The $PYTH partnership with the U.S. Department of Commerce is about putting the U.S. quarterly GDP figures on-chain. PYTH (data validation and distribution) + $W (multi-chain interoperability) are responsible for this. This marks the first official adoption of blockchain data infrastructure by a U.S. federal agency and is akin to proving compliance with [government-level data integrity requirements]. --- There has been a confirmed influx of new investors with a net inflow of 15.3M pyth into new wallets over the past 24 hours (2-3 times the usual). Of course, with the surge in OI and significant leverage funds coming in, caution is advised regarding volatility. As mentioned above, since this is a 'historic moment', it seems likely that this atmosphere can be sustained. If we turn our hopes a bit further, it expands the possibility of 'new financial products with government data', which is very positive for DeFi as well. (There could be benefits like GDP-linked derivatives, macro index tokens, and automated DAO financial management.) --- The competition with $LINK and the renaissance of oracles may also come to the forefront. Chainlink has significantly expanded into traditional finance, so it doesn't seem like they will be falling behind immediately. (It's more likely to be a coexistence model rather than fierce competition.) Here, $W Wormhole could be positioned as essential middleware, and we might expect steady activation. -> Just looking at it now, there are wormhole messaging occurrences among 9 chains with each GDP/CPI update. Expanding additional datasets = linear increase in message volume = potential connection to $W value increase? Of course, this isn't an immediate story, so we shouldn't get ahead of ourselves, haha. The current rise is ultimately due to 'expectation'. ---- @Surf_Copilot Surprisingly, all this data is powered by Surf. Of course, I've mixed in my own views as well. The important thing is that the gap will likely widen between those who utilize AI in the future. Especially, a craftsman does not blame the tools? No, no, I think tools will account for over 90% now. So just make sure to try Surf without fail. Free trial codes: BQIQVQ4WK4S6 1ENZTQ6UCBPR 4GSEIOTENQVT 9CXE3VAWG0ON
Huh? Why is this happening all of a sudden? Is this about finding $W?
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