Home Altcoins News Pi Network Gains Momentum with Chainlink Integration, Eyes $3 Milestone

Pi Network Gains Momentum with Chainlink Integration, Eyes $3 Milestone

Pi Network

As the global cryptocurrency market starts to recover from the turbulence caused by recent tariff talks and other macroeconomic factors, one altcoin is stealing the spotlight: Pi Network (PI). In just one week, Pi Coin has experienced an impressive 50% surge, climbing to $0.75. Now, with a recent development involving Chainlink, the Pi community is filled with renewed optimism. Could this new integration help Pi Coin reach its previous all-time high of $3?

Chainlink Integration: A Major Leap for Pi Network

On April 12, Chainlink, a leading blockchain data provider known for its decentralized oracle solutions, made an exciting declaration. Pi Network was added to Chainlink’s list of 22 new data feeds. This development means that Pi’s real-time price data can now be utilized across multiple blockchain platforms. For Pi Network, this is a significant step forward, as it allows Pi tokens to participate in smart contracts, decentralized finance (DeFi) applications, and various Web3 services like staking, lending, and yield farming.

This integration has many in the Pi community buzzing with excitement, as it marks a major expansion beyond Pi Network’s original focus of mobile mining. With Pi now being integrated into Chainlink’s ecosystem, it could pave the way for greater use cases and adoption of Pi coins in the broader crypto ecosystem.

Pi Network’s Growing Ecosystem

Adding to the positive developments, Pi Network also declared that its advertising network has successfully completed its pilot phase. The network is now open to developers who wish to apply, which could further enhance the Pi ecosystem and create new opportunities for the platform’s growth. These combined factors are fuelling optimism that Pi Network is building a more solid foundation for its long-term success.

Hope for Listings on Major Exchanges

Pi Network is already listed on smaller exchanges like OKX, Bitget, and Gate.io. However, the addition of Pi data to Chainlink’s platform has raised hope that it could soon be listed on much larger exchanges like Binance, Coinbase, or Kraken. For many in the Pi community, this isn’t just about the price – it’s about gaining mainstream recognition within the broader cryptocurrency market.

The potential listing on major exchanges would help to further legitimize Pi Network in the eyes of investors and crypto enthusiasts. Such listings could also lead to increased liquidity, making Pi Coin more accessible to a global audience and possibly driving up its value.

Pi Coin’s Price Prediction: Can It Reach $3?

Pi Coin’s price has recently witnessed a remarkable recovery. After dropping over 80% to as low as $0.40, the coin is now trading at $0.75, signaling a strong rebound. The 4-hour price chart for Pi Coin indicates that it is gaining momentum and climbing toward important resistance levels. If Pi breaks above the key level of $1, the coin could continue its upward trend, with the next significant target being $1.73.

With growing interest in Pi Network and its expanding use cases in blockchain applications, some analysts believe the coin could eventually reach its previous high of $3. However, it’s important to note that crypto markets are notoriously volatile, and achieving such a price will depend on several factors, including market sentiment, additional developments within the Pi Network ecosystem, and broader market conditions.

The Road Ahead for Pi Network

The recent developments surrounding Pi Network – particularly the Chainlink integration and the completion of its ad network pilot phase – are encouraging signs for the project’s future. The Pi community is excited about the possibilities of increasing the coin’s utility, attracting more users, and possibly gaining recognition on bigger exchanges.

While the $3 target remains a potential long-term goal, Pi Coin’s current momentum suggests that it is on the right track for further growth. Investors and enthusiasts alike will be watching closely to see how Pi continues to evolve and whether it can achieve greater adoption and value in the coming months.

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Pankaj K

Pankaj is a skilled engineer with a passion for cryptocurrencies and blockchain technology. With over five years of experience in digital marketing, Pankaj is also an avid investor and trader in the crypto sphere. As a devoted fan of the Klever ecosystem, he strongly advocates for its innovative solutions and user-friendly wallet, while continuing to appreciate the Cardano project. Like my work? Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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