The Pi Network Price Surge You Didn’t Know You Needed

by

Oh, joy! The Pi Network has decided that after almost a month of keeping us all on the edge of our seats, it was time to roll out a “major” update. And by “major,” we mean a tiny but slightly significant one that might just lead to Pi Coin being listed on Binance. The update? Well, it’s a new mainnet wallet activation feature. Because, of course, activating wallets is *exactly* what the world needs right now. 🙄

Now, before you get too excited, let’s talk numbers. The price of Pi Coin, after this momentous wallet activation event, dropped by a whole 1.8% in the last 24 hours, currently resting at a modest $0.58. Progress, right? But don’t worry – according to the Pi team, 2025 is the year that Pi will rise like a phoenix from the ashes. (We’ll see.)

Pi Network’s Wallet Update: Because Who Doesn’t Love a Bit of Decentralization?

In a grand move that surely no one saw coming, Pi Network has unveiled a new feature that will let KYC’d users activate their mainnet wallets on the blockchain. Revolutionary, right? This is the update that will finally tackle the transparency issues that the community has been bellyaching about forever. But don’t worry, we’re not just talking about transparency—this new feature also introduces decentralization. It’s like the Pi Network team decided to sprinkle some magic dust and make the whole thing a bit less centralized. How thoughtful. 🌟

In a blog post (which you can pretend to read later), the Pi team went on to say that this update will make it easier for new users to access the mainnet. It’s all part of a strategy to get more people involved in the Pi ecosystem. Because if there’s one thing we need, it’s more people jumping into an ecosystem that’s been making headlines for all the wrong reasons.

“This feature largely reduces the steps and time required for non-users to receive Mainnet wallets and interact directly with Pi utilities, which in turn onboards more people into the Pi Mainnet ecosystem sooner.”

Translation: we’re trying to make things easier for you, because that’s what makes the Pi Network truly *decentralized*. With transparency (and decentralization) now mostly sorted, the team believes that top exchanges might finally stop pretending Pi doesn’t exist. Can Binance be next? Hold onto your hats, because we’re about to find out!

The $1 Pi Dream: Can We Get There in 2025?

If you’re a chart lover (and who isn’t?), the technical analysis looks somewhat promising. According to the latest falling wedge pattern on the 4-hour chart, Pi Network might just be on the verge of a 16% rally. That’s right, 16%! Who knew that a falling wedge could be the savior of the crypto world? And if Pi can manage to break the resistance at $0.71 and push past $0.80, we might just see the fabled $1 mark. Who wouldn’t love that, right? 🎉

And the ADX line (it sounds important, trust us) is also showing signs that the current downtrend is a bit weak. This means that the Pi price might just be ready to rally. If selling slows down and buyers suddenly remember that Pi exists, we could be looking at a nice upward trend. Or not. Who really knows?

Pi Network’s outlook for 2025 is… cautiously optimistic, maybe? The recent mainnet wallet activation might just be the thing that gets Pi listed on those elusive top exchanges. If it can smash through some resistance levels, we might just see $1 sooner than expected. And if that happens, well, get ready for an upswing that could send Pi to the moon. Or at least, to the moon’s outer orbit. 🚀

Read More

2025-05-03 15:06