Pi Network Surges 19% on March 12: Pi Day Optimism Fuels Speculation—Could PI Coin Hit $5?

Jakarta, Pintu News – On March 12, 2025, the price of Pi Network (PI) surged by more than 19%, surpassing other top cryptocurrencies that only recorded small gains.

Many market observers believe this spike was triggered by optimism ahead of Pi Day, with many expecting a series of important announcements in this period.

In addition, speculation regarding the possible listing of Pi Coin on Binance further boosted market confidence.

Pi Network Surges 19%: What’s Next?

Pi Network’s price today rose 19% and traded at $1.63, while its trading volume jumped 689% to $767 million. Interestingly, in the last 24 hours, Pi’s price had reached a high of $1.74, having previously dropped to a low of $1.35 in a day.

Read also: Pi Network Price Analysis: Is PI Headed Below $1 or Primed for a Massive Breakout?

In addition, this price spike comes amid rumors about Pi’s price-pegging mechanism on the blockchain. The community recently discovered smart contract code related to Chainlink (LINK) and referencing Pi Coin.

This price pegging mechanism is expected to provide stability to the value of Pi, further increasing investor enthusiasm. Although there is no official confirmation yet, recent price analysis shows the potential for Pi to rise to $5 in the near future.

Pi Day Triggers Enthusiasm

Pi Network’s latest rally has generated optimism among the crypto community. Many attribute this price spike to the increased anticipation ahead of Pi Day, which falls on March 14, 2025.

Crypto analyst Moon Jeff highlights Pi’s strong support level at $1.3 and predicts a price surge to $5 if momentum holds.

Meanwhile, crypto exchange HTX also intrigued its followers with a Pi-related post, further fueling speculation about a major announcement.

In a post on platform X, HTX wrote, “Two more days! How should we celebrate Pi Day?”

This mysterious message left many wondering if there would be any new listings or partnerships to be announced.

What to Expect on Pi Day

Pi Network continues to rapidly build its decentralized ecosystem, with over 100 decentralized applications (dApps) reportedly in development.

A Pi Coin enthusiast on the X platform, The Times of PiNetwork, expressed his excitement regarding the upcoming update, stating,

“Pi Network is preparing to launch over 100 dApps, which will increase the coin’s usability in the real world.”

Pi’s rapidly growing ecosystem has positioned it as a potential big player in the Web3 world. With 65 million active users and over 150 million app downloads, its adoption rate has surpassed many of the more established cryptocurrencies.

Enthusiasts believe that this can encourage widespread recognition as well as price stability driven by real usability.

Global Impact & Future Outlook of Pi Network

Pi Network’s unique approach to mining has attracted global attention. Unlike Bitcoin which requires high energy consumption, Pi Coin can be mined through mobile devices, making it more accessible to users around the world.

Read also: DOGE Analysis: Dogecoin Sellers Dominate the Market, DOGE Price Struggles to Break $0.20

To date, the project has successfully KYC-verified nearly 20 million users, a major achievement in the crypto industry.

As Pi Day approaches, investors and the crypto community are eagerly awaiting the official announcement. If Pi Network manages to meet expectations, the positive price momentum could continue beyond March 14.

One of the main factors behind Pi Coin’s bullish trend is speculation regarding a possible listing on Binance. Currently, Pi is already available on several major exchanges such as OKX, MEXC, and Bitget.

However, if Binance confirms the listing on Pi Day as many anticipate, the Pi Coin price could potentially experience a huge spike in the coming weeks.

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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 Soars 20%: Here’s What To Expect On Pi Day. Accessed on March 12, 2025
• Coinspeaker. Why Is Pi Network (PI) Price Rallying 20% Today? Accessed on March 12, 2025