PYTH rebounds 14% from all-time low amid rising demand and staking, hinting at a possible sustained recovery.

PYTH Network's price dropped to a record low of around $0.04 before bouncing back 14%, suggesting renewed investor interest after a broad market selloff. Despite facing a major supply zone that could limit gains, rising staking values, increased trading volume, and positive momentum indicators point to sustained buying pressure. Additionally, a positive funding rate in PYTH's futures market indicates fresh capital inflows and bullish trader sentiment. These factors collectively suggest that PYTH may continue its upward trend rather than just a temporary rally.