Pyth Network Jumps 8.9% to $0.063 as Rival Switchboard Shuts Down
- —PYTH trades at $0.063, up 8.9% in 24 hours
- —Switchboard is closing and redirecting clients to Pyth and RedStone
- —Trading volume is 76.51% below the 30-day average
- —Token remains 94.42% below its all-time high of $1.14
Why it matters: A rival's shutdown could accelerate Pyth's share gains in the oracle market, but thin volume casts doubt on the rally's durability.
Source: DiarioBitcoin