# PYTH Rises More Than 12% as Token Breaks Above $0.086

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/28183
Published: 2026-10-08T14:34:31.000Z
Updated: 2026-10-08T14:34:31.000Z
Section: Investing

> 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.