Pi Network’s price has skyrocketed by over 23% today, significantly outpacing most top cryptocurrencies. This surge comes as anticipation builds ahead of Pi Day, with the community expecting major announcements. The excitement has been further fueled by speculation about Pi Coin’s potential listing on Binance, which could mark a turning point for the digital asset.
Pi Coin’s Price Rally: A Closer Look
Pi Coin surged to $1.67 today, marking a 23% increase in 24 hours. Its trading volume also saw a massive 62% jump, reaching $747 million. The token hit an intraday high of $1.74, rebounding from a low of $1.35, signaling strong bullish momentum.
Adding to the rally, market analysts have pointed to rumors of a price-pegging mechanism for Pi Coin on the blockchain. A smart contract linked to Chainlink has surfaced, suggesting potential developments aimed at stabilizing Pi’s value. If confirmed, this could bolster investor confidence, with some analysts predicting a possible surge to $5 in the near term.
Pi Day Hype Drives Market Optimism
Pi Network enthusiasts are eagerly awaiting March 14, widely known as Pi Day, when major updates and announcements are expected. Crypto analyst Moon Jeff highlighted Pi’s strong support level at $1.30, suggesting that sustained momentum could push the price toward $5.
Meanwhile, crypto exchange HTX has hinted at a possible Pi-related announcement. In a cryptic X post, HTX wrote, “Two days to go! How should we celebrate Pi Day?” fueling speculation about a potential listing or partnership.
2 days to go! 🥧
— HTX (@HTX_Global) March 12, 2025
How should we celebrate #PiDay? pic.twitter.com/Hwzy1sNARh
What to Expect on Pi Day?
Pi Network is rapidly expanding its ecosystem, with reports indicating over 100 decentralized applications (dApps) in development. A Pi enthusiast, The Times of PiNetwork, recently posted, “Pi Network is preparing to unveil 100+ dApps, enhancing the coin’s real-world utility.” With over 65 million active users and 150 million app downloads, Pi’s adoption rate continues to grow, potentially driving mainstream recognition.
Also Read: Pi Network’s Core Team Controls 82.8 Billion PI, Raising Major Centralization Concerns
A key catalyst for Pi’s bullish trend is growing speculation about a Binance listing. While Pi is already traded on OKX, MEXC, and Bitget, a Binance listing would significantly enhance liquidity and exposure. If such an announcement materializes on Pi Day, Pi Coin could experience a massive rally, further cementing its place in the crypto market.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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