PYTH has experienced a significant price drop of 76%, currently trading at $0.05762, as the broader cryptocurrency market faces continued weakness. The token has seen a 12.9% decline over the past week and a 33.7% decrease over the past month. A major factor contributing to this decline was a 58% token unlock on May 18, 2025, although 47% of the tokens remain locked.
In response to the price drop, Pyth has initiated the 'PYTH Reserve' buyback program on December 12, 2025. This initiative aims to stabilize the token's price and restore investor confidence amid the ongoing market challenges.
PYTH Price Plummets 76% Amid Market Weakness, Launches Buyback Program
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