Could Pi Network’s Price Skyrocket to $100 if the SEC Approves a Pi ETF?

Updated

March 7, 2025

Gambar Could Pi Network’s Price Skyrocket to $100 if the SEC Approves a Pi ETF?

Jakarta, Pintu News – The price of Pi Network (PI) continues to rise with high trading volumes, surpassing a number of other popular cryptocurrencies. This surge comes in tandem with widening adoption and growing optimism that Pi Coin will soon be listed on Binance.

As a crypto asset born in the United States, there are indications that the SEC might approve a Pi Coin ETF, a move that could potentially push prices to even higher levels.

How High Could Pi Network’s Price Soar If the SEC Approves a Pi ETF?

Under Donald Trump’s leadership, the SEC has shown a friendlier attitude towards the crypto industry. It has even ended several major lawsuits against companies like Uniswap , Coinbase, and Gemini.

Therefore, expectations that the SEC will start approving various crypto ETFs, with prime candidates such as Solana , XRP , and Litecoin also growing.

Quoting the Coingape page, Pi Network has several factors that can attract the attention of large financial companies to apply for spot ETFs.

Why Pi Network Could Be a Strong Candidate for a Spot ETF Proposal?

Currently, Pi Network has a market capitalization of $13.6 billion and a fully diluted valuation of $195 billion, making it larger than some other ETF candidates such as Litecoin and Hedera.

In addition, Pi Network is a US-made project, which is a major focus of the Trump administration. Pi Network cannot be categorized as a security, as it uses a proof-of-work (PoW) mechanism like Litecoin and Bitcoin .

Furthermore, the absence of an initial token sale by the developers also further strengthens the argument that Pi is not a security. These factors increase the likelihood that Pi Network could be included in Trump’s strategic crypto reserve.

If the Pi Network ETF is approved, this is likely to be a huge catalyst for a price spike, as it was for XRP and LTC, where their prices spiked as the chances of ETF approval increased.

Pi Network Price Analysis: Is a Surge to $100 on the Horizon?

On Thursday (March 6, 2025), Pi Coin’s price was listed at $1.97, which means it would need to increase by almost 5,000% to reach $100. As ambitious as this may sound, a surge of this magnitude is not impossible in the crypto world.

For example, the price of Mantra (OM) has skyrocketed by almost 30,000% since December 2023. If the Pi Coin ETF is indeed approved, it could be an important validation for the project and dampen speculation that Pi Network is just a scam.

From a technical perspective, Pi Network is showing a bullish pattern after forming a falling wedge on the hourly timeframe chart. This pattern often indicates a bullish reversal, which explains why Pi Coin’s price has risen to its highest level since March 2.

As of March 6, 2025, Pi is also trying to break through the key resistance at $1.96, which was the highest level on March 3.

If this momentum continues, the Pi Coin price could potentially rise towards $3.01, which would be a 52% increase from current levels. If it manages to cross that level, a further surge towards $5 could be further confirmed.

However, if the price falls below the $1.5177 support level (March 2 low), then the short-term bullish outlook will be challenged. In this bearish scenario, Pi Coin risks falling deeper towards the next support at $1.00.

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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.

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