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coinpedia 2025-05-09 05:02:44

Pi Coin Price Inches Closer To $1 Levels, Will 9 Million Token Unlock Today Disrupt the Rally?

The post Pi Coin Price Inches Closer To $1 Levels, Will 9 Million Token Unlock Today Disrupt the Rally? appeared first on Coinpedia Fintech News In the last 24 hours, Pi Coin has jumped over 3%, riding the wave along with Bitcoin reclaiming the $102,000 mark and Ethereum leading with strong gains. Altcoins like Solana, Ethereum, and XRP are also surging, making it a big day for crypto traders. Pi Coin Breaks Resistance, Eyes $1 Target Pi Coin’s price has managed to break above a key resistance zone between $0.66 and $0.67. This breakout came with strong trading volume, a sign that buyers are stepping in. The Relative Strength Index (RSI) is currently at 56.68, showing growing bullish momentum. If the price stays above this resistance, it could target between $0.85 and $1.00 in the short term. Source: Coinpedia Markets However, if the breakout fails, the price might consolidate in the current range before making another move. Token Unlock Sparks Supply Concerns According to analyst Dr Altcoin , Pi Coin’s circulating supply suddenly jumped by 5 billion tokens — from 7 billion to 12 billion — earlier today. However, the supply available on crypto exchanges didn’t change. This sudden increase likely came from a 5 billion Pi liquidity pool, possibly to prepare for a major exchange listing. And when Dr Altcoin says major, he means Binance, BitMart, and HTX. Interestingly, the extra supply appeared and disappeared within an hour, hinting at a successful stress test. This suggests that Pi Network is testing its liquidity before the tokens officially go live on exchanges. Dr Altcoin said that the price could stay around $1 until May 14. If the announcement lives up to the hype, Pi might rise to $2 by the end of August . From there until the end of 2025, it could trade anywhere between $2 and $5, depending on how the ecosystem develops and how the market responds. Source: Pi Scan However, according to Pi Scan, 9.3 million Pi tokens are unlocking today, which could add pressure on the price. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Pi Network Set for Major Announcements at Consensus 2025 , Big Announcement Scheduled for May 14 Adding to the excitement, the Pi Network team has confirmed a major ecosystem announcement for May 14, 2025. This date coincides with the Consensus Summit 2025 in Toronto , where Pi founder Dr. Nicolas Kokkalis will be a featured speaker. 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 Analysts believe this could bring updates about new apps, real-world use cases, and future plans for the Pi ecosystem. Could Binance List Pi Soon? There’s also speculation that Binance might list Pi Network soon . While there’s no official announcement yet, blockchain activity hints at behind-the-scenes tests. A Binance-linked wallet recently processed over 294,000 test transactions with Pi tokens. This kind of activity usually signals preparations for a new token listing. Interestingly, Pi Network’s blockchain is built similarly to Stellar (XLM) — a cryptocurrency already listed on Binance, making a listing technically easier. .article_register_shortcode { padding: 18px 24px; border-radius: 8px; display: flex; align-items: center; margin: 6px 0 22px; border: 1px solid #0052CC4D; background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%); } .article_register_shortcode .media-body h5 { color: #000000; font-weight: 600; font-size: 20px; line-height: 22px; text-align:left; } .article_register_shortcode .media-body h5 span { color: #0052CC; } .article_register_shortcode .media-body p { font-weight: 400; font-size: 14px; line-height: 22px; color: #171717B2; margin-top: 4px; text-align:left; } .article_register_shortcode .media-body{ padding-right: 14px; } .article_register_shortcode .media-button a { float: right; } .article_register_shortcode .primary-button img{ vertical-align: middle; width: 20px; margin: 0; display: inline-block; } @media (min-width: 581px) and (max-width: 991px) { .article_register_shortcode .media-body p { margin-bottom: 0; } } @media (max-width: 580px) { .article_register_shortcode { display: block; padding: 20px; } .article_register_shortcode img { max-width: 50px; } .article_register_shortcode .media-body h5 { font-size: 16px; } .article_register_shortcode .media-body { margin-left: 0px; } .article_register_shortcode .media-body p { font-size: 13px; line-height: 20px; margin-top: 6px; margin-bottom: 14px; } .article_register_shortcode .media-button a { float: unset; } .article_register_shortcode .secondary-button { margin-bottom: 0; } } Never Miss a Beat in the Crypto World! 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Pi Coin surged 3% after breaking key resistance and speculation of a Binance listing and May 14 announcement boosted investor confidence. How high can Pi Coin go in 2025? Analysts suggest Pi Coin could hit $2–$5 by the end of 2025, depending on listings, user adoption, and ecosystem expansion. Will Binance list Pi Coin? While not confirmed, test transactions from a Binance-linked wallet hint at Pi Coin potentially being listed soon.

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