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Pi Coin Sees Double-Digit Rise After Chainlink Integration

1d ago
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Chainlink (LINK), a leading decentralized oracle network, has integrated Pi Network into its Data Streams ecosystem, enabling real-time pricing data access.

This development marks a significant milestone for the network. Notably, its native token, Pi Coin (PI), experienced a positive uptick after the integration.

The announcement, shared via Chainlink’s official X (formerly Twitter) account, highlighted the addition of PI alongside 22 other assets, such as JasmyCoin (JASMY), Grass (GRASS), THORChain (RUNE), etc.

“In just the past week, 22 new assets became supported by Chainlink Data Streams,” the post read.

For context, Chainlink Data Streams is a low-latency oracle solution that delivers real-time market data using a pull-based model. The approach combines off-chain aggregation with on-chain verification for scalable, fast, and reliable decentralized data access.

“PiNetwork is now supported by Chainlink Data Streams! This unlocks massive potential for Pi’s 60 million+ users in the DeFi space,” analyst Jatin Gupta wrote on X.

According to Gupta, the integration introduces several advantages. Chief among them is access to reliable, real-time market data, enabling highly accurate PI price feeds for decentralized applications (dApps). 

Gupta highlighted additional key benefits for the Pi ecosystem, including enhanced liquidity and seamless multi-chain compatibility. With this integration, PI tokens can now operate across major blockchains such as Ethereum (ETH) and Avalanche (AVAX), significantly broadening their utility. 

He noted that this cross-chain functionality paves the way for diverse use cases, from DeFi trading and lending to asset tokenization—spanning real estate, digital art, and commodities. Gupta also emphasized that the strengthened infrastructure could position Pi Network as a trusted foundation for latency-sensitive DeFi applications.

“This integration positions PiNetwork as a DeFi powerhouse! Expect: More dApp integrations, increased liquidity, and massive adoption growth. The future of Pi in DeFi starts now!” he claimed.

This positive sentiment is widespread among Pi Network’s community, known as Pioneers. One analyst referred to the recent developments as “the next phase of PI’s Web3 growth.”

In addition to the Chainlink integration, Dev drew attention to other key advancements this month. He pointed to the introduction of a global fiat on-ramp as a pivotal step toward mainstream adoption. Equally important was the launch of an advertising ecosystem via the Pi Browser. 

This allows developers to monetize their applications and users to earn from ad engagement. Together, these milestones mark a critical turning point in Pi Network’s journey toward becoming a fully functional Web3 platform.

Meanwhile, the market response has been equally telling. According to BeInCrypto data, PI’s price has increased 17.1% since the integration news. Moreover, the coin has seen a 2.1% uptick over the past day.

At press time, it was trading at $0.7.

Pi NETWORK Price PerformancePi Coin Price Performance. Source: BeInCrypto

However, not all aspects of Pi Network’s journey have been smooth. An analyst’s post on X pointed out that the list of verified businesses has remained unchanged for the past two months.

“This signals stagnation even after the mainnet launch,” he wrote.

While challenges remain, Chainlink’s integration offers Pi Network a critical opportunity to expand its utility and visibility. For Pioneers, this development reinforces the project’s long-term vision of creating a sustainable, people-driven digital economy.

1d ago
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bearish:

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