Pi Coin Price Soars By 40% As Core Team Teases Major Announcement

12 May, 2025

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Pooja Khardia is a seasoned crypto content writer with 6+ years of experience in writing, including in blockchain, cryptocurrency, DeFi, and digital finance reporting. In her adventure journey, she is currently working with CoinGape Media and leading their Trending Section. Here, she uses her expertise to deliver analytics, market insights, price predictions, and information on what’s trending in the crypto space, aiming to keep the crypto and web3 community updated with market trends and important insights. Known for a user-centric and straightforward writing style, Pooja is passionate about making crypto easy and accessible. Her writing blends market research with storytelling, helping readers stay ahead in a fast-paced industry. When not behind the keyboard, Pooja embraces her creative side through drawing and crafting. Connect with Pooja on LinkedIn or X.

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Pi Coin Price Soars By 40% As Core Team Teases Major Announcement

Highlights

Pi Coin price hits 2-month high after today's 40% rally.
Pi Network is bullish due to US-China trade talks and upcoming major announcement.
If the uptrend continues, Pi coin could hit $1.7 or higher.

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Pi coin price is exploding today with the broader crypto market recovery amid the positive updates on the US-China trade war, but there’s more. The Pi Network token has often been in discussion due to its bullish price performance and anticipation around the top exchange listing. However, similar to most cryptos, its trend slowed down in recent days before returning today, and there’s a special reason behind that. Let’s discuss.

Pi Coin Price Skyrockets 40% Today Amid FOMO

With a 40% surge today and 130% over the week, Pi coin price is moving with the bulls. It has achieved a two-month high at $1.6, currently trading at $1.3. What’s more significant is that it has reached a market cap of $10.9 billion before settling at $9.57 billion.

Amid broader market recovery due to US-China trade talks, the digital assets are booming with gains, and the Pi Network price rally is a part of that. Experts believe the FOMO drove this rally as the investors’ sentiments turned bullish amid the upcoming Pi ecosystem’s updates.

In a May 8 post, the Pi Network revealed that an ecosystem announcement would be released on May 14. Although there’s no official news on what’s coming, investors anticipate it to be the much-awaited Binance listing or something equally bullish.

A Pi ecosystem announcement will be released on May 14. Tune in to find out what’s coming next! pic.twitter.com/5jn7m5mlmD

— Pi Network (@PiCoreTeam) May 7, 2025

As a result, spectators are buying the Pi Coin in anticipation of the bullish rally.

Is Pi Network Mainnet Launch Coming Next?

Although there’s no certainty around the May 14 Pi Network’s announcement, investors wish to witness either a Binance listing or a mainnet launch. Adding to the anticipation, Pailot, an application bridging the logistics and web3 technology, commented that they are preparing the Pailot app for the Pi Core team’s mainnet review ahead of the upcoming exosystem listing.

Stay updated on #PiNetwork potential and bullish trends in 2025

➤ #PiNetwork24X7 🔔https://t.co/6lIJchApWy

— The Times of PiNetwork (@PiNetwork24X7) May 12, 2025

If this happens, it could hit new highs, per experts’ Pi Coin price predictions. Crypto TA King adds that the critical resistance lies around $1.39, $1.69, and $2.0. If the bullish momentum continues, it could hit $1.7 amid this FOMO around the May 14 announcement.

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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Frequently Asked Questions (FAQs)

1. Why is the Pi Network price up today?

Pi Network price is up today due to the broader crypto market recovery amid US-China trade settlements and investors’ FOMO amid its upcoming announcement..

2. Is Binance listing confirmed?

There are no updates around the Binance listing, but there's anticipation of a potential listing on May 14.

3. Will Pi Network price hit a new ATH?

The Pi Network’s ATH stands nearly 50% higher than the current level. An ATH may not form unless the bulls complete dominance.

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.