Pi Network News: Can Pi Coin Price Hit $10? Key Levels Revealed

Published by

Vignesh S G

March 5, 2025

Pi Network has gained 6.2% in the past 24 hours, outperforming major cryptocurrencies like Bitcoin (+3.4%), Ethereum (+3.7%), XRP (+3.1%), BNB (+4.5%), and Solana (+2.6%). But that’s not the real surprise. Since its mainnet launch, PI’s price has skyrocketed by an incredible 1,676.68%, while the overall crypto market has dropped by 9.9% in the same period. That’s a staggering contrast – and a sign that something big is happening.

With PI breaking key resistance levels and speculation about a major exchange listing growing, investors are wondering: How much higher can PI go? Could we see a breakout past $2? Let’s dive in.

Why Is PI’s Price Rising?

Since February 20, PI has gained an incredible 1,676.68%, with a 6.9% jump in just the last 24 hours. This steady rise shows that Pi Network is moving independently of the broader market, maintaining strong momentum.

Key Reasons Behind PI’s Price Rally

Several factors are driving PI’s price increase:

Mainnet Migration Deadline Approaching
Pi Network is reaching its final deadline for users to migrate their holdings. According to a recent blog post from the team, March 17 is the last day to complete the migration. This deadline may be increasing buying pressure as investors prepare for the next phase.

Potential Binance Listing
Speculation around a Binance listing is another major factor. In a recent Binance community po ll, over two-thirds of participants supported listing PI. If Binance or other major exchanges list it, the price could see a significant boost.

US Election Impact on Crypto
Donald Trump’s return to office is bringing a more crypto-friendly stance from the US government, which could benefit projects like Pi Network.

Also Read :
Crypto News Today, 5th March : Ripple News, Trump Speech Today, Pi Network News
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PI Technical Analysis: Is a Breakout Coming?

PI recently broke past the strong $1.75 resistance level, pushing its price to $1.88. This breakout signals that bulls are in control.

Bollinger Bands: On PI’s four-hour chart, the bands have narrowed, suggesting that a major price movement is coming soon.
Parabolic SAR: This indicator also signals an upward trend, supporting the bullish outlook.

Can PI Break $1.90?

Experts believe that if PI moves past the $1.90 resistance level with strong volume, it could rally toward $10. However, if it fails to break through, selling pressure could push it down to $1.54.

To maintain its bullish trend, PI needs to hold support above $1.74. The price is currently just 1.06% below the key $1.90 level, making the next few days crucial in determining its next move.

Pi Network has defied market trends and harsh criticism before, and if history is any guide, this rally might just be getting started.

FAQs

Why Is Pi Coin’s Price Rising?

Pi Coin’s price is rising due to increasing exchange interest, migration deadlines, and strong community support, pushing demand higher.

Will Pi Coin Reach $10?

If Pi breaks the $1.90 resistance with strong volume, experts predict a rally toward $10. Failure could lead to a drop below $1.54.

Is Binance Listing Pi Coin?

Binance has not officially listed Pi yet, but a recent community poll shows strong support, increasing the chances of a future listing.

Vignesh S G

Vignesh is a young journalist with a decade of experience. A proud alumnus of IIJNM, Bengaluru, he spent six years as a Sub-Editor for a leading business magazine, published from Kerala. His interest in futuristic technologies took him to a US-based software company specialising in Web3, Blockchain and AI. This stint inspired him to view the future of journalism through the lens of next generation technologies. Now, he covers the crypto scene for Coinpedia, uncovering a vibrant new world where technology and journalism converge.