Why Is Pi Network’s Price Up Today?

TL;DR

• Though a lot of the cryptocurrency market is effectively within the inexperienced at the moment amid constructive information on the US-China Commerce Warfare entrance, PI has emerged as one of many prime performers.
• Maybe probably the most notable cause behind this surge is a giant teaser printed by the Core Crew on X.

It’s protected to say that PI’s value trajectory was fairly painful for a very long time. Although the asset bounced off its all-time low at $0.4 marked on April 5, it has nonetheless struggled to put up a significant restoration.

Its value did not recapture the momentum of a lot of the crypto market, the place even larger-cap alts soared impressively. PI spent the vast majority of the previous seven days under $0.6.

Nevertheless, it lastly recorded a formidable uptick on a each day scale. Its value is up by roughly 7% in one of many extra notable inexperienced candles in a few month. Thus, the present price ticket of $0.62 signifies that PI now sits at a two-week peak.

Whereas one of many extra possible causes behind at the moment’s value surge may very well be attributed to the general market resurgance, there’s one other one which obtained the neighborhood speaking.

The official X channel of Pi Community, with over $4.3 million followers, teased a giant “ecosystem announcement,” which can be revealed subsequent week.

A Pi ecosystem announcement can be launched on Might 14. Tune in to seek out out what’s coming subsequent! pic.twitter.com/5jn7m5mlmD

— Pi Community (@PiCoreTeam) May 7, 2025

The workforce didn’t present any additional particulars, however speculations went rampant. One of many widespread X customers, usually commenting on Pi Community-related stuff – Moon Jeff – said Binance was seen to simulate PI deposits and withdrawals, which might result in an eventual itemizing.

Recall that the world’s largest crypto alternate held a community vote a couple of months again to find out whether or not its customers wish to see PI on its platform. The ultimate outcomes have been overwhelmingly in favor of a PI itemizing, however there’s not a lot info on the subject since then.