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Pi Network Announcement: Why Is Pi Coin Price Up 50% Today?

Pi Network Announcement: Why Is Pi Coin Price Up 50% Today?

CoinspeakerCoinspeaker2025/05/11 16:00
By:By Bhushan Akolkar Editor Julia Sakovich

Pi Coin price surged by 50%, just days before a major announcement from the Pi Core team on May 14. Its market cap is over $9 billion now

Key Notes

  • Speculation rises about potential Pi Network listings on major exchanges like Binance and Coinbase.
  • With today’s rally, Pi has surpassed the likes of Litecoin, PEPE, and Bitcoin Cash.
  • Analysts are predicting further growth for Pi Coin toward $1.50 and $2 amid strong FOMO-driven momentum.

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%, shooting up all the way to $1.29, just two days before a major announcement coming from the Pi Core team on May 14.

In just the last three days, Pi Coin has jumped from the 27th to 16th spot, overtaking the likes of Litecoin LTC $90.41 24h volatility: 7.5% Market cap: $6.86 B Vol. 24h: $432.71 M , PEPE PEPE $0.000009 24h volatility: 1.5% Market cap: $3.71 B Vol. 24h: $591.98 M , and Bitcoin Cash BCH $363.5 24h volatility: 0.9% Market cap: $7.22 B Vol. 24h: $154.53 M as its market cap hit $9 billion. On the other hand, there’s a 176% surge in the daily trading volumes for Pi, shooting all the way to $1.26 billion.

What’s Behind Today’s Pi Coin Price Rally?

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, sparking a wave of speculation and market activity. 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 Rally Can Help Pi Network Growth

The recent Bitcoin BTC $96 611 24h volatility: 2.1% Market cap: $1.92 T Vol. 24h: $29.09 B price rally, along with the broader crypto marke,t has also led to huge investors’ optimism for altcoins, such as Pi Coin. 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.

$Pi coin rose more than 61% to $1.27 today, with trading volume up 558% to $1.38 billion. Today, $Pi coin ranks second in the list of most trending cryptocurrencies, second only to Bitcoin ( $BTC ). Pi coin has risen 114% in the past 7 days and 218% since its low of $0.40 on April… 

— Kim H Wong (@Time_and_Trade) May 12, 2025

 

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.

Note: this is a sponsored message from our partners

🔥 Don’t Miss Out: Solaxy Presale

Similar to Pi Network, Solaxy is a project that continues to gain traction as a Solana Layer-2 solution with multi-chain capabilities.

Having raised $34 million so far, the project aims to provide Solana-based tokens with increased scalability, lower fees, and more reliable transaction settlement.

About Solaxy, Use Case and Its Tokenomics

Solaxy aims to alleviate stress on the Solana mainnet by verifying transactions off-chain, batching them, and securely recording them on the blockchain. During its presale, Solaxy is offering SOLX tokens at a discounted rate, accepting payments in ETH, USDT, BNB, and SOL. Once launched, SOLX will play a key role in accessing and interacting with the Solaxy layer-2 ecosystem.

Current Presale Stats:

  • Current Price: $0.001722
  • Amount Raised So Far: $34 million
  • Ticker: SOLX
  • Date Launched: December 2024
  • Chain: Ethereum and Solana
  • Total Amount of Tokens Staked: 9,958,497,116 SOLX

There’s just one day left before SOLX’s price is raised. For those eyeing high staking yields and looking to back a project that’s pushing Solana’s technical limits, Solaxy is positioning itself as one to watch.

With a 116% staking yield and a focus on scalability through hybrid-chain infrastructure, it’s more than just another presale. It’s a glimpse into the next wave of blockchain innovation.

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Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

 
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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