Pi Coin Surges 35% After Chainlink Deal — Will It Hit $1 or Collapse Like Mantra?

The Pi Network’s native token shot up by over 35 percent to nearly $0.75 upon the news of its new partnership with Chainlink that provides real-time data to blockchain applications. Nevertheless, the market capitalization of $5.14 billion has not silenced concerns about transparency and ecosystem stability. Dr. Altcoin, a cryptocurrency analyst, urges the Pi Core Team to adopt solid measures to ensure they do not see heavy dumping in prices as in the recent case of Mantra (OM). 

Pi Network Faces Transparency Concerns Amid Pi Coin Price Surge

The Pi Network is now facing scrutiny as the native crypto, Pi Coin, rose nearly 30 percent over the last week to $0.7404; Pi Network correlated with Chainlink to enhance real-time data streams and cross-chain functionality, a sign that it might consider a closer path toward adoption in decentralized finance (DeFi). Still, the bullish sentiment is mired in issues regarding transparency and ecosystem stability throughout the Pi Network.

Dr. Altcoin has strongly advised the Pi Core Team (PCT) to put in place extreme contingency measures to avoid incidents like the recent one with Mantra (OM), which lost more than 90% of its value in a single day on allegations of market manipulation and liquidity issues. However, several obstacles remain in the path of the PI coin price upswing and ecosystem growth; community dissent continues over missed timelines and very limited real-world use cases. While Pi miners are holding back due to fears over volatility, analysts are anticipating sustained bullish momentum to push Pi Coin to the $1 vicinity soon.

PI Price Analysis of the Last 24 Hours

The PI/USDT 5M chart shows a range narrowed to 0.7600 resistance zone which bounds a firm support level of about 0.7271. Consolidation with accompanying oscillations in price. At the time of this analysis, PI Price appears to be stabilizing just under midrange at 0.7458. The last market structure on the PI Network reveals short-term upheavals suggesting a multiple of technical signals indicating attempted momentum reversal. The bullish momentum attempts were indicated by two instances of the Golden Cross on the MACD at 02:30 UTC and another at 16:35 UTC. 

Chart 1, analysed by Anushri Varshney, published on TradingView, April 15, 2025

Oversold conditions around 13:30 and again at 15:45 UTC would find their RSI well under the 30 mark in line with short-time price rebounds within those areas of human experience. However, these rebounds remained wholly constrained in the range-bound behavior of PI Coin. The current RSI sits at 57.34, indicating neutral momentum with a small bullish influence, neither overbought nor oversold. Test after test by the Resistance Level of roughly 0.7600 has proved inconclusive, leaving behind a psychological ceiling. Similarly, the Support Level at 0.7271 has held intact, depicting a scenario where buyers come into the market when PI hits lower boundaries on its journey.

Future of Pi Coin Price

The future of Pi Coin price is full of promises and uncertainties. Analysts expect that Pi Coin will allow trading anywhere between $10.73 and $143.51 in 2025, with an average price of $31, depending upon exchange listings, liquidity, and adoption. The most bullish scenarios predict that Pi Coin will reach about $350 or even more in case of the successful launch of the Open Mainnet of Pi Network and the development of key partnerships.

However, serious problems of transparency and delay within the Pi Network pose risks that could threaten investor confidence. Experts strongly believe that there is a need for the Pi Core Team to put in really strong measures to prevent price depreciation on a level similar to Mantra (OM). Further, as Pi Coin becomes popular with developers and users, it will be vital to maintain the stability of the ecosystem during the Open Mainnet transition.