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BiyaPay Analyst: Official Economic Data Onchain, Oracle Track Welcomes New Opportunities
Summary: According to reports, the US Department of Commerce announced that starting in 2025, quarterly GDP data will be published on 9 public chains including Bitcoin, Ethereum, Solana, etc., and disseminated through Chainlink and Pyth Network, marking the first time macroeconomic data has been put onchain. In response to this news, PYTH surged over 100%, while ...
According to reports, the US Department of Commerce announced that starting in 2025, quarterly GDP data will be published on 9 public chains including Bitcoin, Ethereum, Solana, etc., and disseminated through Chainlink and Pyth Network, marking the first time macroeconomic data has been put onchain. In response to this news, PYTH surged over 100%, while LINK saw a short-term increase of nearly 5%.
BiyaPay analysts pointed out that this move will enhance data transparency and inject new momentum into RWA and DeFi innovation, with the oracle track expected to experience rapid development.
BiyaPay's multi-asset trading wallet will continue to provide users with one-stop services such as global remittances, cryptocurrency trading, and US-Hong Kong stock investments, helping investors navigate the complex market with flexibility.
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Link: BiyaPay Analyst: Official Economic Data Onchain, Oracle Track Welcomes New Opportunities [Copy]
