The Pi Network officially opened to external trading on February 20th, 2025. Trading activities have intensified around the newly launched token.
Trading Launch and Initial Volatility
After years of anticipation, Pi Network opened for trading on February 20th, 2025. The initial token price surged to $1.84 but soon fell to $0.64 as trading intensified, indicating many holders took the opportunity to liquidate their assets after the network transitioned to an open trading environment.
Unexpected Surge and Community Response
A subsequent dramatic 97% increase in price over the last 24 hours made Pi Coin the top trending crypto on CoinMarketCap. Additionally, a Binance poll showed 85% user support for listing PI on the platform, fueling interest in the token. In just one day, Pi Coin saw a 159.83% price surge, reaching $1.72 before stabilizing at $1.40.
Analysis and Forecast
Currently, Pi Coin is priced at $1.32, with a high of $1.52 and a low of $0.72. While signs of a bullish trend are apparent, potential short-term pullbacks are also emerging, with traders noting bearish RSI divergence. Analysts are watching whether the price can hold above $1.10 for further growth but foresee a possible fallback to $0.94-1.00 if the current levels are not sustained.
As the Pi Network continues to garner global attention, the coming days and weeks will reveal whether this surge is the beginning of a larger trend or merely a temporary rally.
