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Pi Network Integrates with Ethereum & Chainlink — Will Bulls Push Pi Price Past $0.80 This Week?

3d ago
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Today, the Pi Network price has experienced a slight decrease. As of now, the Pi token is trading near $0.7420 and has seen a 1.44% decrease in value. However, there is some bullish Pi news today, increasing the chance of a rally. The Pi token has been created mainly as a utility-based crypto. Despite this, because of the early surge this token experienced, now it is mainly looked upon as a speculative asset. However, a new announcement about the Pi Network Ethereum adoption could improve Pi’s reputation. 

Will the Ethereum Integration Impact Pi Network’s Future?

Based on recent reports, an update will integrate Pi into the Ethereum blockchain. As the biggest and number one platform for blockchain developers, Ethereum will bring numerous benefits for the Pi Network. As such, the development process for Pi apps and the platform will now be revolutionized. Additionally, this change can significantly enhance the on-chain payment process. As such, this proves to be a big step towards widespread adoption of the Pi Network

This announcement was made by a Pi token enthusiast named Brian Christian Alexander and was published in an X post. Based on his post, the ERC-20 wallets will be updated to integrate Pi and transfer USDT and USDC to Pi developers. The Times Parody account for the Pi network commented on this development, “connecting Web3 to the power of Ethereum.” Additionally, it was mentioned that this integration also opens new ways for Dapps development. 

Moreover, this has not been the first Pi news related to increased adoption and utility this week. Earlier on April 12, we also had an announcement related to Chainlink and its update to integrate 22 new data feeds. Pi was one of the announced currencies that are getting integrated into Chainlink. The Pi Network Chainlink integration increases Pi Network accessibility and usability. This is achieved by enabling Chainlink to deliver real-time pricing data for Pi and also unlocking further smart contract possibilities.

Will Pi Network Price Break Through $0.80 and Rally to $1?

Additionally, more than just Bullish Pi news, we also have some technical signals that present a bullish projection. Based on the recent Pi coin price action, the MACD has been giving bullish signals as it continues its bullish crossover. However, the histogram is losing momentum and pointing to a possible upcoming period of consolidation. There are also other indicators that support a bullish Pi price prediction.

Chart 1 – Pi Network/USDT Daily Chart, published on TradingView, April 15, 2025

According to Chart 1, the RSI for this currency is currently sitting at 66, which is still under the overbought zone. As such, this score shows the confidence and dominance of bulls over the market. If the RSI enters the overbought zone, the price might consolidate in the short term or even start falling. Additionally, as the Pi Network price rises, it is getting closer to the top band of the Bollinger Bands. If the price breaks out and surges above the $0.80 point, a rally to $1 is possible. 

How Will Pi Network’s Integrations Shape Its Future?

With these steps for Pi Network Chainlink and Pi Network Ethereum integration, the Pi network is increasing its potential. This is because if Pi is to be a coin for everyday use, it must be adopted on most platforms and blockchains. As such, if this effort for wider adoption continues, the long-term value of Pi is guaranteed. However, in the short term, we might see more volatility as today, more than 2 million tokens will be unlocked, increasing selling pressure.

The post Pi Network Integrates with Ethereum & Chainlink — Will Bulls Push Pi Price Past $0.80 This Week? appeared first on Coinfomania.

3d ago
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