Pi Network (PI) continues to capture attention in the crypto market despite its volatility. While Bitcoin (BTC) plunged nearly 9% following U.S. President Donald Trump's announcement of new tariffs, Pi Network showed positive dynamics, increasing by 3%.
Pi Network Climbs to 11th Place
The Pi Network community is celebrating a major milestone. CoinMarketCap, a leading platform for tracking cryptocurrency markets, has updated PI's ranking. This long-awaited update, supported by the community since PI's listing, marks a new era for the project. Currently, Pi Network ranks 11th in global crypto rankings, surpassing well-known altcoins like Hedera (HBAR), Chainlink (LINK), and Stellar (XLM).
Battle with TRON for Top 10 Spot
With a market capitalization of approximately $12 billion, Pi Network is now one step closer to breaking into the top 10. It currently trails TRON (TRX), which holds the 10th spot with a market cap of $20 billion. Given PI's current momentum, further growth may allow it to challenge TRX for a place in the elite top 10.
Market Reaction and Expert Opinion
Despite market uncertainty, Pi Network's strong performance signals growing confidence among investors and users. The project's ability to maintain an upward trajectory in turbulent conditions strengthens its position as a formidable player in the crypto space.
Based on Pi Network's current achievements, the project continues to secure its position in the global rankings, garnering trust and support from the crypto community.
