Pi Network's native cryptocurrency Pi Coin PI $0.60 24h volatility: 2.7% Market cap: $4.21 B Vol. 24h: $104.11 M price surged by a massive 50%

On May 11, Pi Network's native cryptocurrency Pi Coin PI $0.60 24h volatility: 2.7% Market cap: $4.21 B Vol. 24h: $104.11 M price surged by a massive 50%

Key Points:

- Pi Coin, the cryptocurrency developed by Pi Network, witnessed a remarkable 50% surge in price on Thursday.

- The coin, which is used by the social cryptocurrency app Pi Network, shot up to $1.29, marking a 50% rise in 24 hours.

- This surge comes just two days ahead of a major announcement from the Pi Core team, scheduled for May 14.

- Moreover, there’s a 176% surge in the daily trading volumes for Pi, shooting all the way to $1.26 billion.

- The coin, which hit the 27th spot on Thursday, has now risen to the 16th position, overtaking the likes of Litecoin , PEPE , and Bitcoin Cash as its market cap hit $9 billion.

What Is Happening With Pi Coin Today?

Following the bottom at $0.40 last month in April, Pi Coin has staged a strong reversal, gaining 3x in less than a month. Over the past week, the trading volumes have gathered steam, as the Pi Core team announced an upcoming ecosystem update scheduled for Wednesday, May 14, 2025.

Thus, traders are actively purchasing Pi cryptocurrency ahead of the big news.

On the other hand, we are particularly optimistic about the possibility of Pi coin securing listings on major cryptocurrency exchanges like Binance, Coinbase, or Upbit. Such a listing would enhance accessibility, drive demand, and further boost market sentiment.

Over the past weekend, there has been huge whale activity in Pi Network, with an unknown wallet scooping 155 million Pi, raising further speculations of Binance listing. Dr. Altcoin, a popular Pi Network community member, noted:

The giant is awake — ready to ignite a true revolution with innovation, eco-friendly, blazing speed, low fees, and the highly secure Pi Blockchain, backed by full KYC/KYB compliance and over 200,000 active nodes ready to be switched on. It is now unstoppable !

Bitcoin (BTC) Can Help In Pi Network Growth

The recent Bitcoin price rally, along with the broader crypto market, has also led to huge investors’ optimism for altcoins.

From a technical standpoint, Pi coin has been steadily recovering, breaking key resistance levels over the past few days. Two days ago, it surged past the $0.78 mark, and today, it has successfully crossed the $1.12 threshold.

Analyst Kim H Wong attributed this rally to growing “fear of missing out” (FOMO) sentiment, which is fueling strong buying pressure.

Looking ahead, the next critical resistance levels for Pi coin are set at $1.50 and $2.