Why Is Pi Network’s Price Up Today?

TL;DR

• Though a lot of the cryptocurrency market is properly within the inexperienced right this moment amid optimistic information on the US-China Commerce Struggle entrance, PI has emerged as one of many high performers.
• Maybe probably the most notable motive behind this surge is a giant teaser printed by the Core Staff on X.

It’s secure to say that PI’s worth 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 submit a significant restoration.

Its worth didn’t recapture the momentum of a lot of the crypto market, the place even larger-cap alts soared impressively. PI spent nearly all of the previous seven days beneath $0.6.

Nonetheless, it lastly recorded a formidable uptick on a each day scale. Its worth 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 right this moment’s worth surge might be attributed to the general market resurgance, there’s one other one which acquired the neighborhood speaking.

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

A Pi ecosystem announcement will likely be launched on Might 14. Tune in to search 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 may result in an eventual itemizing.

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