Pyth flips Chainlink in 30-day volume, Chronicle CEO weighs in
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Oct 30 2024Pyth Network's Growth: Pyth Network has surpassed Chainlink in 30-day transaction volume, reaching $36 billion, due to its pull-based Oracle model that is optimized for high-frequency applications like trading.
Oracle Market Dynamics: Niklas Kunkel highlighted a shift in the Oracle landscape, with Pyth and other providers gaining traction by focusing on speed and efficiency, while traditional models like Chainlink face challenges in innovation and operational costs.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
