BiyaPay Analyst: Official Economic Data On-chain, Oracle Race Welcomes New Opportunities

BlockBeats News, August 29th: The U.S. Department of Commerce announced that starting in 2025, quarterly GDP data will be published on 9 public blockchains such as Bitcoin, Ethereum, Solana, etc., and disseminated through Chainlink and the Pyth Network, achieving the first-ever on-chain macroeconomic data. In response to this news, the PYTH token surged over 100%, while the LINK token saw a short-term increase of nearly 5%.

BiyaPay analysts pointed out that this will enhance data transparency, injecting new energy into RWA and DeFi innovation, with the oracle track expected to see rapid development.

The BiyaPay multi-asset trading wallet will continue to provide users with one-stop services such as global remittances, cryptocurrency trading, and U.S. and Hong Kong stock investments, helping investors remain agile in complex markets.