Pi Network (PI) has surged 105% in just 12 days, lifting the price to $1.26. Growing trader interest and a favorable macro environment are fueling this momentum ahead of a major ecosystem update on May 14.
Technical Momentum
PI remains above both the 50- and 100-period EMAs on the 12-hour chart, reinforcing the uptrend. Key technical signals include:
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A bullish MACD crossover with expanding green histograms, indicating rising buying pressure.
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Immediate resistance at $1.35; a decisive break could target $1.80, last tested in March.
Read Pi Coin Price Prediction 2030 For More Detailed Insights
Whale Activity & Listing Rumors
Blockchain data shows a single wallet purchased 70 million PI from OKX, bringing its holdings to 155 million tokens—the largest on any centralized exchange. This has sparked excitement:
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Speculation that Binance may list PI next.
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Evidence of Know Your Business compliance and increased on-chain activity often precede major exchange listings.
Growing Ecosystem
Beyond trading, Pi Network’s community and development are advancing rapidly. Highlights include:
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Ranking among the top 30 cryptocurrencies by market cap on CoinGecko.
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Renewed mining interest as users prepare for mainnet.
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Discussions around e-commerce, gaming, and social apps powered by Pi.
Also Read: Polygon Price Prediction 2025
Future Outlook
With bullish momentum intact and the May 14 announcement looming, forecasts remain optimistic. Analysts suggest:
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A realistic chance of reaching $2 by August if current trends continue.
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A potential year-end target of $5, contingent on roadmap execution and new partnerships.
As the crypto community awaits concrete details, Pi Network’s blend of technical strength, whale backing, and ecosystem growth keeps PI in the spotlight. Whether speculation or substance drives the next leg up, traders are watching closely.
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