Amid the crypto market hitting a crossroads near the weekend, the altcoins market is ending the week on a minor recovery note. With the increasing chances of a breakout rally next week, many altcoins offer a simple buy low, sell high opportunity.

While Chainlink retains a strong lead, Pyth's rapid rise in Total Value Secured hints at shifting dynamics in the Oracle market.

Explore top 5 promising cryptocurrencies in September that may offer potential for double return on your investment! This analysis discusses market trends, how these coins work, and their future prospects.

AltLayer has introduced Wizard, a platform designed to simplify the deployment and management of Actively Validated Services (AVS) for developers working within the EigenLayer ecosystem.

Pyth Network has partnered with Sony Group to deploy the Pyth Price Feeds on Soneium, Sony's Layer-2 blockchain platform on Ethereum. Pyth's partnership with Sony Group also includes Startale, the web3 tech platform behind multiple blockchain applications.

The cryptocurrency market has recorded a jump of 1.78% over the past day with a trading volume of $71.2 billion (+16.64%). However, top tokens repeatedly fail to break out of their crucial resistance levels. Suggesting a strong bearish sentiment at the upper levels.

Get more Crypto Updates https://www.youtube.com/channel/UCUv89KvVvjuH-NngyBhfwTg/about In this podcast, we dive into the world of oracles and why they are crucial for the crypto industry. Join us as we explore the Pyth Network and its impact on the market!

The altcoin leader, Ethereum price continues hovering close to its $2,500 level, indicating weak buying and selling pressure for this crypto token in the market. Notably, it is presently trading with a price tag of $2,584.36 and has a market cap of approximately $305 Billion.

TL;DR 2024 Predictions: Pyth Network (PYTH) is expected to trade between $0.29 and $1.38, with potential growth of up to 376.93%. 2025 Forecast: Estimates vary widely, with predictions ranging from $0.30 to $4.52, reflecting differing market outlooks.

The Open Network (TON) is a decentralized and open Internet platform made up of several components. These include TON Blockchain, TON DNS, TON Storage, and TON Sites.

The cryptocurrency industry has witnessed heightened volatility over the last few months. While bears dominated the markets, experts predict a turnaround in Q4 2024, with altcoins exploding in the upcoming months.

TON blockchain has integrated Injective (INJ) and Pyth Network (PYTH), further advancing Telegram's Web3 reach, reflecting the transformation of open finance.

TL;DR Strategic Partnership: TON and Pyth Network have teamed up to integrate Pyth's advanced data feeds, providing TON developers with high-quality, real-time pricing information essential for building innovative dApps.

Pyth says its real-time price data can help TON games build better in-game economies, as well as help DeFi projects expand their audience.

TON and Pyth's collaboration brings institutional-grade real-time price feeds to TON developers, enhancing DeFi innovation.

The Open Network (TON) has announced a partnership with decentralized data oracle Pyth Network to enhance data delivery for developers building on the TON blockchain.

Pyth Network is a platform dedicated to providing data to the blockchain through oracles.

PYTH, the token that powers oracle service provider Pyth Network, has witnessed a significant decline in its derivatives market. Its total open interest has fallen to an all-time low.

Here is how some of your favorite assets concluded the week.

Despite being a market leader in the oracle space, Chainlink (LINK) is showing signs of stagnation compared to newer, more dynamic competitors like Pyth Network (PYTH).

As a real-time market data provider, Pyth has secured various partnerships across the industry since the start of this year.

AltLayer, an open and decentralized protocol for rollups, has seen a sharp decline over the past 24-hours. The altcoin is hovering below the $0.15 support level amid a broader bearish market trend.

PYTH, the token that powers oracle service provider Pyth Network, has witnessed a 5% price rally in the past 30 days, driving its total open interest to a 14-day peak of $34 million.

AltLayer's crypto token, ALT, has experienced a significant decline, dropping over 17% since Monday. This downtrend arrives just as the blockchain scalability platform prepares for a massive token unlock today.

PYTH, the native token of the Pyth Network, has surged over 10% on Wednesday, becoming one of the top-performing altcoins of the day. Currently trailing only behind Flow (FLOW), Ethena (ENA), and Solana meme coin Popcat (POPCAT), PYTH's impressive intraday performance highlights its growing prominence in the cryptocurrency space.

AltLayer has announced changes to its token vesting schedule as the decentralized rollups protocol gears for its first unlock this week.

Due to organic, "market-generated" growth, the Oracle solution could witness another tenfold increase in trading volume.

Ondo Finance (ONDO) has experienced a significant price surge of 14% following its recent integration with the Pyth Network. This positive development has caught the attention of investors and market watchers alike.

$RNDR, $AVAX, and $PYTH, are three top altcoins that are at critical levels. The market is still waiting for a Bitcoin rally, which has still not arrived.

The recent recovery for ONDO bolstered bulls, but can they push forward?

Pyth's Express Relay ambitiously serves to reduce value extraction by intermediaries and improve liquidation execution efficiency.

Pyth Network, a prominent Solana-based provider of real-time market data for blockchain applications, officially launched its latest product, Express Relay, on the mainnet at today's inaugural Pyth Agora 2024 summit in Brussels.

Pyth Network, an oracle network for real-time market data, has introduced Express Relay to provide a solution to the problem of Miner Extractable Value (MEV).

TL;DR Pyth Network launches Express Relay to reduce MEV in DeFi and return millions to dApps. The tool connects DeFi protocols with search engines, excluding miners. Major industry players have already integrated this solution. Pyth Network has launched Express Relay, a revolutionary tool aimed at mitigating miner-mined value (MEV) in decentralized finance (DeFi) transactions.

Pyth Network has launched Express Relay on mainnet, introducing a decentralized solution to the issue of Miner Extractable Value (MEV) in DeFi transactions. The Pyth Network provides real-time market data for blockchain applications, focusing on securely and inexpensively bringing latency-sensitive financial data on-chain.

Oracle solution Pyth Network has launched Express Relay, designed to connect leading trading firms to DeFi protocols.

Pyth Network's Express Replay could significantly enhance DeFi efficiency and fairness, reducing costs and improving liquidity for protocols. The post Pyth Network debuts new DeFi tool to slash MEV and return millions to dApps appeared first on Crypto Briefing.

Pyth Network, a blockchain market and finance data oracle, has launched its latest product, Express Relay, as per the latest information shared with Finbold on July 11.

Global institutions are partnering with Pyth Network to shape the future of finance. That trend continues today as we welcome onboard AMINA Bank, a fully licensed Swiss bank and pioneer in the financial industry, as a market data provider to the network.

The altcoin market might crash again. why? Over 40 projects are set to unlock about $755 million worth of tokens.

Swiss crypto bank Amina Bank has partnered with Pyth Network to provide more accurate price feeds for users. This collaboration brings Amina Bank closer to its goal of enhancing the user experience and accessibility of Web3 applications.

The crypto markets are consolidating as the Bitcoin price plunges below $61,000, circulating bearish waves within the markets. Meanwhile, altcoins have also begun to correct to some extent, which signals that the token may undergo a fresh ascending trend very soon.

Pyth Network, a financial data oracle, has announced the addition of Aleno to its community of data providers, as per the latest information shared with Finbold on July 1.

TL;DR Several major cryptocurrency projects will unlock tokens worth $755 million in July. AltLayer leads with the most token unlocks, followed by Xai, Aptos, and Arbitrum. Other projects such as Optimism, Forta and Tornado Cash will also make significant unlocks this month.

Binance, the world's largest cryptocurrency exchange, has revealed plans to introduce new FDUSD trading pairs for both cross margin and isolated margin trading. The exchange will list several cryptocurrencies including ALT (Altlayer), ETHFI (Ether.fi), IO (io.net), MEME (Memecoin), PYTH (Pyth Network), TNSR (Tensor), and TAO (Bittensor).

Binance Margin expands trading options by adding new FDUSD pairs on Cross and Isolated Margin, enhancing user experience.

Pyth Network teams up with Morpho and Gauntlet to enhance lending protocols on Ethereum and Base using low-latency price data.

TL;DR Pyth Network has launched its Solana Extraction Oracle, improving the reliability and frequency of financial data. The new system replaces Push Oracle, offering updates only when requested. Important DeFi platforms on Solana have already migrated to the new Oracle.