PYTH, the governance token of the Pyth oracle network. Pyth delivers real-time price feeds essential for decentralized applications (dApps), particularly within the Solana ecosystem, where it powers 95% of protocols.
Grayscale Investments has introduced the Grayscale Pyth Trust, allowing investors to gain exposure to the PYTH governance token while avoiding the technical challenges of direct cryptocurrency ownership.
The fund claims to offer “higher-beta” exposure to the growth of the Solana ecosystem as Grayscale continues to expand its suite of single-asset crypto funds.
Grayscale is adding to its offerings, debuting a Pyth Trust as demand for crypto-focused investment products surges.
Grayscale's Pyth Trust launch could accelerate institutional crypto adoption, offering a regulated pathway to emerging digital asset investments. The post Grayscale launches Pyth Trust for US accredited investors appeared first on Crypto Briefing.
Crypto-focused asset manager Grayscale has announced the creation and launch of the Grayscale Pyth Trust. Pyth Trust is a single-asset crypto investment fund designed to offer exposure to Pyth Network (PYTH), the native governance token of the oracle network's ecosystem.
The Grayscale Pyth Trust offers accredited investors exposure to PYTH, the governance token behind Solana's leading oracle network.
Crypto asset management firm Grayscale Investments has announced the launch of a new investible asset on Tuesday. The new Grayscale Pyth Trust will offer accredited investors exposure to PYTH, the governance token of the Pyth network.
Robinhood's expansion into Solana-based tokens could boost retail investor engagement and support the growth of decentralized finance ecosystems. The post Robinhood expands crypto offerings with Pyth Network token PYTH appeared first on Crypto Briefing.
Tezos (XTZ) emerged in 2018 as a promising blockchain platform focused on decentralized applications (dApps) and smart contracts. Initially, Tezos gained traction for its energy-efficient proof-of-stake (PoS) consensus model, which contrasted sharply with the more power-intensive proof-of-work (PoW) systems.
"We are thrilled to take this next step with the support of our investors," Fraktion's CEO said.
Etherlink's adoption surged with Web3 gaming and DeFi projects, driving NFT growth, while Tezos' Layer 1 activity declined by 5%.
In Q4 2024, Tezos's Etherlink, the EVM-compatible Layer 2 solution, saw its contract deployments surge by 184%.
Tezos (XTZ) has been a prominent player in the crypto space since its inception in 2018. Known for its focus on smart contracts, decentralized applications (dApps), and an eco-friendly proof-of-stake (PoS) consensus mechanism, Tezos has steadily garnered attention.
Tezos (XTZ) has established itself as a significant player in the cryptocurrency space, primarily due to its innovative proof-of-stake (PoS) consensus mechanism. The platform supports decentralized applications (dApps) and smart contracts, making it a strong contender in the blockchain market.
Tezos has activated the Quebec upgrade, introducing faster block times, improved staking, and refined economic mechanisms, strengthening its blockchain performance and decentralization.
Tezos has successfully implemented its 17th protocol upgrade, Quebec, marking another milestone in the blockchain's evolution. The upgrade introduces faster transaction speeds, improved staking mechanics, and refinements to token issuance, all aimed at enhancing the blockchain's functionality and sustainability.
TL;DR Pyth Network's Lazer Oracle offers ultra-low-latency price feeds, bridging the gap between DeFi and TradFi with real-time data updates. Key features include customizable frequency channels and detailed market data, enabling DeFi protocols to compete with centralized exchanges. The launch marks a significant milestone, eliminating inefficiencies and front-running risks, driving growth in the DeFi space.
Pyth Network has introduced Lazer, a new oracle solution designed to complement its existing Pyth Core offering.
The Tezos community is called to activate the Data Availability Layer, a pivotal technology for scaling rollups, promising a 20x to 4000x improvement in transaction bandwidth.
Pyth Network is partnering with Revolut to contribute to both centralized and decentralized financial markets. The pair will distribute Pyth's sophisticated price data through Revolut's massive user base.
Revolut, the U.K.-based digital banking giant, is the latest company to join the Pyth Network as a data publisher.
Revolut breaks new ground as the first traditional finance institution to join Pyth Network as a data publisher, aiming to enhance DeFi market transparency through reliable crypto price feeds.
TL;DR Revolut becomes the first banking data publisher to join the Pyth Network, integrating its data into Pyth's price feeds for DeFi applications. The Pyth Network, which provides real-time market data, will strengthen its infrastructure with this collaboration, expanding its feeds to over 500 sources.
PYTH is down by 9% in the past 24-hours despite the deal.
Revolut has teamed up with Pyth Network to contribute proprietary digital asset price data to its decentralized oracle system. This partnership seeks to empower DeFi applications with precise, real-time market data and improve decision-making for developers and users across blockchain ecosystems. The post Revolut Partners With Pyth Network to Supply Market Data appeared first on Cryptonews.
Pyth Network partners with Revolut to integrate digital asset data into DeFi, bridging the gap between TradFi and Web3.
Revolut will integrate its data into Pyth price feeds, allowing DeFi developers to incorporate it into their decentralized applications.
Story Highlights The live price of the Pyth token is . This altcoin could hit its potential high of $0.68 in 2025. PYTH price with a potential surge could go as high as $2.56 by 2030. The digital finance world is constantly evolving, and at the forefront of this evolution is the Pyth Network (PYTH).
Tezos (XTZ) is an innovative blockchain network known for its energy-efficient consensus mechanism and scalability. As of now, Tezos is trading at approximately $1.34, and its price trajectory in the coming years has become a topic of growing interest among crypto enthusiasts and investors.
This major development opens the door for DeFi applications tied to energy markets. By launching real-time oil price feeds, Pyth is bridging the gap between traditional financial markets and decentralized solutions.
Pyth Network has expanded its decentralized oracle services with real-time oil market data for WTI and Brent Crude Oil, enabling DeFi energy market applications.
A closely followed crypto trader and Elliott Wave specialist is forecasting rallies for several altcoins amid a correction in the digital asset markets. Pseudonymous trader Bluntz tells his 304,000 followers on the social media platform X that the utility token for decentralized oracle service Pyth Network (PYTH) has broken out of a bull flag pattern.
A new decentralized marketplace for uranium trading, powered by Tezos, has launched, revolutionizing access to uranium investments through blockchain technology.
Tezos aims to democratize the uranium trade, traditionally dominated by institutional investors, through Uranium.io. The post Tezos Aims to Democratize Uranium Trading with Blockchain-Based Uranium.io Platform appeared first on Cryptonews.
Uranium.io will operate as a dApp on Tezos based L2 blockchain Etherelink.
Uranium.io disrupts the market by tokenizing physical uranium and using blockchain technology, making uranium trading accessible to smaller-scale investors previously excluded by high minimum lot sizes.
Uranium.io, a decentralized application (dApp) on Tezos (XTZ), is now live, as reported to Finbold on Tuesday, December 3.
AI applications and data centers are creating a growing demand for uranium, which is now available for retail investors for the first time.
Today's cryptocurrency market fueled global investor speculation as Bitcoin and major altcoins showed declining price movements. XRP climbed 6% among the top 10 coins, while Shiba Inu and Tezos posted impressive gains of 13% and 20%, respectively.
The PYTH token has been on a stunning upward trajectory in recent months, posting an impressive 90.29% price increase in the past 90 days. Trading at around $0.475, PYTH is currently pushing against a significant resistance level at $0.52.
The digital assets landscape saw bullish actions today, with the global crypto market cap surging 1.78% to $3.32 trillion. The upside came as Bitcoin rebounded to a daily high of $97,357 early today. BTC changes hands at $95,650 at press time as enthusiasts await the highly sought-after $100,000 milestone.
November was marked by Bitcoin reaching a new all-time high, with other coins like Solana and SUI following its lead. Although the altcoins season may not be here yet, as BTC continues to dominate the charts, projects like Virtual Protocol (VIRTUAL), Pyth Network (PYTH), and Raydium (RAY) are showcasing impressive growth.
Binance's BNSOL introduces a revolutionary staking solution, allowing users to maintain liquidity while earning attractive rewards.