Why Is Pi Network’s Price Up Today?

TL;DR

• Though a lot of the cryptocurrency market is effectively within the inexperienced at present amid constructive information on the US-China Commerce Conflict entrance, PI has emerged as one of many high performers.
• Maybe probably the most notable purpose behind this surge is an enormous teaser revealed by the Core Crew on X.

It’s secure to say that PI’s value trajectory was fairly painful for a very long time. Regardless that the asset bounced off its all-time low at $0.4 marked on April 5, it has nonetheless struggled to submit a significant restoration.

Its value didn’t recapture the momentum of a lot of the crypto market, the place even larger-cap alts soared impressively. PI spent the vast majority of the previous seven days beneath $0.6.

Nonetheless, it lastly recorded a formidable uptick on a each day scale. Its value is up by roughly 7% in one of many extra notable inexperienced candles in a couple of month. Thus, the present price ticket of $0.62 signifies that PI now sits at a two-week peak.

Whereas one of many extra possible causes behind at present’s value surge might be attributed to the general market resurgance, there’s one other one which acquired the neighborhood speaking.

The official X channel of Pi Community, with over $4.3 million followers, teased an enormous “ecosystem announcement,” which shall be revealed subsequent week.

A Pi ecosystem announcement shall be launched on Might 14. Tune in to search out out what’s coming subsequent! pic.twitter.com/5jn7m5mlmD

— Pi Community (@PiCoreTeam) May 7, 2025

The staff didn’t present any additional particulars, however speculations went rampant. One of many fashionable X customers, typically commenting on Pi Community-related stuff – Moon Jeff – said Binance was seen to simulate PI deposits and withdrawals, which might result in an eventual itemizing.

Recall that the world’s largest crypto change held a community vote a number of months again to find out whether or not its customers need to see PI on its platform. The ultimate outcomes have been overwhelmingly in favor of a PI itemizing, however there’s not a lot data on the subject since then.