CoinInsight360.com logo CoinInsight360.com logo
crypto.news 2025-04-14 14:57:52

Pi Network gains 35% in one week after Chainlink integration — analysts now eye over 220% upside

A 35% gain in just one week has put Pi Network back in the spotlight after its Chainlink integration. Analysts say a 200% surge is possible. Table of Contents Pi coin surges Why Chainlink matters to Pi Network Inside Pi Network’s ecosystem Pi network price prediction Pi coin surges After weeks of muted action, Pi Network ( PI ) is back on the radar. As of Apr. 14, the token is trading around $0.75, up over 35% over the past seven days. That makes it one of the stronger performers among mid-cap assets this week. The recent uptick follows a key integration with Chainlink ( LINK ), a widely used decentralized oracle network, which officially added Pi Network on Apr. 12. In just the past week, 22 new assets became supported by Chainlink Data Streams ↓ pic.twitter.com/PewDOe0twu — Chainlink (@chainlink) April 12, 2025 The market reacted quickly. On Apr. 12, just after the announcement, Pi jumped from $0.63 to a high of $0.78, marking a gain of about 23% within a few hours. While the price has since pulled back slightly, Pi’s market cap remains stable at $5.14 billion. That positions it as the 24th largest crypto asset by market value and suggests renewed investor interest, despite a broader one-month decline of nearly 48%. So, what does this all mean for Pi going forward? And can the Chainlink integration fuel more sustained momentum, or is this just a short-term reaction? Let’s break down what’s happening. Why Chainlink matters to Pi Network To understand the relevance of Chainlink’s integration with Pi Network, it helps to start with the basics. Blockchains , by design, cannot access data from outside their own network. So when a smart contrac t needs real-world information, such as token prices or external updates, it requires a secure method to bring that data on-chain. This is where Chainlink comes in. Chainlink is a decentralized oracle network that delivers verified, real-time information to blockchain applications. Its Data Streams feature provides continuously updated pricing data, such as the current value of PI, in a secure and tamper-resistant way. With this integration, Pi Network now gains access to a key piece of infrastructure that supports decentralized finance use cases. In practical terms, developers can begin building decentralized apps involving lending, borrowing, staking, or blockchain-based gaming, with Pi functioning as an active, usable asset. For example, a lending platform operating on Ethereum ( ETH ) or Avalanche ( AVAX ) could incorporate Pi by using live price feeds to calculate interest rates or set collateral requirements, all without relying on centralized exchanges for that data. This also opens up greater interoperability. With access to Chainlink’s infrastructure, Pi becomes more attractive to developers and applications that operate beyond its native ecosystem. For Pi Network, which has focused on building a mobile-first crypto ecosystem and claims over 100 million users globally, this addresses a key limitation. Many early-stage tokens struggle to offer reliable data for smart contracts. Without that, developers face constraints, and users hesitate to engage. In simple terms, the Chainlink integration improves Pi’s technical foundation. It gives the token a clearer path toward real-world utility in the DeFi space, which could influence both its adoption and perception over time. Inside Pi Network’s ecosystem As Pi Coin gains market attention, its broader ecosystem is also beginning to show visible progress, though not without some friction . Since the mainnet launch on Feb. 20, Pi Network reports that over 10.14 million users have successfully migrated to mainnet. This number exceeds the project’s initial goal of 10 million but still represents only a small portion of its claimed 100 million-plus user base. So far, just 19 million users have completed know your customer verification, which is required to access token transfers and participate in the ecosystem. The KYC process continues to be one of the biggest sticking points. Although Pi Network has extended its KYC and migration deadline multiple times, most recently to Mar. 14, many users still report technical problems, including delayed verification, unverified balances, and unresolved support tickets. These ongoing issues have caused concern among users who worry about potentially losing access to their tokens if the problems remain unaddressed. Despite these obstacles, Pi Network has continued working to expand its ecosystem through decentralized apps. According to the team, more than 100 dApps are either currently in development or already mainnet-ready, spanning categories such as e-commerce, gaming, financial services, and NFTs . One of the more notable developments is the Pi Ad Network. This feature allows app developers to monetize their traffic by displaying ads that are paid for using Pi Coin. Advertisers must purchase and spend Pi in order to place ads across participating apps, while developers earn ad revenue based on the engagement their apps generate. Following a pilot phase involving five community apps, the Pi Ad Network is now available to all developers whose apps are listed within the Mainnet Ecosystem Interface. However, unless the KYC process sees faster resolution and a broader portion of users gain access to their Pi tokens, the impact of these ecosystem tools may remain limited. The infrastructure is steadily taking shape, but the pace at which users can engage with it will likely determine how far Pi Network can go in turning adoption into long-term utility. Pi network price prediction Market forecasts for Pi Coin over the near term are leaning bullish, at least according to current trend models. CoinCodex projects that Pi’s price could rise by more than 228%, reaching $2.48 by mid-May 2025. Their shorter-term models are also optimistic, predicting continued upside over the next five days. Momentum indicators seem to support this outlook. Most daily simple and exponential moving averages — including the 3-day, 5-day, 10-day, and 21-day SMAs and EMAs — are currently flashing “buy” signals. The only outlier is the 21-day EMA, which suggests a possible short-term pullback. Other long-range forecasts offer a more cautious view. DigitalCoinPrice, for instance, expects Pi to average around $1.53 in 2025, with price projections ranging from $0.66 to $1.66 over the year. That said, Pi remains a highly speculative asset still in the early stages of development. The token only launched on mainnet in Feb. 2025, and a large portion of its user base is still completing KYC verification. As a result, market activity is limited when compared to more established assets. Trading access is also restricted. Pi is not yet widely available on major exchanges, and pricing may differ across external feeds. Investors should be cautious when interpreting prediction models. These forecasts rely on historical trends and algorithmic assumptions that often fail to capture unpredictable events, including technical setbacks, regulatory developments, or sudden changes in user participation. For those considering an entry, Pi should be treated as a high-risk asset. Any investment decision should be made with care. As always, trade wisely and never invest more than you can afford to lose. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

https://www.digistore24.com/redir/325658/ceobig/
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.