PYTH cryptocurrency surged about 14% driven by strong activity in both Spot and Perpetual markets, with a positive Funding Rate indicating bullish dominance. Open Interest in the Perpetual market rose over 10% to $57 million, while staking reached a yearly high of $92.76 million, signaling growing investor confidence. However, the narrow gap between long and short liquidations suggests caution, as market dynamics could shift. Investors should watch liquidation trends closely despite the current bullish momentum.
As of Sep 28, 2026 11:21 WIB, PYTH trades at Rp1.480 on Pluang, showing a modest 1-day gain of 0.57%. Despite the news of a 14% rally, Pluang data reveals a predominantly selling order activity at 97%, with only 3% buying interest. The market cap stands at Rp11.57 trillion, highlighting substantial investor engagement even as typical hold time is 59 days.
PYTH token gained about 14% within 24 hours as derivatives trading and staking activity showed mixed signals. Open interest in PYTH perpetual markets increased over 10% to $57 million, indicating more new positions but also higher liquidation risk. S...
Quant (QNT) led the day's crypto gainers with an 83.6% price surge to $184.34, driven by rising demand for its Overledger technology that connects multiple blockchain networks. This highlights increasing investor interest in interoperability solution...
