2025-12-20 07:22:50

Pyth Network ($PYTH) showing resilience with a 0.98% uptick to $0.0565, outpacing the broader crypto market's modest +1.29% daily gain. The upward pressure stems from two significant mechanisms working in tandem. DAO-led buyback programs ranging between $100K to $200K monthly are systematically absorbing selling pressure, effectively reducing circulating supply by approximately 7M PYTH tokens each month. Beyond these buybacks, institutional participation appears to be strengthening—a development that typically signals growing confidence in the protocol's value proposition and adoption trajectory. This combination of supply-side mechanics and institutional accumulation suggests the price recovery may have more structural support than typical relief bounces.

PYTH-0.44%

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GasFeeLover

· 12-23 05:24

DAO buyback + institutional buy the dip, this is the real support --- PYTH this wave is based on solid fundamentals, not that kind of superficial rebound --- Wait, can the destruction volume of 7 million coins/month really be sustained? Can the DAO treasury handle it? --- Institutions are accumulating, this is the signal, everyone --- It's a bit uncomfortable that the rise can't outperform the market, but the structure looks pretty good --- Just want to know how long this buyback plan can last... --- Hey, the supply-side mechanism is really interesting, feels much more reliable than just a pure tech upgrade --- Institutional participation enhancement? Just listen, still need to look at on-chain data in practice --- At this price for PYTH, if institutions really continue to enter the market, there might be more stories ahead.

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BuyHighSellLow

· 12-20 07:27

Pyth's combination of buybacks and institutional entry really seems to have some substance, not just a pure rebound. With a supply tightening of 7 million tokens/month, this number looks a bit aggressive. Need to ask how sustainable this is. Be cautious when following the trend; don't get caught off guard.

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LootboxPhobia

· 12-20 07:25

Pyth this time really has something, DAO buyback plus institutional bottom-fishing, supply side has support, unlike those purely speculative coins --- Wait, this increase is less than 1%, that's a bit exaggerated haha --- Institutions are entering, DAO is burning tokens, it doesn't seem like a short-term rebound, maybe there's real confidence --- 7 million tokens disappear every month? That definitely eases the circulating supply pressure a lot --- Supply-side support sounds good, but it still depends on adoption data, otherwise it's just a game of copying and pasting

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