The Pi Network token has taken the crypto world by surprise, surging over 70% in just two days and briefly landing a spot among the top 20 digital assets by market cap. The rally comes just days before a highly anticipated announcement from the Pi team, scheduled for May 14.
The price surge began gaining momentum after Pi Network teased a “major ecosystem update” on May 8. Although the team hasn’t revealed specific details yet, the crypto community is buzzing with speculation. Many believe this could be a game-changing moment for Pi Network’s long-awaited Mainnet transition and wider adoption.
📈 Pi up over 72% in 48 hours
According to market data, Pi has jumped by more than 72% in under 48 hours and over 118% in the past week, making it the best-performing token in the top 20 during that time frame. At its recent peak, Pi hit $1.43 — its highest price since mid-March — with a market cap surpassing $9 billion.
🔥 What’s driving the surge?
There are two main factors behind Pi’s explosive rally:
- Ecosystem upgrade: Pi Network recently rolled out a new feature that decouples wallet activation from token migration. This change allows millions more users to join the Mainnet, increasing network activity and real utility for developers and users.
- Binance listing rumors: Speculation is swirling that Pi may finally be listed on Binance. While there’s no confirmation yet, many traders believe growing momentum and a more accessible ecosystem could lead to listing on top-tier exchanges.
Despite the rally, Pi is still not officially listed on Binance — reportedly due to liquidity concerns and the project’s unique token distribution model. But if the upcoming May 14 announcement includes clarity on those issues, that could be the final push needed for wider exchange support.
🔮 What’s next?
With excitement building and Pi reclaiming investor attention, all eyes are on May 14. If the announcement delivers on expectations, Pi Network could strengthen its position not just in price — but as a serious player in the blockchain space.
