Chainlink added PI network to his data streams on April 13. The update was displayed on the official X account from Chainlink. It confirmed the addition of twenty-two assets, including Pi Coin, Jasmycoin, Gras and Thorchain. The announcement was pronounced with a rise in the value of Pi Coin and a broader acceptance dynamics about supported blockchains.
Chainlink adds 22 tokens. Source: chain link on x
Integration enables real-time data access for the PI coin. Chainlink data flows use a pull-based system for feeds with low latency. It combines the off-chain aggregation with on-chain validation. This helps to receive decentralized apps quickly and safely updated price data.
The announcement was Pi Coin's entry into a gaggle of supported assets that Chainlink use for reliable price feed. This real-time data support could enable higher access to liquidity and price feed for DAPPS using PI coin.
PI coin receives access to Ethereum and avalanche
Jatin Gupta, a PI network trailer and Web3 Community Builder, published on X,
“Pinetwork is now supported by Chainlink data streams! This enables the huge potential for PI of over 60 million users within the Defi area.”
Jatin Gupta collapses the chainlink integration of Pi Coin. Source: x
Guppa explained that the combination has the PI coin work on chains resembling Ethereum and avalanche. These chains organize many Defi protocols. The PI coin can now be used for cross-chain transactions. This adds recent usefulness to lending, trade and other decentralized applications.
He also emphasized the advantages of real-time data in defi operations. Developers can use updated prices for the tokenization of assets or for tools that require fast market reactions. The Chainlink system offers data accuracy and wide cover.
PI -Münz Prize increases after the chainlink update
Pi Coin (Piusdt) rose after Chainlink added his data streams PI network. On April 12, the value increased lower than $ 0.60 to a maximum of $ 0.7446 and marked a profit of 17.1%.
PI coin breaks over EMA after the Chainlink update. Source: Tradingview
Before integration, the PI coin acted under the exponential moving average of fifty periods (EMA). After the announcement, it moved over the EMA and held the position. On April 14th at 2:22 pm UTC it was $ 0.7420, while the EMA was USD 0.7310.
The volume also rose through the rally. TradingView data show 993.19k Pi, which has increased as the value. This tip of the amount followed with little activity.
Between April 11 and 13, the PI coin showed a gentle upward movement. The price reached $ 0.7446 after which stabilized between $ 0.70 and $ 0.74. At the last point, the token showed a day by day increase of two.1%.
The PI -DAD network pilot is accomplished when the ecosystem utility is expanded
The PI network has accomplished the pilot phase of the PI promoting network this month. The team invited the developers to use for participation. With the network, apps can display and receive payments in PI.
The PI -AD network opens for all ecosystem apps. Source: Pi Network Web
First, the team chosen five community apps to check the system. They worked closely with developers throughout the pilot. Based on direct feedback, the team made adjustments to enhance performance and promoting integration.
In an official update, the PI network described the promoting network as “the primary instantiation of a utility on the platform level, which uses the collective resources of PI Network to bring real, organic use cases into PI cryptocurrency”. The announcement confirmed that the pilot participants within the PI coin have received values.
However, access to this system stays selective. Only apps which can be listed within the MININNET ecosystem interface could be used. The team has made it clear that submitting an application doesn’t guarantee approval. Developers must follow all guidelines and complete the total listing process with the intention to qualify.
In addition, PI Network expanded the advantages of its token by starting this method. Above all, the update followed the recent steps to support developer monealization and to enhance the engagement within the PI browser.
