The mobile mining pioneer favorite Pi Network (PI) is producing a major comeback after finding its foot at $0.45 last week. Whipping up 45% gains in 7 days, Pi coin price restored the $0.75 resistance level amidst positive developments in Pi Networkโs infrastructure.
Fair Play Assured: Chanlink Tracks Pi Coin Price
This comes as Chainlink (LINK) added Pi Network onto their Data Streams system, powering a real-time PI price tracking mechanism with dedicated market feeds. Announced last Saturday, this integration comes with the intention to prevent Pi coin (PI) price manipulation on centralized exchanges.
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Chainlinkโs (LINK) popular Oracle network now has 22 crypto currencies eligible for real-time price monitoring and providing it to the smart contract. These include other mid-cap altcoins such as Monero (XMR), JasmyCoin (JASMY), Bitcoin SV (BSV), THORChain (RUNE) & more.
This bolsters the altcoinโs interoperability, providing liquidity and staking services on Layer-1 chains like Ethereum (ETH) or Avalanche (AVAX). Amid the chain upgrades, Pi coin price (PI) skyrocketed to $0.77, tacking on a new 7-day high after a rather horrendous two months for the Pioneers, otherwise known as the Pi coin community.
Due to stagnant crypto exchange listings and centralization fears resonant among community members, Pi Networkโs (PI) native token dipped ever since the all-time high of $2.99, hit one week after launch in February, 2025.
PI Coin Unlock Schedule Adds Extra Hurdles
Further price swings for the fresh altcoin is sure to be expected over the next 30 days, as the token unlock schedule is preparing to release 192,912,485 Pi coins into circulation. According to the blockchain explorer Piscan.io, the average daily unlock currently stands at 6.43M Pi Networkโs native tokens, worth approximately $4.84M.
Moreover, the widening Bollinger Bands (BOLL) on Pi coinโs price charts hint at incoming price fluctuations. Since the 45% upswing to $0.77 on Saturday, market participants are watching out for the $0.75 territory as a key support level. As 2.3 million Pi coins are being poured into the market today, this could induce some price volatility. On the other hand, thatโs thrice as less as the 6M daily Pi coin unlocks in the beginning of May.
On The Flipside
- Striving to become a decentralized finance (DeFi) powerhouse with the Data Streams integration, Pi Network lacks major crypto exchange listings.
- Despite substantial Pi coin community backing, Binance didnโt list the mobile mining altcoin on their Spot services.
- While Bybit, KuCoin also remained on the sidelines, Gate.io, Bitget & OKX took up over 85% of all daily volume.
Why This Matters
The mobile mining pioneers Pi Network have over 60 million active crypto enthusiasts, with 12 million of them going through KYC. High community engagement and liquidity boosts via DeFi could erase the short-term volatility caused by constant Pi coin unlocks.
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