Why PYTH crypto’s 14% rally could extend as staking hits $92.76M

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PYTH token gained approximately 14% in one day, driven by growing activity in spot and perpetual markets. Staking reached $92.76 million, a level last seen on January 15, 2026, reflecting investor confidence. Open Interest on perpetual contracts surged over 10% to $57 million, with funding rate positive at 0.0056%, confirming long position dominance. However, liquidations remain tight between long and short positions, with longs at roughly $54,810 and shorts at roughly $56,930.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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