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PYTH Rises More Than 12% as Token Breaks Above $0.086
The move followed approval of a proposal to use 100% of Pyth product revenue to buy PYTH.

Pyth (PYTH) rose more than 12% on Oct. 8, breaking above $0.086 in a sharp short-term move that put the token in focus among traders tracking altcoin momentum.
The rally followed a Pyth DAO proposal approving the use of 100% of product revenue to buy PYTH. The decision links revenue generated by Pyth products directly to purchases of the network’s token.
PYTH’s move represents a notable gain for the asset in a single session, with the token crossing the $0.086 level during the advance.