Grayscale’s selection of PYTH reflects the growing importance of the Pyth network in the Solana ecosystem, where nearly 95% of dApps rely on its real‑time price feeds for accurate data

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The Pyth network plays one of the most significant roles in the Solana ecosystem. By introducing Grayscale Pyth Trust, we aim to give investors access to additional higher-beta and higher-upside opportunities associated with the continued growth of Solana
Nearly 95% of decentralized applications on Solana leverage Pyth’s price feeds for real-time and secure data
According to Grayscale, the selection comes amid the Pyth network’s growing value in the Solana ecosystem. It delivers accurate and real-time data feeds essential for decentralized applications

Related people

Rayhaneh Sharif-Askary

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Grayscale Investments
Pyth Network