Will Pi Network Surge to $10 Before March 14, 2025? Experts Weigh In!

Jakarta, Pintu News – Pi Network recently recorded a significant price increase, with a surge of 53% in the past week, opening up trading opportunities at $2 (32,934 IDR) on Saturday, March 1.

This increase sparked speculation among investors and market watchers about the possibility of the Pi Network price reaching $10 (164,673 IDR) ahead of the KYC and Mainnet migration deadline on March 14, 2025.

Pi Network Records Significant Increase Ahead of Mainnet Migration

As reported by Coingape (2/3/25), the Pi Network (PI) price surged 53% in the past week, opening at $2 on Saturday, March 1, 2025, as enthusiasm grows ahead of the platform’s KYC verification and Mainnet migration deadlines.

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In a blog published on Friday, February 28, the Pi Network team emphasized that the current migration period is the last chance for Pioneers to verify their accounts and secure their Pi balances before unclaimed funds disappear.

The project developers extended the deadline to accommodate inactive users who may have missed previous verification opportunities.

They also expressed security concerns, as the large number of unverified Pi balances in mobile wallets could pose a risk with the operation of the Open Network. This deadline is final and will not be extended further.

While previous extensions have given users ample time to verify, Pi Network developers insist that the migration process must be completed immediately in order to maintain security and decentralization.

Users who do not complete KYC before the deadline risk losing their unverified balance permanently.

Reasons for the Extension of Migration Clemency Period by Pi Network

Pi Network stated that the extension of the migration grace period was necessary to maintain inclusivity and accessibility for their global user base.

They emphasized the importance of giving all users the opportunity to complete the KYC and migration process, especially for those who may not have had the chance to do so.

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Some of the key reasons underlying this decision include the need to ensure a smooth transition for users and avoid any potential loss of significant digital assets.

Pi Network hopes that with this move, more users will be encouraged to reactivate and secure their digital assets before the deadline.

Can the Pi Network Price Reach $10 Before March 14, 2025?

With Pi prices surging 53% last week, moving from an opening price of $1.20 on Sunday February 23 before opening trading at $2.10 on Saturday March 1. Speculation is now mounting over the potential for PI to rise to the $10 level before the migration deadline.

The market reaction shows increasing confidence in the long-term viability of the project, but whether PI can reach $10 depends on many factors. Market sentiment is also very important. Increased adoption, successful migration, and expansion of use cases can trigger further rallies.

However, failure to meet migration targets or lingering doubts about Pi’s utility post-Mainnet could dampen bullish momentum. Pi Network’s price trajectory remains uncertain, but one thing is clear – the March 14 deadline is a defining moment for the project’s future.

Users who still have unverified balances have a narrow window of time to act before their assets are lost.

Whether the price of Pi continues to rise or fall in the coming weeks, the network’s transition to full Mainnet functionality will be the turning point that determines its long-term prospects.

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Pi Network Technical Analysis: Close Above $2 May Trigger an Attempt Toward $10

Pi Network’s price is currently consolidating around $1.95 after experiencing a 53% surge in the past week.

The chart shows that Pi is at an important decision point, with technical indicators giving mixed signals as to whether the bullish momentum can hold towards $10.

The Parabolic SAR indicator, which is used for trend following, is still showing a bullish signal at the $1.1446 level, indicating that buyers still control the overall trend.

However, the appearance of a red candlestick near $2 indicates the presence of selling pressure that could lead to a correction if the bulls fail to hold the current support level.

A strong close above $2 would reinforce the bullish momentum, while failure to hold above this level could see Pi retest the $1.50-$1.60 range.

Volume analysis shows a recent decline in buying momentum, with Delta Volume turning negative, meaning selling pressure is intensifying.

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If buyers manage to absorb the selling pressure, a break above $2.50 could trigger a sharp rally, with the next resistance target at $3.20 before a possible parabolic spike towards $10.

However, if Pi fails to hold above $2, it is likely that a prolonged consolidation phase will ensue, which could delay the potential breakout ahead of the migration deadline on March 14.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Pi Network Price March 14: KYC, Mainnet Migration Deadline. Accessed on March 3, 2025