Pi Network ($PI) jumps 46% in 24 hours amid ecosystem growth and Binance listing speculation. But open mainnet questions remain.
Author: Chirag Sharma
Written On: Sun, 11 May 2025 18:35:02 GMT
On May 11, 2025, Pi Network ($PI) surged 46.67% in 24 hours, hitting $1.0570 with a daily trading volume of $104.40 million. The jump is tied to renewed market interest, growing community activity, Pi Network listing on Binance rumoursand speculation around ecosystem updates.
With over 60 million users and 20 million KYC-verified, Pi Network continues to grow. Newly approved apps like Fruity Pi and 1Pi Mall are expanding its real-world utility. The PiFest 2025 event also showcased strong adoption, with 58,000+ sellers accepting $PI for purchases. These developments help validate $PIās mobile-first, community-driven approach.
Community highlighted rising āmass mobile mining hype,ā pointing to how smartphone access is widening the networkās appeal.
A surge in circulating supply by 5 billion $PI has sparked rumors of a possible Binance listing. While unconfirmed, the move suggests liquidity prep for exchange onboarding. A recent community poll showed 86% in favor of listing, pushing expectations higher.
Analysts speculate that a Binance debut could boost $PI toward the $1.50ā$2.00 range, though it remains contingent on official confirmation. Investors remain alert, with a potential update expected on May 14.
However, token unlock eventsāincluding over 100 million $PI in Aprilāhave raised concerns about short-term price dilution.
This price rally highlights both opportunity and risk. Hereās what it could mean:
Until confirmed, uncertainty over whether Pi is live on open mainnet may weigh on long-term confidence.
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