Pi News: Pi Price Crashes Below $0.62 — Is the Chainlink Integration Hype Already Fading?

The Pi Token surged following its integration with Chainlink, sparking new bullish sentiment. The price climbed over ten per cent in days, and analysts now predict the token could gain over two hundred per cent, pushing past the two-dollar mark. The Chainlink connection unlocks real-world use cases for Pi, from lending to gaming, and could boost long-term adoption. While the project still faces challenges like KYC verification, the market is reacting quickly, and some believe this could be the beginning of the Pi price breakout phase.

Utility Boost from Chainlink Integration

The April integration with Chainlink marks a major step for Pi Network. Chainlink provides secure, real-time data feeds that allow Pi to interact with external data, something blockchains can’t do on their own. This opens the door to decentralized applications like lending, staking, and in-game economies. The added utility is already driving renewed interest in the token, and analysts say it’s a foundational move that could lift Pi out of speculation and into real-world use.

This isn’t just theoretical; businesses in regions like Korea and Florida have started accepting Pi payments, and the new Pi Ad Network adds a revenue stream for developers through ads paid in Pi Coin. Despite the slow rollout of KYC and Mainnet migration, the fundamentals are shifting. With tens of millions of users verified and a larger audience still to onboard, the potential for future growth remains strong. Market watchers are now treating Pi less like a gimmick and more like a developing crypto platform with real adoption potential. Let’s take a look at the Pi price prediction to see how these developments impact the price of Pi.

Pi Price Prediction for April 16, 2025

Pi Coin is showing signs of short-term weakness, trading near $0.618 after rejecting resistance around $0.75–$0.80. The chart highlights a failed breakout followed by a strong rally that couldn’t sustain its highs. Now, the price has slipped below the $0.65 support, turning it into resistance. The RSI is at 26.82, indicating the token is oversold, historically a signal for potential short-term rebounds. However, bearish momentum continues as shown by the MACD death cross and a negative histogram. 

Chart 1: Analysed by vallijat007, published on TradingView, April 16, 2025

Previous golden crosses initiated rallies, but the current setup suggests caution. Strong support sits around $0.55, with a deeper demand zone near $0.40. If Pi holds above $0.60 and reclaims $0.65, a recovery toward $0.70 may be possible. Otherwise, a drop toward lower supports is likely. Despite recent Chainlink-driven optimism, the current chart reflects consolidation with a downside tilt. A breakout above $0.70 is needed to revive bullish sentiment and avoid an extended correction. 

Pi Network Eyes Long-Term Breakout

The Chainlink integration could be the turning point Pi price needed. With new use cases rolling out, business adoption rising, and bullish analyst forecasts, momentum is shifting fast. While challenges like KYC verification still weigh on full adoption, investors are betting on fundamentals finally catching up to the hype. If Pi can deliver on its roadmap, the predicted price surge may be more than just speculation. For now, the token’s sharp rebound has put it back on the radar across the crypto space.