Can Pi Network Price Hit $10 Before March 14 KYC, Mainnet Migration Deadline?

ibrahim
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Highlights

  • Pi Network price surged 53% to $2 ahead of the March 14 migration deadline, fueling speculation of a potential $10 rally.
  • The PI team announced March 14 as the final migration deadline—unverified Pi balances will be permanently lost if users fail to complete migration before the cutoff.
  • Technical indicators suggest bullish momentum, but Pi must hold key support levels to sustain an uptrend toward the highly anticipated $10 mark.

Pi Network price surged 53% last week, fueling speculation about a rally to $10 before the March 14 KYC migration deadline.

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Pi Network Posts Significant Gains as Mainnet Migration Approaches

Pi Network’s price surged 53% last week to open trading at $2 on Saturday, March 1 as excitement builds ahead of the platform’s KYC and Mainnet migration deadline.

In a recent blog post published on Friday, Feb 28, the PI Network team emphasized the current migration window presents the last opportunity for Pioneers to verify their accounts and secure their Pi holdings before unclaimed balances vanish.

Pi Network Price Action
Pi Network Price Action

The project’s developers extended the deadline to accommodate inactive users who may have missed previous verification opportunities. They also cited security concerns, stating that large amounts of unverified Pi stored in mobile wallets pose risks now that the Open Network is operational. This deadline is final, with no further extensions planned.

“As part of our ongoing mission to ensure inclusivity, fairness, and maximum participation in the Pi Network ecosystem, the Grace Period has one last extension to 8:00 a.m. UTC on March 14, 2025—the sixth anniversary of the project’s official launch.”

– Pi Network Team, Feb 28, 2025

While previous extensions provided ample time for verification, Pi Network developers insist the migration must conclude to maintain security and decentralization. Those failing to complete KYC by the deadline risk forfeiting unverified balances permanently.

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Why Did Pi Network Extend the Migration Grace Period?

Pi Network’s leadership says the extension is necessary to uphold inclusivity and accessibility across its global user base. The decision also aims to reengage early Pioneers who played a critical role in Pi’s initial adoption but became inactive over time. With the Open Network live, renewed interest has prompted the need for one final grace period.

The project cites several key reasons for the extension:

  • Reengaging early adopters: Pi Network wants to ensure those who contributed to the ecosystem’s growth but lapsed in activity have a final chance to verify and migrate their balances.
  • Ensuring inclusivity: Pi’s mission revolves around offering access to a broad audience, and extending the migration deadline aligns with this principle.
  • Addressing verification obstacles: The extension provides a buffer for Pioneers facing difficulties in completing KYC due to regulatory or logistical challenges.
  • Strengthening the network: A real, verified, and decentralized network is vital for Pi’s long-term success. Allowing more users to transition to Mainnet ensures a stronger, more robust ecosystem.

Despite these considerations, Pi Network maintains that this extension is the absolute last. The transition must move forward to establish full network functionality without unverified or inactive balances weighing down the system.

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What Happens If You Miss the Pi Network Migration Deadline?

Pioneers who fail to complete KYC and migrate their Pi holdings before March 14, 2025, will lose most of their mobile wallet balances. However, Pi Network has clarified that any Pi mined within the last six months before migration will remain accessible.

Pi Network Team announces "Last Chance" for Migration
Pi Network Team announces “Last Chance” for Migration

This means that users holding older, unverified Pi must take action before the deadline or risk losing their assets permanently. The migration process ensures that only verified users retain access to their balances, aligning with Pi Network’s commitment to maintaining a decentralized and authenticated blockchain.

Can Pi Network Price Reach $10 Before March 14?

With Pi’s price surging 53% last week, moving from its opening price of $1.20 on Sunday Feb 23 before opening trading at $2.10 on Saturday March 1 mark . Speculation is now mounting over PI’s potential to climb towards to the $10 level before the migration deadline.

The market’s reaction suggests growing confidence in the project’s long-term viability, but whether Pi can reach $10 hinges on multiple factors. Market sentiment is also crucial. Increased adoption, successful migrations, and expanding use cases could fuel further rallies.

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

Users still holding unverified balances have a narrow window to act before their assets disappear.

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

Pi Network Technical Analysis: Close Above $2 Could Spark $10 Attempt Before Migration Deadline

Pi Network price is consolidating near $1.95 after posting a 53% rally over the past week. The chart suggests a key decision point, with technical indicators offering mixed signals on whether PI can sustain its upward momentum toward $10.

The Parabolic SAR, a key trend-following indicator, remains bullish at $1.1446, suggesting that buyers still control the broader trend.

Pi Network Technical Analysis
Pi Network Technical Analysis

However, the latest red candlestick near $2 indicates selling pressure, signaling a potential retracement if bulls fail to hold current support levels.

A decisive close above $2 would reinforce bullish momentum, while a failure could see PI revisiting the $1.50-$1.60 range.

Volume analysis shows a recent decline in bullish momentum, with the Volume Delta flipping negative, indicating more sell-side pressure.

If buyers step in to absorb selling, a breakout above $2.50 could trigger a sharp rally, with $3.20 as the next resistance before a potential parabolic surge to $10.

However, failure to sustain above $2 risks a prolonged consolidation phase, delaying any upward breakout ahead of the March 14 migration deadline.

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Frequently Asked Questions (FAQs)

1. What happens if I miss the Pi Network migration deadline?

Unverified Pi balances will be permanently lost after March 14, but Pi mined in the last six months remains accessible.

2. Can Pi Network price reach $10 before the March 14 deadline?

Pi’s price surged 53% recently, but hitting $10 depends on technical breakouts, market sentiment, and adoption momentum.

3. Why did Pi Network extend the KYC deadline?

The extension ensures inclusivity, reengages early adopters, and strengthens network security before full Mainnet functionality.
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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Crypto analyst covering derivatives markets, macro trends, technical analysis, and DeFi. His works feature in-depth market insights, price forecasts, and institutional-grade research on digital assets.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.