The Pi Network token is showing significant growth thanks to its integration with Chainlink, which opens new usage possibilities.
Token Price Dynamics
Over the past week, the price of the Pi Network token has increased by more than 14%. As of press time, the token is trading at $0.6711 following its integration with Chainlink on April 12. The announcement caused a sharp price spike from $0.63 to $0.78 within hours.
Benefits of Chainlink Integration
The integration with Chainlink offers numerous advantages for the Pi Network. One of the key aspects is access to reliable, verified real-time data, significantly enhancing the token's utility. Due to their decentralized structure, blockchains cannot natively access external data; however, Chainlink resolves this issue, enabling integration with various applications.
Analysts' Predictions
Analysts at CoinCodex predict that the price of the Pi Token could rise by 228%, potentially reaching $2.48 by mid-May 2025.
The integration of the Pi Network with Chainlink opens new horizons for the token and could contribute to its further growth, emphasized by analysts' positive forecasts.
