The U.S. Department of Commerce recently announced the selection of 10 blockchains for government macro data on-chain collaboration, including well-known projects such as PYTH, LINK, ARB, Avax, and Base. This news has sparked varying degrees of response in the cryptocurrency market, particularly highlighting the performance of the PYTH and LINK projects.

PYTH has performed particularly well, with a significant price increase, becoming the biggest beneficiary of this news. In contrast, LINK's increase is relatively moderate, rising by only about 8%. This difference may stem from the varying current market positions and development stages of the two projects.

As a well-established project, LINK's price is already close to its historical highs and is facing significant selling pressure and profit-taking. In this situation, even with positive news, it is difficult to see a significant breakthrough in the short term. Analysis suggests that LINK may need to go through a period of consolidation before a new round of upward opportunities can arise, once the chips have sufficiently changed hands.

In contrast, PYTH, due to its current price being a certain distance away from its historical peak, is more likely to attract funding interest under favorable conditions, demonstrating stronger upward momentum.

The news of the U.S. government's collaboration on blockchain data integration undoubtedly injects new vitality into the blockchain data service sector. It not only demonstrates the government's recognition of blockchain technology but also brings substantial application scenarios and development opportunities for related projects.

However, the market's overall reaction to this news has been relatively muted, which may reflect investors' attitudes towards blockchain projects becoming more rational, placing greater emphasis on long-term development potential rather than short-term benefits.

In the future, the development of projects such as LINK and PYTH will depend on how they seize this opportunity, expand their business scope, enhance their technical strength, and maintain a competitive edge in an increasingly fierce market. While investors pay attention to short-term price fluctuations, they should also closely monitor the long-term development strategies and practical application progress of these projects.