Pi Network Migrates 14M Tokens to User-Controlled Wallets, Price Spikes 11.52%

In very recent Pi Network news, the team has migrated 14 million tokens to user-controlled wallets to boost decentralisation and user trust.

Pi Network, the crypto project founded by Stanford alumni, has migrated 14 million tokens to user-controlled wallets in a bid to boost decentralisation and build trust among users. The move comes as the project prepares for its upcoming exchange listing.

Active participation is crucial for any blockchain project to succeed in the long run, and this initiative aims to encourage deeper involvement from the Pi community. It may also pave the way for future listings on exchanges, which would provide even greater liquidity and accessibility for Pi.

As investors eagerly await the project’s development, recent market data from Coinmarketcap shows that Pi coin is currently being traded at $0.8153, displaying a strong surge of 11.52% in the last day. Despite this, over the week, the altcoin has dropped by 35.23%.

However, it is still among the day’s top gainers, and we’ll be examining the potential price targets for Pi coin in the short term.

Technical Overview

As we delve deeper into the 4-hour chart of Pi, we can observe that the coin is currently being sold at $0.8153. At the time of writing, the coin’s price has increased by 11.70%, bringing its market cap to $5.89 billion.

Moreover, the last 24-hour trading volume for Pi has gone up by 77.40%, reaching $308.99 million. A bullish crossover is now forming above the 9-D SMA at $0.7589, while the RSI at 57.57 shows improving momentum with more room for further upside before hitting overbought levels.

Pi is now testing its immediate resistance at $0.8268, and if it manages to break through this level, we could see it rise to $0.9222. If the bulls succeed in pushing the price above this zone, the next psychological resistance to watch out for will be at $1.

On the lower side, if the price trends lower, we can expect to see support at $0.7876. In the event of a deeper sell-off, the price could drop to $0.6756.

Also, read our Pi Coin Price Prediction 2025, 2026-2030 for long-term price targets!

The move to user-controlled wallets improves transparency and trust, positioning the Pi Network for more active participation and future listings on exchanges.

If momentum sustains and the $0.9222 resistance is broken, a move toward $1 is achievable.

The price of 1 Pi coin at the time of writing is $0.8153, with an intraday gain of 11.52%.