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<ul class="news-points">
 <li>Pyth’s pull oracle boosts Solana DeFi reliability and data frequency, enhancing transaction efficiency.</li>
 <li>New pull oracle supports 500+ price feeds, providing Solana protocols with broader, efficient data access.</li>
 <li>Pyth’s dual oracle system ensures a smooth transition, offering improved reliability and security for Solana users.</li>
</ul>
Pyth Network has launched its pull oracle on the Solana blockchain. This innovative technology promises to reshape how developers access and utilize data on the blockchain, enhancing reliability, speed, and security for a wide range of applications.
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 Pull, Don't Push — Pyth's pull oracle has arrived to help power Solana DeFi <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f52e.png" alt="🔮" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/iwH1hnbJr6" target="_blank" rel="noopener noreferrer nofollow">https://t.co/iwH1hnbJr6</a>— Solana (@solana) <a href="https://twitter.com/solana/status/1802776248793321855?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 17, 2024</a>
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The Pyth pull oracle <a href="https://pyth.network/blog/pyth-network-pull-oracle-on-solana" target="_blank" rel="noopener noreferrer nofollow">lists</a> several advantages over its predecessor, the push oracle. The first is increased reliability as users can integrate price updates into their transactions, ensuring they always pass through. Moreover, this method overcomes the congestion issues that have previously hampered the “push” oracle.
Additionally, the new oracle boasts a higher frequency of updates. Consequently, Solana users gain access to real-time price data even …
The post <a href="https://coinedition.com/solanas-defi-ecosystem-gets-boost-with-pyth-networks-pull-oracle/" rel="noopener noreferrer nofollow">Solana’s DeFi Ecosystem Gets Boost with Pyth Network’s Pull Oracle</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Solana’s DeFi Ecosystem Gets Boost with Pyth Network’s Pull Oracle

Coin Edition

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