Pi Network’s cryptocurrency has exploded 20% higher in the past 24 hours, pushing the token to $1.60 amid a flurry of buying activity. The surge comes after weeks of consolidation around the $1.30-$1.40 support level, giving hodlers a much-needed break from the 45% decline since February’s all-time high of $2.98.
Trading volume tells the real story here. A massive 62% jump to $747 million shows traders aren’t just dipping their toes in—they’re diving headfirst. Futures open interest is up over 30%. Someone’s betting big.
Why the sudden interest? Binance. That’s the hopium traders are injecting straight into their portfolios. Back in February, 87.1% voted to list PI on the world’s largest exchange. While Binance hasn’t confirmed anything yet, smaller platforms like OKX, Bitget, and Gate.io have already jumped on board. A Coinbase or Kraken listing would crack open the US market. Game changer.
Rumor of a Binance listing is pure rocket fuel for Pi Network’s moonshot dreams.
Then there’s Pi Day—March 14th (3/14). Math nerds celebrate the number pi on this day, but for the crypto community, it’s all about PI’s 6th anniversary. It’s also the deadline for KYC verification and mainnet migration. Coincidence? Probably not. Users struggling with verification should act quickly as they must complete the migration by 8:00am UTC to avoid forfeiting their PI tokens.
The network itself isn’t just sitting pretty. With 65 million active users, nearly 20 million KYC-verified, and over 100 dApps in development, it’s building something. Zito Realty in Florida even accepts PI for payments now. Real estate and crypto—what could possibly go wrong?
Technically speaking, things are a mixed bag. Head and shoulders pattern? Bearish. Rising wedge? Also bearish. But five consecutive green candles on the 4-hour chart and a MACD bullish crossover suggest momentum. The 21-day EMA is providing support.
PI currently sits 11th by market cap at $11.69 billion. Not too shabby for a token that still hasn’t hit many major exchanges. The question is: will Pi Day deliver the goods, or just more pie in the sky?
