Pi Ends 45-Day Decline with 15% Increase Following Chainlink Integration — $1 Goal Now Possible

Pi Network (PI) has effectively emerged from a lengthy 45-day bearish trend that has influenced price movements since May, when the token last traded above the $1 mark.

In Wednesday’s trading session, PI experienced a 15% increase from its session low of $0.51, reclaiming the psychologically significant $0.60 level for the first time in two weeks.

Source: Coingecko

At the time of reporting, the token is stabilizing at $0.623, marking a notable technical achievement for holders who have faced weeks of falling prices.

Although it remains 63% below its year-to-date high of $2.98, Pi Network continues to hold its place among the top tier of the cryptocurrency market, ranking within the top 30 digital assets by market capitalization.

Chainlink Integration Fuels Pi Rally As 60 Million Pioneers Gain DeFi Access

Market analysts have primarily linked the recent price increase to developments related to Chainlink’s announcement in April concerning the expansion of data streams.

The oracle network disclosed plans to incorporate 22 new assets and seven additional protocols into its infrastructure standard, with Pi Network earning a notable position among the chosen projects.

Chainlink’s decentralized oracle network is known for providing verified, real-time data to blockchain applications, making it a vital infrastructure element for contemporary DeFi ecosystems.

Mastercard and Chainlink have teamed up to allow cardholders to purchase crypto using on-chain liquidity
Secure fiat-to-crypto exchanges facilitated by the Chainlink platform and the Mastercard global payments network
Connecting TradFi and DeFi, one oracle at a time
“In coming together… https://t.co/bLjr3TuY0G pic.twitter.com/crKJCYaCjl

— Zach Rynes | CLG (@ChainLinkGod) June 24, 2025

For Pi Network, which has over 60 million active users, this collaboration signifies access to essential infrastructure that supports advanced decentralized finance applications.

The integration has positioned Pi Network as one of the most talked-about cryptocurrency projects in recent months, enhancing its prominent social media presence across major platforms.

As per LunarCrush analytics, Pi Network currently leads cryptocurrency social media conversations with over 18% market dominance, outpacing established projects such as Solana, Aave, FARTCOIN, and Ondo Finance.

Pi2Day Event Could Generate Millions in Trading Volume As KYC Unlock Sparks $1 Pi Aspirations

The increased social engagement aligns with the excitement surrounding Pi2Day, the network’s annual mid-year celebration set for June 28.

This date is significant as it relates to the mathematical constant Pi (π ≈ 3.14) and its multiple (2π ≈ 6.28).

Pi2Day typically serves as a venue for the Core Team to present ecosystem advancements, user growth statistics, and infrastructure milestones.

#Pi2Day is approaching. $Pi up 22% in the last 24h
Pi Domain auction concludes in 3 days.
New AI partnership and Web3 ecosystem expansion is anticipated.
Positive developments ahead pic.twitter.com/qZ9PSzGNSr

— Varangian Observer (@Varangian_CC) June 25, 2025

This year’s event holds particular importance as the community anticipates significant announcements that could further boost adoption.

The most awaited development involves the introduction of an upgraded Know Your Customer (KYC) synchronization feature.

This update will create a link between the Pi Browser and the main Pi App, allowing users to unify identity verification data across platforms.

Through this streamlined approach, millions of users currently facing “pending” or “tentative” KYC status may finally complete their transition to the open Mainnet.

Successful migration will unlock vital features, including wallet capabilities and the ability to transfer Pi tokens to the live blockchain network.

Moreover, over 100 days have passed since the Open Mainnet launch, prompting community members to expect announcements regarding new applications and developer tools.

Any demonstration of practical utility could shift market perception from speculative mining activities to genuine use case adoption.

Global search interest in @PiCoreTeam has dropped to its lowest point of 2025, raising new questions about the project’s momentum.#Pi #PiNetworkhttps://t.co/8RI6arkBgA

— Cryptonews.com (@cryptonews) June 5, 2025

Descending Wedge Broken: Analysts Target $1.25 as Pi Bulls Gain Control

The PIUSDT chart indicates a strong breakout from a descending wedge pattern, a classic bullish reversal formation.

This breakout negates the previous bearish structure and paves the way for a sustained upward trend. Key upside targets include the $0.9624 and $1.0486 levels, both of which signify former demand zones and potential resistance.

Source: Bullcrypto on TradingView

The next major resistance level is situated near the psychological $1 mark, which aligns with the top of the highlighted green supply zone.

With momentum clearly favoring bulls following the breakout, the short-term outlook remains optimistic. If the price can maintain above the broken wedge structure, a continuation toward the $0.90- $1.05 range seems probable.

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