Pi News: Pi Price Drops Below $0.62 — Has the Chainlink Integration Craze Subsided?

Pi Token skyrocketed after integrating with Chainlink, creating a new bullish sentiment. The price has been up more than ten percent for days, and analysts now predict the token could rise more than two hundred percent, surpassing the $two mark. The Chainlink connection opens up real-world use cases for Pi, from lending to gaming, and can drive long-term adoption. Although the project still faces challenges such as KYC verification, the market is reacting quickly and some believe that this could be the beginning of a phase of Pi price breakout. Enhanced utility from Chainlink integration The integration with Chainlink in April marks a big step forward for Pi Network. Chainlink provides a secure, real-time data feed that allows the Pi to interact with external data, something the blockchain cannot do on its own. This opens the door to decentralized applications such as lending, staking, and the in-game economy. This add-on has spurred renewed interest in the token, and analysts say it's a foundational move that could take Pi out of speculation and into real-world use. This isn't just theoretical; businesses in regions like South Korea and Florida have started accepting Pi payments, and the new Pi Ad Network adds a revenue stream for developers through advertising paid with Pi Coin. Although KYC implementation and mainnet migration are slow, fundamental factors are changing. With tens of millions of verified users and a larger audience yet to engage, the future growth potential remains strong. Market watchers are now seeing Pi no longer as a gimmick but more as a growing cryptocurrency platform with real adoption potential. Let's take a look at the Pi price prediction to see how these developments impact the Pi price. Pi price prediction April 16, 2025 Pi Coin is showing signs of weakness in the short-term, trading near $0.618 after rejecting resistance around $0.75–$0.80. The chart highlights an unsuccessful breakout followed by a strong rally that could not sustain its highs. Now, the price has slipped below the $0.65 support level, turning it into resistance. The RSI is at 26.82, indicating that the token is oversold, which has historically been a signal for short-term resilience. However, the downward momentum continues as shown by the MACD death cross and negative histogram

Previous gold crosses initiated bullish runs, but the current setup shows caution. Strong support is located at $0.55, with deeper demand near $0.40. If Pi holds above $0.60 and regains $0.65, a recovery to $0.70 is probable. Otherwise, there is a possibility of a drop to a lower support level. Despite the recent optimism fueled by Chainlink, the current chart reflects a consolidation with a downtrend. A breakout above $0.70 is needed to restore bullish sentiment and avoid a prolonged correction Pi Network aims for a long-term breakthrough The Chainlink integration could be the turning point that Pi price needs. With new use cases being rolled out, increased business adoption, and optimistic analyst forecasts, the dynamics are rapidly changing. While challenges like KYC verification still weigh on outright adoption, investors are betting on fundamentals that are finally catching up to the hype. If Pi can follow its roadmap, then the predicted bull run may not be just speculation. Currently, the token's strong recovery has put it back on the radar across the crypto space.