In the Crypto Assets market, the WLD coin has finally welcomed new growth momentum after a year of Sideways consolidation. Currently, WLD is fluctuating around $1.7, with considerable pump potential remaining before its historical high of $11. Although the selling pressure from daily unlocks has caused some investors to feel concerned, the market seems to be ready to cope.

According to estimates, by December of this year, approximately $360 million will be needed to absorb the selling pressure from the unlocking. However, institutional investors have already begun to enter the market actively. For example, Eitco Holdings announced the raising of $250 million specifically for the purchase of WLD, and BITMINE also increased its holdings of WLD by $20 million. These inflows are expected to balance the selling pressure caused by the unlocking and provide support for the price of WLD.

Another project worth noting is PYTH. Although PYTH has experienced consecutive declines recently, market sentiment seems to be improving, and a rebound may be imminent.

PythNetwork, as an innovative oracle project, adopts a unique operating model. It directly obtains first-hand data from over 120 exchanges and market makers to provide real-time prices, random numbers, and relay services for more than 100 blockchains, ensuring the accuracy and timeliness of the data.

PythNetwork's goal is not limited to the DeFi space, but also plans to enter the traditional financial market data industry, which is valued at $50 billion. The project allows any project to access without permission, while PYTH token holders can participate in project governance and voting.

Recently, PythNetwork has made two significant advancements: first, it has been selected by the U.S. Bureau of Economic Analysis to publish official GDP data on the blockchain; second, the project has launched its Phase Two roadmap, focusing on institutional data monetization and the revenue-sharing mechanism for PYTH token holders.

With its unique 'first-party data' model and strong institutional partnerships, Pyth is becoming an essential data infrastructure in the blockchain ecosystem. As one of the leading projects in the oracle space, the development of PythNetwork is worth continued attention from the market.