Pyth Network (PYTH) is on the offensive: ATH is close!

Gaining momentum with the Stakedrop craze, Pyth Network (PYTH) left behind a large part of the altcoin market.

With the airdrop trend gaining demand day by day, the increase of Pyth Network (PYTH) in related cryptocurrencies attracted attention. Pyth Network, one of the fresh projects of the Solana ecosystem, has started again, although it recently issued a correction. Additionally, PYTH, which recorded an increase of 10.81 percent in the last 24 hours, ranked fourth on the "Top Rising" list.

## Intermediate corrections could not prevent the rise!

PYTH, which was listed simultaneously on many cryptocurrency exchanges, faced harsh selling pressure in the first days. In fact, the popular coin, which dropped to $ 0.45 on February 6, managed to rise afterwards, even though it created an atmosphere of panic. PYTH, which increased by 23 percent in a very short time, finds buyers at $ 0.5445 as of the writing of the news.

Factors such as the continuation of the stakedrop craze, the increase in demand for the Solana ecosystem or the continuation of the spring weather in BTC seem to move the parity to ATH. In such a scenario, $0.5787 and $0.5973 can be followed as resistance levels first.

Factors such as a decrease in airdrops to stakers, a negative news from the Solana ecosystem, or BTC falling below $ 43,500 will pull the PYTH price to lower levels. In such a scenario, withdrawals may occur up to 0.5299 – 0.5187 – 0.4855 and 0.4510 dollars, respectively.