Pi Network (PI) Price Prediction: Can PI Coin Hit $1.2?

The Pi Network price is on track to reclaim the $1.2 level, with key performance metrics in green. Market analyst MOON JEFF on social media platform X says PI could hit this level

Key performance metrics for the Pi Network (PI) are in the green, putting the token on track to reclaim the $1.2 level, according to a post by market analyst MOON JEFF on X (formerly Twitter).

“If we maintain the $0.8 level, then we might see another pump toward $1.2 or even higher before another adjustment lower,” the analyst stated.

Other factors that could contribute to the future PI rally include collaboration with startups and the potential launch of a token on top crypto exchanges, such as Binance.

Pi Network (PI) Price Remains Elevated

According to market data, the price of PI was $0.93 at press time, representing a 4.8% increase over the past 24 hours.

While the daily price growth rate is a positive metric, the weekly surge tells a more ambitious story. In the past week, PI rose by an outstanding 25%.

As the new week of trading begins, the price of PI is showing signs of resilience, remaining above the $0.8 level.

The sustained price growth is a significant development, especially considering the recent downturn in the broader cryptocurrency market.

Earlier in May, the price of PI dropped to $0.40 before beginning a strong recovery, surging more than 114% to reach $0.87 by May 10.

The next day, the price of PI broke through the $1 level, climbing 61% to reach $1.27, while the trading volume soared by 558% to $1.38 billion.

This volume demonstrates the sustained adoption or interest from market participants. Analysts observed that if this momentum continues, it could fuel further gains for the token in the coming days.

The May 11 rally propelled PI to second place on the list of most trending cryptocurrencies, closely trailing Bitcoin (BTC).

In the weekly price chart, PI rose by 114% and 218% from its low of $0.40 on April 4, 2025.

Factors Attributed to the PI Coin Breakout

Crypto enthusiast and PI Coin proponent Kim. H Wong highlighted several factors that might be contributing to the ongoing rally of PI.

He noted that PI experienced an 8% price increase ahead of a prominent announcement on May 14.

Speculators quickly reacted by purchasing Pi coins in anticipation of the announcement, which was widely expected to bring forth positive news.

In another post, Wong revealed that the core team has officially launched a $100 million initiative, funded by both Pi and USD.

The team aims to invest in startups and businesses that are focused on expanding the utility and real-world adoption of Pi.

Wong viewed this news as a significant development that will serve to enhance the ecosystem in the future.

Binance to List PI Coin and Future Token Uncover Event

Beyond the core speculations, which remain high, there are rumors that Binance will soon list PI Coin on its exchange.

These speculations intensified after Binance made a cryptic announcement on its official X account, teasing the launch of PI Coin with its logo, which includes the PI symbol.

Major exchanges, such as OKX, Bitget, MEXC, HTX, and Gate.io, have already added support for Pi trading.

Therefore, a listing on the Binance exchange would bring more credibility to the coin, and the price is expected to rise further as support and adoption for PI increase.

Moreover, there are ongoing discussions about reducing the circulating supply through token burning, which could create a favorable supply and demand pattern for PI.

According to data from the Pi scan, the team plans to unlock 272,212,590.14 tokens out of the total 5,180,560,834.16 coins that are currently locked.