The Pi Network coin dipped to $0.46 today, slipping 6% in the past 24 hours. Yet trading volume jumped to $20 million, up 80% over the same period. That mix of a price drop and a big volume rise often points to traders testing the waters rather than rushing in or out. Related Reading: Analyst Sounds The Alarm: Shiba Inu Primed For Over 1,500% Breakout Pi Network Volume Spike Signals Fresh Interest According to on-chain data, weekly gains of 1.1% suggest renewed curiosity around the Pi Network token. Its recent push past $0.48 may have drawn eyes back to the network. A big swell in transfers shows people shifting coins more than usual, even if the price isn’t following the same upward path. In the past few days, two separate moves of exactly 3.14 Pi have caught attention. Those small transfers tie back to the project’s namesake, the number π. Based on reports, these sent-outs came from a single wallet—labeled GASWBD…—which also withdrew over 10 million Pi in just six days. That same address links to about 320 million Pi in earlier activity, leading many to wonder if a big miner, an institutional backer, or someone from the Pi team is behind it. ???? 3.14 Pi Withdrawn — Twice in One Day: A Signal Echoing Across the Pi Network ???? The Numbers Are Speaking. Are You Listening? ⸻ ???? In a moment that sent chills through the Pi Network community, a mysterious wallet — GASWBD…J2AODM — made not one, but two withdrawals of… pic.twitter.com/eoLnHeJi0k — Mr Spock ???? (@MrSpockApe) July 10, 2025 Symbolic Transactions Stir Speculation The timing of these 3.14 moves matters. They arrived just as the price flirted with the psychological $0.48 mark. Some community members see the transfers as a rallying call, a nod back to Pi’s roots. Traders, though, tend to watch those numbers for clues of real buying or selling pressure. So far, the pattern looks more like a planned message than a panic sell‑off. Talk of a mainnet rollout or fresh exchange pairings has spread across forums. People point to the organized nature of the withdrawals as proof that bigger plans are underway. They hint that big news might be on the way—maybe new partners or additions that bring Pi out of its test network and into mainline usability. Forecast: Caution Ahead According to current forecasts, the value of Pi could decrease to $ 0.35 by August 11, 2025, a decline of 25%. Technical indicators are showing Bearish, and the Fear & Greed Index for the market is at 79 (Extreme Greed). Related Reading: Don’t Hold Back—Expert Recommends Full Stake In XRP Pi experienced 11 green days in the past 30 (37%) and recorded 9% price fluctuation over that time. That breakdown between high excitement and bearish direction is a picture of conflicting indicators for anyone considering getting on board now. So far, Pi Network is a project generating hope and skepticism. The $208 million volume increase indicates that people are indeed taking notice. But the prediction and on-chain activity suggest caution may be advisable until stronger milestones emerge. Featured image from Jeffrey Coolidge/Getty Images, chart from TradingView
Something strange has raised the eyebrows of the Pi Network community this week. A wallet associated with Binance’s Stellar deposits, which had already been used in Pi Coin transactions, has exhibited fresh activity. That was enough to ignite rumors that Binance might be quietly gearing up for a Pi Chain integration or even a future listing of $PI. Related Reading: Tether’s $1 Billion Mint Powers Tron — Is A Breakout Brewing? No official announcement has been made by Binance. But according to what blockchain monitors have observed, a number of small test-like transactions have been passed through the same wallet that was responsible for processing previous Pi-connected movements. The timing is what actually made people speculate. Is $PI finally coming to Binance? The Binance stellar deposit wallet which is the same as their $PI wallet has started testing transactions on the $PI chain. The wallet (GABFQIK63R2NETJM7T673EAMZN4RJLLGP3OFUEJU5SZVTGWUKULZJNL6) is testing the transactions. #PiNetwork pic.twitter.com/2lUqPy5Ivi — MOON JEFF ???? (@CRYPTOAD00) May 7, 2025 Ecosystem Update Set The wallet activity precedes, by just days, an upcoming Pi Network update. On May 14, the Pi Core Team will consider and perhaps approve a number of third-party apps to list on its ecosystem. It is one of the steps being taken towards integrating more use cases within the network, particularly following the release of its open mainnet in February. A Pi ecosystem announcement will be released on May 14. Tune in to find out what’s coming next! pic.twitter.com/5jn7m5mlmD — Pi Network (@PiCoreTeam) May 7, 2025 That launch was a watershed moment for Pi, which now boasts more than 60 million users globally. Nevertheless, the project continues to need to resolve important concerns such as inadequate smart contract functionality, slow transaction speeds, and stringent liquidity constraints. Those vulnerabilities have rendered it difficult for Pi to garner meaningful developer attention for creating apps and services. Pi Price Remains Stable PI coin has been having a decent performance of late. The coin sustained a solid run in the last seven days with a 2% increase, data from Coingecko shows. The ongoing rumors of a Binance listing may lift the coin price up further, or it could go sideways. Related Reading: Bitcoin Rebounds After Sharp Drop As Whales Fuel Push Toward $100K Binance Silence Keeps Market Guessing While some in the crypto community are optimistic, others are standing by. Binance has said nothing about Pi Coin. That has not deterred online whispers, but it certainly leaves a great many questions unasked. There is no evidence that Binance is looking to list Pi Coin – at least when this report was made – and the wallet movement could prove to be a coincidence. Eyes On Binance And Pi Network Ahead Of Key Date Meanwhile, the Pi community stands by for fresh scoop. May 14 might usher in significant changes. If the Binance wallet activity is the tip of a larger iceberg, and if PI does indeed get listed, that would shift the course of the project. Featured image from Gemini Imagen, chart from TradingView
Pi Network, once a well-loved crypto project among millennial investors, is in freefall. With the promise of user-friendly mobile crypto mining and a growing community of enthusiasts and supporters, the Pi Network quickly became one of the top projects in recent years. So it wasn’t surprising that its native token, PI, promptly raced to its all-time high of $2.99 when the developers launched the Pi mainnet. Related Reading: Dogecoin Set For 10x Surge? Elon Musk’s Anime X Post Sparks Hype However, after hitting a peak of $2,99, the token has crashed by nearly 50% over the past two weeks. The Pi coin trades between $0.80 and $0.83, with bearish market signals moving forward. Pi Coin Holders Looking For Answers The Pi Network launched its Open Mainnet on February 20th to much fanfare and anticipation. Supporters and crypto miners on social media heavily advertised the project’s official launch, marking its move from a closed ecosystem to complete decentralization. The token’s price immediately fluctuated, briefly surging to $1.96 before dropping to $0.74 and settling to $1.29. Almost 10M $PI coins will be unlocked today until tomorrow. That’s why price is ????. At least the @PiCoreTeam is not making rollbacks. On March 29 things will get better. #PiNetwork pic.twitter.com/MijB0zFpMF — Pi Open Mainnet (@piopennetwork) March 26, 2025 However, the first 30 days of Pi Network were filled with plenty of challenges and issues. For example, the Pi Network community faced issues with Binance, including its recent rejection of its possible listing. There was also a loss of confidence in the project, pushing a bearish sentiment on the token. More than 10 million Pi coins were added to circulation, pushing the price 12% down. Pi Network Devs Promise Things ‘Will Be Better’ Soon In a Twitter/X post, the Pi Network announced adding 10 million new tokens to circulation. While this news immediately pushed the price down, the dev team assured holders and investors that things would improve soon. Pi Network’s recent unlock schedule was transparent and immediately shared with the investing public. The devs also said they’re adding 102 million PI tokens to the current circulation next month. Although the developers have been transparent with these efforts, many holders, particularly the pioneers, have blasted the move. The Road Ahead For Pi Network In recent days, the Pi Network has been caught in heated discussions about the unclear rules for establishing the Pi Network Super Node. Many pioneers and crypto analysts are questioning the team and asking if it’s a transparent and decentralized project. Making matters worse is the recent data from PiScan showing that the Pi Network’s team keeps nearly 83 billion coins out of the total 100 billion in circulation. Related Reading: XRP Price Imminent Breakout: $5.30 On The Cards, Analyst Says Debates and questions intensified after Pi Network members didn’t receive complete answers and guidance on how they serve as SuperNode validations. Still, the project’s developer team remains bullish, and it aims to launch its new domain auction. According to recent data, the bidding attracted 200k bids in less than a week. Featured image from MakeUseOf, chart from TradingView