Pi Network’s token has surged a hefty 20% in the past 24 hours, pushing its price to around $1.60 as of March 12, 2025. The digital asset remains 45% below its February all-time high of $2.98, but recent price action suggests a possible reversal.
After holding steady at the vital $1.40 support level for three consecutive days, PI has now pushed above its 21-day exponential moving average. The network continues to operate in its Enclosed Mainnet phase as it approaches full launch.
Trading volume has exploded alongside the price movement. A 54% increase has pushed 24-hour volume to $720 million, while futures open interest jumped over 30%. The 4-hour chart tells the story—five consecutive green candles, each backed by increasing volume. That’s what traders call momentum.
Trading momentum is undeniable—surging volume, rising futures interest, and consecutive green candles tell the whole story.
Still, local resistance between $1.75 and $2.00 could provide the next challenge.
March 14 looms large for the Pi community. The date marks the network’s sixth anniversary and, more importantly, the final deadline for KYC verification and mainnet migration.
Miss the 8:00 AM UTC cutoff, and you might kiss your Pi holdings goodbye. Talk about pressure.
The timing has fueled rampant speculation about a potential Binance listing. After 86% of Binance users voted to list Pi in February, many believe March 14 could be the big day.
Binance hasn’t confirmed anything—no surprise there—but such a move would dramatically boost Pi’s liquidity and accessibility.
Technical indicators add to the optimistic outlook. The RSI sits at 35, approaching oversold territory, while the MACD shows a mild bullish crossover.
Real-world adoption is picking up too, with Zito Realty in Florida now accepting Pi payments.
It’s not all sunshine and rainbows, though. Token supply dilution remains a serious concern.
With 93 billion tokens yet to enter circulation and 188 million scheduled for release in March alone, PI faces significant selling pressure. Those token economics? Brutal.
But for now, the momentum is undeniably upward.
