Pi Network has opened its Ad Network to all dApps in its ecosystem, allowing developers to generate revenue from in-app advertising as sentiment around the PI coin begins to shift.
Developers with apps listed on the Mainnet Ecosystem Interface can now apply to integrate ads, earning revenue in PI coins. This initiative establishes a circular economy where advertisers spend PI to reach users, while developers earn PI for user engagement. The Pi Ad Network was initially tested with five community apps in 2024.
This update follows the recent integration with decentralized oracle provider Chainlink (LINK). Together, these developments indicate a transition from speculative mining to real-world adoption.
What this means for PI price
The Chainlink integration positions Pi Network to support apps that require accurate, real-time data, such as DeFi applications, prediction markets, and blockchain games. As more apps are developed, the demand for PI will increase, particularly for activities like lending, staking, and trading, which will necessitate users to utilize PI, reducing circulating supply and enhancing token scarcity.
Additionally, the Ad Network will further stimulate growth. As more apps emerge, developers can earn from their services and ad hosting, compelling advertisers to buy PI to pay for ads, thus boosting the token’s demand and utility across the ecosystem.
The daily chart shows signs of a potential trend reversal after a prolonged downtrend, with the PI price stabilizing and attempting to rise above key moving averages. Currently, the PI price hovers just below the 21-day Exponential Moving Average at $0.7569 while surpassing the 20-day Simple Moving Average at $0.6793. This crossover suggests a positive shift in short-term sentiment.
