Pi Network price doubles in a week — will the May 14 update push it higher?
Will upcoming announcements and a possible Binance listing make the Pi Network price prediction of a 300% return a reality?
Table of ContentsPi Network is back in actionPi Network’s ecosystem updatesPi coin technical analysisPi Network price prediction
Pi Network is back in action
After months of relatively muted action, Pi Network (PI) is suddenly drawing fresh attention. As of May 12, PI is trading at $1.53, reflecting a 24-hour gain of nearly 60%. The price briefly touched $1.62 before pulling back slightly, but the overall trend remains upward.
In just the past week, Pi has surged by more than 158%, rising from $0.59 on May 5 to its current level. That performance places it at the top of the leaderboard among the 100 largest cryptocurrencies by market cap.
Looking at the monthly chart, the momentum appears even stronger. Pi has climbed by nearly 107% since Apr. 14, when it was priced at $0.73.Â
The latest breakout has lifted its market cap to $10.8 billion, making it the 13th most valuable crypto asset, ahead of established names such as Avalanche (AVAX).
Trading activity suggests a sharp increase in demand, but the deeper question remains. Is the rally backed by meaningful fundamentals, driven purely by speculation, or somewhere in between?
Let’s unpack this further, explore what’s really happening beneath the surface of Pi Network, and examine what analysts are projecting when it comes to Pi coin price prediction.
Pi Network’s ecosystem updates
Pi Network’s recent price movement is closely linked to ongoing developments within its ecosystem, which has seen several key updates since early 2025.
A major turning point came on Feb. 20 with the launch of the Open Network. The update allowed Pi to operate beyond its previously closed environment, enabling external transactions and listings on exchanges such as OKX and Bitget.Â
The change introduced market-driven price discovery for the first time and expanded liquidity across platforms, directly influencing price dynamics in the months that followed.
To promote adoption, Pi Network organized its first Open Network PiFest between Mar. 14 and Mar. 21. According to official updates, the event aimed to highlight early real-world use cases and encourage broader community engagement during the ecosystem’s early commercial phase.Â
No official confirmations of these use cases have been provided so far.
Work on the mainnet launch has progressed in parallel. Based on earlier updates, Pi Network is aiming for 10 million user migrations under the Open Network framework, reinforcing its intention to expand access while maintaining user authentication standards.
Beyond the technical rollout, the project has stated its ambition to support at least 100 decentralized applications. Several dApps are already live, although most remain in their early phases.Â
Developer activity continues to build slowly, with a focus on accessibility and mobile-first design to reach regions where conventional financial infrastructure remains underdeveloped.
A major ecosystem update is scheduled for May 14. The announcement has already triggered increased trading interest, with a noticeable rise in wallet activity and PI accumulation on platforms such as BANXA, a fiat on-ramp provider.
A Pi ecosystem announcement will be released on May 14. Tune in to find out what's coming next! pic.twitter.com/5jn7m5mlmD— Pi Network (@PiCoreTeam) May 7, 2025
The update coincides with the Consensus 2025 Summit, where Pi’s founder is expected to deliver a keynote, further elevating the network’s visibility within the broader crypto space.
Speculation has also intensified around a possible Binance listing. Although no official announcement has been made, a recent community poll revealed that 86% of respondents support the listing, fueling additional momentum ahead of the scheduled update.
Pi coin technical analysis
From a technical standpoint, Pi Coin has gone through a full cycle of hype, correction, and renewed momentum within just a few months. After launching into a sharp rally in early 2025, the token briefly approached the $3 mark before reversing course.
Pi Network price chart | Source: crypto.news
The decline that followed resulted in a descending triangle pattern, marked by a series of lower highs pressing down against horizontal support between $0.60 and $0.65.
Toward the end of April, the trend began to shift. Price action stabilized around $0.60, forming a potential bottom. That structure is often viewed as an early sign of accumulation, especially when supported by consistent and moderate trading volume.
Confirmation arrived with a breakout above the $0.85 to $0.90 range, led by strong green candles and increasing volume.
In the past 2 days, Pi has surged beyond the $1.50 mark. The move has been reinforced by momentum indicators, including the Relative Strength Index (RSI), which registered a reading of 87 as of this writing, well above the neutral 70 threshold.
Although an RSI above 70 typically signals overbought conditions, in early-stage breakouts it can also indicate strong directional conviction rather than immediate reversal pressure.
The next key resistance sits between $1.80 and $2.00. That zone previously acted as support before the earlier sell-off and now represents a critical area that may determine whether the rally continues into a broader uptrend.
If buyers reclaim that level with volume confirmation, a retest of the previous high between $2.30 and $2.80 becomes technically plausible.
On the downside, failure to maintain support above $1.50 could lead to a pullback toward the $1.00 to $1.10 range, where minor demand has begun to emerge during recent sessions.
Pi Network price prediction
Price forecasts for Pi Coin in 2025 reflect a wide range of expectations, shaped by the asset’s volatility, limited historical data, and the early stage of its ecosystem.
Since Pi only recently became tradable on major exchanges, most projections are based on speculative modeling rather than long-term fundamentals.
According to CoinCodex, short-term Pi coin price prediction points to continued upside potential. For May 2025, the platform projects a minimum price of $1.26, with an average of $2.58 and a high of $4.34. That range suggests a potential return of over 190% compared to early May levels.
Pi coin predictions for June are even more optimistic, with estimated prices ranging from $3.95 to $6.04. If market conditions align with bullish expectations, the return could exceed 300%.
DigitalCoinPrice offers a more measured, long-term outlook. For 2025, the platform places Pi’s average price around $3.00, with a potential high of $3.26.
Future-year estimates show a gradual upward trajectory. The maximum projected price rises to $3.83 in 2026, $5.38 in 2027, and approximately $8.14 by 2030.
Forecasts like these should be viewed with caution. Pi Network remains in a formative phase. These forecasts may offer directional guidance, but they are not guarantees. As with any early-stage digital asset, trade cautiously and never invest more than you can afford to lose.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
2025-05-12 21:29:06
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