Pi Network Jumps 15% Following Chainlink Integration, $1 Target in Sight
Pi Network has emerged from a 45-day bearish trend, surging 15% during Wednesday's trading session to reclaim the $0.60 level. The token is now consolidating at $0.623, marking a technical win for long-term holders.
The rally follows Chainlink's April announcement of expanded data streams, which included Pi among 22 new assets. Chainlink's decentralized oracles are vital infrastructure for DeFi ecosystems, and this integration provides Pi's 60 million users with access to verified real-time data.
Despite remaining 63% below its yearly high of $2.98, Pi holds its position among the top 30 crypto assets by market cap. Analysts are now debating whether the Chainlink-driven momentum could push the token toward the psychologically significant $1 mark.
