In a major development, Chainlink has now added Pi Network as part of its ecosystem integration into 22 new data feeds, a move that will allow the decentralized oracle network to gain real time access to pricing data of different blockchain tokens including Pi.
Now, with this move, Pi network and its cryptocurrency Pi are part of Chainlink’s data feeds that will allow decentralized applications (dApps) to access reliable on-chain pricing data for Pi token. The integration will also allow dApps to utilize Pi network for smart contracts and blockchain based gaming.
The integration of Pi network with Chainlink data feed was announced on the official X account of the former on Saturday.
Chainlink is a decentralized oracle network that provides secure and reliable connections between blockchains and real-world data. With this integration, Pi can now be used in smart contracts and other blockchain based transactions along with integrating the newly launched token onto several decentralized apps offering web3 based financial services including lending, staking and yielding.
With a major network like Chainlink integrating Pi in its data feed, it is a further step towards mainstreaming of Pi network in the web3 domain. Its native token $Pi is already listed on OKX, Bitget and Gate.io however what it is still being gatekept from several major exchanges like Coinbase and Binance. Perhaps, with a step like this, Pi could finally make that grand entry.
Also Read: Pi Network Breaks Down Trend! PI Coin Price Now Eyes $1?
