Kategorie: Crypto News

• Pyth Network (PYTH) is now tradable on Robinhood, including in New York.
• PYTH’s price currently holds above key support at $0.0533.
• The next key resistance levels to watch are $0.0813, $0.1291, and $0.1720.

Pyth Network (PYTH) is making waves after news of its official listing on Robinhood Crypto.

The announcement came through Robinhood’s official X account on January 27, 2026, confirming that $PYTH is now available to trade, including in New York.

$PYTH is now available to trade on Robinhood Crypto, including NY. pic.twitter.com/3SJsQZ2zbS

— Robinhood (@RobinhoodApp) January 27, 2026

This move adds significant retail exposure to the token and marks a notable milestone for Pyth’s adoption.

Robinhood listing boosts PYTH’s accessibility

The listing on Robinhood is especially important because it opens the doors to millions of retail investors.

Robinhood has been actively expanding its crypto offerings, including staking and self-custody features, as well as derivative products in Europe.

Adding PYTH aligns with Robinhood’s broader strategy of providing a diverse and accessible cryptocurrency suite.

By making PYTH available on a mainstream platform, Robinhood increases the token’s visibility and liquidity.

This could attract traders who were previously hesitant to explore altcoins outside major exchanges.

The inclusion of PYTH also highlights the growing interest in blockchain oracle networks.

Pyth operates as a real-time data oracle, supplying price feeds for cryptocurrencies, equities, and commodities.

Its role in decentralised finance and data provisioning could make it a valuable tool in the broader blockchain ecosystem.

Market reaction

PYTH is currently trading around $0.05978, with a 24-hour gain of approximately 1.1%.

The token’s market capitalisation stands at roughly $343 million, while its fully diluted valuation is around $597 million.

Daily trading volume is healthy at nearly $18 million, indicating consistent market activity.

The circulating supply is about 5.75 billion PYTH out of a total of 10 billion tokens.

Despite the recent bounce, PYTH remains significantly below its all-time high of $1.20, reached in March 2024.

The token’s all-time low occurred recently at $0.05333, reinforcing the importance of this level as a critical support.

Historically, PYTH has shown resilience in trading, with modest volatility over one-day, seven-day, and one-month periods.

This activity demonstrates a solid base from which the token could potentially stage a recovery.

PYTH price outlook

PYTH’s Robinhood listing has renewed interest in the token and strengthened its market presence.

Notably, retail accessibility, growing liquidity, and its role as a blockchain oracle combine to create positive sentiment.

Moving forward, traders should keep an eye on the support at $0.0533.

Maintaining above this price is crucial for any sustained upward momentum.

If the altcoin maintains the bullish momentum, the first major resistance lies at $0.0813.

According to market analysis, a breakout above $0.0813 could open the path to the second resistance at $0.1291 and even the third resistance level at $0.1720.

The post PYTH price holds above support after Robinhood listing, key resistance levels ahead appeared first on CoinJournal.

• Akash Network price rose sharply to hit highs of $0.53 on Tuesday.
• The token rallies as the decentralized AI sector attracts attention.
• Buyers may target $1 next, although bearish pressure persists.

Akash Network’s AKT token climbed sharply on Tuesday, rising about 15% over the past 24 hours as renewed investor interest in decentralized artificial intelligence infrastructure lifted prices across the sector.

While the advance lagged gains seen in tokens such as Hyperliquid, Pump.fun and Axie Infinity, AKT outperformed many of its peers, reflecting growing confidence in decentralized cloud platforms as alternatives to centralized providers.

AKT leads gains among decentralized AI tokens

The broader crypto market posted modest gains on January 27, but a handful of AI-linked tokens recorded outsized moves.

AKT rose to around $0.53, up from intraday lows near $0.41, placing it among the strongest performers in its segment.

Trading activity also accelerated sharply, with 24-hour volume jumping more than 600% to above $45 million.

The surge lifted AKT above many decentralized AI peers, including established projects such as Bittensor and Render, which posted more muted intraday advances.

Market participants attribute the rally to increased attention on Akash Network’s role in distributed AI inference, as demand for decentralized GPU compute continues to grow.

Analysts also point to signs of larger-holder activity and broader sector momentum as contributing factors.

Adoption narrative supports near-term outlook

Interest in AI-related crypto assets has increasingly shifted toward practical adoption rather than speculative themes.

Projects such as Render, Bittensor, NEAR, and Virtuals Protocol have all seen recent price strength tied to real-world usage of AI infrastructure.

Akash Network, which operates a decentralized cloud and GPU marketplace for AI training and inference, has benefited from that shift in focus.

Analysts say investor interest has been supported by the platform’s positioning within the expanding AI compute market.

From a technical standpoint, AKT is showing broadly constructive signals, although near-term indicators remain mixed.

Prices are consolidating around the $0.48 to $0.50 area, a zone that represents near-term supply.

A sustained break above this level would be needed to extend the rally.

If momentum continues and broader market conditions remain supportive, analysts see potential upside toward $0.74, a level backed by improving MACD signals and a recovering relative strength index.

Further out, $1 and $2 are viewed as longer-term reference points, having marked key peaks in the previous market cycle.

However, analysts caution that volatility remains elevated. Profit-taking could trigger pullbacks, with initial support seen in the $0.43 to $0.35 range.

 

 

 

The post Akash Network rallies 15% as demand grows for decentralized AI infrastructure appeared first on CoinJournal.