Pi Coin price surged by 50%, just days before a major announcement from the Pi Core team on May 14. Its market cap is over $9 billion now
By Bhushan Akolkar
Editor Julia Sakovich
Updated
3 mins read
On May 11, Pi Network’s native cryptocurrency Pi Coin PI $0.60 24h volatility: 2.7% Market cap: $4.21 B Vol. 24h: $104.11 M price surged by a massive 50%, shooting up all the way to $1.29, just two days before a major announcement coming from the Pi Core team on May 14.
In just the last three days, Pi Coin has jumped from the 27th to 16th spot, overtaking the likes of Litecoin LTC $90.41 24h volatility: 7.5% Market cap: $6.86 B Vol. 24h: $432.71 M , PEPE PEPE $0.000009 24h volatility: 1.5% Market cap: $3.71 B Vol. 24h: $591.98 M , and Bitcoin Cash BCH $363.5 24h volatility: 0.9% Market cap: $7.22 B Vol. 24h: $154.53 M as its market cap hit $9 billion. On the other hand, there’s a 176% surge in the daily trading volumes for Pi, shooting all the way to $1.26 billion.
Following the bottom at $0.40 last month in April, Pi Coin has staged a strong reversal, gaining 3x in less than a month. Over the past week, the trading volumes have gathered steam, as the Pi Core team announced an upcoming ecosystem update scheduled for Wednesday, May 14, 2025, sparking a wave of speculation and market activity. Thus, traders are actively purchasing Pi cryptocurrency ahead of the big news.
On the other hand, we are particularly optimistic about the possibility of Pi coin securing listings on major cryptocurrency exchanges like Binance, Coinbase, or Upbit. Such a listing would enhance accessibility, drive demand, and further boost market sentiment.
Over the past weekend, there has been huge whale activity in Pi Network, with an unknown wallet scooping 155 million Pi, raising further speculations of Binance listing. Dr. Altcoin, a popular Pi Network community member, noted:
“The giant is awake — ready to ignite a true revolution with innovation, eco-friendly, blazing speed, low fees, and the highly secure Pi Blockchain, backed by full KYC/KYB compliance and over 200,000 active nodes ready to be switched on. It is now unstoppable!”
The recent Bitcoin BTC $96 611 24h volatility: 2.1% Market cap: $1.92 T Vol. 24h: $29.09 B price rally, along with the broader crypto marke,t has also led to huge investors’ optimism for altcoins, such as Pi Coin. From a technical standpoint, Pi coin has been steadily recovering, breaking key resistance levels over the past few days. Two days ago, it surged past the $0.78 mark, and today, it has successfully crossed the $1.12 threshold.
$Pi coin rose more than 61% to $1.27 today, with trading volume up 558% to $1.38 billion. Today, $Pi coin ranks second in the list of most trending cryptocurrencies, second only to Bitcoin ( $BTC). Pi coin has risen 114% in the past 7 days and 218% since its low of $0.40 on April… pic.twitter.com/vWgTDkb2bo
— Kim H Wong (@Time_and_Trade) May 12, 2025
Analyst Kim H Wong attributed this rally to growing “fear of missing out” (FOMO) sentiment, which is fueling strong buying pressure. Looking ahead, the next critical resistance levels for Pi coin are set at $1.50 and $2.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.
