The Pyth network has become one of the most talked-about projects in crypto this week. Over the last 24 hours, its value jumped by 94%, while the broader crypto market actually fell by 1.26%.
This strong rise has also pushed its seven-day rally to 96%.
Many analysts are now closely watching this surge, asking what is driving the momentum behind this currency and how long it might last.
One of the biggest reasons for the rally is a new partnership between the U.S. Department of Commerce and the pyth network.