This surge propelled its market capitalization to $11.8 billion, with a 65% increase in trading volume, reaching $744 million.
Despite this rally, the Pi Coin price remains approximately 45% below its all-time high of $2.98, achieved on February 26, 2025.
What’s Driving the Pi Coin Value Surge?
The recent spike in Pi cryptocurrency value is largely attributed to speculation about a potential Pi Network Finance listing. An overwhelming 86% of Pi Network users voted in favor of the listing, yet Binance has not officially confirmed the move. Market analysts suggest that a successful listing on the Pi Coin exchange could further boost the Pi token price and increase Pi Network market activity.
Pi Network (Pi Coin) surged 28% in a day to hit above the $1.70 mark. Source: TradingView
A pivotal moment for Pi crypto value is approaching on March 14, the network’s sixth anniversary. By 8:00 AM UTC, users must complete KYC verification and migrate their Pi wallet tokens to the Mainnet Pi platform or risk losing most of their holdings. The Pi Network mainnet migration process allows users to transfer Pi coins from the Testnet to the official Pi Network Coin ecosystem.
Despite the upward momentum, Pi cryptocurrency users have reported technical issues with the KYC and migration process. Additionally, concerns over mass Pi token unlocks loom, with only 7.15 billion Pi Coins in circulation out of a total of 100 billion. This raises fears of price dilution.
Can Pi Coin Break the $3 Resistance?
Breaking the $1.7 resistance level has set the stage for potential growth. Market analysts believe that if buying pressure continues, Pi Coin could soon test the $1.80 mark and potentially rally above $2. Long-term projections for Pi Coin worth suggest that reaching $3 is feasible with successful KYC completion, increased adoption, and a major exchange listing.
Pi Network Coin must break the $1.94 resistance and make it a support line to keep on the bullish rally targeting above $3. Source: SUBOOFFICIAL on TradingView
However, achieving this vision will involve continued momentum in the Pi Network ecosystem and wider overall acceptance of Pi Coin as a payment vehicle. The proposed listing with Binance should play an important role in both liquidity and market confidence. Moreover, as more businesses, like Zito Realty in Florida, begin to accept Pi Coin payments, the Pi cryptocurrency value could see steady growth.
The ABCD pattern on the hourly Pi Network price chart suggests Pi Coin is under an overall bullish trend. SL-Trades on TradingView
Another critical factor will be how effectively the Pi Network handles the migration process and resolves the technical issues users have reported. If the network successfully navigates these challenges, the value of Pi Coin could stabilize and gain traction among mainstream crypto investors. Ultimately, market sentiment and global crypto trends will play a pivotal role in determining whether Pi Coin can hit a new ATH.
Looking Forward: Pi Network Wallet Adoption and Future Prospects
With increased interest in the Pi Network wallet and growing demand to buy Pi Network Coin, the ecosystem is expanding. Notably, Zito Realty in Florida now accepts Pi Coin payments, highlighting Pi’s real-world utility. Furthermore, speculation around Binance’s new co-governance system has fueled hopes for a listing, which could further elevate the Pi Network price today.
As the March 14 deadline approaches, all eyes are on the Pi Network to USD value and how the market responds to the Pi Network news.
Brave New Coin – Read More