Pi Network Price Surge: Chart Signals a Potential 135% Bullish Breakout

📌 Pi Network's Resurgence and What It Means for Crypto Investors

After suffering a precipitous drop that shaved over 86% off its value from the February highs, Pi Network’s token (PI) is demonstrating a powerful rebound. Its price rocketed more than 80% from its April lows, recently topping out at $0.7375, marking its strongest performance since March 31.

The recent spike in value hasn’t occurred in a vacuum. The broader cryptocurrency market has shown signs of stabilization, with key players like Bitcoin (BTC) and Solana (SOL) regaining momentum. And now, with institutional interest, exchange listing rumors, and technical indicators flashing green, analysts are eyeing a potential 135% surge in PI’s price — potentially retesting its previous swing high at $1.7365.

But is this a sustained recovery or just a bull trap waiting to snap shut?

Let’s explore the fundamental drivers, technical analysis, and market sentiment behind Pi Network’s recent revival — and examine the possibilities for the road ahead.

🔍 Pi Network Overview: What is It and Why Should You Care?

Before diving deep into the charts and catalysts, it's important to understand what Pi Network is and why this project has generated massive global attention, despite controversy surrounding its current token tradability.

What Is Pi Network?

Pi Network is a mobile-first cryptocurrency project that aims to make blockchain technology accessible by allowing users to mine tokens directly from their smartphones — without requiring significant computing power.

• Founded by Stanford graduates

• Uses a proof-of-consensus algorithm

• Still in the Enclosed Mainnet phase, meaning real-world utility is limited

• Millions of users ("Pioneers") worldwide

• Awaiting transition to Open Mainnet

Despite these limitations, the Pi Network community has remained strong, with significant speculation about the token's eventual listing on top-tier exchanges.

📈 Pi Network Price Action: From Collapse to Comeback

April’s Brutal Dip: A Necessary Flush-Out?

Earlier this year, Pi coin faced intense selling pressure, falling by more than 86% from its February high. This drop was largely attributed to:

• Excessive early hype and unsustainable valuation

• Lack of Open Mainnet, resulting in trading only IOUs on limited exchanges

• Token unlock events increasing circulating supply

• FUD (Fear, Uncertainty, Doubt) regarding the project’s legitimacy

But after this brutal correction, the $0.40-$0.45 range emerged as a significant support zone — where opportunistic investors began accumulating PI again.

The Rebound Begins: Over 80% Surge

In recent days, PI coin has staged a stunning recovery:

• Jumped from ~$0.40 to ~$0.7375

• Daily volume exploded by 80%, topping $700 million

• Marked its highest valuation since March 31

This price action came as Bitcoin surged to $84,000 and Solana climbed past $130, bringing broader bullish energy into the altcoin market.

🔎 Technical Analysis: Chart Patterns Point to 135% Breakout

4-Hour Chart: The Wedge Breakout

The 4-hour chart for PI/USDT reveals a critical technical setup:

• A falling wedge pattern formed between February and early April — typically a bullish reversal structure.

• The token broke out above the wedge, confirming a potential reversal.

• Now trading above the 50-period moving average, a bullish momentum signal.

Oscillators Confirm Uptrend

Two major technical indicators are flashing bullish:

• Relative Strength Index (RSI) is rising but still remains under overbought levels — room for further upside.

• Awesome Oscillator (AO) has flipped green, confirming positive momentum.

These indicators, coupled with higher lows and increasing volume, suggest bullish continuation.

Next Resistance Zone: $1.7365

If momentum holds, the next major resistance is at $1.7365, the swing high from March 13.

A move to this level would constitute a 135% increase from current prices — a major opportunity for traders and long-term believers alike.

Beware: The Rising Wedge Risk

However, one cautionary signal is the formation of a small rising wedge — a bearish reversal pattern — inside the larger structure. If PI fails to break above $0.74 decisively, we could see a pullback to the $0.40 region, retesting support.

📊 Macro and Sentiment Factors: Why Traders Are Feeling Bullish

Global Crypto Recovery

The macro environment has been surprisingly supportive for digital assets in recent weeks:

• Bitcoin’s rise to $84,000 reestablished bullish sentiment across markets.

• Solana, Ethereum, and smaller altcoins have also posted double-digit gains.

• Investors are betting that U.S. monetary policy will remain accommodative in light of ongoing trade tensions and potential economic disruptions from policy shifts.

Fed to the Rescue?

Recent comments from Boston Fed President Susan Collins — indicating a readiness to intervene in support of the economy — have given traders more confidence that any volatility related to the Trump tariffs will be softened by Federal Reserve action.

For speculative assets like PI coin, this represents a green light for more aggressive risk-taking.

🏦 Major Exchange Listing Speculation: Binance, Coinbase, and Kraken in Focus

The Binance Buzz

The biggest news pushing bullish sentiment for PI coin is rumors of a Binance listing.

• In February, Binance community members voted in favor of listing Pi Network.

• Although Binance has not officially confirmed the listing, the vote itself signals strong user interest and exchange-level attention.

Other Exchange Possibilities

• Coinbase: Has shown increasing interest in expanding its altcoin offerings.

• Kraken and Upbit: May follow suit to capture trading fees currently flowing to OKX and MEXC, where PI IOUs are traded.

Why Listings Matter

Exchange listings increase:

• Liquidity

• Credibility

• Accessibility

• Price discovery

A Binance or Coinbase listing could catalyze a significant price rally — potentially surpassing the March highs.

🔥 Tokenomics: Burning Mechanism and Supply Management

One of the most anticipated developments in the Pi ecosystem is the potential implementation of a token burning mechanism.

Why Burning Matters

With PI’s circulating supply increasing due to:

• Mining rewards

• Token unlocks

• Community distribution events

…the addition of burning mechanisms would help counterbalance inflation and maintain upward price pressure.

Burning effectively reduces the total available supply, increasing scarcity a classic method to drive value in crypto assets.

Community-Driven Push

The Pi Network’s strong user base has been vocal about introducing deflationary mechanics. Developers are reportedly working on tokenomics adjustments that may include:

• Fee-based burns during transactions

• Burns tied to smart contract usage

• Community vote-based token management

🌐 Pi Network’s Path to Open Mainnet: The Elephant in the Room

Despite its growth, Pi Network still operates in an enclosed environment, which restricts:

• Real-world utility

• Mainnet trading

• Actual value transfer

Why This Matters

Until Pi Network transitions to Open Mainnet, many critics consider its current trading activity as speculation on IOUs or placeholder tokens — not the real asset.

The full launch would:

• Enable wallet-to-wallet transfers

• Allow exchange integration

• Open dApp ecosystem development

• Solidify market legitimacy

Insiders suggest that Open Mainnet may go live in Q3 2025, but delays are possible.

📊 Key Metrics and Market Data

*Estimates based on IOU trading and unofficial data

📉 Downside Risks to Watch

While the upside potential looks attractive, traders should be cautious of:

1. Lack of Open Mainnet

The current token remains essentially an IOU — actual value can only be realized post-launch.

2. Regulatory Uncertainty

Depending on how Pi Network is classified, future regulations could impact listings or usage.

3. Exchange Delays

If Binance or Coinbase delay or cancel listing plans, short-term sentiment may tank.

4. Whale Sell-Offs

Early holders who mined PI for free could dump tokens en masse upon liquidity, suppressing prices.

📌 Conclusion: Is Pi Coin a Sleeping Giant?

Pi Network’s explosive rebound has reignited interest among both retail and institutional traders. With the broader market stabilizing, bullish chart patterns emerging, and exchange rumors swirling, the project appears poised for another breakout — possibly retesting the $1.7365 mark.

However, until Open Mainnet is live and major listings are confirmed, traders should remain cautious and use proper risk management.

The road to $1.73 — and potentially much higher — will likely be volatile, news-driven, and community-dependent. But if all pieces fall into place, PI could become one of 2025’s most surprising comeback stories.

🔮 Forecast: What Happens Next?

• Short-Term: Consolidation between $0.70 - $0.85 with upside push toward $1.00.

• Mid-Term: Possible test of $1.7365 resistance (~135% from $0.7385).

• Long-Term: Depends entirely on Open Mainnet, ecosystem development, and exchange traction.

Target Zones to Watch:

🛠 Pro Tips for Traders and Investors

• Set alerts at key price levels like $0.75, $1.00, and $1.73

• Monitor volume and RSI to detect early reversal signals

• Use tight stop losses if entering on breakouts

• Consider scaling in instead of all-in buys

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investing is highly speculative and carries risk.