Pyth Network Surges 14% Following New Revenue Buyback Policy

The new policy, dubbed the “100% Rule,” mandates that all funds received from Pyth Pro subscriptions, the Data Marketplace, and Pyth Indices be utilized for PYTH accumulation. Previously, these acquisitions required individual governance votes and were limited to a portion of the non-PYTH treasury. By automating the process, the DAO has established a permanent mechanism for demand, with purchases already underway as of late September.

This governance overhaul coincides with a period of significant growth for the network. Pyth reported $11.5 million in annual recurring revenue for September, an 86% increase from the previous quarter. The platform has expanded its reach, now tracking over 3,811 symbols and providing data for major financial entities, including Nasdaq. The project’s reserve currently holds approximately 42 million tokens, which the organization plans to leverage to support ongoing development and ecosystem contributors.

Technical signals show the token testing resistance levels between $0.086 and $0.090, supported by a 24-hour trading volume that surged 287% to roughly $119 million. While the Relative Strength Index (RSI) is nearing the overbought threshold of 70, the price remains above its key 20-day and 50-day exponential moving averages. Mike Cahill, CEO of Douro Labs, characterized the move as a major step in aligning the network’s commercial success with its long-term financial health.