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Cryptocurrency News Articles
Pi Network (PI) Price Surges 35% After Integrating with Chainlink's Decentralized Oracle System
Apr 15, 2025 at 08:05 pm
Pi Network has taken a major leap toward real-world adoption by integrating with Chainlink's decentralized oracle system.
Pi Network, the cryptocurrency project that’s aiming for mainstream appeal, has taken a major step toward real-world adoption with the integration of Chainlink’s decentralized oracle system.
This partnership will enable smart contracts and dApps to access live Pi coin (PI) data, unlocking a wide range of new use cases. In the days since the announcement, the PI price has surged nearly 35%, prompting fresh predictions of a rally toward $2.5.
As Pi Network’s ecosystem matures, investors and analysts are showing renewed interest in this unique cryptocurrency.
Chainlink Integration Sparks Pi Coin Surge
Pi Network, known for its mobile mining app and focus on a large user base, has been busy integrating key crypto technologies. A recent post on X (formerly Twitter) confirms that Chainlink is now supporting Pi with 22 new data feeds.
Announcing the integration of Chainlink's decentralized oracle network to support Pi Network.Chainlink will provide Pi with 22 new data feeds, enabling smart contracts and blockchain platforms to access live price information for the Pi token. This partnership unlocks a wide range of new use cases for dApp developers who want to build more practical use cases using Pi's ecosystem.
"We are excited to be working with Chainlink to bring the benefits of decentralized oracles to the Pi ecosystem," said the Pi Network team. "This partnership will help us to scale and maintain the integrity of our network."
Chainlink is a leading provider of decentralized oracle services, which connect smart contracts to external world data and events. The company's oracles are used by some of the largest and most-trusted blockchain platforms, including Ethereum, Solana, and Polygon.
The integration of Chainlink's oracles is a crucial step for Pi Network as it transitions from a testnet experiment to a real contender. With growing interest from developers and new integrations on the horizon, Pi Network appears to be making significant progress in its journey toward mainstream adoption.
According to experts, the connection to Chainlink could be a game-changer for Pi coin’s long-awaited open mainnet launch. The more integrators and developers who join Pi Network, the more it stands to realize its full potential and contribute to the broader Web3 ecosystem.
Pi Network Price Analysis of April 15
While long-term predictions look bullish, the short-term 5-minute PI/USDT chart on April 14th started with bearish momentum. It’s fueled by the previous day’s golden cross on the MACD line. Despite the bullish signal, the price moved sideways in a tight range, showing hesitation in market direction. A death cross on the MACD appeared at 12:40 UTC, signaling a shift in sentiment. This move was reinforced by an RSI oversold condition at 13:30 UTC, indicating weak buying pressure. Another oversold RSI reading emerged at 15:45 UTC, but the price action stayed limited, continuing the slow descent within a downward channel through the end of the day.
Chart 1, analyzed by ShwetaCW, published on TradingView, April 15, 2025
As shown in the PI/USDT chart, on April 15th, the MACD printed a golden cross at 09:00 UTC, suggesting a possible reversal as buying interest picked up. The momentum has since turned cautiously bullish. According to Pi price prediction, if the bullish momentum sustains, it could break the resistance level at $0.7665 and aim for $0.8000 or beyond. On the flip side, if the trend weakens again, Pi could fall below the $0.7133 support and head toward $0.6500. Traders should watch the MACD and RSI signals closely to gauge the next short-term direction.
Pi Network’s Long-Term Vision Gets a Boost
The Chainlink integration has positioned Pi Network for broader adoption and real-world utility. According to DeepMind AI, the average price of Pi coin could reach $2.51 by 2030.
The integration with Chainlink will enable smart contracts and dApps to access live Pi price data, unlocking a wide range of new use cases. For example, decentralized exchanges (DEXs) could use Chainlink's price feeds to facilitate seamless and trustless atomic swaps between Pi and other cryptocurrencies. This would enable liquidity providers and traders to participate in a decentralized and transparent ecosystem.
Moreover, Chainlink's integration could pave the way for the creation of new financial instruments and derivatives tied to the Pi token. As the cryptocurrency market continues to evolve, the demand for sophisticated financial products is expected to increase.
Finally, Chainlink's decentralized oracle network could be used to connect the Pi blockchain to real-world events and data, further expanding the possibilities for dApp development. For instance, Chainlink's VChain technology
Disclaimer:info@kdj.com
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