Pi Network's price surges nearly 170% in one week, reaching $1.66 and top 15 spot in coinmarketcap rank.

Excitement builds for Pi Network's major announcement on May 14 at Consensus 2025 event.

Pi Network’s price has surged nearly 170% in one week, reaching $1.66 and even hitting the top 15 spot in coinmarketcap rank. The token is now trading at $1.54, still up 155% in the last seven days.

As the anticipation for Pi Network’s major announcement at Consensus 2025 builds, many are predicting the token to hit $2 soon.

After a period of inactivity for the past two months, Pi Network (PI) coin has experienced a significant surge, increasing by almost 170% in just one week.

The token's price has reached $1.66, and it briefly entered the top 15 biggest cryptocurrencies, further highlighting the magnitude of its recent surge.

The timing of Pi Network’s recent surge aligns closely with a teaser announcement on May 8. Although there were no clear details, yet the post hinted at an upcoming update since the biggest event is nearing.

On 14 May, the Consensus 2025 event is set to begin, which will be the biggest crypto event, where Pi Network’s founder, Dr. Nicolas Kokkalis, will be speaking about his goal of making crypto simple, which might catch the attention of people worldwide.

In just 24 hours, it soared over 60%, and over seven days, it’s up more than 155%, currently trading around $1.53. As of now, Pi is holding strong around the 14th spot, with a market cap above $10.77 billion.

Key Updates Driving Growth

Pi Network has also made some important updates to its system. They have separated wallet activation from token migration, making it easier for users to join the Pi Mainnet.

These updates have created hope that Pi will keep growing, both in terms of users and how useful it is.

Some users are also pointing to possible exchange listings. A popular Pi-focused channel claimed there’s a 93% chance Binance is preparing to list Pi. Although there’s no official confirmation yet.

I'm 93% sure that #Binance is now in the process of listing $Pi.I think this little price increase might have something to do with it. To be honest, it would be very smart to list Picoin before #Pi2Day to benefit from the transaction fees.This can happen because this is… pic.twitter.com/X256lbLjCH

Pi Price Eying $3 Mark

The sudden pump is seen by many as a possible trend reversal, from a long bearish phase to a more bullish outlook. Crypto analysts see a large green candle on the daily chart is often seen as a signal that momentum is picking up.

Now, Pi is facing its next challenges, resistance levels at $1.60 and $2.00. If it manages to push past those areas, traders believe the token could hit its ATH price soon, $3.