Pyth Network (PYTH) has exploded 28.3% in the past 24 hours, trading at $0.062484 as of 15:52 UTC on February 14, 2026, with trading volume surging to $107.49 million.
The oracle platform token has extended its weekly rally to 37.1%, marking one of the strongest performances in the decentralized finance infrastructure sector. PYTH’s market capitalization has jumped 25.7% to $358.12 million, placing it at rank #123 among all cryptocurrencies.
Key Price Movements
PYTH broke through multiple resistance levels during today’s trading session, reaching an intraday high of $0.062282. The token has recovered significantly from its all-time low of $0.037231 recorded on February 6, 2026, representing a 65% gain in just eight days.
The past hour alone saw a 10% price increase, indicating accelerating momentum as traders pile into the oracle token. The 24-hour trading range stretched from a low of $0.048404 to the current level, showing high volatility and strong buying pressure.
Market Context
With 5.75 billion PYTH tokens in circulation out of a maximum supply of 10 billion, the current fully diluted valuation stands at $622.82 million. The significant gap between market cap and FDV suggests substantial token unlocks remain scheduled.
Despite today’s impressive rally, PYTH remains down 94.9% from its all-time high of $1.20 reached on March 16, 2024. The token has also declined 8.5% over the past 30 days, making today’s surge a notable reversal of the recent downtrend.
Oracle Sector Strength
Pyth Network provides real-time price feeds for decentralized applications across multiple blockchains, competing with established players in the oracle infrastructure space. The protocol’s price data is utilized by numerous DeFi protocols for accurate asset pricing.
Today’s volume spike to $107.49 million represents significant interest from traders, suggesting potential accumulation by larger market participants. The sustained hourly gains indicate this may be more than a brief pump, though traders should exercise caution given the token’s historical volatility.
Market participants will be watching whether PYTH can maintain support above the $0.060 level in coming sessions, which could confirm a trend reversal after weeks of bearish pressure.
Stay informed with daily updates from Blockchain Magazine on Google News. Click here to follow us and mark as favorite: [Blockchain Magazine on Google News].
Disclaimer: Any post shared by a third-party agency are sponsored and Blockchain Magazine has no views on any such posts. The views and opinions expressed in this post are those of the clients and do not necessarily reflect the official policy or position of Blockchain Magazine. The information provided in this post is for informational purposes only and should not be considered as financial, investment, or professional advice. Blockchain Magazine does not endorse or promote any specific products, services, or companies mentioned in this posts. Readers are encouraged to conduct their own research and consult with a qualified professional before making any financial decisions.
About the Author: Ananya Melhotra
