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

The market reacted rapidly. On Apr. 12, simply after the announcement, Pi jumped from $0.63 to a excessive of $0.78, marking a achieve of about 23% inside a number of hours.

Whereas the worth has since pulled again barely, Pi’s market cap stays secure at $5.14 billion. That positions it because the twenty fourth largest crypto asset by market worth and suggests renewed investor curiosity, regardless of a broader one-month decline of almost 48%.

So, what does this all imply for Pi going ahead? And might the Chainlink integration gas extra sustained momentum, or is that this only a short-term response? Let’s break down what’s taking place.

Why Chainlink issues to Pi Network 

To know the relevance of Chainlink’s integration with Pi Network, it helps to begin with the fundamentals.

Blockchains, by design, can’t entry knowledge from outdoors their very own community. So when a smart contract wants real-world info, comparable to token costs or exterior updates, it requires a safe technique to deliver that knowledge on-chain. That is the place Chainlink comes in.

Chainlink is a decentralized oracle community that delivers verified, real-time info to blockchain functions. Its Knowledge Streams function supplies repeatedly up to date pricing knowledge, comparable to the present worth of PI, in a safe and tamper-resistant approach.

With this integration, Pi Network now gains entry to a key piece of infrastructure that helps decentralized finance use instances.

In sensible phrases, builders can start constructing decentralized apps involving lending, borrowing, staking, or blockchain-based gaming, with Pi functioning as an lively, usable asset.

For instance, a lending platform working on Ethereum (ETH) or Avalanche (AVAX) might incorporate Pi through the use of reside worth feeds to calculate rates of interest or set collateral necessities, all with out counting on centralized exchanges for that knowledge.

This additionally opens up better interoperability. With entry to Chainlink’s infrastructure, Pi turns into extra enticing to builders and functions that function past its native ecosystem.

For Pi Network, which has centered on constructing a mobile-first crypto ecosystem and claims over 100 million customers globally, this addresses a key limitation. Many early-stage tokens battle to supply dependable knowledge for good contracts. With out that, builders face constraints, and customers hesitate to interact.

In easy phrases, the Chainlink integration improves Pi’s technical basis. It provides the token a clearer path towards real-world utility in the DeFi house, which might affect each its adoption and notion over time.

Inside Pi Network’s ecosystem

As Pi Coin gains market consideration, its broader ecosystem can be starting to point out seen progress, although not with out some friction.

For the reason that mainnet launch on Feb. 20, Pi Network reviews that over 10.14 million customers have efficiently migrated to mainnet. This quantity exceeds the mission’s preliminary aim of 10 million however nonetheless represents solely a small portion of its claimed 100 million-plus consumer base.

To this point, simply 19 million customers have accomplished know your buyer verification, which is required to entry token transfers and take part in the ecosystem.

The KYC course of continues to be one of the most important sticking factors. Though Pi Network has prolonged its KYC and migration deadline a number of instances, most lately to Mar. 14, many customers nonetheless report technical issues, together with delayed verification, unverified balances, and unresolved help tickets.

These ongoing points have brought about concern amongst customers who fear about doubtlessly shedding entry to their tokens if the issues stay unaddressed.

Regardless of these obstacles, Pi Network has continued working to increase its ecosystem via decentralized apps. In accordance with the staff, greater than 100 dApps are both presently in improvement or already mainnet-ready, spanning classes comparable to e-commerce, gaming, monetary companies, and NFTs.

One of many extra notable developments is the Pi Advert Network. This function permits app builders to monetize their visitors by displaying advertisements which are paid for utilizing Pi Coin.

Advertisers should buy and spend Pi in order to position advertisements throughout collaborating apps, whereas builders earn advert income based mostly on the engagement their apps generate.

Following a pilot section involving 5 group apps, the Pi Advert Network is now out there to all builders whose apps are listed inside the Mainnet Ecosystem Interface. 

Nonetheless, except the KYC course of sees quicker decision and a broader portion of customers achieve entry to their Pi tokens, the influence of those ecosystem instruments could stay restricted.

The infrastructure is steadily taking form, however the tempo at which customers can have interaction with it’ll seemingly decide how far Pi Network can go in turning adoption into long-term utility.

Pi community worth prediction

Market forecasts for Pi Coin over the close to time period are leaning bullish, at the least in response to present development fashions.

CoinCodex projects that Pi’s worth might rise by greater than 228%, reaching $2.48 by mid-Might 2025. Their shorter-term fashions are additionally optimistic, predicting continued upside over the subsequent 5 days.

Momentum indicators appear to help this outlook. Most every day easy and exponential shifting averages — together with the 3-day, 5-day, 10-day, and 21-day SMAs and EMAs — are presently flashing “purchase” alerts. The one outlier is the 21-day EMA, which suggests a potential short-term pullback.

Different long-range forecasts provide a extra cautious view. DigitalCoinPrice, as an example, expects Pi to common round $1.53 in 2025, with worth projections starting from $0.66 to $1.66 over the 12 months.

That mentioned, Pi stays a extremely speculative asset nonetheless in the early phases of improvement.

The token solely launched on mainnet in Feb. 2025, and a big portion of its consumer base continues to be finishing KYC verification. Consequently, market exercise is proscribed when in comparison with extra established belongings.

Buying and selling entry can be restricted. Pi is just not but extensively out there on main exchanges, and pricing could differ throughout exterior feeds.

Traders needs to be cautious when deciphering prediction fashions. These forecasts depend on historic tendencies and algorithmic assumptions that always fail to seize unpredictable occasions, together with technical setbacks, regulatory developments, or sudden modifications in consumer participation.

For these contemplating an entry, Pi needs to be handled as a high-risk asset. Any funding resolution needs to be made with care. As all the time, commerce properly and by no means make investments greater than you may afford to lose.