Pi Network increased by 35% in one week after integrating Chainlink

A 35% increase in just one week has brought Pi Network back into the spotlight after integrating Chainlink. Analysts believe that a 200% increase is possible. Pi Coin skyrockets After weeks of silence, Pi Network ( PI ) have returned to radar. As of April 14, the token is trading around $0.75, up more than 35% over the past seven days. That makes it one of the stronger performers among mid-cap assets this week.

The recent price increase follows an important integration with Chainlink ( LINK ), a widely used decentralized oracle network, officially adding Pi Network on April 12.

The market reacted quickly. On April 12, shortly after the announcement, Pi rose from $0.63 to a high of $0.78, marking an increase of about 23% within a few hours. Although the price has slightly decreased since then, the market capitalization of Pi remains stable at $5.14 billion. This makes it the 24th largest cryptocurrency by market value and indicates renewed interest from investors, despite a nearly 48% decline over the past month. So, what do all these mean for Pi in the future? And can the integration of Chainlink drive more sustainable momentum or is this just a short-term reaction? Let's analyze what is happening. Why is Chainlink important to Pi Network To understand the relevance of integrating Chainlink with Pi Network, let's start with the basics. According to the design, blockchains cannot access data from outside their networks. Therefore, when a smart contract needs real-world information, such as token prices or external updates, it requires a secure method to bring that data on-chain. This is when Chainlink comes into play. Chainlink is a decentralized oracle network that provides verified, real-time information for blockchain applications. Its Data Streams feature delivers continuously updated price data, such as the current value of PI, in a secure and tamper-proof manner. With this integration, Pi Network now has access to a critical part of the infrastructure that supports decentralized finance use cases. In fact, developers can start building decentralized applications related to lending, borrowing, staking, or gaming based on blockchain, in which Pi acts as an active and usable asset. For example, a lending platform operating on Ethereum ( ETH ) or Avalanche ( AVAX ) can integrate Pi by using a live price feed to calculate interest rates or set collateral requirements, all without relying on centralized exchanges to obtain that data. This also opens up greater interaction possibilities. With access to Chainlink's infrastructure, Pi becomes more attractive to developers and applications operating outside its native ecosystem. For the Pi Network, focusing on building a cryptocurrency ecosystem that prioritizes mobile devices and claims to have over 100 million users globally addresses a significant limitation. Many early-stage tokens struggle to provide reliable data for smart contracts. Without that data, developers face limitations, and users are hesitant to participate. Simply put, integrating Chainlink improves the technical foundation of Pi. It provides the token with a clearer path towards real-world utility in the DeFi space, which can impact both its adoption and perception over time. Inside the ecosystem of Pi Network When Pi Coin attracts the attention of the market, its larger ecosystem also begins to show significant progress, although not without some obstacles. Since the mainnet launch on February 20, Pi Network reported that over 10.14 million users have successfully migrated to the mainnet. This number exceeds the project's initial target of 10 million but still only represents a small fraction of the over 100 million users that the project claims. So far, only 19 million users have completed customer identity verification, which is a mandatory step to access token transfers and participate in the ecosystem. The KYC process remains one of the biggest points of contention. Although Pi Network has extended the KYC deadline and moved it multiple times, most recently to March 14, many users are still reporting technical issues, including delays in verification, unverified balances, and unresolved support tickets. These ongoing issues have raised concerns among users as they worry that they may lose access to their tokens if the problem remains unresolved. Despite these obstacles, Pi Network continues to strive to expand its ecosystem through decentralized applications. According to the team, more than 100 dApps are currently being developed or are ready for mainnet, 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 paid for with Pi Coin. Advertisers must buy and spend Pi to place ads on participating apps, while developers earn advertising revenue based on the level of engagement their apps generate. After the testing phase related to five community applications, the Pi Ad Network is now available for all developers with applications listed in the Mainnet Ecosystem Interface. However, unless the KYC process is resolved faster and more users have access to their Pi tokens, the impact of these ecosystem tools may still be limited. The infrastructure is gradually taking shape, but the speed at which users interact with the infrastructure may determine the level of application of Pi Network for long-term utility. Predicting Pi Network Price The market forecast for Pi Coin in the near future shows a tendency to increase in price, at least according to the current trend models. CoinCodex predicts that the price of Pi could increase by more than 228%, reaching $2.48 by mid-May 2025. Their short-term models are also optimistic, predicting that the price will continue to rise 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 SMA and EMA — are currently flashing "buy" signals. The only exception is the 21-day EMA, indicating a potential short-term pullback. Other long-term forecasts provide a more cautious perspective. For example, DigitalCoinPrice predicts that Pi will reach an average of about $1.53 by 2025, with an expected price range of $0.66 to $1.66 during the year. However, Pi is still a highly speculative asset and is in the early stages of development. The token is only set to launch on mainnet in February 2025, and a large portion of its user base is still completing KYC verification. Therefore, market activity is limited compared to more established assets. Access to transactions is also restricted. Pi is still not widely available on major exchanges and prices may vary between external data sources. Investors should be cautious when interpreting predictive models. These forecasts are based on historical trends and algorithmic assumptions that often do not account for unpredictable events, including technical obstacles, legal developments, or sudden changes in user participation. For those considering participation, Pi should be regarded as a high-risk asset. Any investment decision should be made with caution. As always, trade wisely and never invest more than you can afford to lose.