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.
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